Day: August 20, 2021
Make housing affordable
HOUSING is an important human need in all Papua New Guinea urban centres. Unfortunately, chances of most urban families acquiring homes of their own remain slim. This is because the […]
‘Tisa’s bid pending approval’
By DALE LUMA TEACHERS Savings and Loans Society’s (Tisa) application for a banking licence is still pending approval, says Bank of PNG (BPNG) Governor Loi Bakani. Bakani confirmed with The […]
BSP denies having K1,000 limit on cash deposits
By SHIRLEY MAULUDU BANK South Pacific Financial Group Ltd (BSP) does not have a K1,000 limit on cash deposits for its personal retail customers, group chief executive officer Robin Fleming […]
Shipment delay affects bulb onion supply
A SHORTAGE of bulb onions in some Port Moresby supermarkets was due to a delay in shipment, says City Pharmacy Ltd chief executive officer Navin Raju. Raju however said all […]
No foul play in selling of Alotau hotel: Sir John
MILNE Bay Governor Sir John Luke Crittin says there was no foul play involved in the sale of former Alotau International Hotel. Sir John said the provincial government had made […]
Law allows for checks: Bakani
COMMERCIAL banks are required under the Anti-Money Laundering (AML) Act 2015 to know the source of cash being deposited by customers, according to the Bank of PNG (BPNG). But Governor […]
Country still facing forex issues: BPNG
BANK of PNG (BPNG) governor Loi Bakani says the country continues to face an imbalance of foreign exchange inflows and orders for imports. Bakani said the imbalance led to some […]
Nambawan Super says membership movement stable
NAMBAWAN Super Ltd (NSL) has not seen changes in its membership in terms of exits and entries, says trustee director Richard Sinamoi. “In terms of exits and entries into the […]
Vipers out for revenge
By PARKER TAMBUA PORT Moresby Vipers say they have an unfinished business with Hela Wigmen as the Moni Plus-sponsored side aim to avenge their heartbreaking 8-12 loss in last year’s […]
Marape backs Barras
By ROBINSON LEKA THE Papua New Guinea Barramundis yesterday received a funding of K150,000 from the national government following the team’s official launch of their uniforms for the upcoming Twenty20 […]