Day: August 27, 2021
PM ‘running short of patience’
PRIME Minister James Marape is “running short of patience” with Twinza Oil Ltd for not talking with his administration and instead criticising the Government in the media. Marape was referring […]
District parks K1mil in micro bank to support MSMEs
By PETER ESILA ABOUT a million kina in micro, small-to-medium enterprise (MSME) funds will be parked at the People’s Micro Bank (PMB) for the Moresby North East electorate. PMB officer-in-charge […]
Correction
Oil Search in its half year result for the period ended June 30 2021, posted a net profit of US$139million (about K479.43million). The company’s board declared an interim dividend of […]
Commission, PNGX seal deal for better cooperation
THE PNG Securities Commission and PNG National Stock Exchange (PNGX) have signed a memorandum of understanding regarding the maintenance of an orderly market for listed securities. It aims to promote […]
Dept urged to question bank
THE Department of Commerce and Industry has been told to explain the K80 million given to the National Development Bank (NDB) to be used for loans to micro-small-medium enterprises (MSME). […]
Businessman venturing into tourism industry
BUSINESSMAN Eke Lama aims to buy more hotels and motels around the country. Lama, the owner and managing director of Yumi Yet Real Estate, said Papua New Guinea’s property and […]
Department working on agriculture policies, long-term plan
DEPARTMENT of Agriculture and Livestock (DAL) acting secretary Stephen Mombi says the department’s policy division is undertaking work on an agriculture price support policy. Mombi said the department would also […]
Fleming says security an issue for BSP in rural areas
By DALE LUMA BANK South Pacific Financial Group Ltd (BSP) chief executive officer Robin Fleming says security continues to be an issue for the bank in rural and remote areas […]
Muruks hoping to end hoodoo
By PARKER TAMBUA MENDI Muruks will be hoping to reach their first grand final in nine years when they meet minor premiers Lae Tigers in Sunday’s major semifinal in Port […]
Garamuts qualify
THE International Cricket Council has confirmed the Papua New Guinea Garamuts’ qualification for the Under-19 Men’s World Cup which will be held in the Caribbean next year. This was announced […]