Day: September 1, 2021
Change in laws should support Constitution
THE Supreme Court has removed 10 provisions under the Organic Law on the Integrity of Political Parties and Candidates (Olippac) law recently because these provisions were against the spirit of […]
High expectations on Pangu
THE election of Erigeri Singin of Boana in Morobe’s Nawaeb district as Pangu Pati president shows that the party has not forgotten its roots and birthplace of Morobe. But more […]
4pc interest rate for members
MEMBERS of the Nambawan Savings and Loans Society (NSLS) will receive a 4 per cent crediting rate into their savings accounts for the 2020 financial year, says chief executive officer […]
Price, accessibility making farmers lose interest in coffee
AGRICULTURE and Livestock Minister John Simon says low coffee production can be attributed mainly to price and accessibility to markets. “The continuous drop in production is due to many reasons […]
‘Economy to recover this year’
THE national economy is expected to recover later this year and into 2022, Steamships Trading Company Ltd says. The company stated in its half-year report for the 2021 financial year, […]
Nasfund members can apply for new look ID card for free
NATIONAL Superannuation Fund (nasfund) contributors who are yet to receive their new look membership identification (ID) cards, can now apply for one for free, according to the fund. The fund […]
Federation supporting tax reform
THE Employers Federation of PNG (EFPNG) supports tax reform, especially one intended to simplify the tax system, a statement says. But it believes that a detailed and open consultative process […]
NSLS looking to acquire failing savings and loans societies
THE Nambawan Savings and Loans Society (NSLS) will be looking to buy other savings and loans society which are going out of business, says chief executive officer John Solok. “We […]
Sir Moi retires as chairman
SIR Moi Avei has retired as chairman of the Ok Tedi Mining Ltd (OTML) after six and a half years. OTML managing director and chief executive officer Musje Werror yesterday […]
Steamships records K33mil profit for first half of 2021
STEAMSHIPS Trading Company Limited’s (Steamships) unaudited net profit of K33.1 million for the half-year ended June 2021 is an increase of 106 per cent compared to the last corresponding period, […]