Day: September 17, 2021
Kina’s Westpac offer finally rejected – what’s next?
This week, PNG’s Independent Consumer and Competition Commission (ICCC) rejected the acquisition of Westpac PNG by Kina Securities (the owner of Kina Bank) in its final determination. Since the ICCC […]
‘Rejection calls for competition’
By DALE LUMA THE Independent Consumer and Competition Commission’s (ICCC) decision to reject Kina Securities Limited’s (KSL) application to acquire shares in Westpac PNG signals the need for competition, Micro […]
Initiative paves way for farmers to sell cattle
TWO young men who started a company a year ago have helped many cattle farmers in Sialum, Tewai-Siassi to sell their cattle. Johannes Simbak, 30, and Steward Marcus, 27 started […]
K3mil for hydro project
By PETER ESILA A K3 million hydropower station capable of powering the Goodenough Island, in Milne Bay, will be built to benefit the people of Kiriwina-Goodenough, MP Douglas Tomuriesa says. […]
Credit Corp sees positive start to financial year
THE Credit Corporation Group has seen a positive start to the 2021 financial year, reflecting a modest improvement in the financial performance from a sharp contraction last year. The company […]
CEO: Mobile data business picking up
TELIKOM PNG Ltd’s mobile business has picked up with data usage but its fixed business line had dropped, acting chief executive officer Amos Tepi says. Tepi said this while providing […]
Official urges people to back locally-owned firms
PAPUA New Guineans need to support locally-owned businesses, an official says. Telikom PNG Ltd acting chief executive officer Amos Tepi said competition was good for the telecommunications market but the […]
Province pilots carbon trading
NEW IRELAND has become the first province to pilot carbon trading through its Konoagil local level government (LLG). PNG in turn has become the 15th country (out of 4,500 carbon […]
Sea Eagles aiming to rebound
Sea Eagles primed … Manly Sea Eagles forward Taniela Paseka taking on the Melbourne Storm defence during week one of the National Rugby League finals at Sunshine Coast Stadium on […]
NSL to kick off round 2
THE second round of the National Soccer League season will kick off tomorrow in Port Moresby and Lae following a two-week break. The next seven weeks will see all 14 […]