Day: December 15, 2021
Get down to rural areas and plan development
PAPUA New Guinea is touted as a richest island nation in the Pacific for having its land covered with gold, copper, nickel, gas, oil and other mineral deposits that brings […]
Development in Pomio encouraging
ROAD connectivity still remains a big challenge to most rural areas in East New Britain. This includes most inland communities in Pomio. The rehabilitation of the four rural airstrips in […]
Remove more settlements
WHILE I sympathise with families living at Garden Hills settlement, ample time was given to them to leave the area. The settlement has been a breeding ground for thugs and […]
Instil good behaviour in schools
INSTILLING good behaviour and its management is a very big issue in all schools in the country. The policy sets out the operational behaviour management responsibilities of teachers, school boards, […]
BSP failed to comply with rules
BANK South Pacific Financial Group Ltd (BSP) has acknowledged that it failed to conduct effective enhanced customer due diligence reviews and that there were compliance gaps in its anti-money laundering […]
Members to access accounts using mobile banking
NAMBAWAN Super Ltd has announced that it is now a BSP mobile banking merchant, bringing its super services closer to its choice super members. Choice super members at Nambawan Super […]
K250mil paid to shareholders
By SHIRLEY MAULUDU MORE than K250 million was paid yesterday by Kumul Petroleum Holdings Ltd (KPHL) to 60,000 landowners and five provincial governments of the PNG LNG project impact areas. […]
Kumul Petroleum pays K200mil dividend to Govt
KUMUL Petroleum Holdings Ltd (KPHL) yesterday paid the Government K200 million as dividend, in addition to the K100 million paid earlier this year. Prime Minister James Marape urged KPHL to […]
Santos biggest partner in LNG project
SANTOS Ltd is now the biggest partner in the PNG LNG project with over 40 per cent stake, according to Securities Commission of Papua New Guinea (SCPNG). Acting executive chairman […]
Commission: Santos’ listing shows its confidence in capital market
AUSTRALIA’s Santos Ltd has demonstrated its confidence in the Papua New Guinea capital market through its listing on the PNG National Stock Exchange (PNGX), according to the Securities Commission of […]