Day: December 20, 2021
Set up credit scheme, bank told
By PETER ESILA YANGORU-SAUSSIA MP Richard Maru says the Bank of Papua New Guinea needs to set up a corporation to guarantee credit to grow the small-to-medium enterprise (SME) sector. […]
Incubation centres important in growing SMEs, Maru says
YANGORU-SAUSSIA MP Richard Maru says incubation centres are a great way to grow the billion kina small-to-medium enterprise (SME) sector, and the next step is to operate as a franchise. […]
Santos pleased with merger
SANTOS Ltd says it is pleased that the merger of Santos and Oil Search Ltd effected by way of a scheme of arrangement was implemented on Friday. Santos acquired 100 […]
Cocoa farmers get K200,000 support from chocolate firm
TWO hundred and sixty-two cocoa fermentry owners in Morobe and Madang have received a total of K200,000 in cash premiums as incentives from international chocolate company Lindt and Sprungli. The […]
Roadworks progressing
THE Kikori development authority (DDA) received two trucks to be used as public motor vehicles (PMVs) to help the people of Ihu local level government. Kikori MP Soroi Eoe said […]
Special economic zones will attract direct foreign investment: Minister
THE Special Economic Zone concept is good for foreign direct investment, says Foreign Affairs and International Trade Minister Soroi Eoe. He said during a department meeting in Port Moresby on […]
Sonk hails firms after merger
KUMUL Petroleum Holdings Ltd has congratulated Santos Ltd and Oil Search Ltd on their successful merger. Managing director Wapu Sonk, on behalf of the board and trustee shareholder, Prime Minister […]
Habourside South development to be completed next year: Exec
By PETER ESILA DEVELOPMENT on the 21-storey Habourside South building in Port Moresby is progressing well, Steamships managing director Rupert Bray says. Bray said work on the K250 million investment […]
Flies seal double
By ROBINSON LEKA HOHOLA Flies celebrated the club’s 10th anniversary in the Port Moresby Rugby Football League with their A-grade side completing the double after they beat defending premiers Tarangau […]
Sports vital for adolescents, says official
GETTING adolescents involved in sports is important for growth and developing a good attitude in society, according to an official. Adolescents from Buna and Kokoda, Northern, recently graduated from Kokoda […]