Day: February 21, 2022
IRC exceeds target by K375mil
THE Internal Revenue Commission collected K9.596 billion last year, exceeding the target by K375 million, commissioner general Sam Koim says. Last year’s target was K9.221 billion. Koim said during the […]
Commission targets K10.5billion in tax revenue this year
THE Internal Revenue Commission (IRC)’s gross tax revenue projection for this year is K10.509 billion, an increase of 16 per cent or K1.327 billion from last year, its commissioner general […]
Papua LNG nearing deal: Kua
PETROLEUM Minister Kerenga Kua says the Papua LNG is on track for final investment decision (FID) next year and construction to begin in 2028. This follows discussions with operator TotalEnergies […]
Papua New Guineans urged to develop savings culture
NATIONAL Superannuation Fund (Nasfund) brand ambassador Justin Olam urges Papua New Guineans to develop a savings culture through the fund. The National Rugby League Melbourne Storm centre last week met […]
Miner pulls production outlook as virus hits ops
Australian gold miner St Barbara Ltd on Friday withdrew its production outlook for fiscal 2022, citing an outbreak of the Omicron variant of the Coronavirus (Covid-19) at its Simberi operations […]
Mayur installs solar power in village
MAYUR Industries is installing a K100,000 solar power system in Central’s Kido village for communities to access electricity, its managing-director Paul Mulder says. “Our current projects include the Central cement […]
Partnership aims to roll out SME training
NATIONAL Development Bank and Pacific Institute of Leadership and Governance will work to roll out the financial literacy training in small-to-medium enterprises (SMEs), bank chairman Michael Mell says. “SME owners […]
Winning culture key for Hunters
By PATRICIA KEAMO PAPUA New Guinea international Justin Olam has urged the SP Hunters to develop a winning culture as they prepare for their second Hostplus Cup season away on […]
Select side fall short to Kapuls
By LARRY ANDREW LACK of match fitness from just a week’s training saw a Lae select side lose 2-5 to the national men’s football team in a friendly match at […]
Laumas’ experience proves too much for Isou in eliminator
LAUMAS’ experience proved too much for Gulf Isou Development as they walked away 16-6 winners in Southern Super League National Gaming Control Board Cup elimination finals at Moresby South Stadium […]