Day: May 26, 2022
PNG economy ‘stable’
THE Standard and Poor’s (S&P) Global Ratings has revised its outlook on Papua New Guinea to stable from negative. According to S&P, the stable outlook reflects its assumptions that fiscal […]
PM: Aust’s intervention assisted Govt’s economic policies
THE Australian government’s intervention to assist PNG with funding support for key infrastructure has assisted the Government’s expansionary economic policies, Prime Minister James Marape says. Marape said this at the […]
Minister confirms directors
STATE Enterprises Minister William Duma has confirmed the appointments of several non-executive directors to the board of various state-owned enterprises. Duma said after an extensive search and selection process conducted […]
Airport to have new screening system: Kiponge
JACKSON International Airport’s domestic terminal’s new baggage security screening system is to be completed and ready for operation in September, National Airports Corporation (NAC) managing-director and chief executive officer Rex […]
BSP paid K5bil in dividends
By DALE LUMA BANK South Pacific Financial Group Ltd has paid about K5 billion in dividends since 2012, its chief executive officer Robin Fleming says. “All shareholders had benefited from […]
DAL needs to fix ‘legacy issues’
THE agriculture sector contributes around 30 per cent of Papua New Guinea’s national gross domestic product (GDP). Coffee, cocoa, copra, palm oil, rubber and tea are PNG’s major exports in […]
Resource projects to bring K200bil, says Marape
RESOURCE projects yet to be developed will bring about K200 billion into the country’s economy, Prime Minister James Marape says. He therefore, encouraged investors to continue investing in the country. […]
Fleming confident of BSP’s future
BANK South Pacific Financial Group Limited (BSP) chief executive officer (CEO) Robin Fleming says he is confident that the bank will continue to progress under the leadership of the board […]
Palm oil prices good for farmers, exec says
By PETER ESILA OUTGOING general manager of Hargy Oil Palms Limited David Mather said recent palm oil prices would benefit farmers. “When I left the prices were at historic highs,” […]
Hunters release forward Dickson
By PARKER TAMBUA THE SP Hunters have released forward Casey Dickson on disciplinary grounds midway through Queensland’s Hostplus Cup season, says coach Matthew Church. He told The National yesterday that […]