Month: June 2022
Focus on building food sector
THE biggest investment by Nambawan Super Ltd (NSL) in the food sector is through Paradise Company Ltd, says Paradise group board chairman Anthony Smare. Smare said the superfund believed in […]
Coffee, cocoa from smallholders going overseas: Official
By PETER ESILA COFFEE and cocoa produced by smallholders are already reaching the international market, says Agriculture and Livestock Department (DAL) acting secretary Dr Nelson Simbiken. He said during the […]
NCSL helps Tombui purchase new vehicle
KEVIN Tombui has a new truck, thanks to his decision to save money in the Nasfund Contributors’ Savings and Loans Society (NCSL). It helped him after he retired to start […]
Laga Industries opens new office
THE Laga Industries Ltd in Lae opened its new office complex on Monday built at a cost of K2.2 million at East Taraka. Paradise Company Ltd board chairman Anthony Smare […]
PNG recovering from Covid-19
University of PNG economics lecturer MAHOPA LAVEIL provides an overview on the impact of the Coronavirus on the economy, including negative growth, reduction in personal income, increase in formal unemployment, […]
Credit Corp make changes to board
CHANGES were made to the Credit Corporation board in the 2021 financial year (FY21) after three directors left, according to chairman Richard Sinamoi. He told the company’s recent annual general […]
Makap says MVIL eyeing increase in revenue
THE Motor Vehicle Insurance Ltd (MVIL) expects an increase in revenue when it starts registering imported vehicles, mobile plants and machines, an official says. MVIL managing director Michael Makap signed […]
Companies relax restrictions
By PETER ESILA TWO big companies have relaxed the rules on the wearing of face masks in their premises, making it voluntary for customers and employees. Bank South Pacific Financial […]
Nasfund partners with resort
THE National Superannuation Fund (Nasfund) and the Loloata Island Resort have partnered to provide special deals for Nasfund members. Through the fund’s membership discount programme, Nasfund members can enjoy: A […]
ICCC fines 8 shops in Jiwaka
THE Independent Consumer and Competition (ICCC) has fined a total of eight shops in Kudjip, Minz and Banz in Jiwaka this week for overpricing declared items, an official says. ICCC […]