Day: August 30, 2022
‘Use LNG money to build SWF’
THE PNG Chamber of Mining and Petroleum is suggesting to the Government to use the windfall from the PNG LNG Project to build up the Sovereign Wealth Fund (SWF). Chamber […]
Minister targets downstream processing
FOREST Minister Salio Waipo says he will continue the effort to turn forestry into a revenue-generating industry. Waipo said the industry had been overlooked for too long. It is why […]
Fund urges Govt to pay K160mil
NAMBAWAN Super Ltd (NSL) chief executive officer Paul Sayer says the Government’s K160 million rental arrears will affect its 214,000 member’s earnings if not settled. Sayer told the PNG Investment […]
Gavuone villagers in Abau launch crab fattening project
VILLAGERS of Gavuone in Abau, Central will soon be able to export mud crabs to international markets after the opening of a crab fattening project on Friday. National Fisheries Authority […]
Collaboration important in addressing challenges
THE extractive resource industry always comes with its negative impacts, but it is important to work together to address the challenges, says Barrick (Niugini) Ltd country executive director Dr Ila […]
Cocoa company establishes markets and increases benefits
THE Madang Cocoa Company Ltd which was revived in 2019 has established markets and increased the benefits for its farmers, says operations officer Samuel Yaongole. It is a 50-50 partnership […]
Market to be completed next year, says MP
By PETER ESILA TALASEA MP Freddie Kumai says the new Kimbe market under construction will be opened next year in September or October. He said the market would be an […]
Clean green energy project initiative to start soon
THE clean green energy projects initiative is expected to start soon after Prime Minister James Marape again met Fortescue Future Industries South-East Asia president Allard Nooy in Port Moresby yesterday. […]
Wesley wants Govt to stop reported sale of island in Milne Bay
MILNE Bay Governor Gordon Wesley wants the Government to stop the reported sale of an island in the province. This follows a report in the Australian media that the Conflict […]
Three more universities established in the country
THREE more universities have been established taking the number in the country to eight, says Higher Education acting secretary Dr. Francis Hualupmomi. He said the Department of Higher Education Research […]