Month: February 2024
ICCC wary of cartel behaviour
By PETER ESILA STAKEHOLDERS in the economy have raised concern regarding cartel conduct in public procurement, the Independent Consumer and Competition Commission says. Chief executive officer Paulus Ain said such […]
Kina records solid figures
By NATHAN WOTI KINA BANK has announced a solid performance in loan book, cost control and net profit tax for the whole 2023 financial year. The Bank’s FY23 results were […]
Jack’s creates opportunity for local designer Nabur
By PETER ESILA JACK’S of PNG has created an opportunity for 30-year-old local artist and designer Israel Clyde Nabur to feature his designs on clothing now on the shop’s shelves. […]
Upskilling hospitality staff vital: Brewery
By NATHAN WOTI South Pacific Brewery concluded a month-long training on the responsible service of alcohol for Australia Pacific Training Coalition (APTC) students in the National Capital District last week. […]
Concept of capital markets explained
While we look at the whole economy as a “big fish”, there are however parts to it that make up the whole concept of the economy. One such part is […]
IPA head encourages Japanese investment
PAPUA New Guinea has seen an increasing level of interest from Japanese firms over the last five years especially in terms of foreign direct investment, a senior agency official says. […]
Anti-competitive conduct difficult to detect: Ain
MANY cartels operate in secrecy which makes it difficult for the Independent Consumer and Competition Commission (ICCC) to detect them, according to commissioner and chief executive officer Paulus Ain. He […]
Farmers’ rep calls on Govt to fix woes
THE Farmers and Settlers Association has called on the Government to address domestic issues which impact prices and cost of living, instead of blaming imported inflation. Association president Wilson Thompson, […]
Briefs
Generator for district A NEW 500-kilowatt generator has been delivered to Bwagaoia station in Milne Bay to assist in its electricity supply after its old generator began having problems. Samarai-Murua […]
Mobil Oil steps up effort to keep country supplied with fuel during shortage
By GLORIA BAUAI MOBIL Oil New Guinea, an affiliate of American oil and gas corporation ExxonMobil, is currently working to import all the fuel types needed in Papua New Guinea. […]