Category: Business
Give loans, not handouts: Chow
By NATHAN WOTI LAE businessman Ian Chow says the Government is making a grave mistake by giving relief funds to businesses affected by the Jan 10 civil unrest instead of […]
First phase of relief package being delivered
THE first phase of Government’s relief package for businesses impacted on Jan 10 is already in progress, demonstrating a crucial support to impacted companies, says chief secretary Ivan Pomaleu. The […]
Maru asks for fairer treatment
THE Government has raised its concern with New Zealand on the low number of Papua New Guinea seasonal workers it employs compared to Vanuatu. International Trade and Investment Minister Richard […]
PNG-NZ partnership hailed
INTERNATIONAL Trade and Investment Minister Richard Maru says both Papua New Guinea and New Zealand governments need to negotiate a comprehensive, economic and development partnership under a proper agreement. Maru […]
Chamber to stage inaugural PNG resources week in July
PAPUA New Guinea Chamber of Resources and Energy (PNGCore) is staging the inaugural PNG Resources Week in July. PNGCORE president Anthony Smare said: “The PNG Resources Summit will be held […]
PNGCore president praises Ok Tedi Mine for its strong performance in first quarter
THE Special Mining Lease extension for Ok Tedi Mining Limited (OTML) culminates with its first quarter results of a record production which represented a 61 per cent increase from the […]
Companies spending, little return
By NATHAN WOTI ECONOMIC activity is constrained with only a few businesses reporting they have exceeded their budgets, says Papua New Guinea Manufacturers Council (PNGMC) chief executive officer Chey Scovell. […]
Finschhafen fishing business thriving
LOCAL fish farmer in Finschhafen, Morobe, and Steve Fening is hoping to expand a small family business to create employment for youths. Fening currently supplies fresh caught fish to supermarkets […]
Big first quarter figures
OK TEDI Mining Limited (OTML) has announced a record 26,114 dry metric tonnes (dmt) of copper, marking a 61 per cent increase in the first quarter of production. The same […]
NFA working with partners to combat illegal fishing
THE National Fisheries Authority (NFA) says it is working with its partners to combat illegal, unreported, and unregulated (IUU) fishing. Managing director Justin Ilakini said the NFA has established a […]