Category: Business
State, landowners meet to fast track agreement process
THE State and Hides-to-Porgera power line landowners met last week in Tari, Hela, to fast track the Community Development Agreement (CDA) process before the end of May. This is so […]
IMF defends loan arrangements
By NATHAN WOTI THE loan arrangement between the International Monetary Fund (IMF) and Papua New Guinea is in the interest of the Government’s economic reform, according to an IMF official. […]
MiBank opens first agent office in Lorengau to serve Manus
MIBANK has set up its first agent in Lorengau to provide financial services to the people and extend its services to the outer islands of Manus. Chief operating officer Trudi […]
Agreement to support country’s marine food safety
TWO pre-eminent authorities in the area of maritime food and food safety have continued a decade long collaborative partnership with another agreement signing last weekend. The National Fisheries Authority (NFA) […]
Quicklime production expected after 18 months
THE Mayur Resources Limited quicklime production in Central is expected to begin after 18 months of construction and funding which will cover construction costs. It is expected to produce 400,000 […]
Air Niugini resumes flights to Brisbane, Singapore as aircraft return
AIR Niugini has resumed its Boeing 767 aircraft flights to Brisbane and Singapore following the completion of scheduled heavy maintenance checks on them. Acting chief executive officer Gary Seddon said: […]
Tarutia appointed as board adviser of economic zone authority
FORMER Nasfund chief executive officer Ian Tarutia has been appointed as the board adviser to the Special Economic Zone Authority (Seza). Tarutia will be focusing on investments, a pivotal role […]
ICCC clears acquisition
THE Sime Darby Oils (PNG) Limited has acquired the downstream business operations and assets of New Britain Palm Oil (NBPO), after the Independent Consumer and Competition Commission (ICCC) gave its […]
K1.2mil for Tabar group
THE Tabar Group of Islands Cocoa Cooperative Society has received about K1.2 million from the World Bank to carry out a cocoa rehabilitation and development project. The project proposal was […]
Corporation signs deal with SHP’s Imbonggu
THE Small-Medium Enterprises Corporation (Smec) has partnered with the Imbonggu development authority to promote business development. They signed a memorandum of understanding last week in Imbonggu, Southern Highlands. Rodney Sumale, […]