Rising demand puts taro on the menu for farmers

Rising demand puts taro on the menu for farmers
By JIMMY KALEBE, The Independent PNG Rising demand puts taro on the menu for farmers THE demand for taro in Lae is increasing with more farmers growing the root crop for local and commercial consumption. According to researcher Ignatius Gena, of a Goroka-based food company, the potential of commercialising the root crop was high... more →
Posted in: Papua New Guinea

City traffic affecting businesses

By HELEN TARAWA, The National PNG TRAFFIC congestion in Port Moresby is affecting businesses in the past month, particularly in the central business district, city manager Bernard Kipit says. Kipit told the Port Moresby Chamber of Commerce and Industry breakfast meeting that they had been holding “frequent discussions” with the... more →
Posted in: Papua New Guinea

PNG’s growth to remain low, says report

By Lemach Lavari, The National PNG Growth of the Papua New Guinea economy is expected to remain low this year and in 2019, according to a bank economic report. The Australia and New Zealand (ANZ) Banking Group report said PNG’s gross domestic product would grow by 1.9 per cent this year and 2.1 per cent in 2019. This is well below... more →
Posted in: Papua New Guinea

MP hopes gas project will help locals

WESTERN Governor Taboi Awi Yoto has said the Fly River government wanted its people to benefit from the P’nyang gas field which it hopes remains a standalone project and not part of the existing LNG project. The P’nyang field is located within petroleum retention license 3, which covers 105,000 acres (425sqkm). ExxonMobil affiliates... more →
Posted in: Papua New Guinea

Development of galip nut to commercial product hailed

EAST New Britain Governor Nakikus Konga
EAST New Britain Governor Nakikus Konga By ELIZABETH VUVU, the national PNG EAST New Britain Governor Nakikus Konga, pictured, has commended partners involved in the development of the galip nut into a commercial product. Konga made the remarks at the galip nut launch last Friday at Rapopo Plantation Resort. It was attended by officials... more →
Posted in: Papua New Guinea

PM: Govt will not burden businesses

The National PNG – PRIME Minister Peter O’Neill says the Government will not increase the burden on the business community in the country. He told the Australia-PNG Business Forum and Trade Expo in Brisbane yesterday that there had been no major changes in the way we are doing business in PNG, particularly in terms of fiscal... more →
Posted in: Papua New Guinea

5000 businesses, K45bil in investments make Aust a PNG heavyweight

The National PNG – ABOUT 5000 Australian businesses operate in Papua New Guinea, according to a statement from the Australian High Commission in Port Moresby. In addition, Australian investment in Papua New Guinea exceeds A$18 billion (K45 billion), largely in the financial services and oil and gas sectors. This underpins... more →
Posted in: Papua New Guinea

LNG project benefits not meeting expectations: Abel

Deputy Prime Minister and Treasurer Charles Abel
Deputy Prime Minister and Treasurer Charles Abel The National PNG – The scale of benefits from the PNG LNG Project have not matched expectations fully, especially when commencement of production coincided with a collapse of oil and gas prices, Deputy Prime Minister and Treasurer Charles Abel, pictured says. Responding to a... more →
Posted in: Papua New Guinea

Firms get 18 months to prepare for plastic ban

THE Government has allowed an 18-month grace period for companies to prepare themselves
THE Government has allowed an 18-month grace period for companies to prepare themselves THE Government has allowed an 18-month grace period for companies to prepare themselves for a complete ban on plastic shopping bags. Minister for the Environment, Conservation and Climate Change Minister John Pundari made the announcement after... more →
Posted in: Papua New Guinea
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