Minister impressed with progress of Sepik Plains project

June 9, 2021 The National  NATIONAL Planning and Monitoring Department secretary Koney Samuel has welcomed the progress and development of the Sepik Chicken, Grain and Cocoa Innovation project on the Sepik Plains after a tour of the facility last week. He said the Government would support the project, including the construction... more →
Posted in: Papua New Guinea

Mine closure unnecessary: Barker

By DALE LUMA THE closure of the Porgera gold mine in Enga last April has had unnecessary, devastating economic impact on the lives of so many people, according to an economist. Executive director with the Institute of National Affairs Paul Barker was responding to the handing over of the mine’s framework agreement by Prime Minister... more →
Posted in: Papua New Guinea

Church leader says casino will increase social problems

June 8, 2021The NationalNational CASINOS have economic advantages and disadvantages but they have more negative socio-economic impacts, Evangelical Lutheran Church of PNG (ELCPNG) head bishop Rev Dr Jack Urame says.“I disagree with approval to build a casino in the nation’s capital as the country has had enough of social problems. “Family... more →
Posted in: Papua New Guinea

Morobe proposes to buy shares in Trukai Industries

By PNG Bulletin Online Morobe Provincial Government and Trukai Industries Ltd in a round table discussion. Photo: supplied MOROBE Province wants to be the leading commercial rice producer in the country and will spearhead the national government’s policy to reduce PNG huge rice imports. Morobe Governor Ginson Saonu declared this... more →
Posted in: Papua New Guinea

‘Stret Pasin Stoa’ program should be revived: Report

Stret Pasin Stoa in the 70s. Photo: NDB
By PNG Bulletin Online -June 2, 20210138 Thomas Honga and Dr. Francis Odhuno giving their report findings recently. Photo: PNGNRI LACK of ownership in the retailing sectors by indigenous Papua New Guineans is believed to be one of the factors affecting the “Stret Pasin Stoa” scheme, a program that was aimed at seeing PNG entrepreneurs... more →
Posted in: Papua New Guinea

BREAKING NEWS: PMJM’S PORGERA TRIP STOPPED BY LANDOWNERS DEMANDING A COPY OF THE FRAMEWORK AGREEMENT

Since the government and Enga Provincial government announced your major deal with Barrick over a month ago, no one has seen the copy of the signed Agreement including Mineral Resources Enga who are supposed to be signatories of the Agreement (they did not sign) and Kumul Minerals Board and Management who are the SML11 owners and... more →
Posted in: Papua New Guinea

Kina Bank setting international standards: Competition boost

May 19, 2021 by toksavebot, EMTV Online Kina Bank is resetting its Indicator Rate for lending to business in a move that reflects international standards and will drive competition in banking in Papua New Guinea (PNG). In a bold move the bank will reduce its Indicator Lending Rate (ILR), effective 1 June 2021, to 6.25%. The ILR in... more →
Posted in: Papua New Guinea

Many lack financial literacy skills: Trainer

Thomas Honga and Dr. Francis Odhuno giving their report findings recently. Photo: PNGNRI
May 18, 2021 by toksavebot, Post Courier Online | BY PATRICK TOM Many people in the macro small to medium business space still lack financial literacy skills thus it is important to undergo these training for growth and success. Professor Binta Abubakar of Oshoma Business Consultant said 85 per cent of the MSMEs are women doing business... more →
Posted in: Papua New Guinea

Media Release: BSP Reduces Equity on SME Credit Enhancement Scheme Loan

MEDIA RELEASE | WEDNESDAY 12th MAY, 2021 BSP PNG | Owners of Small to Medium Enterprises in Papua New Guinea can now access the National Government supported loan facility – SME Credit Enhancement Scheme Loan at the BSP Financial Group Limited (BSP) with a lower equity requirement and higher maximum loan amount effective immediately. BSP... more →
Posted in: Papua New Guinea
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