Business
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Power outage affecting businesses
August 3, 2021
Power outage affecting businesses
Prime Minister James Marape says the continuous power outage throughout Papua New Guinea is due to aging infrastructure. His comments…
The path to kina convertibility in PNG: part three
August 3, 2021
The path to kina convertibility in PNG: part three
Martin Davis concludes his series on :the path to kina convertibility in this third article that makes recommendations for future…
The path to kina convertibility in PNG: part two
August 3, 2021
The path to kina convertibility in PNG: part two
by Martin Davies In the previous article, I highlighted Papua New Guinea’s (PNG’s) ongoing problem with a shortage of foreign…
PNG Ports makes K26 million advance taxation payment
August 2, 2021
PNG Ports makes K26 million advance taxation payment
State-Owned Enterprise PNG Ports has made an advance payment of over 26 million kina to the Internal Revenue Commission. The…
Locally produced coconut oil from East Sepik now selling at SnS outlets
August 2, 2021
Locally produced coconut oil from East Sepik now selling at SnS outlets
A project initiated by the late Grand Chief Sir Michael Somare has borne fruit with CPL Group now selling locally…
Zoom Agrees to Settle Lawsuit Over ‘Zoombombing’
August 2, 2021
Zoom Agrees to Settle Lawsuit Over ‘Zoombombing’
Zoom Video Communications, the videoconferencing company whose internet app became a mainstay of American life during the coronavirus pandemic, has…
IFC study shows companies lose 10 working days for each employee every year due to violence
July 30, 2021
IFC study shows companies lose 10 working days for each employee every year due to violence
New research shows family and sexual violence is costing employers in Papua New Guinea almost 10 days of work per…
Application Declined
July 29, 2021
Application Declined
In November 2020, Link PNG was approached by PNG Air who requested that Link PNG reapply to ICCC to purchase…
The proposed acquisition of Westpac likely to be declined by ICCC
July 27, 2021
The proposed acquisition of Westpac likely to be declined by ICCC
The Independent Consumer and Competition Commission has released its Draft Determination on the Authorisation Application by Kina Securities Limited for…
Tesla Reports a Big Jump in Profit
July 27, 2021
Tesla Reports a Big Jump in Profit
Tesla on Monday reported a big increase in profit for the three months ending in June because it sold more…