Business
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ANZ 2012 full year result
October 26, 2012
ANZ 2012 full year result
The ANZ Group announced yesterday a statutory profit after tax of 5.7 billion Australian Dollars and an underlying profit of…
Government approves funds for Credit Corporation
October 26, 2012
Government approves funds for Credit Corporation
The government has approved an initial sum of 30 million kina to establish a Credit Corporation. The corporation would be…
Opposition on supplementary budget report
October 26, 2012
Opposition on supplementary budget report
The opposition has raised concerns that the government did not report on the use of the K781.8 million allocated in…
World Bank urges Oil Produces to reduce Gas Flaring
October 26, 2012
World Bank urges Oil Produces to reduce Gas Flaring
LONDON: The World Bank-led Global Gas Flaring Reduction (GGFR) partnership today called on oil producers, both countries and companies, to…
Parliament intense over deep sea Mining
October 25, 2012
Parliament intense over deep sea Mining
The Sea Bed Mining issue came up again, this time during questions in Parliament yesterday. The questions centred on the…
Government raises questions over Hotel Casino in POM
October 25, 2012
Government raises questions over Hotel Casino in POM
The government has questions about the controversial Hotel Casino in Port Moresby. Areas like the total cost of the project…
Juffa Nautilus Minerals misled government
October 25, 2012
Juffa Nautilus Minerals misled government
Oro Governor Garry Juffa raised new allegations against Nautilus Minerals saying the company misled the government. He told the Parliament…
PNG crafts women soon to have international market-place
October 24, 2012
PNG crafts women soon to have international market-place
PNG women will soon have an international market-place to sell their crafts, sewings and paintings. Two determined women from YWCA…
Commercial banks to expect competition when BPNG opens Tap Facility
October 24, 2012
Commercial banks to expect competition when BPNG opens Tap Facility
The Central Bank of Papua New Guinea’s Tap Facility will be open this Thursday with the bank investing 200 million…
Court orders stop to accessing Exim bank loan to fund Madang PMIZ
October 24, 2012
Court orders stop to accessing Exim bank loan to fund Madang PMIZ
A land mark court order…. The National court in Madang has issued an order stopping the government from accessing a…