PNG Cocoa Board Hosts First Fundraiser For 2019

In July this year, cocoa enthusiasts will converge in Lae for the 2019 PNG Cocoa of Excellence Festival. Formal preparations for this event began recently, with the hosting of an official fundraiser in Lae, Morobe Province.In 2017, the inaugural PNG Cocoa of Excellence Show was staged in Kokopo, East New Britain. The event brought together cocoa producers, suppliers, exporters, and manufacturers together to celebrate cocoa, and also grade various cocoa samples from around the country.

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CTSL Announces Net Surplus after tax of K20.87 Million

Comrade Trustees Services Limited today announced their full year results of 2018, with its Chairman Moses Koiri outlining the overall performance of the fund, against a backdrop of challenging economic climate. As expected, 2018 results were down from previous years; however, prudent investment and management by the fund allowed for a positive result yet again.

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Parliamentary Bipartisan Committee on Bougainville Matters Conducts Public Hearing

This week, Heads of the Department of Personnel Management and National Coordinating Office of Bougainville Affairs (NCOBA) appeared before the Parliamentary Bi-Partisan Committee on Bougainville Matters. The hearing, the first following a recent visit to the Autonomous Region of Bougainville by members of this parliamentary committee.

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Nambawan Super Profit: Members Encouraged to Develop Savings Culture

Contributors to Nambawan Super have received a 3.7% interest on their contributions following the announcement of the fund’s 2018 performance. Chairman of Nambawan Super, Anthony Smare, when announcing the super fund’s Full Year Results, said despite the difficult economic climate in PNG, sound investment decisions had returned significant positive results – despite these results being much lower than previous years.

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Council of Public Sector Unions rejects PHA Medicare Plan

The Council of Public Sector Unions, COPSU, has rejected the recently announced Medicare Health Plan by Government – a plan, being promoted by PNG Health Assurance. It is instead calling on Government to involve the Public Employees Association and other unions in discussions to negotiate a better medicare and life insurance cover for public servants throughout Papua New Guinea.

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