Business

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ANZ 2012 full year result

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

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

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

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…
World Bank: Developing countries improves in Busness regulations

World Bank: Developing countries improves in Busness regulations

Washington, D.C —Local entrepreneurs in developing countries are finding it easier to do business than at any time in the…
Luship staff's back to work with new Management

Luship staff's back to work with new Management

The Captain and crew members of Lutheran Shipping vessels – Gejamsao and Mamose – have revealed how they’ve been putting…
Parliament intense over deep sea Mining

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

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

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…
Commercial banks to expect competition when BPNG opens Tap Facility

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…
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