Business
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Kina Bank launches new online savings account
In another customer focused approach, Kina bank has launched an on-line savings account that will pay monthly interest of up…
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BSP Alotau focuses on financial literacy for local communities
Financial Literacy or Banking Education has become the focus of BSP Alotau Branch, giving people and customers a better understanding…
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Pruaitch pledge to recover losses from ‘PNG’s worst deal ever’: the UBS Loan
Former treasurer and member for Aitape-Lumi Patrick Pruaitch has indicated that he will work with Prime Minister James Marape to…
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New Zealand’s RSE scheme: struggling against COVID
by Charlotte Bedford At the start of July 2021, over 350 stakeholders in New Zealand’s Recognised Seasonal Employer (RSE) scheme…
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Power outage affecting businesses
Prime Minister James Marape says the continuous power outage throughout Papua New Guinea is due to aging infrastructure. His comments…
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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…
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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…
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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…
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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…
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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…
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