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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Japan’s business mood hits two-year low as trade war stings

TOKYO (Reuters) – Japanese business confidence worsened to a two-year low in the March quarter, a central bank survey showed, underscoring concerns that Sino-U.S. trade tensions and softening global demand were taking a toll on the export-reliant economy.
The damage was most pronounced among big manufacturers, where sentiment soured at the fastest pace in more than six years, stoking fears that uncertainty over the global outlook could discourage companies from spending on wages and expenditure.

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