News
Singapore based Wilmar International ready to carry out detailed agribusiness feasibility study
The world's second largest Agribusiness, Wilmar International Limited is set to immediately start a detailed feasibility study on two Joint Ventures (JV) with the Government of Papua New Guinea (PNG) on commercial large-scale rice farming and chicken production.
PNG Government told to reduce cost of chicken as part of overall plan to reduce current high cost of living
The Wilmar CEO & Chairman, Mr. Khoon Hong Kuok says the price of Papua New Guinea’s chicken is three times the price of Chicken in Malaysia and other Asian Markets.
Date of official visit by 87-year-old Pope Francis to PNG is yet to be confirmed
The date of the visit by the head of the Roman Catholic Church to Papua New Guinea will be confirmed later this month.
Mining company charged for income tax evasion
The Internal Revenue Commission [IRC] has slapped a mining company with a K11. 79 million tax assessment fine for engaging in a tax avoidance scheme.
Stop & Shop Supermarkets rising from the ashes
One of the most affected businesses will reopen one of its four supermarkets which were looted and set on fire on black Wednesday in the nation’s capital.
PNG U19 national men’s and women’s cricket teams’ selection enters second phase
Cricket PNG’s selection process to finalise the Garamuts men’s under-19 team has entered its next phase with focus shifted to a 28-player train-on squad.
PNG and New Zealand to hold trade talks in April
The Minister for International Trade and Investment, Richard Maru and New Zealand Minister for Trade, Todd McClay have agreed for a small Papua New Guinea (PNG) delegation to visit New Zealand in the last week of April to hold high-level trade talks.
PNG to be a foundation member of the Vanilla World Association
Papua New Guinea, Madagascar and Comoros have agreed to establish a world association for vanilla-this culminated out of the Trade Ministers meet at the 13th Ministerial Conference of the World Trade Organisation in the United Arab Emirates.
ICCC starts second phase of nationwide price inspection
THE Independent Consumer and Competition Commission (ICCC) has started the second phase of the nationwide inspection on prices of goods sold at the wholesale and retail shops nationwide starting in the nation's capital.
National Parliament ratify Defense Cooperation Agreement with Indonesia after 10-year delay
The National Parliament has ratified a Defense Cooperation Agreement [DCA] with the Republic of Indonesia, after the last agreement ended a decade ago.