New Britain Palm Oil’s cattle operations in Ramu and Numundo in West New Britain, had generated K17.4 million in revenue last year. Chief executive Nick Thompson said cattle production looked promising this year. According to its report last year, the company produced 1,435 metric tons of beef, up from 1,304 the previous year. Their entire…
THE announced sale of Datec is subject to regulatory approvals but Steamships Trading Company Ltd is confident these can be secured, managing director Geoff Cundle said. Responding to questions by The National on why the company was putting up its information communication technology arm for sale, Cundle said the value of Datec would be enhanced…
A POSITIVE economic outlook typically raises demand for credit as corporations take on loans with the view that they will be able to capture a piece of the more sanguine future growth outlook or profits, says a report released by the ANZ Bank. It said the return they would earn on the funds would be…
Eleven Pacific Island nations have been invited to participate in an annual trade exhibition in Melbourne, Australia, later this year. Jeremy Grennell, from the Pacific Islands Trade and Invest (PT&I) said Pacific Island exporters should attend the trade exhibition as it was a cost effective sales and marketing platform. Grennell said the trade show, Fine…
World food prices rose in the first quarter of the year for the first time since their all-time high in August 2012, driven by rising demand in China, drought in the United States and unrest in Ukraine. The leapAccording to the World Bank, internationally traded food prices increased by a sharp 4.0 per cent. The…
A United Nation (UN) supported training program for women market vendors is making progress in Auki, Malaita province. The training is being staged at the Rarasu restaurant. The aims and objectives of the workshop are to ensure that public market areas are safe for all women vendors and free from discrimination.Since the start of the…
In my last column, I touched on access to banking services and the power of connectivity. In this article, I hope to demonstrate the power of our ANZ goMoney mobile phone banking technology in providing both access and connectivity to both urban and rural communities across the country. 75% of the population across the Pacific…
PEOPLE of Makira-Ulawa Province were told yesterday the European duty free banana market is opened to them to sell their banana products. British High Commissioner to Solomon Islands Dominic Meikel John told the people of this at the opening of the Banana festival at provincial capital Kirakira. Mr John was the quest of honour at…
The Kirakira township is buzzing with excitement as the Makira banana festival kicked off yesterday. Hundreds of people from far and near turned out in numbers to witness the grand occasion. The highlight of the event was the float parade from the western end of the township where Makira premier Thomas Weape meets with the…
DEAR EDITOR – As a student in my early year 11 at Selwyn College, I am writing to complain about my dissatisfaction with the leaders of this beautiful nation of ours. One trend I find particular appalling is that the government of this nation really don’t care about this lovely nation of ours. But why…