Tension will affect investment: Barker

Port Moresby (The National) – AN economist says disruptions to business operations by public protests may incur additional costs to business operators. Institute of National Affairs executive director Paul Barker told The National last week following tension in Port Moresby last week saying the situation would have some impact on investment confidence as well.  Commenting…

Fijian PM promises help for affected businesses

SUVA, (FIJI TIMES) – The Fijian Government is working on ways to assist people who already received Micro and Small Business Grants (MSBG), but suffered damage in the aftermath of Severe Tropical Cyclone Winston. Prime Minister Voreqe Bainimarama made this announcement at the MSBG disbursements at the Valelevu grounds in Nasinu. “This includes recipients on…

Inquiries to begin, UPNG bid dismissed

PORT MORESBY, (POST COURIER) – The Papua New Guinea Government’s immediate task is to salvage the 2016 academic year at State-run universities which have been hit by protests and boycott of classes by students for more than one month, Chief Secretary Isaac Lupari said Wednesday. Lupari warned that if the protesting students did not adhere…

MSG too politicised: Ambassador Joy

PORT VILA, (VANUATU DAILY POST) – The Vanuatu Ambassador to Brussels, Roy Mickey Joy, says the Melanesian Spearhead Group (MSG) is too politicised, has lost its Melanesian integrity and what it stood for. Ambassador Roy made the statement to Daily Post when asked if he was still interested in the possibility of becoming the next…

Helping market vendors get back on their feet

SUVA,  (FAO/UN WOMEN) – Around 1,000 women market vendors – farmers who were adversely affected by Tropical Cyclone Winston have received agriculture supplies that will help in their efforts to replant their crops. The produce will eventually be sold to market. For market vendor-farmer Adi Menani Tabua from Naqoro Village the supplies could not have…

ADB supports fiscal resilience growth in Tonga

NUKU’ALOFA, TONGA  – The Asian Development Bank (ADB) has approved a $3 million grant and a $3 million loan to help Tonga strengthen its long-term economic growth prospects and capacity to respond to external economic shocks. “The grant and loan will fund the first of three subprograms of the ADB-supported Building Macroeconomic Resilience Program for…

MSG members told to cooperate

PORT MORESBY, (POST COURIER) – Melanesian Spearhead Group (MSG) members have been urged to  cooperate with each other on issues pertaining to trade and economic integration. The call was made by Papua New Guinea’s Trade Commerce and Industry Minister Richard Maru at the recently concluded MSG Trade Ministers’ meeting in Port Vila, Vanuatu. Maru was…

Bank launches mobile catering solution

Port Moresby (The National) – THE National Development Bank Investment has launched its The Mealz on Wheelz, a mobile catering solution for operators of small catering businesses. Bank chairman Moses Liu said it would provide access for micro and small businesses to their market. He said NDBI introduced last year the Stret Pasin Store Scheme…