Temotuans urged to return

Temotu provincial government (TPG) is appealing to all indigenous Temotuans living in and around the country who have nothing to do to return home and work on their plantations. This came after a new company from USA would start buying copra around the province. Temotu provincial minister of commerce, trade & infrastructure Edwin Meibua said…

Communities acknowledged wharf construction

People in and around Ngasini in Marovo lagoon, Western province have thanked donor partners for funding the deteriorating Ngasini wharf in Vangunu Island. Construction work is currently making progress. The wharf is one of the four wharves and a landing ramp to be improved under the second phase of the domestic maritime support project, which…

Beef raking in millions

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…

Datec sale best option

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…

Credit demand

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…

Pacific 11 get invite

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 Bank alarmed as food prices rise

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…

Training for market vendors continues

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…