New Britain Palm Oil Limited reported a 70.4% gross profit decrease to US$81.6m in 2012.
News
PNG’s first privately-built hydro electricity power station has opened in Bulolo, Morobe Province.
Electronic submission of tax returns and assessments, and a simpler Papua New Guinea tax system are just two of the measures to be delivered under the Internal Revenue Commission’s (IRC) new 2013 to 2017 corporate plan, launched last month.
The Papua New Guinea branch of global consulting firm Deloitte Touche Tohmatsu is opening a branch in the Solomon Islands capital, Honiara.
PNG’s national elections questioned, PNG cricketers to play in Australia, Kimbe Bay on the adrenalin list and much more from around the world.
‘There is no more state-owned land left in Lae city,’ Morobe Province Administrator Kemasang Tomala told a World Vision meeting in Lae last week, according to The National.
The Papua New Guinea Government has revived the National Petroleum Company of PNG (NPCP).
Nautilus remains optimistic
National Petroleum Company gets acting MD and board
The revelation last week—via an HSBC report—that the Australian dollar is the most overvalued in the world makes you wonder about the PNG kina.