Government to open Wutung-Skouw Border Post

Vice Minister for Inter Government Relations Joe Sungi revealed this at the 33rd Joint Border Committee between the PNG and Indonesia recently in Port Moresby.

Sungi told the delegation that the opening cannot be prolonged or deferred as it is one of the most significant investment that the two countries have chosen since the beginning of their diplomatic relations.

Brazil thrashes PNG 9-0

Brazil scored through Duda, Gabi Nunes, Brena, Yasmim, Katrine and Geyse.

The home team played hard in front of a sold out crowd of 12,547 supporters but lacked attack as the Brazilians took charge in the first five minutes, scoring their first goal 1-0 through Duda.

Five minutes later, Gabi Nunes found the net, scoring the visitors' second goal 2-0.

The Brazilians were on fire and wasted no time scoring their third goal through Brena 3-0 in the 17th minute.

A penalty against PNG's Margaret Joseph for tripping Brena gave Brazil a free kick.

PNG receives big welcome

This is the second match of Day One at the Sir John Guise Stadium.

The team was welcomed with a contemporary dance and fireworks display.

Prime Minister Peter O'Neill is also present to watch the match along with Sports Minister Justin Tkatchenko and FIFA Oceania and PNGFA president David Chung.

The home side, in red coloured jersey, is led by Captain Yvonne Gabong.

The visitors, in yellow and blue uniform, will be out in full force.

As a normal practice, the team captains did the handshake for peace before the match kicked off.

Final countdown to FIFA U20 Women’s World Cup kick-off

Four matches will be played today at two separate venues.

Pool A matches will be played at the Sir John Guise (SJG) stadium and Pool B matches will be played at Bava Park.

The first two matches will kick off at 4pm.

Sweden and Korea DPR will take the field after the opening ceremony at the SJG stadium in front of an expected sellout crowd.

Sweden will be banking on key players Stina Blackstenius, Nathalie Bjorn and Tove Almqvist. Korea DPR has key players Ri Un Sim and Ri Kyong Hyang to help them through to victory.

K60 million spent to prepare for FIFA U20 games

This was revealed by Minister for Sports, APEC and National Events, Justin Tkatchenko, during a media briefing today.

Tkatchenko said half of the component came from remaining funds from the XV Pacific Games while the National Government put up the remaining balance.

 “The savings from the Pacific Games helped fund a lot of the infrastructure development.”

He further said “we also had a budget of close to over K30 million so that we get the facilities ready on time.”

Exploration continues despite trying market

However, Gold Mountain Limited is one which is strategically operating against this bleak backdrop and is experiencing encouraging results.

In an interview with Business Advantage PNG, Gold Mountain managing director, Tony Teng, says market conditions have made operations ‘incredibly challenging’.

“One of the biggest challenges for a small company like Gold Mountain is raising capital for mining projects, especially during the exploration phase,” he says.

Barras need 213 to win

The visitors won the toss this morning and elected to bat first. Opener, Stephan Baard, set the tone with his 51 runs early on in the innings.

But Baard continued to run out of partners as the top order crumbled.

Baard was himself bowled out in the 20th over by Mahuru Dai.

It was middle order batsman, Nicolaas Scholtz, who top scored with an unbeaten 61 runs.

For the Barras, Willie Gavera (3/39) and Norman Vanua (3/38) were good with the ball. Namibia was all bowled out in the last ball of the last over. 

PNG should tap into cold chain development, advises OBG

According to Oxford Business Group CEO, Andrew Jeffreys, PNG could be a leading exporter with modern cold chain infrastructure developed.

“With refrigeration, packaging, processing in place, PNG could become a major exporter of seafood, spices and fruits to the rest of the fast-growing Asian region,” said Jeffreys.

He stated that PNG cannot compete with Asian manufacturing power houses such as China, Vietnam and Thailand.

Projects to bring in billions

The figure was revealed during the launching of the ‘The Report: Papua New Guinea 2016’ by the Oxford Business Group (OBG).

OBG Chief Executive Officer, Andrew Jeffreys, says PNG has a relatively easy task of differentiating itself as a destination of choice for energy majors and commodity investors, given irs unique hydrcarbomn and mining potential.

He said delivery of large scale projects creates an enormous buzz in international media and tends to attract smaller investors.

Kava produced from Madang ‘koniak’ is loved in Fiji

This was pointed out recently by sales representative from a kava processing company from Fiji called Niugini Kava whose popular market brand Kava Toks was showcased recently at the Madang Investment Summit.

 The company set up a stall at the Sugeng Aben Park near Madang Resort Hotel where it showcased products made from kava that originated from along the NCR in Madang.

An agent for Niugini Kava had been buying kava roots from smallholder farmers along the NCR and later shipping it overseas for processing and marketing.