SME

Maru hopes SME Bill will be ready for House

Maru said both legislations are awaiting National Executive Council approval which he says he has spoken to Prime Minister, Peter O’Neill, about to make it an agenda.

The Minister responded to Mendi MP, Dei Kewanu, who enquired on the status of the legislations.

“I’m happy to inform this Parliament that both legislations are now awaiting NEC approval.

Local company helping youths in Morobe Province

TRocks Construction Ltd owner Berldon Timah said the company was in operation for just only four months.

He said the purpose of setting up the small scale mining is to help the youths in the area participate in the workforce in their own area.

Timah said so far the company employed 48 workers who are on day and night shifts.

He added that the Government must look into helping such Small and Medium Enterprises and support the youths in the rural area.

IFC holds workshop on SME best practices

The workshop is part of an effort by the IFC and the PNG Government to develop and foster sustainable growth of the country’s SME sector.

International experts will share with SME’s and stakeholders their experiences in assisting SME communities and examples that the Government can explore more and adopt to boost SME growth.

The IFC is a member of the World Bank Group and is the largest global development institution focused on the private sector in emerging markets.

 

 

Reserved business a contentious issue

Acting Managing Director for the Small to Medium Enterprise Corporation (SMEC), Steven Maken, made this known in his presentation at the Consultative Implementation & Monitoring Council National Development Forum today.

Maken presented ‘Experiences on implementation of the SME Policy & Master Plan’ which he highlighted legislations considered by the SMEC to be implemented, and the very contentious one of reserved businesses.

“It will not come easy, some people have enjoyed certain things for too long, it will come down with some fight,” said Maken.

Businessman acknowledges Ramu NiCo presence

Edward Kiza, who owns Tamane Guest House in Madang town, said people in rural areas of Kurumbukari and Usino-Bundi, who  were  disadvantaged are now noticing some changes in their living standard since Ramu NiCo had set foot in the district. 
This is a result of vital infrastructure development to the area. These infrastructure developments in forms of new road up to Kurumbukari plateau and a bridge across the Ramu river had greatly facilitated changes.

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Maru sees 450,000 businesses in 15 years time

Maru revealed this on the occasion of the launching of Gumine district K2.6 million economic growth stimulus package at the invitation of the Member for Gumine and Education Minister Nick Kuman recently.

The objective of the economic stimulus package is to promote micro businesses at the district level that would eventually venture into formal Small Business Enterprise (SME) sector.

One such project that is already being identified with results is the production bulb-onion in the district.

Sawmill operator supports govt’s SME policy

That is the view of a community leader, Ben Sawe from the Buiyebi area of Imbonggu district, Southern Highlands Province.

Sawe said the Government’s SME policy is an excellent initiative, not only to be concentrated in big cities, town and urban areas, but also pursued in the districts and local communities.

He suggested that the way to make the policy work is to create practical opportunities for the rural and ordinary grassroots majority who live in the outlying zones of the country.

Gulf woman charged for misappropriation

Head of the RPNGC’s Crimes Directorate, Acting Assistant Commissioner Victor Isouve was responding yesterday in the wake of investigations into allegations of massive theft and embezzlement within the Gulf Provincial Government.

Acting ACP Isouve issued this statement after a woman accused of misappropriating K30,000 belonging to the Gulf Provincial Government was arrested and charged on Tuesday March 15, 2016 with one count of Misappropriation under Section 383A of the Criminal Code Act.

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Basil sees 2016 as year to tackle Govt

http://www.looppng.com/content/basil-sees-2016-year-tackle-govt

Deputy Opposition Leader Sam Basil says he is set to keep the government on its toes for all its actions and inactions, starting next year.

 

NCD and Central police launch festive operations

Mothers sweat to keep family going

She moved to Kimbe 15 years ago when her husband, a local pastor with the AOG church, moved to the West New Britain capital.

They have 9 children, of which 4 are females and 5 males. Out of the 9 children 4 have married and are living with their families.

Life looking after their children and taking care of them is a challenge.

To make ends meet, she has to toil daily at the market in the hot sun or sometimes rainy weather.