Author: Administrator

However, the Government has been short in the cash department thus considering listing the State Owned Enterprise on the Port Moresby Stock Exchange. The Government under Prime Minister Peter O’Neil has indicated of the possibility of listing the national carrier, Air Niugini, on the Port Moresby stock exchange. The main reason behind this move is to raise more capital to purchase two more dreamliners. The travel from and to Papua New Guinea has risen to over 2 million people in the last year which has prompted the Government to consider purchasing two more dreamliners. However, the Government has been short…

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One of the major problems in Port Moresby is the lack of a reliable, safe and comfortable public transport system. The current situation is that unless you have your own vehicle or can hire a car you have very little choice but to use Public Motor Vehicles (PMV) or Taxis.  Not all these two forms of public transport are bad but both of them have a rather negative reputation. The negative reputation is that they lack basic cleanliness, the drivers do not complete their designated routes, there is potential to overcharge and under deliver and in some cases the vehicles…

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Some potential homeowners have bought customary land without any problems but it is important to understand the risks associated with it. As citizens find it more difficult to purchase a home due to exorbitant prices of real estate in Port Moresby, some potential home owners are now looking to purchasing customary land to build their houses. Land in Papua New Guinea is divided into Alienated Land and Unalienated Land.  Alienated land is State owned and ownership is normally by issuance of a 99 year lease. Alienated land makes up less than 10% of all land in Papua New Guinea. Unalienated…

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Small to Medium size enterprises is a vital part of a growing economy.  And the help of corporate partners is supporting these enterprises is essential.  Last year, Bank South Pacific in partnership with Super Value Stoa kick started an unique program aimed at realising the potential of small to medium size enterprises.  Below is the story we published here on Skerah and we hope more of these kind of stories are published this year. …… Two Motuans are proud recipients of new Supa V Stoa’s thanks to Super Values Stores. Supa V Stoa containers are general merchandise goods at this…

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From Touaguba Hill to the Central business district colourful lights are scattered around to brighten up the city. Port Moresby’s Fairfax Harbour is an attraction in itself. Whether you’re looking out from the harbour to see the nearby islands or beyond to see the sunset on the horizon it is indeed a wonderful sight. If you’re out at sea and looking towards the main wharf that too is a magnificent sight with building of different heights and shape scatter the waterfront.  There is still space for more development and one wonders what it will look like once al the vacant…

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Most small businesses tend to overlook insurance because they do not have the finance or simply are ignorant of it. As another year commences, most businesses will be getting back into the swing of things to continue its operations. Like many organisations, business owners will be looking at the year ahead and planning its operations.  One factor that no doubt will be in the minds of business owners is insurance. Most small businesses tend to overlook insurance because they do not have the finance or simply are ignorant of it. But when a disaster happens within the business and they…

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