Category Archives: Business

Call To Improve Timber Value

THE Director of PNG Forest Institute in Lae, Dr Martin Golman, has called for institutions to work together to promote the downstream processing of timber and improve its value.

 

He made this call last Friday during a workshop by several partners from PNG and Australia to enhance value-added wood processing in the country.

 

“Collaborative support from every organisation can improve downstream processing of timber in the country. Only 20 per cent of timber is processed here while 80 per cent is exported and processed overseas so we must work together to increase that,” he said.

 

Dr Golman highlighted that processing of timber in the country promoted the Governments’  policy of downstream processing.

 

“Small-scale timber producers who produce 500 to 5,000 cubic meters of timber can treat process their timber before exporting,” he said.

 

Head of the Department of Forestry at University of Technology Dr Mex Peki said that downstream processing of timber could be improved through more research.

 

“By 2030, we want more than 80 per cent of our timber to be processed here in the country. This can be achieved through continuous support from institutions,” he said.

 

The workshop is was funded by the Australian Centre for International Agricultural Research, PNG Forest Research Institute, Unitech, PNG Timber and Forest Industry Training College and PNG Forest Industries Association.

via: The National [15/08/17]

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Corporation keen to train cadets

Corporation keen to train cadets

The Coffee Industry Corporation (CIC) is looking forward to train more students in tertiary institutions under its industrial and cadetship programmes.

 
CIC’s human resources officer Leks Paul said they have an ongoing programme to train graduates and current students in tertiary institutions studying agricultural-related courses through internships and cadetships.

 
“We have two programmes for developing graduates, the industrial or internship, and cadetship programmes,” Paul said.
“In cadetship programmes, we do hire graduates for two to three years employment.”
He said after the training, the graduates were brought into the corporation based on their performance.

 
Under industrial training, students were given hands-on experience out in the field during their breaks.

 
Paul said the industry assisted students do their research, reports and final-year projects as aprerequisite for their university studies.

 
“The industry is interested in encouraging graduate programmes to develop and train the next generation of human resources.”

 
Paul said the corporation took in graduates under the programme based on institutions producing agricultural graduates for their development. He said they
also took in students studying finance, management and administration courses under the programmes for non-agricultural institutions.

 
Paul was at the University of Technology career fair last Friday in Lae promoting the corporation’s programme in human resource development.
He said the programme was ongoing and as long as institutions produced graduates
that they would always take students in for training and development.

Training boost for apprentices

August 11, 2017    

PUMA Energy PNG Limited yesterday (10/08/17) saw 43 process operators at its Napanapa Refinery in Port Moresby signing tripartite apprenticeship indenture contracts with the National Apprenticeship and Trade Testing Board (NATTB).
In congratulating the apprentices, Puma Energy country general manager Jim Collins said the event was a special occasion as having 43 apprentices indicated the company’s commitment to developing its people and ensuring a quality and qualified workforce in PNG.
Collins thanked NATTB for working with them on the processes involved in the training scheme.
He added that though still in its infancy, the scheme would never have come to fruition had it not been for NATTB’s guidance.
Collins encouraged the apprentices to persevere through challenges and to be committed to their training and studies as it would be tough for them since the apprenticeship was aimedat only producing the best of the best. And he hoped that all apprentices would make it through to the end.
NATTB representative Arthur Geno thanked the Puma Energy management and requested that both parties continue their dialogue for more skills training.
He also encouraged apprentices to make good use of the opportunity for their betterment as it was an investment from all three parties involved. Among the apprentices was Marie Malaga, the only female participant.
Malaga was grateful to Puma Energy for giving her the opportunity to receive the training and said that this was a huge achievement for her.
Also echoing Malaga’s sentiments was apprentice Jack Simon who said the event was also a highlight in his career. Simon added that he would do his best in the training as it was an opportunity not to be missed.
The contract signing between Puma Energy, NATTB and the apprentices is a four-year contract which actually started in 2015.
The contract ensures that the apprentices will receive global standard training and attain a globally recognised certificate at the end of the programme in 2018.

Court dismisses Kramer’s review bid

By DEMAS TIEN
The Waigani National Court has dismissed an application by Frank Kramer to review a decision by Cabinet and Prime Minister Peter O’Neill’s to remove him as director and chairman of the board of Kumul Petroleum Holdings Limited (KPHL).
Justice Colin Makail (pictured) dismissed Kramer’s judicial review case as it would have been an abuse of the court’s process because the matter was for private law and not pubic law to deal with, he said.
Justice Makail upheld arguments raised by Twivey Lawyers, representing the National Executive Council and the State, that the appropriate mode of proceedings to challenge the dismissal was by way of a writ of summons or originating summons.
“In my view, to commence and proceed by way of judicial review is an abuse of process of the court,” Justice Makail said.
The court found that the decision to dismiss Kramer was appropriately made by O’Neill as a KPHL trustee as required by the Kumul Petroleum Holdings Limited Authorisation Act 2015.
The reason given by the trustee to dismiss Kramer on March 28 was that he failed to fill many vacancies in the board.
Kramer denied the allegation and said he took steps to have the vacancies filled.
In his review, Kramer questioned the involvement of NEC because he said under the Act NEC had no role to play in the dismissal of a director or chairman of KPHL.
He said the trustee breached the Act and acted beyond its powers when it sought the approval of the NEC to endorse its decision to dismiss him.
The NEC and O’Neill, through their lawyers, argued that the decision to dismiss Kramer was not reviewable because it was made by the shareholder of a company incorporated under the Companies Act 1997, being KPHL.
They said the dispute regarding Kramer’s dismissal was of a private nature where judicial review and reinstatement were not applicable.

 

http://www.thenational.com.pg/court-dismisses-kramers-review-bid/

Hosting an APEC Meeting is a very Effective way to Promote Tourism & Culture

*** Regional APEC Meetings to Deliver Real Benefits Around the Nation ***

Tourism will generate thousands of jobs in the coming years, and the hosting of APEC events in growing tourism hubs will make an important contribution to this growing sector.

The Prime Minister, Hon. Peter O’Neill CMG MP, was speaking with around two thousand PNC supporters in Kavieng when he assured them that their current local member’s threat to cancel the hosting of APEC next year is just hot air.

He said the election of Martin Aini as the PNC Candidate for Kavieng Open is the only way the district can advance with a dedicated elected leader who is committed to the interests of the district and the country.

“These claims by a single opposition member that he would cancel APEC cannot be taken seriously,” the Prime Minister said.

“I have already had to assure our APEC partner economies that he is just one opposition member from 111 in the Parliament, and has a record for making highly questionable statements just to get attention.

“If you ask almost any other member of the Parliament if they agree with Papua New Guinea hosting APEC in 2018, they would be supportive.

“The Kavieng Member’s threat to cancel APEC has also backfired because it would mean cancelling the APEC Tourism Minister’s meeting, part of which will take place in his district.

“The Member for Kavieng would take APEC away from his own electorate just political mischief.

“His four party members do not support him, and even the Opposition Leader is against such foolish tactics.

“Hosting an APEC meeting is a very effective way to promote tourism and culture in regional centres, as well as encourage skills transfer and local capacity development.”

The Prime Minister said people around the country are tired of candidates who are standing without any clear policies and who just want to run the country down.

“The only people who are knocking the economy are in the opposition.

“They have spent this whole campaign making false claims, talking the economy down, and never offering any real alternatives.

“The current Member for Kavieng has demonstrated that he is not in this election for his people, but for himself.

“That is another reason why the people of Kavieng need to elect an intelligent and balanced leader, and that is what you have in Martin Aini.

“Martin Aini is a leader who will work hard in his electorate and work in the interests of his people and the nation.”

The comments by the current Kavieng Member are at odds with his earlier statements where he embraced advancing national economic development through deepening engagements with APEC.

Prime Minister’s Office PNG June 1, 2017 at 5.41 pm

Chocolate brand supports farmers to boost quality

By ELIZABETH VUVU
QUEEN Emma Chocolate, a subsidiary of Paradise Foods Limited, is supporting local cocoa farmers to look after their plots to produce quality cocoa, a company official says.
The official, general manager Karina Makori, was speaking during the Air Niugini Cocoa Warwagira last week in Kokopo.
She said cocoa has been around for so many years and the company which was established in 2012 added value to the commodity.
“We have now a value-added product and are not just exporting but we can have something from our own cocoa on our shelves that visitors can buy and take back into their countries.”
Makori said PNG has the standard to meet cocoa quality and there was demand for chocolate.
“Paradise Foods’ Queen Emma has made chocolate affordable for people today,” she said.
“We have been making commercial bars since Feb last year at the chocolate factory in Port Moresby.”
The chocolate company is  proud to be working with farmers from Bougainville, their biggest supplier, as well the Lower Watut Cooperative Society in Morobe, the Tree Kangaroo Foundation in Madang and growers from Milne Bay. Last week she encouraged farmers in East New Britain to also become suppliers.
“Our social responsibility to the people is through downstream processing of cocoa as the livelihood of many farmers in rural area depends on cocoa.”

http://www.thenational.com.pg/chocolate-brand-supports-farmers-boost-quality/

O’Neill: While many Commodity-Exporting Countries have faced Similar Economic Decline, PNG has Been Able to Maintain Positive Growth

*** PM O’Neill Calls for Greater Intervention to Strengthen Papua New Guinea Industry ***

The Prime Minister Peter O’Neill has outlined a plan for greater government involvement in Papua New Guinea’s industrial development.

In a speech to the Australia Papua New Guinea Business Forum & Trade Expo in Port Moresby last week, O’Neill outlined how to broaden the industry base and move some industries up the value chain.

O’Neill told the forum that both PNG and Australia have experienced economic stresses because of adverse movements in commodity prices.

‘There is no doubt that the past few years have been challenging for both economies as we weather this,’ he said.

O’Neill claimed the PNG economy had performed well despite the downturn in commodity prices.

‘While many commodity-exporting countries have faced similar economic decline, PNG has been able to maintain positive growth. With the global economic downturn, we had to make some tough decisions.

‘Our economy is growing in a positive direction, inflation is manageable and our debt levels remain sustainable—it is well within the limits of 35 per cent of GDP.

In a positive signal to the resources industry, O’Neill added that the government will ‘deliver’ Total’s Papua LNG project, and the proposed Wafi-Golpu and Frieda River mines.

Value Chain

O’Neill said that the economic downturn contained some important lessons for the country. He outlined initiatives designed to move PNG up the value chain in select industries. One of those is fishing.

‘Our plan is to ensure that all the fish caught in Papua New Guinea is processed in Papua New Guinea. Or, at the very least, will be processed onshore.

‘I have instructed the National Fisheries Authority to cease the current practice of discounting the sale price of vessel leases.’ O’Neill claimed this could create 16,000 new jobs in regional centres.

Another industry O’Neill believes should be targeted is logging. ‘By 2020, there will be no more round log exports,’ he said. ‘We will work closely with companies already located in Papua New Guinea.’

O’Neill added that there is an opportunity to add value in the petrochemical industry.

Broadening the Base

O’Neill said there is also a need to broaden PNG’s economic base: ‘moving away from this boom and bust cycle’.

‘We must manage our economy so it can continue to resist such cycles. We can’t continue to rely heavily on the resources sector forever.’

O’Neill pointed to agriculture as a potential growth sector. ‘We have great potential with millions and millions of acres of fertile land. But we have never been able to utilize that well. Instead, we import food instead of growing it ourselves.’

O’Neill nominated rice, coffee and copra as export commodities with potential to grow. He said the challenge is to improve the supply chain by building infrastructure so the commodities ‘can make it to the markets, not only in Papua New Guinea alone.’

Tourism

Another sector offering potential is tourism, according to O’Neill. ‘We are one of the most diverse and spectacular countries on Planet Earth.’

He said the strategy is to work with the regional governments to create tourism hubs to ‘enable large scale tourism’, and also establish more air links.

The main target market is Chinese tourists. ‘There are more than 100 million Chinese people who visit countries all throughout the world. All we want is a small fraction of that market.’

 2017 via EMTV News Online May 18, 2017

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