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The acting Managing Director of Kumul Consolidated Holdings Ltd, Mr Parkop Kurua, today reiterated the company’s determination to restore lawful systems and processes and appropriate levels of accountability and transparency to the State Owned Enterprise system.
The Minister for State Enterprises, Mr Sasindran Muthuvel, today reassured the public that Air Niugini is taking all necessary steps to protect Papua New Guinea against the spread of coronavirus.
Kumul Consolidated Holdings Ltd has begun 2020 with further substantial progress on the reform of State Owned Enterprises, acting managing director Parkop Kurua said today.
Staff at Papua New Guinea’s State-Owned Enterprises have raised K551,364 ($162,000) for Australian bushfire relief.
Kumul Consolidated Holdings has now developed a well-articulated implementation strategy that will guide the reform agenda of State-owned enterprises.
The Ministry of State Enterprises is immediately moving into adopting measures to address the current financial situation being faced by State- Owned Enterprises (SOEs).