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Currently, worldwide certifiers are out there in from countries like Australia, making the process both costly and logistically challenging for PNG agribusinesses. This initiative seeks to handle this issue head-on by equipping native professionals with the necessary expertise and skills. Australian High Commission Economics Counsellor Nic Jonsson stated this training initiative is a concrete step beneath the PNG-Australia Partnership to enhance livelihoods in PNG’s agricultural sector. “Once this coaching is complete, PNG farmers will have on-the-ground access to internationally certified organic meals inspectors. This means it’ll make it simpler for PNG produce to compete in valuable abroad natural markets like Australia,” Mr. Jonsson mentioned. He mentioned the inspectors will conclude their initial 14-day coaching on August 23 earlier than returning to PNG.

Business News

Mortgage brokers are baulking at the suggestion they present shoppers with a number of offers from lenders. House costs have softened in most suburbs around the country but there are notable exceptions. China-based Home Joy Socks Bangladesh Company Limited signed an agreement with Bangladesh Export Processing Zones Authority lately to set up a sock and garment manufacturing manufacturing unit in Bepza Economic Zone with an investment of $50 million. BKash, the main mobile monetary service supplier in Bangladesh, has joined arms Business News with Grameenphone and City Bank to make 4G and 5G enabled smartphones more reasonably priced for his or her clients. The Foreign Investors’ Chamber of Commerce and Industry urged the National Board of Revenue to take steps to totally digitalise its operations and enhance automation techniques to optimise income technology. Bangladesh Bank Governor Ahsan H Mansur has reassured that the central bank will present liquidity support to assist struggling banks, which is a constructive step.