PNG Economics Bulletin

WAPENEMENDA SET TO ROLL OUT SME TRAINING FOR ECONOMIC EMPOWERMENT

The Wapenamanda District Development Authority in Enga  is embarking on a training program for Small to Medium Enterprises to help expand the local economy.

Registration for the SME training exercise is expected to start next week. This initiative is priority for local MP Miki Kieok  to position locals to be financially active.

This follows the National Government funding support of K5 million to boost SME as announced by the Prime Minister last month when he visited the district.

An office space is being facilitated  by   Wapenamanda Rural LLG President Hon.Misech Semai at the Wapenamanda RLLG Council Chambers.

SME training firm PNG NO.1 SME will facilitate the training program

Participants will be professionally guided into doing SME business with instant opening of personal and business bank accounts through the complete registration and certification processes to be automated on location.

Skills in business management and financial literacy will also be transmitted  to enable citizens to access business loan from designated financial institution such as the National Development Bank and the commercial banks.

Other basic business management and financial literacy skills will be transmitted.

The Wapenamanda District Development Authority will assist with an initial seed capital funding per individual to start up their SME.

 

*Photo shows Director of PNG No.1 SME LIMITED Mr.Dicky Lao (middle) with the Wapenamanda Rural LLG President Hon.Misech Semai (right) at the Wapenamanda RLLG Council Chamber Building earlier today.

Share this post

Leave Your Comment

Recent

Prime Minister Marape Engages ExxonMobil Leadership in Houston to Advance Key LNG Projects in Papua New Guinea
14 Jul

Prime Minister Marape Engages ExxonMobil Leadership in Houston to Advance Key LNG Projects in Papua New Guinea

Prime Minister Hon. James Marape has met with senior executives of ExxonMobil Corporation at the company’s global headquarters in Houston,

Prime Minister Marape Holds Productive High-Level Meetings in Washington, D.C., Focused on Trade, Investments, Security, and Fisheries Cooperation
14 Jul

Prime Minister Marape Holds Productive High-Level Meetings in Washington, D.C., Focused on Trade, Investments, Security, and Fisheries Cooperation

Prime Minister Hon. James Marape met with senior United States Government officials on Wednesday (9th July 2025), further strengthening strategic

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development
18 Mar

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development Port Moresby, 18 March 2025

Prime Minister Marape Engages ExxonMobil Leadership in Houston to Advance Key LNG Projects in Papua New Guinea
14 Jul

Prime Minister Marape Engages ExxonMobil Leadership in Houston to Advance Key LNG Projects in Papua New Guinea

Prime Minister Hon. James Marape has met with senior executives of ExxonMobil Corporation at the company’s global headquarters in Houston,

Prime Minister Marape Holds Productive High-Level Meetings in Washington, D.C., Focused on Trade, Investments, Security, and Fisheries Cooperation
14 Jul

Prime Minister Marape Holds Productive High-Level Meetings in Washington, D.C., Focused on Trade, Investments, Security, and Fisheries Cooperation

Prime Minister Hon. James Marape met with senior United States Government officials on Wednesday (9th July 2025), further strengthening strategic

Port of Kiunga Secures International Stamp of Approval, Enhancing Trade and Investment Opportunities
18 Sep

Port of Kiunga Secures International Stamp of Approval, Enhancing Trade and Investment Opportunities

Ok Tedi Mining Limited (OTML) was recently awarded the Statement of Compliance (SOC) for its Kiunga Port, marking a significant

Implementation Of The National Tuna Domestication Strategy (NTDS) Vital For PNG To Become a Major Tuna Processing Hub In The Asia-Pacific Region
18 Sep

Implementation Of The National Tuna Domestication Strategy (NTDS) Vital For PNG To Become a Major Tuna Processing Hub In The Asia-Pacific Region

Fisheries and Marine Resources Minister Jelta Wong has announced that the National Tuna Domestication Strategy (NTDS) will be officially launched