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PNG Needs more Competition in the Energy Sector : ICCC

The Papua New Guinea Independent Consumer and Competition Commission (ICCC) says policy intervention in any business sector in the country will not work out if there is no competition in the market. ICCC Commissioner, Paulus Ain says Energy Sector has great potential to become a significant catalyst for a better economy. However, he says the sector needs more competition in the market to boost the economy. The country is currently facing a fuel shortage with Puma Energy’s monopoly over the fuel market due to a lack of access to foreign exchange. In an exclusive interview with NBC News, the ICCC Commissioner, Paulus Ain highlighted the low outcome of the policy decision by the government seemed to be not working. However, he says the energy sector has great potential to attract new investors into the market if there is competition. The ICCC’s role in regulating the energy sector has now changed and the role was taken over by the National Energy Authority. Mr. Ain says the energy potenti

Banks Don't Hate Bitcoin Because They Funded It – CHAPTER[1.10]

We all know that power in this world reside in the hands of the wealthiest of the society and by that I mean the banking elite who are the biggest tricksters on earth. Bitcoin is marketed using the deceptive tactic that bitcoin means death to centralized banking system or death to the Rothschild and Rockefeller family . Really? 1.12 1.11 1.10 1.9 1.8 1.7 1.6 1.5 1.4 1.3 1.2 1.1 1 Imagine that you ( Banks ) know that your enemy ( Bitcoin ) is coming towards your home ( FED ) with a burning torch in his hand to set it on fire, yet you are welcoming ( Silently marketing bitcoin ) him with open arms. Either you are insane or you already know that, the one holding the torch is in fact on your payroll to just fool the world. When a monster is bitten on its legs and it does not even reacts, know that the monster was bitten as per its will . Imagine a currency which is a threat to Bankers is openly p