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ICCC to review Prices of Rice in PNG

The PNG  Independent Consumer and Competition Commission (ICCC) is in the process of conducting a review of the prices of rice in the country. ICCC Commissioner Paulus Ain in an interview with NBC News says rice products are the main food that most Papua New Guineans consume daily. However, Mr. Ain says the commission is only monitoring the prices of rice and not controlling it. The 2022 Rice Industry Pricing Review outlined that the price increases were driven by costs increases in international shipping, blending, the need to source from higher priced markets to avoid shipping delays and congestion, and higher ports and wharfing costs. However, Mr. Ain explains that rice product is experiencing some stability, and he says the country should expect stability or a decline in the prices by the end of this year or early next year. Meantime, NBC News observed some major shops in Port Moresby are selling popular rice brands at K30 to K40 for 10kg bags of rice.     NBC News / PNG Today Next...

Changing From Crypto to Cash - Is That Possible?

Crypto is a digital currency, which means it exists only in digital form. It’s not controlled by a government or central bank, but rather by the people who use it. You may have heard about Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). All of these are cryptocurrencies. Cryptocurrencies aren’t just for buying stuff online, you can trade them on exchanges and make money off their price fluctuations. But if you want to cash out your cryptocurrency holdings without losing money on fees, converting them back into fiat currency can be difficult and expensive. You can buy new cryptos too. These can be your investments in Polkadots, Solana, etc. You can simply look for how to buy Solana or learn about crypto by doing your research.   The Secret of Making Money out of Crypto One of the most common questions, especially for beginners, is how to convert crypto to cash. The good news is that there are many ways to do this and they work pretty well. However, the best way depends on your goals ...