PNG Entrepreneur Magazine

29/08/2025

10 LIABILITIES YOU SHOULD AVOID AT ALL COST

💡 Wealth isn’t only about what you earn, it also about what you don’t lose.
Many people hustle hard but still remain broke not because they don’t make money, but because they don’t guard it.

Here are 10 silent wealth killers you must avoid:

1. A Car You Can’t Afford to Maintain 🚗
High fuel, insurance, and endless repairs can eat your profits faster than you make them. Drive what you can afford until you can upgrade without stress.

2. Rent Beyond Your Means 🏠
If more than 30% of your monthly income goes to rent, you’re renting yourself into poverty.
Live small now so you can live big tomorrow.

3. A Business That Only Takes, Never Gives 📉
If your business keeps draining money without showing any sign of future returns, it’s not an “investment”—it’s a financial disaster.

4. Friends Who Only Cost You Money 💸
If every hangout is a spending spree, your wallet will keep bleeding.
True friends don’t pressure you into poverty.

5. Daily Expensive Food 🍔☕
Small daily indulgences add up to thousands yearly.
If you’re not already rich, cook smart and save big.

6. Party & Lifestyle Debts 🎉
Borrowing to “keep up appearances” is a direct ticket to bankruptcy.
Stop impressing people who don’t pay your bills.

7. Gambling as ‘Investment’ 🎲
Betting isn’t a wealth plan, it a trap and betting companies don’t sell products. You are the product.

8. Multiple Phones & Gadgets 📱💻
Technology depreciates fast.
Don’t buy what doesn’t make you money.....
Upgrade only when necessary.

9. Poor Health Habits 🏥
Ignoring your health today becomes an expensive liability tomorrow.
Prevention is cheaper than cure.

10. Lack of Financial Discipline 💰
The biggest liability is not knowing how to manage money but no income can save you if your spending has no control.

🔥 Remember: Money is not only about earning,it about protecting, Cut off these liabilities and you will create room for wealth to grow. 💯

Follow for more 👉

Money make up repost

25/08/2025

15/08/2025

JS MK 9’s 2025 WRAPS UP WITH RECORD PRIZE POOL AND COMMUNITY SPIRIT

By JOEL K ANDREW

Baruni, NCD — The JS Coffee Motu Koota 9’s 2025 rugby tournament has concluded with a historic milestone, awarding a record K24,000 prize pool, the largest ever in Motu Koita sporting history in its inaugural edition on Thursday.

The week-long competition drew 18 teams, hundreds of supporters, and strong community backing, further cementing its status as a premier fixture on the local sporting calendar.

Tournament Director and sponsor, speaking on behalf of JS Coffee Beans Ltd, thanked the officials, security personnel, referees, linesmen, and volunteers for making the event possible. “Words cannot fully express how proud I am of the amazing team that managed and ran this tournament,” he said.

Special praise went to Tournament President Ginate Maraga and Organiser Jay Kelson for their leadership, as well as to Jimmy Naime, Maru Kilina, and MC Maraga Sebea for keeping the atmosphere lively throughout the week.

All 18 participating teams were commended for their commitment, discipline, and sportsmanship.

Sponsors who made the record prize pool possible included:

○JS Coffee Beans Ltd

○JS Commodity Exports Ltd

○JS Coffee Café

○Teka’Ute Restaurant & Bar

Livestock Development Corporation (LDC), with Finance Manager Otto Wangillen personally contributing K5,000.

Winners and Awards:
○Cup Winners: Fega Brothers – K10,000 -Runners-up: Marabata Minimas – K2,000
○Plate Winners: Idubada Eels – K6,000 -Runners-up: Hetura Roosters – K1,000
○Bowl Winners: Swanchillies Warriors – K4,000 -Runners-up: Baruni Dunas – K500
○Player of the Tournament: Karava Mafu – K500
○Man of the Match: Winston Winnie – K500

Organisers also thanked Rigo Rice Cup CEO McSteve Polly for attending and encouraging the players, as well as the media team led by Joel Kuta Andrew for their professional news coverage.

The Baruni community was recognised for its hospitality and unwavering support, which helped ensure the tournament’s success both on and off the field.

The next JS MK 9’s tournament will be staged after Papua New Guinea’s 50th Independence celebrations. “Until then, stay safe and continue to support local talent,” organisers said.

19/05/2025

18/04/2025

Dr Peter Maima becomes first male PhD graduate from FNU College of Business, Hospitality and Tourism Studies

It was a proud but bittersweet moment for Dr Peter Maima from Papua New Guinea, as he has just become the first male to graduate with a Doctor of Phil

04/04/2025

Enhanced farming techniques and international exposure led rural Papua New Guinean vanilla farmers to a lucrative export deal. Their success highlights the p...

04/03/2025

Repost

Acting Rich is how you Go Broke and Acting Broke is how you Become Rich

03/02/2025

| The reopening of Fiji’s High Commission in PNG, presents a significant opportunity to enhance economic cooperation, strengthen business partnerships and explore new market potential for between the two countries.

To capitalize on this, Investment Fiji plans to host a Fiji – PNG Business Mission in March 2025 which will be targeted towards promoting and opportunities in .

Fiji and Papua New Guinea share a deep history as the two nations are committed to working together to strengthen their bilateral economic relation.

Fiji businesses can express their interest via this registration link: https://bit.ly/40FEDZf

Deadline: Friday, 14th February 2025
Time: 4:00 PM

For further clarification, please contact Ms. Sheetal Shivangni on 3315988 or email [email protected]