The National Airport Corporation (NAC) recently experienced attacks by criminals on its contractors working on two separate airports projects in the country, something that is being strongly condemned by authorities and the business community. Air Niugini is one organization that also strongly condemns such lawless actions against the NAC contractors working on building and improving airport facilities in the country. Air Niugini Chief Executive Officer (CEO), Mr. Gary Seddon said, “These cowardly attacks are an affront to the collective efforts aimed at enhancing Papua New Guinea’s air transport infrastructure.” Air Niugini stands in solidarity with the NAC and all stakeholders…
Author: Emmanuel MAIPE
Polling for the four national seats going for by election this year commenced over the weekend on Saturday 12th July as per the Papua New Guinea (PNG) Electoral Commission (EC) schedule; however, polling so far for one by election seat is being delayed. The by election polling being delayed here is for the Usino- Bundi seat in Madang province and it is due to certain issues being faced by provincial electoral office on ground. According to the Madang Provincial Election Manager Mr. Sponsa Navi, this delay was due to the access to election funds and security issues. However, he hopes…
The National Superannuation Fund (Nasfund) branch in Wewak, East Sepik province will now be operating out of a new location commencing tomorrow, Monday 14th July. Nasfund says its valued members, employers and the public can access the new office site located at the Tang Mow Plaza on level 3. This relocation marks the conclusion of Nasfund’s temporary arrangement with BSP Financial Group Limited, who kindly provided office space during this period. Nasfund’s Chief Executive Officer (CEO) Rajeev Sharma is grateful for this arrangement. “The Fund extends its sincere appreciation and acknowledgment to Mr. Mark Robinson, Chief Executive Officer of BSP…
Two separate attacks on contractors working on airport project sites in the country have prompted concern from the National Airport Corporation (NAC) after contractors were attacked and robbed by armed criminals. The NAC is deeply concerned about these recent violent attacks against its project personnel and property at Gurney and Hoskins Airports respectively. “These cowardly acts are a direct threat to national development, safety, and the lives of individuals dedicated to delivering vital infrastructure projects,” said the NAC. On the evening of Thursday, 10 July 2025, armed criminals ambushed NAC contractor’s personnel while they were transporting a paver machine to…
Ok Tedi Mining Limited (OTML) is now a step closer to purchasing the Misima Gold project in Milne Bay province after getting the clearance from the Independent Consumer and Competitions Commission (ICCC) to do so. OTML announced the granting of clearance from ICCC in relation to the purchase of the Misima Gold Project from Kingston Resources Limited (Kingston), marking the completion of all conditions required to fully complete the transaction. On 20 May 2025, Ok Tedi announced the purchase of the Misima Gold Project in PNG from Kingston for A$60M (~US$38M), with further contingent payments totaling up to A$35M (~US$22M).…
The new TISA Bank is expending its services across the country with the aim to open at least close to 20 new bank branches by 2026. TISA Bank Chief Executive Officer (CEO) Mr. Sunil Pokharel revealed this in an interview prior to the opening of the bank’s new Wewak branch in the East Sepik province on Monday 7th July. He said the opening of this branch marks that drive forward in providing the necessary banking service to customers and the over 80, 000 members of the Teachers Savings and Loans Society (TISA) across the country. “After Port Moresby, this is…
Since its launching as a commercial bank in 2024, the new TISA Bank is quickly expanding its operation across Papua New Guinea, covering and serving its customers in all four regions made possible through its already existing Teachers Savings and Loans Society branches, and today will be the latest to open in Wewak in the East Sepik province. The new TISA Bank branch is located at a much convenient place, which is in the center of town, a change from its old location which was further outside of town where it was literally a warehouse that the Teachers Savings and…
The new TISA Bank branch in Wewak, East Sepik province opened its door to customers this morning much to the excitement of public and its Savings and Loans Society members, most of whom are teachers. Opening the new TISA Bank branch was East Sepik Governor Allan Bird, who expressed great gratitude to TISA management and board for choosing his province for the new branch. Pointing to the increase in agriculture in East Sepik, he said the newly established commercial bank must take the opportunity to gain a foothold in promoting agriculture the province by tapping in the sector through engaging…
After having to endure rocket strikes from Iran, the Papua New Guinea (PNG) citizens along with diplomats who were in Israel have finally returned home safe and sound. The National Government announced the safe return of the group, including diplomatic personnel and pilgrims amidst the escalating conflict between Israel and Iran. PNG’s Ambassador to Israel, His Excellency (H.E.) Henry Mokono, along with his family and Embassy staff, arrived on the 29th and 30th of June respectively. Secretary for the Department of Foreign Affairs, Mr. Elias Wohengu welcomed them home. “Our nation stood united in prayer, not only for the safe…
The Minister for International Trade and Investment, Richard Maru fully endorses a proposed power project in the Southern Highlands province, saying it will support economic development, including the development of Special Economic Zones in the Highlands Region of Papua New Guinea (PNG). Minister Maru endorses the proposed 90MW Kaugel Hydropower Project as a transformational project of highest national priority. The proposed K2.5billion project will take 4 years to construct. “This is a transformational project. We have a very high demand for cheaper, clean, and reliable electricity in our country, not only for our people, but importantly to drive economic growth,”…