Prime Minister (PM) James Marape has commended the Member of Parliament (MP) for Moresby North-East, John Kaupa, for the progressive work on the 9 Mile Saivara Satellite Township project in Port Moresby city. The satellite township contains over 5, 000 allotments and once completed, land titles will be awarded to long-time residents of Nine Mile. The launching of this millstone project took place last week on Friday, November 29th. The project also holds a K300 million Level 4 hospital, which is a 3-year project; a K10 million police station that is completed; 20 houses to accommodate police personnel which is…
Author: Emmanuel MAIPE
The National Government’s proposal in its 2025 National Budget to reduce the Corporate Tax Rate has been well received by Kina Bank. This is because Kina Bank feels encouraged by the proposal to reduce the Corporate Tax Rate for commercial banks from 45% to 40% commencing 1st January 2025, and from 40% to 35% from 1st January 2026. Kina Bank Managing Director and Chief Executive Officer (CEO), Mr. Greg Pawson, while thanking the Government and Prime Minister James Marape regarding the proposed changes, said: “We are encouraged that the Government is working to revise the increased 45% tax rate that…
Families nationwide will soon pay less for thirteen (13) selected basic food items and products all thanks to the National Government’s exemption of Goods and Services Tax (GST) on these items, which includes rice, tinned fish and chicken. Prime Minister (PM) James Marape announced this, stating that this positive change will come into effect on the 1st of July 2025. Prime Minister Marape said this while detailing the Household Assistance Support Package Government is giving to Papua New Guinean families under the 2025 National Budget. He was speaking in the Moresby North-East electorate, National Capital District, on Friday 29th November…
People who have fled tribal conflicts in the highlands and now residing in Port Moresby city, have been warned to behave themselves or return back to their homes. That is the warning issued by Prime Minister James Marape when speaking at the recent opening of a new police station at 9 Mile. While commenting on Moresby North- East Member of Parliament (MP) John Kaupa for the initiative to build the new police station, he also strongly warned people who escaped from tribal fights and are coming into the city, to respect each other and live in harmony with the city…
The government has come good on its word to provide better support for the Royal Papua New Guinea Constabulary (RPNGC) with over K700 million allocated for the police budget in the 2025 National Budget. Treasurer Ian Ling Stucky when handing down the 2025 National Budget at the Press Lockup at Parliament House today, told the audience that funding the police better is key to addressing the many law and order issues faced in the country, where this year alone saw a lot more crimes committed from tribal fights to killings. “As a government, we observe very, very closely, we’re listening,…
The National Government today handed down a total K28 billion deficit budget for 2025 with a K10.3 billion Capital Investment Budget and a K1 billion cut in deficit. The 2025 National Budget is not a big increase from this year’s budget, just a K10 billion increase, 4.6%. The budget has been presented to parliament by the treasurer for debate. The theme of the 2025 National Budget is “Securing PNG in 2025 and Beyond,” which Treasurer Ian Ling Stucky says focuses on continuing the government’s plan to achieve a surplus budget by 2027. Listen in to the 5&6pm news on NAU…
The 2024 PNG Investment Week is all set to commence on the 6th of December in Sydney Australia, where the issue of Security and Development will be at the forefront of discussions. A high-powered panel will be discussing on the need for Papua New Guinea to improve Security and Development, to improve investor confidence. When providing an update on the 2024 PNG Investment Week, PNG CORE President Anthony Smaré said that because security was the top concern of any potential investor in PNG, it was important that a prominent session was dedicated to the issue on Day 1 of the…
A very controversial proposed law to amend the Constitution on the Motion of No Confidence Law got past the first vote in parliament despite being strongly opposed by the Opposition during the afternoon session yesterday. The proposed law to amend the Constitution was presented by the Minister for Justice and Attorney General, Pila Niningi for its Second Reading and the first required opportunity for debate and First Vote in parliament. The proposed law seeks to amend section 145 of the Constitution, so to make changes to the 18 months grace period to allow a government to operate right after a…
This news just in! The second motion of a Vote of No Confidence submitted by the Opposition this morning will not be placed on the parliament notice paper, meaning it will not be entertained by parliament. This was announced by Deputy Speaker of Parliament Koni Iguan, following the decision of the Private Business Committee after deliberating on the submission at 12:30pm in the office of the Speaker, stating constitutional implications. Meanwhile, the Opposition argued otherwise stating that the decision by the Committee was not informed well and yet another move to prevent another VONC on the prime minister. The Deputy…
The Opposition has lodged it’s second Vote of No Confidence (VONC), summiting the motion this morning to the office of the Speaker of Parliament at 9:40 am. In that submission paper, the Opposition listed Enga Governor Sir Peter Ipatas as the Opposition’s choice for alternative prime minister. Governor Sir Peter Ipatas in an official later from his office dated today, Wednesday 27th November 2024, acknowledged his nomination by the Opposition and confirmed his voluntary acceptance. “I take this nomination with the greatest honour and I thank the leaders for proposing and supporting me in this regard for the national interest,”…