The National Energy Authority (NEA) of Papua New Guinea (PNG) is now able to resolve conflicts or issues brought about by its stakeholders regarding matters relating to the country’s energy and electricity sector, through its newly launched Appeals Panel. The NEA also launched its Appeals Panel Guideline and Board Charter for Good Governance yesterday in Port Moresby city, along with the induction of the panel members, which includes the inaugural Chairman of the NEA Appeals Panel Mr. James Gore, who represents the Certified Practicing Accountants (CPA) of PNG. “The primary purpose of the NEA Appeals Panel is to ensure a…
Author: Emmanuel MAIPE
The Teachers Saving and Loans Society (TISA) Limited has turned a new chapter in its long story, transitioning into the commercial banking sector, and its only fitting that TISA pays tribute to its long serving members who have taken this financial institution to this stage. Well, TISA did just that by recognising over 130 staff with long service awards recently on Friday 11th October 2024. The longest serving staff, Dorothy Bega, clocked in almost 40 years of service, serving in various roles within the organisation. Mrs. Bega, reflected on her journey, and proudly added, that TISA has always served the…
Papua New Guinea (PNG) will participate in the perhaps the biggest world expo in Osaka Japan next year, and the word is, there will be an extra space apart from the allocated Pacific Pavilion, for the PNG team to better showcase the country to the rest of the world. The Minister for International Trade and Investment, Richard Maru confirmed this in a press conference this morning in Port Moresby city, when stating that PNG will not only have a pavilion at a shared pavilion at the World Expo in Osaka, because the National Government has made a very important decision…
Over 300 Kids from the South Bridges International School in Port Moresby city launched and celebrate Global Handwashing Day with the Colgate- Palmolive (PNG) Limited team this morning along with the rest of the schools in the country. The school’s Principal, Mr. Noel Bolvar, reminded his students that having clean hands play an important role in personal hygiene and as such, washing hands after using the toilet, coughing or sneezing, before touching or preparing food, and after touching animals, is important. He thanked Colgate- Palmolive for the initiative and for coming out to the school for this significant day. “We…
Ten young staff members of the Internal Revenue Commission (IRC) of Papua New Guinea are now in a better position to perform vital data analysis work that is crucial in the operation of the country’s tax organisation. These ten participants graduated from IRC’s Data Analytics Graduate Development Program (GDP) yesterday, Friday 11th October after going through the training that was facilitated by the Tax Intelligence Division of IRC under the leadership of Mr. Hiyemute Wayne, who is the IRC Acting Assistant Commissioner. The program itself aims to develop a new generation of professionals capable of leveraging data insights to enhance…
The new TISA Bank, following the launching of its new logo last week, is now set to open its first branch very soon in Port Moresby city, marking a new chapter for TISA. TISA Bank Limited Chief Executive Officer (CEO), Mr. Sunit Pakharel confirmed that the first TISA Bank branch at Waigani will open to the public on Monday 21st October 2024. This upcoming opening of the first bank branch and recent launching of its new logo marks a new chapter in the story of TISA (Teachers Savings and Loans Society Limited), which initially started off as a savings and…
The PNG Komaras come out victorious in the recent International Touch Rugby Tournament held in Paris, France just recently, putting the country on the world stage in Touch Footy. In the Finals of the Touch Rugby Centennial Edition Tournament of 100 Teams, The TotalEnergies PNG Corporate Touch Rugby team, the Mighty PNG Komaras, were crowned champions. Having defeated 99 other representative Affiliate teams from across Asia-Pacific, the Middle East, Africa, Americas and Europe, the PNG Komaras secured their victory in their final game against the Geneva Jets on the second day of the two-day tournament on October 5th. Proudly playing…
The Ok Tedi Mining Limited (OTML) is celebrating its 40 years in Papua New Guinea (PNG) in which the mine contributed over billions of kinas in dividend, royalties, tax, tax credit schemes, and compensation payments in its four decades of operations. Starting in August 1984 as a gold mining operation by Broken Hill Property Limited (BHP), OTML transitioned to a copper-gold mine in 1987. From 2015 to present, OTML is a fully 100% PNG owned mine. OTML’s journey is characterized by both challenges and triumphs. Throughout its history, OTML has demonstrated resilience in the face of adversity. These include: ·…
The recent International Monitory Fund (IMF) preliminary agreement for a loan to Papua New Guinea (PNG), has got the Opposition up in arms against what it says is another additional debt burden on a country that already has an increased debt level. The Deputy Opposition Leader and MP for Chuave, James Nomane, released a statement in response to this, stating that the IMF announced that PNG will borrow $265 million, approximately K1.0 billion in a new financing package to run alongside the over USD1.0 billion (PGK3.93 billion) PNG already owe the IMF. The IMF stated that PNG has reached a…
The Mineral Resources Authority (MRA) of Papua New Guinea (PNG) has officially welcomed the appointment of the new Mining Minister in a small but significant ceremony in Port Moresby on Tuesday, October 08th. The MRA management and staff yesterday officially welcomed the newly appointed Mining Minister, Wake Goi, who is the Member for Jimi electorate in the Jiwaka Province, and a People’s Party member. The minister visited the Mining Haus at Konedobu accompanied by his wife Mrs Goi, his First Secretary Reuben Daniel, People’s Party member and former Governor for Jiwaka, Dr William Tongamp, other party executives and Jimi District…