The much- anticipated Highlands Regional Youth Games (RYGs) is set to roll following the signing of the Host Contract Agreement. The Host Contract Agreement was finally signed this week to convene the Inaugural Highlands RYGs that will be hosted by the Goroka District of Eastern Highlands Province (EHP). The Agreement was signed at the PNG National Sports Institute in Goroka between EHP Provincial Administrator, Mr. Allen Los and RYG Council Chairman and National Youth Development Authority (NYDA) Director General, Mr. Joe Itaki, and witnessed by Goroka District Administrator, Mr. Benson Imara. Youths from the highlands of Papua New Guinea (PNG)…
Author: Emmanuel MAIPE
The Ok Tedi Development Foundation’s (OTDF’s) access to isolated communities in Western province to ensure services reach them has been boosted recently with the donation of a dinghy and outboard motor. The timely donation of the 23- footer dinghy and 85 horse- powered outboard motor was from Upper Lower Ok Tedi Investment (ULOTI) Limited, presented by the company’s Chairman himself Mr. Paul Yarokam, to OTDF staff and management on May 31st at the Kiunga waterfront. “Most of the dinghies purchased by Wait Tri Trust provide service along the Alice River only, so ULOTI want to change this and serve communities…
The public, especially fuel consumers around the country can breathe a sigh of relief after the Independent Consumer and Competitions Commissioner (ICCC) announced just recently that prices for all petroleum products have slightly decreased for the month of June. According to the ICCC, the decrease commenced over the weekend on Saturday 08th June. For the city of Port Moresby, the changes in the retail fuel prices saw petrol dropped down by 34 toea from K4. 84 per liter in May to K4. 50 in June, Diesel dropped down by 25 toea from K4. 45 per liter in May to K4.…
Ok Tedi Mining Limited (OTML) along with its business partners recently came to the assistance of flood affected people of five villages located in the Lower Middle Fly region of Western province with food supplies. OTML through its Donations Committee supported the cause with K250, 000 worth of basic food supplies, and then utilized its logistical resources through its Community Relations and Sustainability Department along with its development arm, the Ok Tedi Development Foundation (OTDF), to successfully distribute and deliver the supplies to Kaviananga, Komovai, Kasa, Levame and Owa villages. PNG Sustainable Development Program (PNGSDP) is also providing support through…
The main focus of the BSP Financial Group Limited (BSP) in its endeavors to providing financial and banking services to the people, is to ensure that these services continue to be improved for its customers in Papua New Guinea (PNG) and the pacific nations where BSP operates in. BSP Group Chief Executive Officer (CEO) Mr. Mark Robinson when opening the bank’s Annual General Meeting in Port Moresby city this morning. He stated that this is reflected in the improvements made to the banking system with innovative technologies, like the implementation of the new Core Banking System in 2023, improved operational…
The country could see in the near future another major sugar production apart from Ramu Sugar in Madang province now that a Thailand company was given the go ahead to establish a Special Economic Zone (SEZ) dedicated to sugar in Abau district, Central province. The Minister for International Trade and Investment, Richard Maru made the announcement recently regarding this major undertaking in the agriculture sector. Minister Maru announced that Cocoland Sugar Development Limited in Abau will be developed as a Special Economic Zone after he met with the management team from Yaosoeng Sugar and Cane Consultant Company Limited (a Thai…
The youths of the Kerema district in the Gulf province now have an office to attend to and address their issues following the opening of the Kerema District Youth Development Council (DYDC) along with six (6) Local Youth Councils. The opening, which took place last week Friday 10th May that culminated a weeklong youth mobilization activity, was a milestone achievement for the youths and the district itself. Officiated by the National Youth Development Authority (NYDA) Director General, Mr. Joe Itaki, the event was witnessed by the Vice Minister for Petroleum and Member (MP) for Kerema, Thomas Opa and Kerema District…
Prime Minister (PM) James Marape this morning opened the Stakeholder Consultation on the National Gold Corporation Bill 2024 (Gold Bill) with one message, and that is for the concerned parties to find what is wrong with proposed bill and to work towards an amicable solution going forward. Today’s Consultation was arranged by the Minister for Mining in collaboration with the prime minister and aims to discuss this controversial bill that is currently before cabinet and on the notice paper to be presented in the May parliament sitting coming up in two weeks’ time. Papua New Guinea Chamber for Resources and…
The National Government continues its assistance to the affected business houses from the Black Wednesday riots and looting in the city of Port Moresby, this time with the release of its third batch of financial assistance. The cheque presentation of the financial assistance was carried out by the Chief Secretary to Government, Mr. Ivan Pomaleu on Monday 06th May, who also expressed regret for the unfortunate incidents that occurred on Wednesday 10th January. He shared his sentiments for those business houses, who were affected during the chaos saying, “The government values the contributions of business houses, that apart from collecting…
The Independent Consumer and Competitions Commission (ICCC) , through its nationwide price surveillance exercise, has reported that a lot of shops the ICCC team had inspected are complying with the current Price Measure in place. This comes as good news especially at a time of a rise in the costs of goods and services due to inflation experienced in the country. The ICCC Commissioner and Chief Executive Officer (CEO), Mr. Paulus Ain stated that most of the listed goods on the ICCC watch list as per schedule 1 of the Price Measure No. 4, which are essential basic goods, remain…