The Member of Parliament (MP) for Wau Waria District of the Morobe province, Marsh Narewec, is calling for a reform of the National Youth Development Authority (NYDA) Act 2014 to ensure the provinces and districts work closely with the youth authority in organising youth activities and programs. This call follows Prime Minister James Marape’s bold statement on the 18th of January 2024 on the urgency of mobilizing all youths around the country for productive engagement in reaction to the events of the infamous “Black Wednesday”. The call was put out for all youths between 15 and 30 years of age…
Author: Emmanuel MAIPE
This week saw an important Memorandum of Understanding (MoU) signing that took place between a financial institution and a university in the country, all to support programs provided to students taking up studies in the field of business and finance. This MoU was signed between the Center for Excellence in Financial Inclusion (CEFI) and the IBS University and IBS Center of Excellence (IBSCOE) Limited on Tuesday 11th June in Port Moresby city. According to CEFI’s Executive Director, Mr. Saliya Ranasinghe, this MoU signifies a collaborative effort to advance education, particularly in the realms of entrepreneurship and microfinance, fostering mutual growth…
Support continues to pour in for the landslide affected communities in the Enga province at their time of grief and suffering, this time from the big LNG company in the country. ExxonMobil PNG Limited and Mobil Oil New Guinea Limited announced on Tuesday 11th June commitments of up to K1 million in funding as well as 40, 000 liters of diesel fuel to help support the ongoing relief and recovery efforts in Enga Province following the devastating natural disaster in Mulitaka. “Our hearts go out to those impacted by this tragedy, including the friends and family of our ExxonMobil PNG…
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)…
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…