The country’ consumer watchdog, the Independent Consumer and Competitions Commission (ICCC) has announced the retail price of fuel will decrease this month starting today; however, the decrease is just a slight decrease from the retail fuel price from last month. For the fuel retail prices for Port Moresby city, it’s K4. 66 per liter for petrol, K4. 39 per liter for diesel and K4.05 per liter for kerosene. That’s a 1 toea decrease for petrol, 2 toea decrease for kerosene, and 11 toea decrease for diesel from last month’s retail fuel prices. The Port Moresby retail fuel prices for March…
Author: Emmanuel MAIPE
The Minister for International Trade and Investment has made it clear to the Australian Government that Papua New Guinea (PNG) will not be part of PACER Plus, alluding to trade imbalances between the two countries. Minister Richard Maru made that known in a recent meeting with the new Australian High Commissioner to PNG, His Excellency John Feakes, stating that PNG is not interested due to the unfavorable trade arrangement with Australia. The Pacific Agreement on Closer Economic Relations or PACER Plus is a regional development-centred trade agreement designed to support Pacific island countries to become more active partners in, and…
The government has finally released the first batch of relief funds for the businesses affected during the Black Wednesday riots with City Pharmacy Limited (CPL) the first recipient. After over two months of waiting following the announcement of the relief assistance by the prime minister, the government started the disbursement yesterday, Friday 05th April, and CPL being a prominent player in the retail sector and one of the severely hit businesses, received the first installment of financial assistance to commence its wage support program. This program aims to bolster affected businesses and safeguard jobs in the aftermath of the looting…
Footy fans in Port Moresby won’t have to wait much longer for the 2024 AFL Season to kick off because it’s all set for this weekend. The President of the Port Moresby AFL (POMAFL) Association, Mr. Douglas Lai has confirmed with PNG Hausbung that the MoniPlus 2024 Port Moresby AFL Season is scheduled to commence tomorrow, Saturday 06th April 2024. “The Port Moresby AFL Season is starting with the Lightning 12 A Side tomorrow at the Colts Oval,” President Lai said. “This is the preseason and will run full day tomorrow with the round robin format, with the grand final…
Ok Tedi Mining Limited (OTML) will no longer be doing business with Puma Energy in terms receiving the supply of diesel and JET A1 fuel to support its mining operations. This after the mining company made a strategic decision to discontinue its utilization of Puma Energys fuel supply in Tabubil, Western province due to the prolonged inability of Puma to provide consistent diesel and JET A1 supply and fulfill its contractual obligations. The move comes despite OTML making efforts to work constructively with Puma to resolve the supply matter, even offering to purchase the fuel facilities in Tabubil. However, Pumas…
The Port Moresby Australian Football League (AFL) Association has put its foot down to suspend for an indefinite period the Gordons Kokofas football club from the competition for its involvement in the on field violence that occurred during the 2023 grand final match. The Association President Mr. Douglas Lai said the decision had to be made due to the severity of the incident and the destructions the club’s players and fans did during the time of the incident last year. “We had to do this you know,” stressed the Port Moresby AFL Association President. “We’re doing this to send a…
Papua New Guinea (PNG) is still committed to providing the funding assistance to Vanuatu to support its infrastructure rehabilitation needs. That was the message conveyed by PNG’s Foreign Minister, Justin Tkatchenko when he met with the Vanuatu Prime Minister (PM), Charlot Salwai Tabimasmas, on Holy Thursday at the margins of the 2024 MSG Budget Foreign Ministers Meeting in Port Vila, Vanuatu. Apart from main bilateral matters discussed, Minister Tkatchenko reassured the Vanuatu PM that relevant PNG Government authorities are now working on sending the K10 million assistance to Vanuatu for the rehabilitation of the Kumul Highway that was pledged by…
The staff and management of the National Youth Development Authority (NYDA) recently launched their Five Year Staff Development Plan in the city of Port Moresby. The small but significant ceremony, which took place on the eve of the long Easter weekend on Holy Thursday, 28th of March, was witnessed by the Registrar General of the Civil Registry, Mr. Dickson Kiragi and two staff members from Papua New Guinea (PNG) Sports Foundation. NYDA Director General, Mr. Joe Itaki in his keynote address commended the Human Resource (HR) division for the initiative, stating that a team well bestowed in the matters of…
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is cautioning the government from progressing with the proposed National Gold Corporation Bill 2022 to parliament for endorsement, citing serious repercussions to the country’s mining sector should it be passed. This week, the President of the PNG CORE, Mr. Anthony Smare warned in the media that the proposed bill is very harmful to the country and that it should not be entertained in parliament yet until proper consultations are conducted with all the concerned parties and stakeholders involved who will be impacted by it. It was for this reason…
Officers from the National Youth Development Authority (NYDA) were recent in the Wewak District of East Sepik province on the request of its local Member of Parliament (MP) to carry out consultations on the preparations for the establishment of a District Youth Development Council (DYDC). The proposed Wewak District Youth Development Council will serve as a means to give the youth population in the district a voice to raise their concerns on issues affecting them, and also serve as an avenue for them to meaningfully contribute to the developments in their district. The consultation, which took place on Monday 25th…