The Secretary of the Department of Defence (DOD) has come out to fully clarify on the K15 million Commercial Support Program (CSP) funds, to put to rest the misinformation circulated on social media recently by members of the Defence Force, regarding its existence in the Trust Account. The DOD Secretary, Mr. Hari John Akipe in a press conference on Tuesday stated that the funds are still in the CSP Trust Account where it had been for the past years since the creation of a commercial arm for the Defence Force. By way of background, Secretary Akipe said that in 2012…
Author: Emmanuel MAIPE
The 14th World Indigenous Business Forum (WIBF) will officially be opened this evening with all the activities to take place for the next two days in the city of Port Moresby, and with over 500 delegates expected to attend, the event will be a great experience for the nation, city and local indigenous businesses especially. Much is expected from this major international event, especially the sharing of business ideas and the connections that will be made between the local and international indigenous businesses. Mr. Ivan Makil, who is a Senior Board Member of the WIBF body and President of the…
Papua New Guinea (PNG) is fully ready to host the 14th World Indigenous Business Forum (WIBF) come Tuesday 24th October in Port Moresby with delegates from the rest of the world arriving today along with the local indigenous business owners and operators. Minister for International Trade and Investments, Richard Maru said the event will officially kick off tomorrow at the Sir Hubert Murray Stadium with celebrations to be hosted by National Capital District Commission (NCDC) Amazing Port Moresby team. “I want to confirm that we will have over 300 official PNG delegates attending the forum and 150 delegates from around…
Over a hundred international delegates from 14 different countries will be arriving in Port Moresby next week for the World Indigenous Business Forum (WIBF). The 150 international delegates are part of over 500 delegates that are expected to converge into Port Moresby next week to attend and participate in the WIBF that will be hosted from October 24th to the 26th. Minister for International Trade and Investment, Richard Maru said that this is really a great opportunity to market Papua New Guinea (PNG) to the world. “I also look forward to seeing our local businesses showcasing their products, building international…
Great news for fuel consumers, PUMA ENERGY PNG should resume full supply of fuel by this afternoon. PUMA ENERGY PNG Chairman and Managing Director Mr. Hulala Tokome confirmed with PNG HAUSBUNG that the fuel rationing will stop and all sites should be back to normal at least by 4pm this afternoon. “We have received FX thanks to the Bank of PNG and the Deputy Prime Minister intervening,” said Mr. Tokome. Earlier this week, Puma Energy announced that it was forced to commence fuel rationing to manage declining fuel stocks to protect fuel security in the country, after the fuel distributor…
The recently hosted inaugural Momase Regional Youth Games (RYG) was deemed as success especially because sixty youths were identified by the Papua New Guinea Sports Foundation (PNGSF) to go for further sporting development. According to the National Youth Development Authority (NYDA), the PNG Sports Foundation High Performance Unit had scouted sixty players in total under the five sporting codes of volley, basketball, touch footy, soccer and para-athletics from the games played from the 5th to the 30th of September in Madang. Furthermore, two male soccer talents from Angoram in East Sepik province were also scouted to join the National Soccer…
The Papua New Guinea (PNG) Extractive Industries Transparency Initiative (EITI), the Treasury and JICA, will soon proceed into phase two of the boosting of data transparency in the Mining and Petroleum sectors following the signing of the “Record of Discussion” in Port Moresby this week. The signing of the Record of Discussion is for the project for Improving Resource Related Revenue Management Phase Two between the three organisations and is aimed at improving resource related revenue management through enhanced EITI reporting to ensure transparency in how the funds are managed. PNGEITI Head of National Secretariat, Mr. Lukas Alkan said the…
The move to have parliament pay the allowances for the Ward Members throughout the country has come as a relief for the Department of Provincial and Local Level Government Affairs, as it will ensure payments are made on time. Minister for Provincial and Local Level Government Affairs, Mr. Soroi Eoe who was speaking during a press conference this week, said that for a while now the department has been taking the heat on not paying outstanding Member allowances, even though it wasnt the departments responsibility. SRC (Salaries and Remuneration Commission) determination, which its report was produced last year, has brought…
The Morobe Governor and newly appointed Chairman of the new Bipartisan Committee to look into provincial government systems, Luther Wenge, aims to achieve the goals of the government to identify a workable system that would be implemented at the provincial levels to achieve development goals. Speaking during his official appointment as Chairman, Wenge thanked the Minister for Provincial Government and Local Level Government Affairs, Soroi Eoe for having faith in his leadership and appointing him as Chairman. Wenge vows to work towards achieving the government’s goal on reforming provincial government systems. “I shall do my best with intellectual ability and…
The World Indigenous Business Forum (WIBF) will be hosted in Port Moresby in a few weeks’ time and apart from making the best of business connectivity with the rest of the world, the Forum will serve as platform to promote Papua New Guinea (PNG) to the rest of the world. The Minister for International Trade and Investment, Richard Maru certainly believes in that which is why his Department of International Trade and Investment (DITI) is running point on the hosting of this event that would see the indigenous businesses from across the globe, gather in the capital city for this…