After opening its second flagship branch in Wewak town in East Sepik province just a month ago, TISA Bank has opened its third flagship branch in the big city of Kokopo in East New Britain Province. This latest TISA Bank branch opening reinforces its commitment to expanding banking access for the underbanked and unbanked communities across Papua New Guinea (PNG). The launch ceremony was officiated by the Governor of East New Britain Province, Hon. Michael Marum, and witnessed by Open Member (MP) for Kokopo, Ereman ToBaining Jr., and business community representation by Dame Sandra Lau, owner of Tropicana Ltd. Governor…
Author: Emmanuel MAIPE
It is just over a month to go before Papua New Guinea marks its 50th Anniversary of Independence, so it is only fitting that a statue of the man who gained the country’s independence stands tall at Waigani, Port Moresby city. Last evening saw the unveiling of the live size bronze statue of Grand Chief Sir Michael Somare unveiled at the National Parliament House witnessed by the family of the Grand Chief, including his wife Lady Veronica Somare, the prime minister, State Ministers and Members of Parliament and foreign dignitaries invited for the significant occasion. Prime Minister James Marape in…
Since its opening over forty (40) years ago, the National Parliament has served as the house of the people, serving the interest of the people and upholding the democratic process of government. This was the statement made by the Speaker of Parliament, Job Pomat today to commemorate the 41st Anniversary of the National Parliament, which was celebrated at the Parliament premises in Port Moresby city. Pomat described the Parliament as a powerful symbol of Papua New Guinea’s democracy, identity and national unity. These year’s theme of celebration is ” One People, One Nation, One Country”. Reflecting on this year’s theme,…
The Kavieng Stadium in Kavieng town, New Ireland province has been renamed to Sir Julius Chan Stadium as a mark of honor for the Late political icon, the last of the founding fathers of Papua New Guinea who passed away early this year. New Ireland Governor Walter Schnaubelt announced this during the New Ireland Day celebrations held at this Stadium on Saturday, 02nd August, 2025. “It is fitting and proper to announce that the Kavieng Sports Stadium will now be named in honor and legacy of our late Governor Sir Julius Chan,” he said. Late Sir Julius, Papua New Guinea’s…
The Kumul Petroleum Holdings Limited (KPHL) has been given the thumbs up to go ahead with the construction of the Central Province Industrial Park (CCIP) at Caution Bay after receiving a Provisional Development License from the Special Economic Zone Authority (SEZA) Board. The Provisional Developer License that was presented to Kumul Petroleum on Monday 4th August in Port Moresby city, is just for twelve (12) months (1 Year). The CPIP project is a cornerstone of the government’s economic diversification agenda and is expected to stimulate job creation, industrial processing, and regional development in Central Province. However, the Board, in the…
New Zealand (NZ) Prime Minister Christopher Luxon start his day in his official three- day visit to Papua New Guinea (PNG) paying a courtesy visit to the Governor General of PNG Grand Chief Sir Bob Dadae. The Governor General received Prime Minister Luxon at the Government House in Port Moresby city at 9AM where he acknowledged the close and historical relations both PNG and New Zealand share and in particular, New Zealand’s direct funding assistance and volunteer service in rural communities in PNG. Prime Minister Luxon said, “New Zealand is proud of its close relations with PNG that reaches back…
The Central Lime and Cement project will greatly support and improve the living standards of the people of Kido and also ReaRea in the Central province thanks to the agreement made between the landowners and the developer, Pacific Lime and Cement. Mr. Paul Mulder, the Managing Director of Pacific Lime and Cement (PLC) held a press conference on Monday 4th August in Port Moresby city following the official launching of the project and the announcement of its Final Investment Decision (FID) last week Friday. The press conference was to give further details to the Central Lime and Cement project, where…
The Constitutional and Law Reform Commission (CLRC) just recently launched two key issues paper for the review of laws on Sexual Offences and State- Owned Enterprises (SOEs) under its latest Terms of Reference (TORs) in an effort to further tighten them in order to be more effective. These two TORs are: TOR 22: Review of Laws Relating to Sexual Offences (Incest) in Papua New Guinea TOR 25: Review of Laws on State-Owned Enterprises (SOEs): Meeting Objectives and Accountability to the State. CLRC Chairman MP Saki Soloma highlighted the importance of both reviews, emphasizing the urgency and necessity of addressing issues…
The Prime Minister (PM) of New Zealand Christopher Luxon is arriving this evening in Port Moresby city to commence his official three (3) day official visit to Papua New Guinea (PNG). Prime Minister James Marape confirms that PM Luxon, Prime will start his official visit today, Monday, 4th August and wrapping it up on Wednesday 6th August. Marape said this visit heralds a major season of diplomatic engagement as PNG gears up to commemorate its 50th Independence Anniversary. Prime Minister Marape hailed the visit as a defining moment in bilateral relations, underscoring New Zealand’s long-standing support for Papua New Guinea’s…
The BSP Financial Group Limited (BSP) was given a prestigious recognition for its Wantok Wallet financial service for bridging the financial inclusion gap in the country. BSP accepted the 2025 Service Member Recognition Award from the PNG Chamber of Resources & Energy (PNGCORE) on Thursday 31st July in Port Moresby city at the conclusion of the three-week PNGCORE Resource Week program. Launched in February 2025, Wantok Wallet enables secure, card- less transactions via mobile phones — without requiring a bank account, internet access, or even a smartphone. This innovation has empowered thousands of workers and families in resource-rich regions to…