The State has resumed its payment of arrears owed to Nambawan Super Limited (NSL) for the outstanding rentals for the use of the superfund’s buildings and properties by State Departments, with NSL confirming receiving payment of K60 million from the State. This payment is in line with the agreement reached between the State and NSL last year, where the State had committed to settling its total rental arrears through monthly instalments of K5 million for the previously accrued arrears and K5 million to pay its current rental invoices. The State’s total rental arrears owing to NSL are expected to be…
Author: Emmanuel MAIPE
The Momase Regional Youth Games are set for September in Madang, and it was made possible with the signing of the Host Contract Agreement between the Madang Provincial Administration and the National Youth Development Authority (NYDA) of Papua New Guinea. The Regional Youth Games (RYG) is set to be hosted from September 25th to the 30th and is a new sporting concept targeting the rural youths who have less opportunity of participating in formally sanctioned sporting codes. “We have huge sporting potential and rural talents locked in the rural areas, they need some exposure in the mainstream sporting arena, hence…
Vanuatu’s parliament is scheduled to meet on Wednesday to debate a motion of no confidence against Prime Minister Ishmael Kalsakau’s government. A political stalemate persists, with both the government and the opposition having the support of 25 MPs each. The mover of the motion, opposition leader and a former prime minister, Bob Loughman, requires the backing of at least 27 members to unseat Kalsakau. However, Kalsakau also needs a majority in the house if he is to be able to pass legislation going forward. Last Thursday, the government side boycotted a special sitting of parliament to avoid the no confidence…
The Momase Regional Youth Games is coming up and a total of 17 out of 26 districts in the Momase region have confirmed their participation in the inaugural event that will be staged in Madang province. Regional Youth Game (RYG) Coordinator John D’siguria said the games are set for 25th-30th September and Tournament Directors in 5 sports will draw up competition draws based on entries received. “Some 4,000 to 5,000 youths are expected to attend this Momase Regional Youth Games. There is overwhelming support and interest being shown by youths and sports administrators in all districts of the region as…
East Sepik Governor Allan Bird wants the government to make it known to parliament in the future just exactly how much the state owes in arrears for utilities and rentals to service providers. Governor Bird, when giving his response to the 2023 Mid- Year Economic and Fiscal Outlook (MYEFO) update presented by the Treasurer recently in parliament, said the disclosure of such information for consideration for future government expenses in budgets, is important. “I’m not sure how far back a lot of these arrears have been carried by the government, whether these things have happened over the last couple of…
The United States Agency for International Development (USAID) will continue to put in funding support to improve the country’s health sector in providing health services to the people. The USAID Administrator Her Excellency (H.E) Samantha Power said that health is another priority area for Papua New Guinea (PNG) and the partnership with the United States (US) is driving meaningful successes. She said for 22 years of working together, both countries have been collaborating to combat HIV/AIDS and other forms of illnesses. “Over 96, 000 people in the capital district alone have been tested, over 7, 000 people have been receiving…
Treasurer Ian Ling-Stuckey has assured Papua New Guineans that the country’s economy is performing so much better than the world economy, because of the government’s efforts in put together measures to protect the economy during a period of tough economic times experienced globally. Mr. Ling-Stuckey, when presenting the 2023 Mid- Year Economic and Fiscal Outlook (MYEFO) update in parliament this week, said that the good performance reflects the Take Back PNG stance by the Prime Minister, whereby the government putting together policies and strategies, that have protected the people from the economic downturns facing the rest of the word. According…
Treasurer Ian Ling-Stuckey has announced that the Kina is not depreciating or losing its value, to put to rest the doubts in Papua New Guinea’s currency in the world market. The Treasurer when presenting the 2023 Mid- year Economic and Fiscal Outlook (MYEFO) update, said the facts presented in the MYEFO clearly indicated that the Kina is in fact appreciating. “Over the first 6 months of 2023, compared to the same period last year, the Kina has appreciated against the Australian Dollar by 4%, the Kina has also appreciated against the Japanese Yan by 9.3%, the Kina has also appreciated…
The National Capital District (NCD), Governor Powers Parkop has suggested a more critical decision to be made on the issues with PNG Power Limited (PPL) and it’s poor performance in providing energy service to the people. Governor Parkop, who commented on the parliamentary statement on the performance of the power company, indicated that his faith in the country’s only State owned power company, has been reduced over time due to its poor performance and management. This has prompted him to say that it’s time to consider the final option, which is to sell. He said this cannot continue any longer;…
The State owned power company- PNG Power Limited (PPL), is on the verge of insolvency, prompting the government to put together another rescue plan to pull it out of its dilemma. The Minister for State owned Enterprise William Duma made this known in parliament today when presenting his Parliamentary Statement on the Rescue and Reform Plan Framework on PNG Power Limited, 2023. Minister Duma said late 2022 the government, through trustee shareholder Kumul Consolidated Holdings (KCH), with the assistance and cooperation of PPL and other agencies, began preparing the foundations of the first phase of a rescue plan for consideration…