The Ok Tedi mine in the Western province, although its mining life is said to have 10 more years to go, it still has enough resources that could see the mine continue operating for three more decades further generating revenue for the country and the province. According to the Ok Tedi Mining Limited (OTML) Managing Director and Chief Executive Officer (CEO) Mr. Musje Werror, the Ok Tedi mine has been operating for 38 years and the facilities are getting old. Therefore, the focus now is on re-investing in the business in terms of putting money into the processing facilities and…
Author: Emmanuel MAIPE
P&O Maritime Logistics continues to contribute to the training and employment of local maritime professionals through its employment and training program. This was stressed by the Head of Australia and PNG P&O Maritime Logistics Mr. John Connor, who said that P&O has trained so many Papua New Guineans for maritime careers. “In more recent times, we have sponsored 14 candidates through our own training program and a collaborative program that is running in conjunction with the Ok Tedi Development Foundation (OTDF),” said Mr. Connor. He added that within this program, P&O also strongly encourages interested young females who want to…
P&O Maritime Logistics, a leading provider of maritime services globally, has delivered the second new vessel- the “Fly Valiant,” designed specifically to service Ok Tedi Mining Limited (OTML) and its operations along the Fly River in the Western province. The Head of Australia and PNG P&O Maritime Logistics Mr. John Connor said the vessels were designed specifically to meet the requirements of the OTML supply chain. “This ship along with the other ships of the P&O fleet provide good support for OTML and in doing so, support the development and prosperity of PNG and in particular of the Western province,”…
The controversial Additional Company Tax (ACT) imposed on BSP Financial Group Limited (BSP) by the government, has been paid out but it is currently being parked in an account with the Central Bank awaiting court proceedings after BSP filed an application with the Supreme Court on the constitutionality of the Tax. This was revealed just recently by the Group Chief Executive Officer (CEO) Mr. Robin Fleming when presenting BSP’s 3rd quarter results for 2022. “In relation to the additional company tax, BSP has and continues to progress its challenge by the Supreme Court. We’ve re-filed our application in May and the…
BSP Financial Group Limited (BSP) coverage of its electronic banking service has reached over thousands of customers, both old and new, over the last three years linking customers even in rural areas to vital banking services, and the most used is the mobile banking service. The Group Chief Executive Officer (CEO) Mr. Robin Fleming said mobile banking service is top out of the other performing channels of EFTPOS and ATM. “Mobile banking has seen a lot of improvement and increase in transaction activating, especially for top up for power, top up for mobile telcos and transfers to other customers who…
Vodafone PNG is quite a new mobile service provider in the Papua New Guinea market, but it is determined to make sure its reach covers the whole of the country. The communication company so far has over 300, 000 customers and its network coverage are live in National Capital District (NCD), Central, Morobe, Eastern Highlands, Western Highlands, Chimbu, Jiwaka, East Sepik and Madang provinces. Vodafone PNG Public Relations and Sponsorship Manager Ms. Charmaine ToRobert, said West Sepik and Milne Bay Provinces will connect soon to the Vodafone network. “We should be live in those areas by the end of the…
Vodafone PNG subscribers nationwide who bank with BSP Financial Group Limited, can now be able to access BSP banking services on their mobile phones. This was made possible today when BSP and Vodafone launched their partnership in mobile banking services using the BSP Mobile Banking USSD (Unstructured Supplementary Service Data) platform. Vodafone PNG Public Relations and Sponsorship Manager Ms. Charmaine ToRobert, said Vodafone customers can now avoid the long queues in the bank and the shops, make it easier to pay for easipay for electricity. “So, we a truly excited about the positive impact this partnership with BSP will have…
The national government’s Special Economic Zones (SEZ) and donor support should be the assistance that is needed to ensure Western province progresses long after Ok Tedi Mining Limited (OTML) closes its operations. OTML Managing Director and Chief Executive Officer (CEO) Mr. Musje Werror, said the SEZ is one such benefit that would see sustainable growth in the province’s economy and improve service and development, as it will attract investments in the long run for the province. “Special Economic Zone, in terms of attracting more investors into the province, its going to be a critical part of government’s input into sustaining…
Local cocoa farmers in the East Sepik province are working towards having downstream processing for cocoa so that they can benefit more from the cocoas they produce. Mupa Cocoa Farming Founder and Director Mr. Sperian Kapia said that is one thing the farmers in Angoram district are doing with the help from partners like the European Union (EU). He said the farmers in the Yuat Local Level Government (LLG) want to establish a working downstream processing so to manufacture a semi- complete product to sell to the markets. “So, we want to produce powder (cocoa powder) in our villages so…
Ok Tedi Mining Limited (OTML) is assisting landowners and the communities in Western province ventured into agriculture businesses so that they can be able to sustain themselves after the Ok Tedi mine eventually closes in 10 years’ time. OTML Managing Director and Chief Executive Officer (CEO) Mr. Musje Wera, said apart from other payments, the company annually pays compensation funds for the use of the land and for certain resources like water, but he said these funds should not be seen as the main source of income for the communities. “I mentioned the compensation that we pay to our communities,…