Members of Nambawan Super Savings and Loans Society (NSLS), now can find ease in saving to buy a new home or saving for future education costs, through two new products launched just recently. NSLS Chief Executive Officer (CEO) Mr. John Solok said these two new products are the Housing Saver and Tertiary Education Saver, which are aimed at better assisting members with housing and education needs of their children in the future. The Housing Saver is a special purpose savings account designed to encourage members to save to cater for their minimum bank financing equity requirement or in case where…
Author: Emmanuel MAIPE
The focus in these tough economic times currently experienced in the country brought about by the recent world events, should be to encourage agriculture and supporting the local fresh produce farmers in the rural areas. That is the word from the Papua New Guinea Institute of National Affairs (PNG INA) Director Mr. Paul Barker when highlighting the importance of trying to mitigate the impact of the high-cost goods on the population. Mr. Barker said people living in the main urban centers that depend on imported store goods are feeling the pinch of this. This includes people in the informal economy,…
The effects from the pandemic and the recent War in Ukraine will have a dual effect on the small countries like Papua New Guinea (PNG) that both produce raw materials and import goods as well. That’s according to the Director of the PNG Institute of National Affairs (INA) Paul Barker when commenting on the recent price increase in the country and the impacts of the war and the pandemic on the world market. Barker explained that the impact on the world market comes from the two countries in conflict because both are also major producers and exporters of commodities like…
The Papua New Guinea Defence Force is gearing up for the 2022 National General Election coming up in a couple of weeks’ time and is putting the final touches to the preparation of the personnel that will be deployed to support police provide security. Defence Minister, Win Bakri Daki, was at the 1st Battalion headquarters at Taurama Barracks in Port Moresby this morning to witness the men and women going through the national election pre- deployment trainings in the different scenarios of what could happen during the polling and counting periods. After witnessing the trainings, a satisfied Minister Daki says…
Police Minister William Onglo has confirmed that some funding for police for the 2022 National General Election security has been allocated to the Police Department and they stand ready to start the election operations. According to the minister the cost of running the election from their perspective is about K194million and of that amount, the government has transferred K111million already to support police election operations. “These are public funds, and it has to go through proper processes and procurement systems in order to run the elections,” said the police minister. “Since last year our department has been briefed by the…
Police investigation into the recent shooting incident in a Port Moresby restaurant involving the Member for Moresby North- West Lohia Boe Samuel that resulted in the death of a man, is almost complete and police should make some arrests soon. That is the word from Police Commissioner David Manning this morning at a press conference at the Police Headquarters in Port Moresby city. Commissioner Manning was briefed regularly on a daily basis as to what the police investigators are doing since the shooting incident was first reported. “We have established that a firearm was involved, we have established that someone…
Police Commissioner David Manning has re-iterated that the Royal Papua New Guinea Constabulary (RPNGC) is ready to provide security to ensure a safe, free, and fair in the upcoming 2022 National General Elections. Manning re-iterated this in response to an article published in one of the daily newspapers today stating that the police force may not be ready, especially with its stock of firearms and ammunition being down and the procurement taking longer than expected to get in new ammunition stock and the replacement of aging firearms. Manning said the message from his Deputy Police Commissioner Anton Billie, was taken…
The Kairuku-Hiri electorate is one of the seven districts in the country that could be split into two separate districts just before the country goes into the 2022 National General Elections, something the current sitting member is quite looking forward to. The electorate’s incumbent Member of Parliament Peter Isoaimo, said the district itself is huge and often it is difficult for one sitting member to manage. “As your member for Kairuku-Hiri, I can honestly tell you it is one of the difficult electorates. I am caught in between managing two district governments. The Hiri administration and the Kairuku district administration…
The Mineral Resources Development Company (MRDC) Limited has spent over K17million to landowners of four PNG LNG impacted villages in the Central Province alone in four years for their community projects. Mr. Augustin Mano, the Managing Director of MRDC said this during his key note speech at the opening of a massive community center yesterday at the Boera village built with these funds from the Community Infrastructure Trust Fund (CITF) held by MRDC. Mr. Mano was happy with the way the landowners have used the funds from their royalties from the gas project to build more infrastructure to support the…
Fourteen years of waiting has come to an end for the landowner groups of Hides 4 Petroleum Development License (PDL) 7 area in Hela province for their long overdue royalties from the gas resource from their lands that make up the country’s massive Liquefied Natural Gas (LNG) project that has made billions for the country. Mr. Augustin Mano, the Managing Director of the company that looks after the resource project landowner royalties and equities- the Mineral Resource Development Company (MRDC) Limited, told the landowners of the six blocks that they will finally receive their long awaited K19. 6million royalty paid…