Papua New Guinea (PNG) can expect a boost in surveillance and monitoring of illegal activities on its waters now that the Ship- Rider agreement between the country and the United States (US) Government, is in the process of being ratified. The Minister for Foreign Affairs Justin Tkatchenko announced this in parliament today when responding to questions from the member for Hiri Koiari on the update on regional security agreements PNG had signed with partner countries. The Ship- Rider agreement will enable security of PNG waters in partnership of with the United States Coast Guards, whereby PNG personnel will be working…
Author: Emmanuel MAIPE
Prime Minister (PM) James Marape has given his assurance that the issue whereby top students missing out on placings in tertiary institutions, is being addressed for the interest of the parents, guardians, and students. The PM made this known during parliament sitting today when answering questions from the Deputy Opposition Leader Douglas Tomuriesa on the matter. The deputy opposition leader was concerned about the matter continuing to pop up whereby some students with top marks were given placings in their second or third choices or even missing out completely from getting into universities and colleges. Tomuriesa said there have been…
The Australian Prime Minister Anthony Albanese will start his first official visit as prime minister to Papua New Guinea (PNG) when he touches down at the APEC Terminal at Jackson International Airport, Port Moresby this Thursday 12th January. The PNG Minister for Foreign Affairs Justin Tkatchenko announced in the briefing of Albanese’s visit today that a historical event will happen during his first day of visit to the country. “A historical event will happen at the National Parliament where for the first time an Australian Prime Minister will address the National Parliament and all our members, and we look forward to…
The review of the Superannuation and Life Insurance Act of Papua New Guinea (PNG) has been completed with recommendation put forth to the Bank of Papua New Guinea (BPNG) for deliberation on the proposed changes to the Act that would benefit companies and their customers going forward when it comes to life insurance and general insurance. The Bank’s Acting Governor Mr. Benny Popoitai said the review was to ensure that going forward, these insurances will come under just one regulator- the BPNG. He said currently there are two regulators for each of the insurances provided to clients of financial institutions.…
In 2022 alone saw a lot of issues arising from the notorious settlements in Erima in Port Moresby city; however, this year the Police Station Commander (PSC) for the Gordons Police station has plans to seriously deal with this matter going forward. Last year the area saw a lot of ethnic clashes and crimes committed. People were injured and even killed during numerous confrontations between ethnic groups that live in the settlements. PSC Inspector Gabriel Kini said this must change in the new year. Inspector Kini said this year he plans to carry out more awareness to the people and…
A tragic road accident on New Year’s Eve this morning at around 7:00am in the city of Port Moresby saw people injured and one person dead after he was thrown out of the Public Motor Vehicle (PMV) bus he was traveling in. Eyewitnesses at the scene and some passengers of the Number 7 bus that was involved in the accident, claimed that the taxi that hit the bus was on high speed and did not slow down at the traffic lights section and crashed into the PMV along the Independence Boulevard at Waigani, right in front of the National Parliament…
The Minister for International Trade and Investment Richard Maru is adamant to ensure that his new ministry will deliver the much-needed economic improvement the country needs, by improving trade and investments through the newly created Department of International Trade and Investment. Minister Maru, who spoke at the official announcement last night of the new Acting Secretary for the new department Ms. Jacinta Warakai Manua, said it is now time to look at the non-mining and petroleum sector to build investments and trade with other countries. Maru said the country has depended too long on the mining and petroleum sector for…
The increase in the Corporate Income Tax set for 2023 for commercial banks has once again received skeptical remarks, this time from the bankers. The most recent was from the outgoing Chief Executive Officer (CEO) for the BSP Financial Group Limited (BSP) Mr. Robin Fleming, who said that the increase will only lead to negativity in the banking sector. He said the country needs good and health competition in the private sector, which includes the banking sector, and that such increases to raise a revenue of K240million to fund core government services as per the 2023 National Budget, has the…
The Wafi- Golpu Mine Joint Venture project in the Morobe province is one of the major mining projects in the country that is progressing towards its construction phase, despite calls from environmental groups and landowners to halt the process until a sustainable method of mine waste management is sourced out and approved by all parties concerned. Just this week at the 16th Papua New Guinea Chamber of Mines & Petroleum Conference 2022 in Sydney, Australia, the Mining Minister Sir Ano Pala announced to the audience and potential investors that the projects going through the permitting process are the K5.3billion Wafi-…
The start of every new sporting season can be troublesome when it comes to finding a sponsorship, especially when a sponsorship deal is only for just one season. That is the case with the Port Moresby Australian Football League (AFL) competition where the sponsorship by Moni Plus is just on an annual basis, leaving the Port Moresby AFL Association requesting at the end of every season for sponsorship for the next season. However, the Association President Mr. Douglas Lai said they will be seeking to lock in a three-year sponsorship deal going forward to address this matter. “This is because…