The people of New Ireland can expect fisheries-based projects in the province to commence following the recent signing of a Memorandum of Agreement (MoA) with the National Fisheries Authority (NFA). This MoA is to enable the implementation of the National Fisheries Strategic Plan (NFSP) 2020- 2030. The signing took place at the NFA headquarters in Port Moresby on Thursday, May 08th between New Ireland Governor, Walter D Schnaubelt and NFA Managing Director, Mr. Justin Ilakini and witnessed by Provincial Administrator Mr. Richard Andia. The signed MoA now paves way for more collaborative dialogue in developing the fisheries sector in New…
Author: Emmanuel MAIPE
The annual recognition of employers’ efforts in having their members’ contributions sent in on a timely basis to the National Superannuation Fund (Nasfund), is to ensure members get the best from their life savings. That was the message from the Deputy Chair of the Nasfund Board Mr. Anthony Yauieb in his address at the recent 7th Annual Nasfund Employer Awards 2024 in Port Moresby on Thursday 8th May. He stressed on the importance of members’ contributions, stating that the Superannuation Act 2000 guides superfunds to ensure employers on a regular basis submit their employees’ contributions, updating their savings to ensure…
A man from the East Sepik province was arrested and charged by police in the Central province for possession of an offensive weapon. The 25-year-old man who resides in Edai Town outside of Port Moresby city was arrested by police on Monday 12th May for having in his possession a wire catapult, a weapon with the capability of injuring and evening killing another human being. Central Provincial Police Commander (PPC) Chief Inspector Joseph Salle confirmed that the man initially assaulted his wife on Saturday while under the influence of liquor. He said the matter was reported to the police, who…
Major progress in the assault and abuse case in Madang involving a mother and her daughter, of which a video of the incident went viral on social media over the weekend. Police in Madang today arrested the culprits responsible for the assault of the two females in a shop (Yaho Supermarket) in Madang town. The video of the assault was uploaded on social media by a bystander. It was through this video that police were alerted and took action, calling on eyewitnesses to come forward and give information, leading to the arrest of the suspects, who are allegedly employees of…
Local producers and farmers stand to benefit from a market that is perhaps the closest to Papua New Guinea (PNG) thanks to the creation of a business council. The creating of the Papua New Guinea (PNG)- Indonesia Business Council Incorporate now paves the way for a much stronger trade with Indonesia for PNG goods. Minister for International Trade and Investment Richard Maru at the official launching of the Business Council at the Parliament State Function Room in Port Moresby on Wednesday 7th May, said this is an historic moment especially with the 50th Independence Anniversary this year. He said for…
The Permanent Parliamentary Committee on Communication plans to hold a full inquiry into the reasons behind the suspension of popular Radio Talkback Show host, Culligahn Tanda. The Committee Chairman and Member for Wau- Waria, Marsh Narewec, said they plan to hold an inquiry because of the public backlash on the suspension of Kalang Advertising Ltd’s FM100 Talkback Show host, following an interview with the Governor for East Sepik province, Allan Bird. Chairman Narewec made this announcement following a meeting on Friday 9th May with Mr. Tanda, FM100 Chief Executive Officer (CEO) Bill Wartovo and the Media Council of Papua New…
Ok Tedi Mining Limited (OTML) just recently launched its 50th Anniversary logo to mark the country’s five decade of being and independent state, coinciding with the opening of its new office in Port Moresby city. OTML Managing Director and Chief Executive Officer (CEO) Mr. Kedi Ilimbit at the opening ceremony said the 50th Independence Anniversary Logo not only marks the county’s anniversary but also reflects on the years of operation and contribution to the economy of Papua New Guinea over 40 years ago when the mine started operations, just 10 years after independence. On to the new building- the Kwalumu…
Ok Tedi Mining Limited (OTML) has announced its Quarter 1 (Q1) Results for 2025 and it looks good financially for the nationally owned mining company, promising some good returns for its investors. The exceptional performance results for Q1 CY2025, showcased yet another successful quarter of disciplined operational and financial excellence. OTML is a 100 percent Papua New Guinea (PNG) owned entity with 67 percent direct shareholding by the Independent State of PNG and the people of Western Province holding a 33 percent interest. 100% of the benefits from its operations are distributed to the people of Western Province and the…
The 10% base tariff (tax) imposed by the United States (US) President Donald Trump on exports from Papua New Guinea to the US market won’t have much impact locally in terms of costs of living, but a global recession is a big concern. The Papua New Guinea (PNG) Institute of National Affairs (INA) Executive Director Mr. Paul Barker in an interview with PNG HAUSBUNG recently revealed that tariff will have less impact because PNG exports less to the US market compared to what is imported from the US. Nevertheless, Mr. barker said these tariffs imposed by President Trump has created…
The Member for Kairuku, Peter Isoaimo is now the new Energy Minister and Member for Kerema Thomas Opa is now the new Finance Minister following the latest reshuffle made by Prime Minister James Marape. The prime minister made the announcement on Friday and also stating that the outgoing Finance Minister Miki Kaeok retains his Transport portfolio. Marape thanked Minister Kaeok for his tenure at Finance. Speaking after the swearing-in ceremony at Government House in Port Moresby city, Prime Minister Marape praised Mr. Isoaimo as a seasoned leader and dedicated member of the government coalition, noting his long political service since…