Two separate attacks on contractors working on airport project sites in the country have prompted concern from the National Airport Corporation (NAC) after contractors were attacked and robbed by armed criminals. The NAC is deeply concerned about these recent violent attacks against its project personnel and property at Gurney and Hoskins Airports respectively. “These cowardly acts are a direct threat to national development, safety, and the lives of individuals dedicated to delivering vital infrastructure projects,” said the NAC. On the evening of Thursday, 10 July 2025, armed criminals ambushed NAC contractor’s personnel while they were transporting a paver machine to…
Author: Emmanuel MAIPE
Ok Tedi Mining Limited (OTML) is now a step closer to purchasing the Misima Gold project in Milne Bay province after getting the clearance from the Independent Consumer and Competitions Commission (ICCC) to do so. OTML announced the granting of clearance from ICCC in relation to the purchase of the Misima Gold Project from Kingston Resources Limited (Kingston), marking the completion of all conditions required to fully complete the transaction. On 20 May 2025, Ok Tedi announced the purchase of the Misima Gold Project in PNG from Kingston for A$60M (~US$38M), with further contingent payments totaling up to A$35M (~US$22M).…
The new TISA Bank is expending its services across the country with the aim to open at least close to 20 new bank branches by 2026. TISA Bank Chief Executive Officer (CEO) Mr. Sunil Pokharel revealed this in an interview prior to the opening of the bank’s new Wewak branch in the East Sepik province on Monday 7th July. He said the opening of this branch marks that drive forward in providing the necessary banking service to customers and the over 80, 000 members of the Teachers Savings and Loans Society (TISA) across the country. “After Port Moresby, this is…
Since its launching as a commercial bank in 2024, the new TISA Bank is quickly expanding its operation across Papua New Guinea, covering and serving its customers in all four regions made possible through its already existing Teachers Savings and Loans Society branches, and today will be the latest to open in Wewak in the East Sepik province. The new TISA Bank branch is located at a much convenient place, which is in the center of town, a change from its old location which was further outside of town where it was literally a warehouse that the Teachers Savings and…
The new TISA Bank branch in Wewak, East Sepik province opened its door to customers this morning much to the excitement of public and its Savings and Loans Society members, most of whom are teachers. Opening the new TISA Bank branch was East Sepik Governor Allan Bird, who expressed great gratitude to TISA management and board for choosing his province for the new branch. Pointing to the increase in agriculture in East Sepik, he said the newly established commercial bank must take the opportunity to gain a foothold in promoting agriculture the province by tapping in the sector through engaging…
After having to endure rocket strikes from Iran, the Papua New Guinea (PNG) citizens along with diplomats who were in Israel have finally returned home safe and sound. The National Government announced the safe return of the group, including diplomatic personnel and pilgrims amidst the escalating conflict between Israel and Iran. PNG’s Ambassador to Israel, His Excellency (H.E.) Henry Mokono, along with his family and Embassy staff, arrived on the 29th and 30th of June respectively. Secretary for the Department of Foreign Affairs, Mr. Elias Wohengu welcomed them home. “Our nation stood united in prayer, not only for the safe…
The Minister for International Trade and Investment, Richard Maru fully endorses a proposed power project in the Southern Highlands province, saying it will support economic development, including the development of Special Economic Zones in the Highlands Region of Papua New Guinea (PNG). Minister Maru endorses the proposed 90MW Kaugel Hydropower Project as a transformational project of highest national priority. The proposed K2.5billion project will take 4 years to construct. “This is a transformational project. We have a very high demand for cheaper, clean, and reliable electricity in our country, not only for our people, but importantly to drive economic growth,”…
The Internal Revenue Commission (IRC) of Papua New Guinea (PNG) is hosting the 45th Commonwealth Association of Tax Administration (CATA) Heads and Technical Meetings next week in Port Moresby city to talk about everything to do with tax. This prestigious international conference will bring together senior tax administrators from 47 Commonwealth nations, representing over 2 billion citizens worldwide. The event marks a significant milestone for Papua New Guinea as it hosts one of the world’s largest gatherings of tax administration professionals. According to the IRC, this high-level meeting brings together tax administration and leaders and technical experts from across Commonwealth…
Prime Minister (PM) James Marape is calling on the people of the Porgera valley in the Enga province to stop the violence and work together to support the operations of New Porgera Limited (NPL), which will in turn benefit them in the long run. Prime Minister Marape made this call after receiving a dummy cheque from the NPL for its corporate tax payment of over K198 million to the State on Wednesday 2nd of July at the APEC Terminal in Port Moresby city, before he departed for his ten (10) days official government overseas trip to the United States and…
Transparency International Papua New Guinea (TIPNG) is calling for the preservation of the independence of the Independent Commission Against Corruption (ICAC) from political influence following the recent internal issue faced by the anti-corruption body. According to TIPNG, keeping the ICAC out of political influence is crucial to restoring public confidence and ensuring it can deliver its mandate. In a media statement released today following reports of administrative issues within the ICAC, TIPNG is calling for the constitutional basis for the ICAC’s functions to investigate, arrest and prosecute corrupt conduct in Papua New Guinea (PNG), to be protected and not fall…