Westpac is proud to reaffirm its position as a pioneer in financial services across the Pacific by continuing its long-standing partnership with Verifone, a global leader in payment technology. This partnership, established in 2016, underscores Westpac’s commitment to delivering innovative and efficient payment solutions to businesses in Papua New Guinea. Westpac Acting Chief Executive Warren Bobin said that as the first to market with Verifone terminals, Westpac is already leading the way in the Pacific region. “We will further enhance our offerings by introducing an uplifted version of our Point of Sale (POS) solutions, ensuring that our customers continue to…
Author: Maxine KAMUS
The Climate Change and Development Authority (CCDA) through its Reducing Emissions Deforestation and Forest Degradation (REDD+) Division has successfully completed a series of regional consultation workshops. This was successfully done with support from the Food and Agriculture Organization (FAO) of the United Nations (UN) as part of Papua New Guinea’s (PNG) efforts to secure Green Climate Fund (GCF) Results-Based Payments (RBP). These workshops, held across the country’s four regions, provided an inclusive platform for sub-national stakeholders to contribute to PNG’s funding proposal under the GCF RBP Pilot Programme. Participants included representatives from national and sub-national government agencies, civil society organizations,…
For many Papua New Guineans, owning a home has always been an unattainable dream. However, Roots Brand’s ‘Win Your Own Home’ promotion has given thousands of consumers the chance to turn that dream into reality. Bertha Apaso, a mother of three and a loyal Roots Rice consumer, was among those who embraced this life-changing opportunity. She expressed her excitement about the promotion, stating that owning a home had always seemed out of reach, but this promotion gave her, and many others hope. “I have always chosen Roots Rice, and the ‘Win Your Own Home’ promotion was an opportunity to change…
Prime Minister James Marape has reaffirmed his government’s commitment to law and order by calling on law enforcement agencies and senior public servants to step up their efforts in restoring discipline, enforcing the law, and ensuring public safety. “Whilst much room remains for improvement; I want to take a moment to commend and thank the hard-working police officers and law enforcement personnel who are actively making arrests and solving crimes. While we often focus on condemnation, we must also recognize and commend the efforts of those who are working tirelessly to keep our people safe,” PM Marape said. He emphasized…
The Motu Koita Assembly (MKA) has confirmed that the Annual Hiri Moale Festival 2025 will take place, and it will be bigger and better this year, after a massive successful Golden Jubilee celebration last year. MKA made this statement after the Member (MP) for Moresby North-west Lohia Boe Samuel, called for the cancellation of the 2025 Festival. The MKA Administration is now calling on the local MP to refrain from politicizing the 2025 Hiri Moale Festival. “The MKA Administration rejects the member’s comments and confirm that the Annual Festival will be bigger and better this year after a massively successful…
TISA Bank Ltd has successfully registered on the ALESCO payroll system, enabling Papua New Guinea Government Employees to have their salaries deposited directly into their TISA Bank accounts. This milestone marks a significant step towards providing greater banking accessibility, ensuring seamless salary processing, and enhancing financial convenience for public servants nationwide. By choosing a TISA Bank account as their primary salary account, customers can access simplified loan processing, faster cash disbursements, and an easier way to manage their finances. This initiative strengthens customer choice and supports financial stability by streamlining salary payments and loan repayments under one institution. “TISA Bank…
The Constantinou Group of companies have once again come on board to be one of the sponsors for the Hiri Moale Festival 2025, which will be held in Port Moresby city. The Group made a generous donation of K100,000 towards the upholding and preserving of the Hiri Traditions. “Motu Koita Assembly and the Hiri Moale Festival Committee thanked the Constantinou Group of Companies for coming on board once again as an event sponsor for the 2025 Hiri Moale Festival,” the Motu Koita Assembly stated. The Assembly said that apart from the Hiri Moale Festival the Constantinou Group of Companies have…
Papua New Guinea’s Minister for Petroleum Jimmy Maladina held a productive meeting with the leadership of SKK Migas, led by Secretary of SKK Migas Mr. Luky A. Yusgiantoro. During the meeting, developments in the Petroleum sector were discussed in general, and Production Sharing Contracts (PSCs) were discussed in particular. From the discussion, opportunities for potential future cooperation arose. The discussion focused on the various types of PSCs in use in Indonesia and the critical factors that determine their suitability for specific projects. It was noted that each project is unique and flexibility in PSC structures is key to ensuring sustainable…
Papua New Guinea’s Minister for Petroleum Jimmy Maladina, has invited Italian energy giant Eni to explore investment opportunities in PNG’s petroleum sector. Highlighting the country’s vast resource potential and upcoming licensing bid rounds for new exploration blocks. As part of the ongoing Production Sharing Contract (PSC) feasibility consultations, Minister Maladina and his delegation engaged with a wide range of stakeholders, including existing contractors operating in the region. One such company was Eni Asia Pacific, a major player in deepwater exploration and development. During discussions with Mr. Roberto Daniale, Head of Eni Asia Pacific, Minister Maladina emphasized PNG’s commitment to fostering…
The Investigation Team for the investigation into East New Britain Palm Oil Limited (ENBPOL) submitted the final report of the investigation to the Minister for International Trade and Investment Richard Maru. The report was submitted by the Deputy Chairman of the Investigation Team, Mr. Tony Waisi. Minister Maru highly commended the team led by Chairman Mr. David Mather and Deputy Chairman Mr. Waisi who completed the investigation and finalized the report in the record time of three months. “The final report consists of the findings based on the Terms of Reference of the investigation and the recommendations arising from the…