The Minister for Works and Highway, Solan Mirisim has been questioned about the Roads in Ijivitari District and Eastern Highland Province by Member for Ijivitari and Member for Kainantu on their funding to construct and fix up the roads in the district and province. Member for Ijivitari David Arore raised two questions, which are when will the Ministry of Works and Highway release the funding for the roads in his district and who will compensate the landowners that will be affected by the construction of the road that will go through their lands, gardens or houses. Mr. Arore stated that…
Author: Maxine KAMUS
Prime Minister James Marape provided a detailed response in Parliament to a supplementary question from Chuave MP James Nomane regarding the Government’s borrowing and fiscal management. The question centered on how government departments were funded in 2024 despite revenue shortfalls, why the Government borrowed K3.9 billion last year, and whether commitments made to districts—including North Fly. In his response, Prime Minister Marape stressed that all borrowing was carefully planned and managed within the fiscal framework, ensuring responsible debt management while maintaining essential government services. “The K3.9 billion borrowed last year was not reckless. It was part of our structured financing…
The final report of Investigation into the East New Britain Resource Group was presented at Parliament by Minister for International Trade and Investment Richard Maru. The Investigation is about the East New Britain Resources Group’s (East New Britain Palm Oil Limited, Tzen Niugini Limited and Tzen Plantation Limited) and their dealings and business conduct towards the local oil palm growers in East New Britain Province. Minister Maru said this is a very important investigation for the Government and it is the first time in the country’s history that the Government is investigating the price of oil palm upon receiving complaints…
CPL Group, through its retail chain brand Stop & Shop, has donated 40 cartons of City Pharmacy water to the National Office of Child & Family Services. The donation, made on Wednesday, 12 March 2025, demonstrates CPL Group’s commitment to supporting community initiatives that safeguard the well-being of Papua New Guinea’s children. CPL Group stated that the water donation will be utilized during community outreach programs and awareness activities aimed at promoting child protection and family welfare. “By providing essential resources, CPL Group is contributing to the collective effort to protect vulnerable children and strengthen family services across the nation,”…
The National Superannuation Fund (Nasfund) is pleased to announce its audited results for the year 2024, continuing to deliver strong financial performance and positive returns for over 715,000 members. The fund will be paying an interest crediting rate of 11.75 percent which amounts to K839 million for the 2024 financial year that will be allocated to over 715,000 member accounts this weekend, reinforcing the Fund’s commitment to growing members’ savings despite economic challenges. Nasfund Chairwoman, Tamzin Wardley stated that the audited financial results were approved by the Trustee board on March 13, 2025. “Reporting New Asset Value (NAV) of K8.1…
Member for North Bougainville, Francesca Semoso is the first woman in the history of Papua New Guinea to preside over the House of Parliament as Assistant Speaker in today’s Parliament Sitting. As Papua New Guinea prepares to celebrate 50 years of independence this is a sight that will go down in the history books of the country. Given the speaker or Assistant Speaker presides over the Parliament House’s debates, determining which members may speak and which amendments are selected for consideration. This is something that must be commended as the Government makes this bold decision to give this opportunity to…
THE Passage of the National Petroleum Authority Bill marks the beginning of a new era for PNG’s Petroleum Industry. PNG National Parliament on Wednesday has passed the National Petroleum Authority (NPA) Bill, a landmark legislative reform that will transform the government and management of the country’s petroleum sector. Minister for Petroleum Jimmy Maladina has welcomed the passage of the Bill said this is a historic moment for Papua New Guinea’s petroleum industry. Mr. Maladina said the passage of the NPA Bill marks a new dawn, one that will bring greater efficiency, transparency and accountability to the sector. “This reform is…
National Petroleum Authority Bill 2025 will transform the Department of Petroleum into an Authority with a Board, a Managing director to manage the Petroleum, Gas and Hydrocarbon industry of this country. Provincial Member for Southern Highlands William Powi expressed during Parliament yesterday when Petroleum Minister presented the Petroleum Bill on the floor of Parliament. Mr. Powi commended the Minister for Petroleum and the Government for introducing the Bill and stated that the Bill is timely, and they need to be compatible with the industry. “We cannot have a government department competing well advanced people with Technology and the know-how, so…
The PNG Chamber of Resources & Energy (PNG CORE), in collaboration with the Mineral Resources Authority (MRA), participated in the 2025 Prospectors & Developers’ Association of Canada (PDAC) convention, held in Toronto, Canada, from March 2-5. PDAC is the world’s largest mining conference, attracting over 27,000 delegates and featuring more than 1,100 exhibition booths. PNG CORE stated that the combined booth of MRA and PNG CORE was supported by expert geologists and industry executives who spent three and a half intense days engaging with the international investment community. They addressed concerns and attracted significant investment interest to Papua New Guinea.…
Member for Hiri-Koiari Keith Iduhu attended and proudly supported the second-ever graduation ceremony of students from the Mount Koiari Flexible Open Distance Education (FODE) Centre in Manari. He commended the resilience and determination of the students who overcame the extreme remoteness and challenging terrain of the Kokoda Track to complete their secondary education. Speaking at the event, Mr. Iduhu congratulated the graduating students and acknowledged the significance of FODE in providing life-changing education opportunities to remote communities. “This is a moment of great pride for all of us. These students have faced incredible challenges to complete their studies, and their…