The Internal Revenue Commission (IRC) has officially launched Project Master, a nationwide audit initiative designed to strengthen compliance with Salary and Wages Tax (SWT) obligations across Papua New Guinea. IRC Commissioner General Sam Koim stated that as part of this major enforcement effort, 65 entities have been identified and will be receiving formal audit notification letters this week in the initial phase. “These audits will focus on verifying the accuracy of tax calculations, application of the salary packaging policy, exemptions under the Citizens First Home Buyer scheme, the timely lodgment of SWT returns, and the full disclosure of employee tax…
Author: Maxine KAMUS
Mineral Resources Madang (MRM), a subsidiary of the Mineral Resources Development Company (MRDC), has provided a K50,000 sponsorship for the Madang Town Basketball Association (MTBA) to facilitate its 2025 season. MRDC stated that the initiative is part of MRM’s commitment to community development, aiming to engage youth in positive sporting activities and reduce social issues. The sponsorship was formally presented by MRM directors to MTBA officials at the Laiwaden basketball courts in Madang. Gary Litz, President of the Madang Town Basketball Association, praised the contribution. “This amazing support has truly brought our basketball community together. The K50,000 will be instrumental,…
Mineral Resources Madang (MRM), a subsidiary of the Mineral Resources Development Company (MRDC), has delivered a fully kitted ambulance to serve the people of Ward 22 in the Bundi district of Madang Province. MRDC stated that the ambulance, purchased with a combined K298,000 (K98,000 from MRDC and K200,000 from MRM), will be managed by the Madang Provincial Health Authority (PHA) and stationed at the Enekwa Health Centre. “It is fully equipped with basic medical supplies and will serve approximately 7,000 people in remote areas,” MRDC said. MRM Director John Tigavu emphasized the critical impact of this contribution and said the…
As the OFC Women’s Nations Cup in Fiji approaches this July, both Papua New Guinea and Fiji are seizing the opportunity to fine-tune their squads through a series of friendly international matches in Port Moresby. PNG Football Association (PNGFA) stated that PNG Coach Eric Komeng is particularly enthusiastic about these friendlies, viewing them as crucial for his final team selection. Komeng has lauded his team’s fitness and technical prowess, noting their dedication in training. He acknowledges Fiji as a formidable opponent, especially with the inclusion of two Hekari players, Maria Veronica and Adi Litia Bakaniceva. Komeng stressed that there will…
The Porebada Community Clinc in Central province has received timely assistance from ExxonMobil PNG (EMPNG) to continue its work of providing basic health care services to the Porebada community and its surrounding communities. ExxonMobil PNG stated that under its Volunteer Program they have provided much needed projects to the impacted communities of the PNG LNG Project. “Under this Volunteer Program ExxonMobil built and donated a couple of cupboards, shelves and sitting benches to the Porebada Community Clinic, which was something the clinic needed,” EMPNG said. Porebada Community Clinic Sister in-Charge Sr. Sarah Otma said in the clinic storeroom, there is…
BSP Financial Group Limited (BSP) is participating in the Currency Conference, currently underway in Bangkok, Thailand. BSP stated that this global conference is held annually uniting influential leaders, Central Banks and Monetary Authorities as well as leading currency industry suppliers to deliberate on policies, best practices and emerging strategies and technology to manage currency. BSP’s Group Chief Operations Officer, Mrs. Nuni Kulu was a keynote speaker at the Digital Currency Workshop Wednesday, 28th May 2025. Her presentation highlighted the significant role BSP plays across the cash management cycle across the South Pacific, with a focus on balancing digital transformation with…
Prime Minister James Marape in Parliament reasserted his government’s steadfast commitment to the Connect PNG Programme. A transformative infrastructure initiative aimed at linking the nation through modern highways and roads. In response to questions raised by Opposition Leader Douglas Tomuriesa during Question Time, PM Marape emphasized that his government welcomes scrutiny and remains steadfast in its mission to develop Papua New Guinea. PM Marape addressed concerns regarding an independent investigation into the Connect PNG Programme, confirming that Deloitte, a globally recognized audit firm, has been engaged to conduct a comprehensive review. Additionally, an Australian-based engineering firm Norths Projects Ltd has…
The Marape-Rosso Government is committed to creating a more attractive business environment through investments in ease of doing business interventions by the Government and key Government Agencies, says the Minister for International Trade and Investment, Richard Maru. Minister Maru said this to members of the Government Agencies and the private sector who gathered in Lae city for the 8th Customs Business Consultative Forum under the theme, “Customs Delivering on its Commitment to Efficiency, Security and Prosperity”, hosted by the PNG Customs Service. “We all know that PNG is not an attractive place to do business right now compared to our…
The government officially launched the 2025 Inter-departmental Monitoring and Evaluation (M&E) Program in Mt Hagen city, Western Highlands province. Spearheaded by the Department of National Planning and Monitoring (DNPM), and supported by the Departments of Treasury, Finance, Provincial and Local Government Affairs and DIRD, the M&E exercise reaffirms the Government’s commitment to enhance accountability in public spending for key capital Investments over the medium term. On behalf of the Minister and Secretary, the DNPM Deputy Secretary for Programming and Monitoring Wing, Mr. Roger Kara, officiated the event alongside senior government officials, and representatives from participating agencies. Western Highlands Provincial Administrator,…
The Japan International Cooperation Agency (JICA) was pleased to attend the First Joint Coordinating Committee (JCC) Meeting for the Public Investment Managment Project in Papua New Guinea. JICA Chief Representative Matsuoka Hideaki said this Technical Cooperation Project, the Public Investment Managment Project in Papua New Guinea commenced in the last quarter of 2024 based on the Record of Discussions between Department of National Planning and Monitoring (DNPM) and JICA that was signed in August last year. “The project aims to enhance the efficiency and transparency of public investment by strengthening capacities in making project proposals, appraised and selection, and monitoring…