Papua New Guinea’s leading superannuation provider, Nasfund, has partnered with one of the country’s leading insurance provider, Capital Insurance Group Limited, CIG, to provide more value for Nasfund contributors. Through the Fund’s Membership Discount Program (MDP), Nasfund members can now enjoy discounted rates on the following general insurance products offered by CIG; Homeowners / home insurance, Motor insurance – Private and commercial, and Plant machinery & equipment CIG Group Chief Operating Officer Roger Baweja said this partnership seeks to provide outstanding value for Nasfund contributors, especially as we try to survive this most challenging economic environment. “Capital Insurance Group has…
Author: PNG Haus Bung
The district of Samarai Murua welcomed its first load of district services materials for this new term of parliament in a barge from Port Moresby this week. The barge left Motukea wharf last week Friday and travelled three days and nights before arriving in the district centre at Bwagaoia Station, Misima Island on Monday this week. Samarai Murua MP Hon. Isi Henry Leonard who officially discharged the barge from Motukea, was again on hand to receive the barge on Misima Island. He flew in to Alotau over the weekend and travelled by boat to Misima with his team to receive…
Victorians are being warned a storm forecast to be the biggest of the year could cause flooding across the state on Thursday. Premier Daniel Andrews said full catchments and saturated ground had elevated the flood risk across the state. “Even a minor amount of rain would be a risk in terms of flooding, but it’s not a minor rain event that we are forecasting,” Mr Andrews said. “It’ll be significant rainfall in certain parts of the state and that will pose a flooding risk to communities in lots of different places.” The effects of a third successive year of La Niña are being…
The proposal was ambitious: to turn a remote, overgrown Pacific island into a private city, built entirely on cryptocurrency. People buying real estate on the island wouldn’t get traditional land deeds. Instead they would receive digital non-fungible tokens (NFTs), which have more famously been used to certify artwork. “One day I got contacted, and [was asked]: ‘Hey, would you be interested in running operations? We’ve got this great idea’,” Mr Troyak said. Mr Troyak was hooked. Without visiting Vanuatu where the project would be based, he agreed, becoming the project’s logistical director and spokesperson. Earlier this year, Mr Troyak shut his busy Surry Hills cafe and…
South Pacific Brewery had an impressive finish in the 2022 Corporate Bowls challenge over the weekend by claiming the Plate shield. SP Brewery beat an experience Lae Medical Services side, 18 points to 6 to claim the title. The team attributed the victory to the spirit of “brewing the joy of true togetherness”. “We played as a team and our team spirit was always on point therefore, we won despite being a newcomer to the competition,” says SPB staff and player Nellie Sikat. “Almost every one of us on the team did not know much about bowling, but we gradually…
Brian To’o and Jarome Luai have revealed how a pact to replicate Tonga’s rise at the 2017 World Cup inspired some of NRL’s biggest stars to commit to Samoa and are backing the Pacific nation to upset England in the opening match. To’o and Luai are among six members of Penrith’s premiership winning team in the star-studded Toa Samoa squad, which includes State of Origin props Junior Paulo and Josh Papalii and teen sensation Joseph Suaalii. Luai, Paulo and Papalii played for Samoa in 2017 but the Pacific nation didn’t win a match, while Tonga shocked New Zealand to turn…
As part of its member engagement, Nasfund participated at the 59th Morobe Show. Hosted at the Lae showground on Saturday 8th, and Sunday 9th October 2022, this event saw close to 1,500 Nasfund members from across Morobe and neighboring provinces, access the Fund’s services. Nasfund Chief Executive Officer Ian Tarutia thanked the Fund’s members for utilizing this service at this event. “Morobe Province accounts for over 111,000 Nasfund members from across 300 employers, which constitutes approximately 18% of the Fund’s total membership. The 59th Morobe Show provided a wonderful opportunity for the Fund to interact with our members, some of…
PNG Pepes, our national netball team is all set to attend the 2nd Pacific Netball Series (PNS). PNG Netball would like to thank PNG Sports Foundation through its S&C Coaches for partnering with Netball PNG in preparing this team. Netball Australia, under the PacificAus Sports program will host these games from 13th October to 21st October 2022 in Sunshine Coast, Australia. NPNG would also like to thank Netball Australia for creating pathways and platforms to strengthen High Performance programs. Pepes depart our shores on Wednesday 12th October and return Saturday, 22nd October 2022. PNG will be playing against other Pacific…
Barrick Chief Executive Mark Bristow, in PNG for quarterly operational reviews, said that the incorporation of New Porgera Limited (NPL) on 22nd September, following execution of the New Porgera Shareholders Agreement by Barrick (Niugini) Limited, Kumul Mineral Holdings Limited and Mineral Resources Enga, marked an important step towards the long delayed restart of the Porgera mine. Once certain conditions are fulfilled, the company intends to apply for a new Special Mining Lease (SML) in coming weeks. Bristow said that New Porgera will work with the State and the Mineral Resources Authority (MRA) to ensure that the SML application process proceeds…
It took scientists 375 years to discover the eighth continent of the world, which had been hiding in plain sight all along. But mysteries about the land mass still remain. As we head towards the end of another extraordinary year, BBC Future is taking a look back at some of our favourite stories for our “Best of 2021” collection. Discover more of our picks here. It was 1642 and Abel Tasman was on a mission. The experienced Dutch sailor, who sported a flamboyant moustache, bushy goatee and penchant for rough justice – he later tried to hang some of his crew…