Kina Bank has launched a market leading on-line savings account that will pay monthly interest of up to 4 per cent a year. The Tomorrow Savings Account will provide a major incentive for people to save towards that special future goal. The bank’s Executive General Manager Banking, Lesieli Taviri, said current customers could open the account with as little as K50. The maximum balance is K250,000. A range of fees had also been dropped for this account. Interest will be calculated daily and paid monthly. Account holders can make up to 4% interest per annum if they make at least…
Author: PNG Haus Bung
Port Moresby Nature Park in collaboration with Lae Biscuit Company has successfully wrapped up its 5-weekend long family event called the Lae Biscuit Fairies in the Park event on Sunday 8th of August. The event, sponsored by Lae Biscuit Company with the assistance from supporting sponsors and prize sponsors, had been received well and enjoyed by the majority of families visiting the Park since July 10th when the ‘Fairy Village’ officially opened to the public. Children as young as a year old could be seen with their parents enjoying the various activities that were staged during the duration of the…
National Book Week celebrations at Kopkop College ignites imagination and creativity amongst the students and helps them understand the importance of appreciating books. Under the theme “Lock-down, Stay Safe and Read Books”, Kopkop College observed the 2021 National Book Week through a number of activities including paying a visit to the National Library with other schools in NCD. Apart from the library visits, Kopkop College students also took part in poster competitions, watched educational films, had lively reading sessions, wrote and read poems, did role plays, book reviews and ended the week with a book character costume parade. PNG writer…
With the aim of preparing its future workforce, the National Superannuation Fund (Nasfund) commenced awareness for its Graduate Development Program (GDP) 2022. The first GDP awareness session was held at the University of Papua New Guinea (UPNG) on the evening of Friday August 6th, 2021. This session saw final-year students from across all UPNG Faculties in attendance, to learn about the opportunities on offer through the GDP, as well as the selection criteria for this program. For the Fund’s Chief Officer Human Capital, Vincent Lialu, the decision to begin the GDP 2022 awareness was to ensure that eligible final-year students…
Through a new initiative called ‘Safe and Clean Central Business District,’ the National Capital District Commission has engaged youth civic responsibility to restore the pride of Gordons Suburb in Port Moresby. NCDC Social Services Director, Janet Haua said they had engaged combined manpower of youths based at Erima, 5-Mile and Gordons to restore urban safety and security and maintain cleanliness of shop fronts, bus-stops, footpaths and public spaces at Erima and Gordons. She said the youths were also controlling the local traffic flow and assisting the police to maintain law and order in the areas. “As our youths are transiting…
Cricket PNG today announced a three-year digital partnership with Australian sports technology and media company, InteractSport. The vision of Cricket PNG is to ensure cricket is the sport for everyone, inspiring positive change. Partnering with InteractSport, using their FrogBox platform, allows online streaming of games to all of PNG, and as adoption of technology increases, so does the reach of cricket. CEO Greg Campbell spoke of the alignment with the strategic plan for Cricket PNG where profile enhancement has been highlighted. “We made a commitment that we want to make cricket available to the people of PNG. With this partnership,…
East New Britain Province’s education sector this week received infrastructure projects worth close to K10 million kina funded by the European Union through the Papua New Guinea -European Union Development Cooperation. Raval and Kabaira Technical Vocational Education Centers are part of the ten TVET centers in the country that have benefited from the Human Resource Development Programme Phase 2 (HRDP.2), a programme under the 10th European Development Fund (EDF). The HRDP.2, implemented by the National Department of Education aims to promote the development of human resources by improving the education system. The implementing agency works in close consultation with the…
East New Britain Province becomes the fourth province in Papua New Guinea to sign a Memorandum of Understanding (MoU) with the Centre for Excellence in Financial Inclusion (CEFI). The MoU was signed by Assistant Governor, Financial System Stability Group, Bank of PNG – Ellison Pidik, on behalf of the Governor of Bank of PNG and Chairman of CEFI, Mr. Loi Bakani, and Governor East New Britain Province Nakikus Konga. The signed MoU will promote the integration of financial inclusion in the East New Britain administration planning and implementation processes and also build the capacity of East New Britain Province administration…
It was the closure of the Bougainville Panguna Mine in 1989 by the BRA Rebel, Leader Francis Ona that lead to a protracted war, loss of 20,000 lives and 40% of PNG GDP wiped out that inspired young PNG surfer, Andy Abel schooling on the Sunshine Coast, Queensland Australia to have a vision to create his home grown Abel Reverse Spiral Model and policies that now underpin the growing success of the Surfing /Surf tourism industry in Papua New Guinea underpinned by the SAPNG Surf Management Plan (SMP) which is unique to Papua New Guinea. Fast forward 2021, The Surfing…
The Isuzu Lewas T20 Bash was dominated by the two Cricket PNG Board XI Lewas, Naoani Vare and Tanya Ruma during yesterday’s double header at Amini Park. Both women have been in good touch and were again yesterday, untroubled by the Lewa Legends bowling attack. In the morning game, the Cricket PNG Board XI were sent into bat by the Legends and opened with Naoani Vare and Baia John.They shared in an opening partnership of 64 before John was run out by Hannah Kalua for 34 of just 38 balls with three boundaries. The wicket however did not relieve the…