Tropical cyclone Irene is causing flooding and power cuts in Vanuatu’s main city and closing roads. RNZ Pacific’s correspondent in Port Vila said there’s flooding in some areas of the capital and road blocks caused by fallen trees. Hilaire Bule said some parts of Port Vila were enduring power cuts, and that Irene has damaged fruit trees such as avocado and banana. The Vanuatu Meteorology and Geo-Hazard Department said Irene is expected to hit the Island of Tanna, in south Vanuatu at midday Thursday local time. A red alert is in place for Tafea, Shefa and Malampa provinces, while Penama…
Author: PNG Haus Bung
BSP Financial Group Limited (BSP) is the first corporate organization to throw its support behind the Motu Koita Assembly in hosting the 2023 Hiri Moale Festival. BSP commenced its partnership with the Hiri Moale Festival Committee in 2021 and is proud to support the festival for a third year running. BSP Corporate Sponsorship Manager Amelia Minnopu presented a cheque of K30, 000 to the Motu Koita Assembly (MKA) on Wednesday 18th January 2023, as silver sponsors of this annual prestigious Motuan cultural event – the 49th Hiri Moale Festival. “As you all know, culture and traditions are a big part…
New Ireland Governor Sir Julius Chan is back in the country again after undergoing several operations in Brisbane Australia. He stepped right back into formal duties as soon as he arrived back on Sunday the 15th of January and throughout the week to attend to parliament duties. Amidst Parliament sitting on the 17th of January, Sir J made time to meet with interim CEO for Newcrest mining Sherry Duhe and Interim Chief Operating officer Craig Jones. Ms Duhe who is most likely the first female head of any resource and energy sector company operating in the country and has extensive…
Kina Bank and Links of Hope continue their partnership into 2023 with a donation of K100,000. The partnership between Links of Hope and Kina Bank arose from the late Nancy Moka, who was a founding board member and active volunteer living on site to support children who had lost parents HIV. When she passed from Covid in 2021, Kina Bank discovered her deep ties to Links of Hope and has since then has made a commitment to continue late Nancy’s legacy with the annual donation. Kina Bank continues to honour her memory and support her legacy through this annual donation…
Standing in the shadow cast by the statue of Rugby League Immortal Arthur Beetson, Kenny Bromwich said he was excited to take part in a special match that would see a dream of the pioneering player realised. The Dolphins take on the Sydney Roosters in their inaugural match at Suncorp Stadium in Round 1 of the 2023 season, with Beetson having played for both clubs during his storied career, writing in his book that his dream was to one day see the Dolphins play the Roosters in the NRL. “There has been a little bit of talk (about Round 1 already), especially…
Prince Harry’s memoir Spare has become the fastest-selling non-fiction book in the UK since records began in 1998. The much-publicised book sold 467,183 copies in its first week, according to official figures from Nielsen BookData. The book, which was written with celebrity ghostwriter JR Moehringer, went on sale on 10 January. Most of the revelations in the book leaked early after some copies went on sale in Spain several days before the official publication date. But that does not appear to have damaged sales of Spare. The only books to have enjoyed higher first-week sales since Nielsen’s records began were…
China’s population has fallen for the first time in 60 years, with the national birth rate hitting a record low – 6.77 births per 1,000 people. The population in 2022 – 1.4118 billion – fell by 850,000 from 2021. China’s birth rate has been declining for years, prompting a slew of policies to try to slow the trend. But seven years after scrapping the one-child policy, it has entered what one official described as an “era of negative population growth”. The birth rate in 2022 was also down from 7.52 in 2021, according to China’s National Bureau of Statistics, which…
British billionaire Sir Jim Ratcliffe’s firm Ineos has officially entered the race to buy Manchester United. United’s owners the Glazer family said in November that they were considering selling the club as they “explore strategic alternatives”. Ineos said the company had “formally put ourselves into the process”. Ratcliffe made an unsuccessful late £4.25bn offer to buy Chelsea last year after owner Roman Abramovich put the London club up for sale. Born the son of a joiner in Failsworth, in Greater Manchester, Ratcliffe is a boyhood fan of United and one of the UK’s richest men. He said he would have tried to…
Papua New Guinea’s economy through the course of 2022, has experienced higher levels of activity post the COVID-19 period. To maintain this shift in momentum, government needs to accelerate foreign direct investment (FDI) in 2023. According to the 2022 BSP Quarter 4 Pacific Economic and Market Insights Report, the Pacific region’s economies collectively grew by 5.3% in 2022, mainly driven by growth in PNG’s mineral sector and Fiji’s tourism sector. In 2023, all Pacific economies are expected to post positive GDP growth, with regional growth of 4.8% as the recovery in some countries stabilizes. BSP Acting Group Chief Executive Officer…
“We understand that a lot of our customers cannot make it to our branches during week days to pay for school and tertiary institution related fees therefore BSP, as in past years, has allowed for selected BSP Branches to be open on Saturdays for ‘Back-to-school’ needs, commencing this Saturday 21st January, 2023,” announced Deputy General Manager for Retail – Sales and Customer Service Delivery, Peter Komon Twenty-eight (28) selected branches around the country will open their doors for the next five (5) Saturdays, commencing 21st January to 18th February, 2023, from 9am to 1pm. These branches are; Buka, Arawa, Kokopo,…