Deputy Prime Minister & Minister for Commerce and Industry, Hon. Samuel H Basil, MP this week flagged that the Marape-Basil Government has commenced a review exercise and a re-think of the K200 million loans disbursement for Small and Medium Enterprises. “It is important that the impact and focus of this loans disbursement addresses not just those impacted by Covid-19 but those who are contributing honestly and directly to nation-building,” said Mr Basil. Flanked by Internal Revenue Commissioner-General Mr Sam Koim and Investment Promotion Authority Managing Director Mr Clarence Hoot, Mr Basil said: ”100% IRC tax compliance by Small and Medium…
Author: PNG Haus Bung
Ela Motors PNG continues its support to the Port Moresby Nature Park with a donation of a 26- seater bus presented to the Park last week. The donated bus would especially assist Nature Park’s Education team in ensuring students in and around NCD and Central province are transported safely to and from the Park to attend its School Excursion programs. Port Moresby Nature Park’s General Manager, Mr. David Thompson on behalf of CEO Michelle McGeorge, expressed great thanks to the Management of Ela Motors PNG for continuing its support to Port Moresby Nature Park. “We appreciate the timely donation as…
Wabag in Enga Province is deemed the least populous provincial capital in the country. It is situated on the Lai River and the Highlands Highway passes through the town between Mount Hagen and Porgera. Nestled in this town, is one of Bank South Pacific Financial Limited (BSP) top mobile merchants Esrae Trading, an active advocate for cashless ecosystems and a frontline financial inclusion touch point, educating its consumers on the convenience and economic benefits to pay using mobile payments. This SME retailer continues to influence the payment landscape by driving cashless payments through Mobile Payments, they burst on the scene…
PAPUA New Guinea has secured what could be described as the “best price” arrangement in decades for round logs export with an overseas firm. Forest Minister Walter D. Schnaubelt revealed a State Purchase Option (SPO) has been recently conducted between the Papua New Guinea Forest Authority (PNGFA) and a Chinese firm, Great Zone Holdings Limited in Shanghai. SPO is one of the provisions under the timber licence that the State through PNGFA is given 25% of total logs harvested annually by a timber company, the option to engage in a sale and purchase of round logs. PNGFA in this arrangement…
Nambawan Super is urging Papua New Guineans to support the Government in its preparation and rollout of a national vaccination program to combat Covid19. Chairman of Nambawan Super, Reg Monagi, said Nambawan Super is putting its people in line to be vaccinated as soon as possible and advocating for its members to be on the Government’s priority listing for access to vaccination. “The Government has NSL’s full support for the rollout of the PNG Medical and Scientific Advisory Committee approved Covid19 vaccine,” Mr Monagi said. “The Fund is concerned for the health and wellbeing of our our staff – but…
Prime Minister Hon. James Marape, MP has officially welcomed the International Professional Boxers, Roldan Aldea, Mark Sales and the World Boxing Association (WBA) Asia Match to Papua New Guinea. The team arrived on April 10 and are in 14-day quarantine at the Sanctuary Hotel in Port Moresby. “I am delighted to welcome these young fighters; Roldan Aldea, Mark Sales and their team into the country, despite, COVID-19 restrictions and strict protocol measures imposed to secure best healthcare for all during their stay in our country,” PM Marape said. “I understand from the Oceania Fight Promotions (OFP) management standpoint that the…
BSP PNG | Bank South Pacific Financial Group Limited, formerly known as Bank South Pacific Limited is commemorating the annual World Earth Day among billions around the world. BSP through its GO GREEN initiative recognises the annual Earth Day by supporting innovative ideas that promote environmental resilience. The bank joins the global community to show support for Earth Day with the goal to continuing its tradition with multiple projects that will look toward keeping our community sustainable and environmentally sound for the next 50 years. BSP Corporate Sponsorship Manager Amelia Minnopu announced this saying, “Earth Day is an important moment…
Major telecommunications company Digicel PNG has renewed it’s naming rights sponsorship of the country’s premier rugby league competition – Digicel Cup- for a further two years to 2022. Digicel (PNG) Senior Vice President Lorna McPherson said the company exercised it’s option to renew this sponsorship for 2021 and 2022 after the initial three year term was up at the end of the 2020 season. “Digicel has been proudly supporting PNGs premier professional rugby league competition since 2011 and in 2017 renewed it for another three years which ended last year,” Lorna said. “We are happy to announce that we will…
PNG has recorded eight new Covid-19 deaths in the last 24 hours, increasing the countries Covid-19 death toll up to 99. The deaths were reported in Milne Bay and in the NCD. Milne Bay recorded five deaths, while NCD recorded three deaths. Also in the last 24 hours 141 new cases, bringing the total number of Covid-19 cases up to 10, 388. The cases were reported in 14 provinces, including the Autonomous Region of Bougainville. Continue to practice the covid-19 safety protocols
Minister for Immigration and Border Security, the Hon. Westly Nukundi Nukundj, MP has today commended Parliament on the passage of legislation to amend the Immigration and Citizenship Authority Act and the Employment of Non- Citizen’s Act. “These amendments will enable the transfer of the work permit function from the Department of Labour and Industrial Relations to the Immigration and Citizenship Authority. This delivers on the long-standing commitment of successive governments to establish a true one-stop-shop for the administration and regulation of foreign workers”, Mr Nukundj said. Speaking earlier today, the Minister noted that these amendments were first proposed as far…