Contributors to NASFUND Savings and Loan Society now have the option of accessing their funds more conveniently with the launch of NCSL’s PORO Debit Card today. The card, together with its own EFTPOS terminal were launched today by NCSL Chairman, Ian Tarutia.Read more
Bulolo MP, Sam Basil, today officially began his duties as the country’s treasurer – this followed a handover-takeover ceremony with outgoing treasurer, Charles Abel. Whilst commenting the work of treasury in the last two years, Minister Basil is also committed to continuing reforms started by Minister Abel. Among his first priorities, providing a comprehensive update on the state of Papua New Guinea’s economy.Read more
After handing over the reins of the Treasury Ministry to Sam Basil, Charles Abel officially took charge of the Department of Finance today. When addressing Department staff, Minister Abel called on each individual within this key economic department to maintain high professional standards.Read more
The People’s Party has reaffirmed its support to Prime Minister, James Marape. Party Founder and Enga Governor, Sir Peter Ipatas, explained the party’s position saying that the party now stands ready to work with the new Prime Minister to bring about much-needed change.Read more
Heads of five government departments and state agencies today signed their employment contracts. These include Secretaries for the Departments of Finance, Treasury, and National Planning; their contracts – for a period of four years.Read more
Attorney General Alfred Manase, this morning announced the country’s new Chief Magistrate in the presence of several senior magistrates and member of the Department of Justice and Attorney General. Chief Magistrate Pupaka takes over from Nerrie Eliakim, whose contract has expired.Read more
Bougainville Copper Limited (BCL) – operators of the former Panguna Mine, have once again reaffirmed their commitment to the mine. Speaking to EMTV News, BCL Chairman, Sir Melchior Togolo, says despite perceptions of division between different factions of landowner groups, the ABG, and other interest groups – BCL believes it has the necessary support to ensure a successful redevelopment of Panguna.Read more
It was all smiles for Nambawan Super, as the Superfund celebrated the completion of the Nambawan Super Plaza.
Located in Downtown Port Moresby, this new development – a partnership between Nambawan Super and Lamana Development, was completed on time and within cost.Read more
The Parliamentary Bipartisan Committee on Bougainville Matters today conducted a public hearing in Port Moresby following similar hearings in Rabaul, Lae and Goroka. Among the agenda, updates on the progress by the Bougainville Referendum Commission – the body tasked to facilitate and deliver the referendum exercise in the Island Region later this year.Read more
The Ministerial resignations in the last three weeks have turned the attention of many Papua New Guineans back to national politics.
The actions by former Finance Minister, James Marape, former Attorney General, Davis Steven, and most recently the resignation of a handful of Highlands Governors from the ruling People National Congress. All these decisions on the eve of the next parliament sitting, which begins next week.
The Writs for 6,375 Local Level Government Elections were issued this morning, to begin the formal election process for ward councillors throughout the country. The elections, delayed by a year, seemed to be on track, with Inter-Government Relations Minister Kevin Isifu signing the final writs to allow for the commencement of the LLG Election process at 10am this morning.Read more
Teachers Savings & Loan Society today announced a bonus interest payment for its estimated 50,000 members – most of them employees within the public education sector. Deputy Chairman Sam Nalong delivered the good news – with this latest interest payment bringing the total interest paid for 2018 to just over K26 million.Read more
Within the last few weeks, all major superannuation funds announced their full year results for 2018. While the message of saving has been at the forefront of their awareness to contributors, there have also been concerns raised on the level of tax imposed on member contributions.Read more
Prime Minister Peter O’Neill, has offered the condolences of the Nation to the people and Government of Sri Lanka following a series of devastating terrorist attacks against Christians. The Prime Minister said “It is with sadness that PNG had received news of the terrorist attacks in Sri Lanka this Easter Weekend.”He adds that at a time when Christians were in prayer on one of the most Holy days of the year, this is a most callous act of violence against the innocent, many people have been killed and injured while in prayer and honouring their faith and the resurrection of Jesus Christ.Read more