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Yangoru-Saussia District Mama Bank members can start applying for loans

Members of the Women’s Microbank in Yangoru-Saussia District can start applying for loans from the bank starting this week. A Memorandum of Agreement [MOA] between the Women’s Microbank and the Yangoru Saussia District Development Authority was signed today and this agreement now establishes a new loan scheme supported by a credit guarantee plan. The Women’s […]

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Peter Yama granted leave to progress election petition to substantive trial at the Supreme Court

People in Madang have been urged to remain calm as the election petition challenging the win by Provincial Member Ramsey Pariwa progresses. Today a supreme court bench granted leave to petitioner and former MP Peter Yama to progress his petition to substantive trial at the Supreme Court. This follows a dismissal of an objection to competency filed by the current provincial […]

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Aiton: we need the 2 points

PNG Hunters are cued-up to face Brisbane Tigers as they look to conclude the regular round with a strong finish on home soil. The seventh-placed Hunters have not locked in their finals spot with the two remaining games crucial to determine their fate. Hunters coach Paul Aiton said they have not slid away from their […]

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Businesses in Port Moresby remain resilient after Black Wednesday

Businesses affected during the black Wednesday event earlier this year have been very resilient. President of the Business Council of Papua New Guinea (BCPNG) Susil-Nelson Kongoi said this is despite losing millions as a direct result of this event. The BCPNG, with the assistance of Price Warterhouse Coopers through a survey, got positive feedback from […]

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PASCA project expected to generate first revenue by 2028

Papua New Guinea’s soon to be offshore gas field in the Pasca A Project looks set to yield first revenue by 2028 if the government awards the gas agreement and petroleum development license before the end of this year. The project managed by Twinza Oil is expected to generate at least K30 billion for the […]

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Commodity prices to look positive in the next 18 months: BPNG Chairman

Prices of some of the countries key agricultural commodities are at record levels. Coffee prices are at their highest points since 2022, and cocoa is at the highest price in a decade with no sign of declining. Chairman of the Bank of Papua New Guinea [BPNG], David Toa when addressing the PNG Investment Conference in […]

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Angoram massacre prime suspect surrender

A prime suspect of the recent Tambari massacre in East Sepiks Angoram District surrendered to police yesterday [Monday] afternoon. East Sepik Provincial Police Commander Superintendent Christopher Tamari says the gang leader Jerome Malaki gave himself in to Angoram police and Wewak CID at 5pm as a widespread police manhunt continues mounting more pressure on the […]

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PMIZ won’t work unless there is fish to process: RD Corporation Chairman

Plans to develop the Pacific Marine Industrial Zone [PMIZ] will not work unless the Joint Venture [JV] company has fish to process. Chairman of RD Corporation Roy Rivera says they are still struggling to meet the demand of their customers both domestically and internationally. “In PNG, we cannot meet the local market demand because we […]

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76 students to study in USA under government’s STEM program

A total 76 students from various Schools of Excellence have been selected under the government’s Science, Technology, Engineering and Mathematics [STEM] scholarship program to study in the United States. Prime Minister James Marape hosted a dinner at Port Moresby’s Hilton Hotel to farewell the students on Sunday night. He Highlighted that the STEM scholarship is […]