News
BPNG says no to Puma Energy US$50 million [K176 million] request for fuel ‘comfort’
Governor of the Bank of Papua New Guinea, Elizabeth Genia said the BPNG cannot sign a ‘comfort letter’ that would guarantee Puma PNG a minimum monthly intervention of USD 50m (K176 million) solely to fulfil their foreign exchange orders.
Cracks appear within the Marape Government
After nearly five consecutive years in power, cracks are now opening in the ruling executive government, with the resignation of a state minister.
Puma Energy puts temporary lid on fuel supply
The decision by a major supplier of petroleum products in the country to impose a temporary restriction lid on its supply as of midnight, Thursday 25th January 2024, with impacts of this to be felt across the economy.
Widespread flooding in West New Britain cuts off parts of New Britain Highway
The torrential rain currently being experienced in parts of the country has wreaked havoc in West New Britain Province.
State of Emergency in Port Moresby ends at midnight
The National Executive Council sanctioned 14 days State of Emergency [SOE] in Port Moresby will end tonight.
PM Marape says the independence of constitutional offices will remain
Papua New Guineas watchdog office, the Ombudsman Commission maintains it is an independent office free of any political interference.
8th PNG Games date yet to be announced by PNG Games Council
A confirmed date and venue for the biannual mini Olympics of Papua New Guinea is still hanging with a question mark.
Teachers warned of ‘scammers’ as they resume for the 2024 academic year this week
Educated Papua New Guineans turning to cash bribery are falling victims to scammers.
NCDC orders the closure of Gerehu market
The National Capital District Commission [NCDC] has issued an order for the closure of the public market in the Gerehu Suburb of Port Moresby's North-West Electorate.