News

Census materials worth over K15 million destroyed by fire

The delayed PNG Population and Housing Census will be the most expensive ever, after the materials procured was destroyed by fire in the recent unrest on January 10.    

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Millions of Kina will be poured into the economy by Porgera Gold Mine

Start of gold mining in Porgera Valley, Enga Province is expected to boost the local economy and also bring in much needed foreign currencies into the reserves.

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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.

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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.

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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.

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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.

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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. 

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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.

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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. 

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