From across Papua New Guinea
Landowners of the Rigo Rice Project in Central province want their land given to the state to benefit them over the duration of the business venture. The customary proprietors from the Talova clan of Niuiruka in Rigo also demand that the land be returned once the project ends. They are concerned due to past experiences […]
A survey conducted by the Bank of Papua New Guinea [BPNG] indicates a decline in business confidence in the country. Bank of PNG Governor Elizabeth Genia reveled this recently when presenting the March 2024 BPNG Monetary Statement in Port Moresby. “Bank of PNG business sentiment survey conducted in January 2024, indicate decline in business confidence […]
Opposition is challenging the executive government to revive the economy from “life support”. Kerenga Kua, the shadow Minister for International Trade and Investments [picture insert] said all members of parliament should be shocked to learn that over 90 companies in the country have begun the process of liquidation in the past year. He made this […]
Maivo Lafanama’s long run to the National and Supreme Court bar ended on Friday when receiving his law practicing certificate, among 126 new lawyers. The National Broadcasting Corporation [NBC] journalist is now a lawyer after years of walking through the corridors of the Waigani courts as a reporter. NBC Managing Director Mr Kora Nou […]
A Papua New Guinean by heart, Katherine Johnson describe her citizenship recognition as a “precious gift”. The 68-year-old, is the heartbeat behind the Operation Open Heart, since its inception giving Papua New Guineans an opportunity to get heart surgery in country, and a second chance to live. She was part of the list […]
The National Broadcasting Corporation [NBC] ran a news story on 5th March 2024, titled “National Court refuses OTML media gag,” in which we claimed that the presiding Judge had not found anything defamatory about the publication of the original story. It has since been established that was not the case, and the Judge had not […]
Bank of Papua New Guinea have forecasted a five percent increase on consumer price index [CPI] for 2024. Bank of PNG Governor Elizabeth Genia admits inflation will continue, on the back of a weaker PNG Kina against United States Dollar and in the “next 6 months we [BPNG] will have to make some tough policy […]
The Bank of Papua New Guinea now have a full board following recent appointments by the National Executive Council of four additional members, increasing the full ceiling to nine. Board chairman David Toua said the caliber of recent appointees brings much needed experience and expertise to the board. “First time under my tenure as chair, […]
Papua New Guinean’s will continue to dig deeper into their pockets to pay for basic food items. The increase in cost of living will continue in 2024. Bank of PNG Governor Elizabeth Genia admits inflation prices will continue because of the depreciation of the Kina against United States Dollars, which is the major international trading […]
Impacted communities surrounding the Panguna mine say they want the Bougainville Copper Limited (BCL) to conduct a proper cleanup of its wastes in their community before it can continue to operate any new activities in the mining lease area. The autonomous Bougainville government granted Exploration License (EL01) to the BCL early this year to conduct […]