Day: August 5, 2022
Pangu is ready, says Marape
PRIME Minister and Pangu Pati leader James Marape says his party has won 30 seats (as of yesterday) and is preparing to form the Government with coalition partners and Independents […]
Focusing on youths
By MELYNE BAROI MILNE Bay governor-elect Gordon Wesley says the province has fallen behind on education and agricultural development opportunities and his focus would be on these two areas in […]
LOs: Review benefits
By DALE LUMA THE Ok Tedi Mining Ltd (OTML) has contributed K64 billion to the welfare of the country at the expense of the environment, says Mt Fubilan Resource Association […]
BSP increases lending rates
THE BSP Financial Group Ltd (BSP) says there will be an increase to its variable rate lending products from Sept 1, 2022. Group chief executive officer Robin Fleming said the […]
District staff threatened
By JIMMY KALEBE MANY public servants involved in the Tewai-Siassi electorate counting at Sialum station in Morobe two weeks ago have received threats, according to an official. District chief executive […]
Church asks settlers to leave
FOUR months have been given to illegal settlers on Malahang portion 354 in Lae to vacate the land voluntarily but they are still living there, says an official. Evangelical Lutheran […]
Santos commends directors for attending governance training
SANTOS has commended the nine directors of the landowner company Trans Wonderland Ltd, including managing director Larry Andagali, for attending a two-day training. The training for the directors was facilitated […]
Association pushing to increase royalty rate to 8 per cent
THE Mt Fubilan Resource Association in Western wants to see an increase in the mining products royalty rate for the Ok Tedi Mine landowners, says chairman Joshua David. He said […]
US$245 mil reserved for Ok Tedi mine’s closure plan
By SHIRLEY MAULUDU THE OK Tedi Mining Ltd (OTML) has accrued US$245 million (about K843 million) in the Financial Assurance Fund (FAF) as part of the mine-closure plan, according to […]
PNG at risk of high-debt distress: Treasurer
PAPUA New Guinea is now classified by the International Monetary Fund (IMF) and World Bank at risk of high-debt distress, says Treasurer Ian Ling-Stuckey. “As a businessman, I do not […]