Companies whose members are actively contributing to Papua New Guinea’s Superannuation Fund – Nasfund have been warned that failure to remit contributions on time will result in legal action being taken against them. This is one of several measures that the fund is undertaking in its bid to safeguard members’ interests. The warning issued…
The Fiji-Papua New Guinea Business Council, will host quarterly events to keep and increase member-interest on investment opportunities available between both countries. On Wednesday was the first of the quarterly meetings where members were treated to a networking lunch at Tanoa Plaza Suva. And promoting and driving some of this interest as well as telling…
BUKA, PNG – Bougainville Copper is to open an office on Bougainville Island this year as sentiment begins to build within Papua New Guinea for a resumption of mining of the giant Panguna copper deposit. The visit to Bougainville Island by the PNG Prime Minister Peter O’Neill earlier this year – the first visit by…
Papua New Guinea’s first liquefied natural gas cargo is expected to leave from near Port Moresby in the next four months, with the $US19 billion (K46bn) PNG LNG project set to perform a rare regional feat by coming on stream ahead of schedule. The ExxonMobil-run project, which would process gas from a gasfield in Southern…
FIJI TIMES – Bank South Pacific (BSP) has launched its new VISA debit card in Suva, which, among other things, will make travelling easier for its customers. BSP has extended its services with an instant card issuance over the counter, flexible and easy to use, access to VISA’s wide global coverage and acceptance and which…
Fiji TV – Fiji is one of eight countries in the region where 20 percent of the population still live in hardship – meaning they are unable to meet all of their basic needs. But according to a World Bank report, Fiji still leads the Pacific when it comes to efforts to reducing those hardship…
RNZI: Vanuatu’s Disaster Management Office says the death toll could rise as it establishes the full extent of damage caused by Tropical Cyclone Lusi. Three people have been confirmed dead and one person is seriously injured as a result of the cyclone. The office’s director, Shadrack Welegtabit, says almost half of Vanuatu’s population has been…
ABC: The giant ExxonMobil liquefied natural gas project in Papua New Guinea is months ahead of schedule and is expected to deliver first gas by mid-year. The project marks emergence of PNG as a gas supplier to Asia and is expected to push economic growth next year to 20 per cent. Managing Director of Esso…
CHURCHES must stand and speak for the rights of the voiceless in the community. And they should speak in a united voice on the atrocities conducted by Indonesian security forces on the people of West Papua. Pacific Conference of Churches General Secretary, Reverend Francois Pihaatae said the church had remained silent for too long…
Tonga’s public servants were awarded a 5% pay rise in mid-February, back-dated to January, said Tufui Faletau, the acting CEO for the Ministry of Finance and National Planning (MFNP). Tufui told Matatangi Tonga the MFNP has to finance the 5% salary rise from its own internal financial sources, because government ministries could not reshuffle their…