Thursday 25 January 2024 Prime Minister and Treasurer Hon. James Marape has urged Bank South Pacific (BSP) to continue its vital support for small to medium enterprises (SMEs) and home buyers through loan initiatives. Prime Minister Marape also expressed his appreciation for BSP’s commitment to providing low-interest loans to students, emphasising, “We want to help … Read more
Thursday 25 January 2024 Bank South Pacific Chief Executive Officer, Mark Robinson, has expressed his enthusiasm for the economic potential of Papua New Guinea over the next decade. Mr Robinson conveyed his confidence in the country’s trajectory to Prime Minister and Treasurer Hon. James Marape, in a meeting held on Tuesday 23 January 2024. Prime … Read more
Thursday 25 January 2024 In a significant diplomatic engagement, Prime Minister and Treasurer Hon. James Marape underscored the pivotal role of Malaysia as a “very important” bilateral partner for Papua New Guinea (PNG). In welcoming the new Malaysian High Commissioner, to Papua New Guinea, H.E. Hamizan Hashim, on Tuesday, January 23, 2024, Prime Minister Marape … Read more
Thursday 25 January 2024 Prime Minister and Treasurer, James Marape has reassured Bank South Pacific (BSP) that the government would review taxes imposed on the bank, to promote economic growth in the country . In a meeting held on Tuesday, 23 January 2024, with BSP Chief Executive Officer Mark Robinson and Chief Financial Officer Ronesh … Read more
Thursday 25 January 2024 Prime Minister and Treasurer Hon. James Marape emphasised the importance of preventing the national fuel security issue involving Puma Energy from escalating into a national security concern. The Prime Minister expressed these sentiments in a meeting held on Tuesday, January 23, 2024, with Bank South Pacific (BSP) Chief Executive Officer, Mr … Read more
Wednesday 24 January 2024 The 14 days State of Emergency declared in Papua New Guinea’s capital city Port Moresby will end at 11.59pm tonight. The State of Emergency was declared by Prime Minister James Marape on Friday 12 January, 2024, following civil unrest, widespread looting and burning down of major shops on 10 January, which … Read more
Wednesday 24 January 2024 Prime Minister Hon. James Marape reaffirms his Government’s commitment to upholding the law with regard to constitutional offices reporting to the Prime Minister. In response to concerns raised by the Ombudsman Commission regarding the recently-established Ministry of Key Constitutional Offices in a cabinet reshuffle on January 18 2024, Mr Marape announced … Read more
Wednesday 24 January 2024 Prime Minister and Treasurer Hon. James Marape underscored the significance of collaboration among key Government departments and agencies, when addressing a Budget Management Committee (BMC) meeting held in Port Moresby, on Tuesday (23 January), The focal departments and agencies involved in this collaborative effort include Treasury, Finance, National Planning, Prime Minister … Read more
Wednesday 24 January, 2024 Chief Secretary to Government, Ivan Pomaleu, has issued a statement confirming that Pay 2, 2024 will correct any deduction of Pay 1, 2024, as a result of the non-configuration of the income tax threshold of K20,000. “In Pay 2, officers affected by the now permanent income tax threshold of K20,000 should … Read more
Tuesday 23 January 2024 Police Minister, Hon. Peter Tsiamalili, Jr, has reaffirmed he would release public information on arrests in Australia of drug traffickers, at an appropriate time. Mr Tsiamalili’s remarks was in response to concerns raised by the Member for Bulolo, Hon. Sam Basil, Jr, over the arrests in Australia relating to the arrest … Read more
