Papua New Guinea

Bank South Pacific aims to expand

Wed 16 Apr 2014 -

PORT MORESBY, PNG ---- Despite the challenges in Papua New Guinea, Bank South Pacific remains the leading commercial bank in the country and region and aims to expand its foreign investments, a bank official says.

April 2014

Pacific’s first flyover roadway

Sam Vulum

The metropolis landscape of Port Moresby is set to transform significantly with the construction of the multi million dollar Kookaburra Flyover Street, the biggest project yet ever to be undertaken this decade in Papua New Guinea and the first in any South Pacific country once completed.

Horizon Oil's PNG project cleared

Mon 14 Apr 2014 -

PORT MORESBY, PNG--- The government of Papua New Guinea has approved Horizon Oil's Stanley gas condensate development project.

Quake kills 1 in Bougainville

Mon 14 Apr 2014 -

BUKA, PNG ---- A girl was reportedly killed, homes were destroyed and many people displaced after a strong earthquake hit Buin in South Bougainville last Friday.

OPM hideouts burnt by PNG Defence Force

Mon 14 Apr 2014 -

VANIMO, PNG ---Papua New Guinea Defence Force soldiers have burnt down OPM (Organisasi Papua Merdeka) camps on the PNG side of the border, according to intelligence sources at the border.

PNG to give K1m to Solomons flood victims

Mon 14 Apr 2014 -

PORT MORESBY, PNG ---The Papua New Guinea government will commit K1 million (US$366,000) to assist the flood devastated victims of Solomon Islands.

Plans to register SIM cards in PNG

Fri 11 Apr 2014 -

PORT MORESBY, PNG ---- A Papua New Guinea Government agency will begin monitoring the use of subscriber identity module (SIM) cards because of the abuse of telecommunication services, an official says.

Telikom PNG sees increase in ISP providers

Fri 11 Apr 2014 -

PORT MORESBY, PNG ----- Telikom PNG Ltd has seen a huge increase in the number of Internet Service Providers (ISP) signing up for its wholesale internet rates, an official says.

More than 50,000 affected in PNG by cyclone Ita

Fri 11 Apr 2014 -

PORT MORESBY, PNG ----It is estimated 54,000 people in Papua New Guinea have been affected by tropical cyclone Ita and authorities expect that number to rise.

Bougainville Copper shareholders call for independent inquiry into civil war

Fri 11 Apr 2014 -

BUKA, PNG ----A group of shareholders is calling on the Rio-Tinto subsidiary, Bougainville Copper Ltd, to appoint an independent jurist to conduct a full inquiry into the involvement of the company in the civil war on PNG's Autonomous Region of Bougainville, before it goes ahead with any plans to re-open ...

PNG- Indonesia Border tense

Fri 11 Apr 2014 -

VANIMO, PNG ---The OPM has burnt more Indonesian government infrastructure at the Papua New Guinea-Indonesia border as fighting escalated between the two sides.

Fresh OPM clash

Thu 10 Apr 2014 -

VANIMO, Papua New Guinea --- The Indonesian military and OPM elements have engaged in another shootout on the Papua New Guinea-Indonesia border, forcing the closure of a primary school and restrictions on traditional border crossers.

Sandfire takes stake in PNG project

Tue 08 Apr 2014 -

PORT MORESBY, PNG ----Sandfire Resources has taken a AUD$6 million stake in Toronto-listed copper-gold explorer WCB Resources.

OPM in battle, No destruction or threat to PNG

Tue 08 Apr 2014 -

VANIMO, PNG POST COURIER) ----Two Indonesian soldiers and OPM rebels were reportedly injured in an eight-hour gunfight last weekend at the Papua New Guinea-Indonesian border near Wutung in West Sepik Province.

Clark: Team working for one UN house

Tue 08 Apr 2014 -

PORT MORESBY, PNG ----United Nations Development Program administrator and chair of UN development group, Helen Clark, has confirmed that the United Nations team in Papua New Guinea is working towards building a UN house.

Former PNG treasurer goes to court to fight K3b loan

Tue 08 Apr 2014 -

PORT MORESBY, PNG ---- Sacked Papua New Guinea Treasurer and Kandep MP Don Polye will be asking the court to declare the K3 billion (US$1.1 billion) loan as unconstitutional and seek orders for his reinstatement as Treasurer.

Rebels border threat

Mon 07 Apr 2014 -

PORT MORESBY, PNG ---There is a build-up of OPM rebels on the Papua New Guinea-Indonesia border, says an intelligence official currently on the ground.

PNG will resettle refugees and AFP offers help

Fri 04 Apr 2014 -

PORT MORESBY, PNG -----Papua New Guinea will now resettle all asylum seekers who are found to be refugees and the Australian Federal Police will assist the investigation into the death of asylum seeker Reza Barati if requested, it was announced on Thursday.

PNG Defence Force air wing gets new commanding officer

Wed 02 Apr 2014 -

PORT MORESBY, PNG -----The Papua New Guinea Defence Force Air Transport Wing is set to boost its capabilities with the appointment of its new commanding officer.

Papua New Guinea headed for record growth, but inclusiveness still lags - ADB

Wed 02 Apr 2014 -

PORT MORESBY, PNG------ The commencement of Liquefied Natural Gas (LNG) exports will support Papua New Guinea’s (PNG) GDP growth of 6% in 2014, picking up to a record 21% in 2015, the Asian Development Bank (ADB) says in a major new report.

PNG police say G4S refusing to be interviewed over Manus Island detention centre riots

Wed 02 Apr 2014 -

PORT MORESBY, PNG ---Papua New Guinea police say the former security management firm at the Manus Island Detention Centre is refusing to be interviewed about February's deadly riots.

I am no fugitive:Djoko Tjandra

Wed 02 Apr 2014 -

PORT MORESBY, PNG ----- Port Moresby’s K1 billion (US$360 million) skyscraper will go ahead despite coming under the scrutiny of the Papua New Guinea Ombudsman Commission and moves within the Government to stop its construction.

PNG Ombudsman Commission late, loan sealed

Wed 26 Mar 2014 -

PORT MORESBY, PNG ---- The Papua New Guinea Government has already concluded the K3 billion(AUD$ 1.239 billion) loan with the UBS bank to purchase a 10.01 per cent stake in Oil Search, with the share transfer taking place on 13 March.

PM O’Neill: No clue on exact number of asylum seekers

Mon 24 Mar 2014 -

LORENGAU, PNG -- Papua New Guinea Prime Minister Peter O’Neill says the Government does not know the exact number of people at the Manus regional processing centre for asylum seekers.

O’Neill content with ANZ bank’s PNG assessment

Mon 24 Mar 2014 -

PORT MORESBY, PNG ----- Papua New Guinea Prime Minister Peter O’Neill has welcomed ANZ Bank’s assessment of the country’s economy.