Posted inPacific News

Boats to combat piracy in PNG

PORT MORESBY, 23 DECEMBER 2019 — Papua New Guinea Police boats used during the Asia-Pacific Economic Cooperation (APEC) summit in Port Moresby will be sent to Madang and Milne Bay to help combat piracy, Police Minister Bryan Kramer says. “These boats are sitting idle in Port Moresby after APEC which was held last year in […]

Posted inPacific News

ADB investing over $1 billion to help Pacific’s renewable energy transition

MANILA,18 DECEMBER 2019 (ADB) — The Asian Development Bank (ADB) will invest over US$1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable and sustainable electricity in the subregion. ADB’s inaugural Pacific Energy Update 2019 details how the bank is helping its […]

Posted inOpinion

Papua New Guinea faces cash crunch as China repayment schedule ramps up

PORT MORESBY,02 DECEMBER 2019 (REUTERS) — Papua New Guinea’s annual debt repayments to China are forecast to increase 25% by 2023, new budget figures show, at the same time as the Pacific nation falls to its largest ever deficit. The resource-rich archipelago, which is at the centre of a diplomatic tussle between China and the […]

Posted inPacific News

Out with China and in with Canberra: PNG’s new $440m loan

PORT MORESBY, 02 DECEMBER 2019 (ABC) — Papua New Guinea’s budget has revealed Australia’s $440 million (US$300 million) loan “replaces” a proposed Chinese-backed loan, contradicting the Federal Government’s public claim the deal was “completely unrelated” to China. The PNG Government handed down its budget on Thursday, revealing dire levels of debt weighing on the nation’s […]

Posted inPacific News

PNG MP Pelika dies

PORT MORESBY, 31 OCTOBER 2019 (POST COURIER) — The former Papua New Guinea Police Minister who was instrumental in the purchase of the police “eye in the sky” helicopter has died in Lae. Menyamya MP Thomas Netato Pelika died after a short illness,Wednesday. Condolences have started flooding in for the MP who was serving in […]

Gift this article