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July 22, 2024
Prime Minister Hon. James Marape has welcomed to the Pacific Islands Forum its new Secretary General, Mr Baron Waqa. Prime Minister Marape bid the welcome on behalf of the Government of Papua New Guinea and pledged the country’s support behind Mr Waqa to manage the PIF Secretariat and make sure the Forum continues its work to address issues affecting member countries in the region. He said PNG is a committed member of the PIF, and as a ‘big brother’ in the region, continues to support the views and aspirations of Forum members. The Prime Minister was speaking in a meeting with Mr Waqa on the margins of the 10th Pacific Alliance of Leaders Meeting (PALM10). Prime Minister Marape informed Mr Waqa that PNG stood ready to support him in his leadership as the new Secretary General of the Forum Secretariat. “We are here to support you in your role and the Forum Secretariat. We do understand the contest that has been going on within the Micronesian region on the position of the forum secretary general. “But now that you are the new Secretary General, we want to ensure and let the PIF members know that PNG has a consistent policy on our collective views and aspirations to push for a resilient Blue Pacific at other fora in our region,’ said Prime Minister Marape. Prime Minister Marape added that he was honored to have played an advocacy role for a stronger and united PIF when Micronesian countries boycotted PIF meetings because they wanted the secretary general’s position to be held by one of their leaders. Mr Waqa thanked Prime Minister James Marape for taking a mediatory and leadership role in bringing the PIF Forum member countries together. “Prime Minister Marape, I, as the PIF Secretary General, appreciate and want to acknowledge and put on record that the role you played was significant. “We thank you and the Papua New Guinea government for that and the active and continuous role you play in the Forum’’, said Mr Waqa. Prime Minister Marape informed the Secretary General that PNG is taking the lead in ensuring the region and other island countries gain maximum benefit from their resources. He said his government has the vision to go into downstream processing of the region’s marine resources, especially tuna, and wants the smaller Pacific Island countries and PIF members to have their tuna catch sent to PNG for processing. “PNG, as usual, stands ready to offer its support to our collective views on protecting and preserving our oceans and marine resources including our people and their lives,” he said. “We are creating Special Economic Zones to cater for fisheries and fish processing facilities in our country so your smaller island countries fish or tuna can be processed in PNG and exported to get maximum value. “The Pacific has accounted for majority of the tuna export in the region to markets in Europe and Asia but this is not processed rather goes as raw tuna. Now the PIF member countries should move away from dollar grants to down- stream processing and into trade-to-trade relations’’, said Prime Minister Mar- ape. Mr Waqa is a former PIF leader and Forum chair in his capacity as President of the Republic of Nauru, and is the first Nauruan national to assume the Office of the Secretary General. He will be working closely with members to progress the priorities of the region in line with the 2050 Strategy for the Blue Pacific Continent, for the benefit of the Pacific peoples. The PIF’s vision is for a resilient Pacific region of peace, harmony, security, social inclusion and prosperity, that ensures all Pacific peoples can lead free, healthy and productive lives.
July 22, 2024
Prime Minister Hon. James Marape has welcomed to the Pacific Islands Forum its new Secretary General, Mr Baron Waqa. Prime Minister Marape bid the welcome on behalf of the Government of Papua New Guinea and pledged the country’s support behind Mr Waqa to manage the PIF Secretariat and make sure the Forum continues its work to address issues affecting member countries in the region. He said PNG is a committed member of the PIF, and as a ‘big brother’ in the region, continues to support the views and aspirations of Forum members. The Prime Minister was speaking in a meeting with Mr Waqa on the margins of the 10th Pacific Alliance of Leaders Meeting (PALM10). Prime Minister Marape informed Mr Waqa that PNG stood ready to support him in his leadership as the new Secretary General of the Forum Secretariat. “We are here to support you in your role and the Forum Secretariat. We do understand the contest that has been going on within the Micronesian region on the position of the forum secretary general. “But now that you are the new Secretary General, we want to ensure and let the PIF members know that PNG has a consistent policy on our collective views and aspirations to push for a resilient Blue Pacific at other fora in our region,’ said Prime Minister Marape. Prime Minister Marape added that he was honored to have played an advocacy role for a stronger and united PIF when Micronesian countries boycotted PIF meetings because they wanted the secretary general’s position to be held by one of their leaders. Mr Waqa thanked Prime Minister James Marape for taking a mediatory and leadership role in bringing the PIF Forum member countries together. “Prime Minister Marape, I, as the PIF Secretary General, appreciate and want to acknowledge and put on record that the role you played was significant. “We thank you and the Papua New Guinea government for that and the active and continuous role you play in the Forum’’, said Mr Waqa. Prime Minister Marape informed the Secretary General that PNG is taking the lead in ensuring the region and other island countries gain maximum benefit from their resources. He said his government has the vision to go into downstream processing of the region’s marine resources, especially tuna, and wants the smaller Pacific Island countries and PIF members to have their tuna catch sent to PNG for processing. “PNG, as usual, stands ready to offer its support to our collective views on protecting and preserving our oceans and marine resources including our people and their lives,” he said. “We are creating Special Economic Zones to cater for fisheries and fish processing facilities in our country so your smaller island countries fish or tuna can be processed in PNG and exported to get maximum value. “The Pacific has accounted for majority of the tuna export in the region to markets in Europe and Asia but this is not processed rather goes as raw tuna. Now the PIF member countries should move away from dollar grants to down- stream processing and into trade-to-trade relations’’, said Prime Minister Mar- ape. Mr Waqa is a former PIF leader and Forum chair in his capacity as President of the Republic of Nauru, and is the first Nauruan national to assume the Office of the Secretary General. He will be working closely with members to progress the priorities of the region in line with the 2050 Strategy for the Blue Pacific Continent, for the benefit of the Pacific peoples. The PIF’s vision is for a resilient Pacific region of peace, harmony, security, social inclusion and prosperity, that ensures all Pacific peoples can lead free, healthy and productive lives.
July 22, 2024
Great Pacific Gold Corp. (GPAC) is pleased to announce the commencement of drilling at its Arau Project in Papua New Guinea (PNG). Since acquiring Arau, the GPAC team has rehabilitated road access to the project and constructed nine drill pads. With access to exploration target areas complete, a reverse circulation (RC) drill rig was mobilised to the site recently. Following a welcoming ceremony in the community to mark the start of exploration, drilling has now commenced. This marks the first drilling activity by the Company on its PNG projects. While drilling is underway at the Arau Project, the Company is concurrently preparing the Kesar Creek Project (adjacent to and northwest of the highly prolific K92 Mining Inc. tenements) for its own drilling programme. An ongoing phase 2 soil programme at the Kesar Creek Project is set to complete this week and will further delineate targets for the upcoming drill programme. In addition to the drilling at the Arau Project and the Phase 2 soil programme at the Kesar Creek Project, the Company has initiated road rehabilitation work at the previously producing Wild Dog Project, located in East New Britain Province, in preparation for exploration activities there. Arau Project The Arau Project comprises two exploration licences, situated in the Kainantu region, and includes the Mt. Victor Prospect, where previous drilling identified a multiple phase intrusion complex hosting copper and gold mineralisation. Drilling aims to confirm copper-gold porphyry mineralisation beneath the skarn mineralisation at the project. Previous drilling at Mt. Victor was focused on establishing the gold resource associated with the outcropping skarn mineralisation. A drilling programme of approximately 2000 metres is anticipated. As part of the Arau Project, in the southern exploration licence, EL2715, an initial extensive soil sampling programme of 377 samples has recently been completed. This programme followed up on previously generated copper-gold geochemical data from stream sediment anomalous drainages and ridge and spur soil sampling programmes. The area is underlain by the highly prospective Elandora porphyry unit, known to host copper porphyry and epithermal gold mineralisation. Assays for this programme are expected in the coming weeks. In addition to the two exploration licences currently comprising the Arau Project, the Company has also recently applied for further prospective ground contiguous with the existing land package and to the north, via Exploration Licence Application 2834.
July 22, 2024
Prime Minister Hon. James Marape announced recently that the “transformational” PNG LNG Project has brought in K26.3 billion in economic benefits to Papua New Guinea since the export of the first gas in 2014. He made the announcement at the Hilton Hotel in Port Moresby while addressing a dinner commemorating the 10th anniversary of the PNG LNG Project. Prime Minister Marape thanked project developer Exxon Mobil for having faith in PNG since 2008 when it started work on the project up to the export of the first gas in 2014, up until today. He also appreciated all joint venture partners, including Kumul Petroleum Holdings Ltd (KPHL), Santos Ltd, JX Nippon Oil & Gas Exploration Company, and Mineral Resources Development Company (MRDC). He also thanked all landowners for allowing the project to proceed on their land and acknowledged leaders, including the late former Prime Minister Sir Michael Somare and the late Hela Governor Anderson Agiru, for their vision and foresight. “The PNG LNG Project is a transformational project. The National Alliance Government of the late former Prime Minister, Sir Michael Somare, must be commended for having the foresight in 2008 to start this project,” Prime Minister Marape said. “The total value of economic benefits to the country since first production started 10 years ago is K26.3 billion. This includes K1.3 billion for landowner royalties, K1.26 billion in development levies, 2 per cent equity for landowners plus distribution to Mineral Resources Development Company of K1.9 billion, K9.6 billion to Kumul Petroleum Holdings for 16.5 per cent equity, and total tax of K12 billion. “As of today, after 1069 cargoes, we have received in the country K26.3 billion. “The economy has grown from under K25 billion in 2008 to K79 billion in 2019 when I took office, to K113 billion now. “This project was the impetus for the growth of the economy.” Prime Minister Marape noted that companies, both large and small, have benefited from the PNG LNG Project since its inception. He added that when the project started in 2008, there were many critics and sceptics, who have now been proven wrong.
July 22, 2024
Prime Minister Hon. James Marape announced recently that the “transformational” PNG LNG Project has brought in K26.3 billion in economic benefits to Papua New Guinea since the export of the first gas in 2014. He made the announcement at the Hilton Hotel in Port Moresby while addressing a dinner commemorating the 10th anniversary of the PNG LNG Project. Prime Minister Marape thanked project developer Exxon Mobil for having faith in PNG since 2008 when it started work on the project up to the export of the first gas in 2014, up until today. He also appreciated all joint venture partners, including Kumul Petroleum Holdings Ltd (KPHL), Santos Ltd, JX Nippon Oil & Gas Exploration Company, and Mineral Resources Development Company (MRDC). He also thanked all landowners for allowing the project to proceed on their land and acknowledged leaders, including the late former Prime Minister Sir Michael Somare and the late Hela Governor Anderson Agiru, for their vision and foresight. “The PNG LNG Project is a transformational project. The National Alliance Government of the late former Prime Minister, Sir Michael Somare, must be commended for having the foresight in 2008 to start this project,” Prime Minister Marape said. “The total value of economic benefits to the country since first production started 10 years ago is K26.3 billion. This includes K1.3 billion for landowner royalties, K1.26 billion in development levies, 2 per cent equity for landowners plus distribution to Mineral Resources Development Company of K1.9 billion, K9.6 billion to Kumul Petroleum Holdings for 16.5 per cent equity, and total tax of K12 billion. “As of today, after 1069 cargoes, we have received in the country K26.3 billion. “The economy has grown from under K25 billion in 2008 to K79 billion in 2019 when I took office, to K113 billion now. “This project was the impetus for the growth of the economy.” Prime Minister Marape noted that companies, both large and small, have benefited from the PNG LNG Project since its inception. He added that when the project started in 2008, there were many critics and sceptics, who have now been proven wrong.
July 04, 2024
EDITOR’S NOTE: Ossberger, the German hydro-industry experts, has provided PNG Business News with this feature story that originally came out in Zek Hydro magazine’s May 2024 issue. Ossberger has supplied and installed 19 mini-hydropower turbines throughout PNG, mostly in rural districts, since the 1960s. The company likewise provided the hydropower systems for PNG Power's Hargy 1 & Hargy 2. It believes the technology featured in this story applies to the country as well. The South African farmer Michael Vermaak has become a loyal and regular customer for Ossberger, the German hydro-industry experts. Since 2008, three small hydropower plants have been built on the expansive Klipfontein farm in the village of Cookhouse. All three have been equipped with comprehensive Ossberger electromechanical packages. The latest plant went online for the first time in September 2023 with another one of Ossberger’s high-performance technology packages – including a crossflow turbine with a bottleneck capacity of 412 kW, and all the electrical fittings and control equipment. Furthermore, at the oldest plant all the control technology was updated. Resultantly, all three power plants can now operate as island solutions or in parallel grid operation – and each one is equipped with black-start capabilities. Anyone in South Africa self-sufficient enough to meet their own electricity needs with a proprietary power plant can count themselves very lucky. So-called ‘load-shedding’ is part of everyday life for around 60 million inhabitants in the southernmost country on the African continent. Power cuts can last up to twelve hours, with entire regions and cities being taken offgrid. According to ESKOM, the state-owned energy supplier, South Africa’s power supply would collapse completely without loadshedding. Corroborative media reports suggest that a major reason for the problematic situation is the generally desolate state of the country’s energy infrastructure, resulting from decades of mismanagement and corruption. KLIPFONTEIN FARM IS SELF-SUFFICIENT Having taken matters into his own hands in 2008, building a small hydropower plant on his extensive Klipfontein Farm property in the village of Cookhouse, Eastern Cape Province, the nationwide energy supply problem is no longer a cause for concern for Michael Vermaak. The plant utilises the hydro-energetic potential of an irrigation canal branching off from the local Fish River, and supplies water to a number of farms. Acquisition of additional properties enabled the operator to expand his farm and led to increased demand for energy. In response, in 2018 a second hydropower plant was built and commissioned, and in September 2023 a third plant went into operation. OSSBERGER SUPPLIES RELIABLE SOLUTIONS Ossberger crossflow turbines have been in use worldwide for over 100 years and the expertise of these German industry specialists was the operator’s first choice from the first plant on; and for the full range of technical hydropower plant infrastructure – machine sets, hydraulic steel structures, electrical fittings and control technology. Christian Habermann, Ossberger’s Technical Director explained: “Generally, South Africa is a favourable market for us, and in our experience, Ossberger turbines are particularly appreciated by operators of systems on irrigation channels as on Klipfontein Farm. The objective for a basic crossflow turbine is not to harvest the last possible percentage point of its efficiency potential, but to deliver electricity reliably and uncomplicatedly. This is the core characteristic of our solutions and, ultimately, something our customers consider to be particularly important.” A maximum of 2,500 l/s of expansion water for the new power station is discharged at the inlet area of the irrigation canal, and channelled to the underground machine room via a penstock.   The small hydropower plants in Cookhouse generate electricity for energy-intensive agriculture, and to feed into the public grid. A significant proportion of the electricity generated is directed to a pumping station with several variable-speed pumps. The station is used mainly during the night to fill a reservoir excavated from a hillside for the irrigation of surrounding farmland.   The small hydropower plants in Cookhouse generate electricity for energy-intensive agriculture, and to feed into the public grid. A significant proportion of the electricity generated is directed to a pumping station with several variable-speed pumps. The station is used mainly during the night to fill a reservoir excavated from a hillside for the irrigation of surrounding farmland. The pump station receives electricity from the small hydropower plants and is equipped with a whole battery of variable-speed water pumps to fill the reservoir.   MULTI-MODAL OPERATING EQUIPMENT The first plant, built in 2008, was designed purely for island operation. Now, however, all three power plants can operate in island and grid-parallel modes, and all have black-start capabilities. Ossberger’s scope of delivery for the latest hydropower plant in Klipfontein consisted of the crossflow turbine, gearbox and synchronous generator, the flywheel, the butterfly valve and all electrical and I&C equipment. The horizontally-fed crossflow turbine is designed to achieve a discharge water volume of 2.5 m³/s with a net head of around 20 m, for a bottleneck output of 412 kW under full load conditions. Drive water for the turbine is provided via an underground penstock pipeline connected to a newly-built inlet on the irrigation canal. No separate screen cleaning machine was installed at the inlet area. However, Christian Habermann explained that, if required, such a machine could be retrofitted without great effort. After driving the turbine, the headrace water is returned to the diversion channel and, after a short distance, flows into the Fish River. Plant construction took around a year and was completed in autumn 2023. The operator and several local companies played an active role in the plant construction phase. The machine building is completely subterranean, and assembly of the electromechanical equipment and cabling laying were tasks conducted by local labour teams. Ultimately, the power plant was commissioned in September 2023 under the supervision of an Ossberger technician. THREE IS THE MAGIC NUMBER Operation of the state-of-the-art system is fully automatic. The control system can be accessed using touch panels installed in the machine buildings, or accessed online via smartphones and PCs. As well as being experts in the construction of turbines, the German all-rounders at Ossberger demonstrated their hydropower expertise by providing the full scope of control technology for the plant network. “In the course of order implementation it was also necessary to modernise the electrical engineering in the oldest power plant. As a result, all three plants can now generate electricity individually, or combine automatically to form a completely synchronised network, depending on the current requirements”, Ossberger’s Area Sales Manager Markus Sauerbeck told us. Christian Habermann summarised: “The entire project went very smoothly, and coordination and communication were flawless. It was definitely of benefit to be familiar with each other from previous projects, and to be able to form a well-oiled team. We are certainly in a good position to implement further projects in the field of agricultural or municipal irrigation systems. The Cookhouse project is a good example of how an existing irrigation channel can now be used three times to generate clean electricity.”
July 04, 2024
EDITOR’S NOTE: Ossberger, the German hydro-industry experts, has provided PNG Business News with this feature story that originally came out in Zek Hydro magazine’s May 2024 issue. Ossberger has supplied and installed 19 mini-hydropower turbines throughout PNG, mostly in rural districts, since the 1960s. The company likewise provided the hydropower systems for PNG Power's Hargy 1 & Hargy 2. It believes the technology featured in this story applies to the country as well. The South African farmer Michael Vermaak has become a loyal and regular customer for Ossberger, the German hydro-industry experts. Since 2008, three small hydropower plants have been built on the expansive Klipfontein farm in the village of Cookhouse. All three have been equipped with comprehensive Ossberger electromechanical packages. The latest plant went online for the first time in September 2023 with another one of Ossberger’s high-performance technology packages – including a crossflow turbine with a bottleneck capacity of 412 kW, and all the electrical fittings and control equipment. Furthermore, at the oldest plant all the control technology was updated. Resultantly, all three power plants can now operate as island solutions or in parallel grid operation – and each one is equipped with black-start capabilities. Anyone in South Africa self-sufficient enough to meet their own electricity needs with a proprietary power plant can count themselves very lucky. So-called ‘load-shedding’ is part of everyday life for around 60 million inhabitants in the southernmost country on the African continent. Power cuts can last up to twelve hours, with entire regions and cities being taken offgrid. According to ESKOM, the state-owned energy supplier, South Africa’s power supply would collapse completely without loadshedding. Corroborative media reports suggest that a major reason for the problematic situation is the generally desolate state of the country’s energy infrastructure, resulting from decades of mismanagement and corruption. KLIPFONTEIN FARM IS SELF-SUFFICIENT Having taken matters into his own hands in 2008, building a small hydropower plant on his extensive Klipfontein Farm property in the village of Cookhouse, Eastern Cape Province, the nationwide energy supply problem is no longer a cause for concern for Michael Vermaak. The plant utilises the hydro-energetic potential of an irrigation canal branching off from the local Fish River, and supplies water to a number of farms. Acquisition of additional properties enabled the operator to expand his farm and led to increased demand for energy. In response, in 2018 a second hydropower plant was built and commissioned, and in September 2023 a third plant went into operation. OSSBERGER SUPPLIES RELIABLE SOLUTIONS Ossberger crossflow turbines have been in use worldwide for over 100 years and the expertise of these German industry specialists was the operator’s first choice from the first plant on; and for the full range of technical hydropower plant infrastructure – machine sets, hydraulic steel structures, electrical fittings and control technology. Christian Habermann, Ossberger’s Technical Director explained: “Generally, South Africa is a favourable market for us, and in our experience, Ossberger turbines are particularly appreciated by operators of systems on irrigation channels as on Klipfontein Farm. The objective for a basic crossflow turbine is not to harvest the last possible percentage point of its efficiency potential, but to deliver electricity reliably and uncomplicatedly. This is the core characteristic of our solutions and, ultimately, something our customers consider to be particularly important.” A maximum of 2,500 l/s of expansion water for the new power station is discharged at the inlet area of the irrigation canal, and channelled to the underground machine room via a penstock.   The small hydropower plants in Cookhouse generate electricity for energy-intensive agriculture, and to feed into the public grid. A significant proportion of the electricity generated is directed to a pumping station with several variable-speed pumps. The station is used mainly during the night to fill a reservoir excavated from a hillside for the irrigation of surrounding farmland.   The small hydropower plants in Cookhouse generate electricity for energy-intensive agriculture, and to feed into the public grid. A significant proportion of the electricity generated is directed to a pumping station with several variable-speed pumps. The station is used mainly during the night to fill a reservoir excavated from a hillside for the irrigation of surrounding farmland. The pump station receives electricity from the small hydropower plants and is equipped with a whole battery of variable-speed water pumps to fill the reservoir.   MULTI-MODAL OPERATING EQUIPMENT The first plant, built in 2008, was designed purely for island operation. Now, however, all three power plants can operate in island and grid-parallel modes, and all have black-start capabilities. Ossberger’s scope of delivery for the latest hydropower plant in Klipfontein consisted of the crossflow turbine, gearbox and synchronous generator, the flywheel, the butterfly valve and all electrical and I&C equipment. The horizontally-fed crossflow turbine is designed to achieve a discharge water volume of 2.5 m³/s with a net head of around 20 m, for a bottleneck output of 412 kW under full load conditions. Drive water for the turbine is provided via an underground penstock pipeline connected to a newly-built inlet on the irrigation canal. No separate screen cleaning machine was installed at the inlet area. However, Christian Habermann explained that, if required, such a machine could be retrofitted without great effort. After driving the turbine, the headrace water is returned to the diversion channel and, after a short distance, flows into the Fish River. Plant construction took around a year and was completed in autumn 2023. The operator and several local companies played an active role in the plant construction phase. The machine building is completely subterranean, and assembly of the electromechanical equipment and cabling laying were tasks conducted by local labour teams. Ultimately, the power plant was commissioned in September 2023 under the supervision of an Ossberger technician. THREE IS THE MAGIC NUMBER Operation of the state-of-the-art system is fully automatic. The control system can be accessed using touch panels installed in the machine buildings, or accessed online via smartphones and PCs. As well as being experts in the construction of turbines, the German all-rounders at Ossberger demonstrated their hydropower expertise by providing the full scope of control technology for the plant network. “In the course of order implementation it was also necessary to modernise the electrical engineering in the oldest power plant. As a result, all three plants can now generate electricity individually, or combine automatically to form a completely synchronised network, depending on the current requirements”, Ossberger’s Area Sales Manager Markus Sauerbeck told us. Christian Habermann summarised: “The entire project went very smoothly, and coordination and communication were flawless. It was definitely of benefit to be familiar with each other from previous projects, and to be able to form a well-oiled team. We are certainly in a good position to implement further projects in the field of agricultural or municipal irrigation systems. The Cookhouse project is a good example of how an existing irrigation channel can now be used three times to generate clean electricity.”
July 22, 2024
Prime Minister Hon. James Marape has met with the Prime Minister of Vanuatu, Hon. Charlot Salwai on the margins of the Pacific Islands Leaders Meeting (PALM10) in a bilateral meeting. Prime Minister Marape and Prime Minister Salwai discussed issues of common significance and mutual concern, especially relating to the Melanesian Spear- head Group and the greater Pacific Islands Forum family of nations. High among them was Prime Minister Marape’s proposal for an Air Services Agreement between Papua New Guinea and Vanuatu to capitalize on PNG’s strategic position as the “bridge” between Asia and the Pacific; and a Development and Technical Cooperation Agreement to explore opportunities in the development of fisheries, especially in the downstream processing of tuna. PM Marape reiterated to Prime Minister Salwai the importance of the Pacific fully getting into downstream processing. “We have the biggest marine resources yet we collect grants only. This is why PNG is aggressively pushing to have our fish properly harvested and processed,” said PM Marape, pointing to the upcoming mega-project by the National Fisheries Authority to develop the ‘Pacific Industrial Park’ in East New Britain and Madang provinces which will serve as the processing base for tuna from Pacific Island Forum countries who are part of this project. Prime Minister Marape also took the time to commend Vanuatu for hosting the seat of the Melanesian Spearhead Group which he acknowledged continues to be of service to Melanesian people in the Pacific, including PNG. The Prime Minister also invited the Government of Vanuatu to partner with PNG’s superannuation funds in hotel development to capitalize on the tourism market in Vanuatu, also pointing out Fiji’s success in such partnership ventures with PNG in the hotel industry. In other areas, an outstanding commitment by the Government of Papua New Guinea under the leadership of former prime minister, late Grand Chief Sir Michael Somare also came to the fore in the discussion when PM Marape offered to honour a longstanding pledge to fund the construction of ‘Kumul Highway’. The Kumul Highway is the main thoroughfare through Capital, Port Vila, that Sir Michael committed to constructing in remembrance of PNG’s intervention in helping Vanuatu contain the political uprising of 1980.
July 08, 2024
PNGX Group, operator of Papua New Guinea’s national stock exchange, has taken another step towards enhancing the PNG capital market. PNGX has released amendments to its Business Rule to modernise the management requirements for PNG’s stockbrokers. This follows the improvement to the speed of settlement of trades which took effect in July 2023, enhancing the overall efficiency of the market. The Business Rules govern the behaviour of stockbrokers on the PNGX market. The recent amendments now require each broker to be supervised by a person identified as a Responsible Manager, replacing the previous requirement of an Affiliate Director. The role of a Responsible Manager is crucial, as they must possess sufficient knowledge, seniority and authority within a broker to exert control, leadership, influence and supervision over its operations and processes. Responsible Managers must have direct responsibility for significant day-to-day decisions about the operations of the stockbroker. Additionally, Responsible Manager’s are accountable to PNGX for ensuring the stockbrokers compliance to the business rules and all applicable regulations. These amendments are interim measures, set to remain in place until the Business Rules are completely rewritten in late 2024.To aid this transition PNGX will be providing education sessions for stockbrokers in coming months. A copy of the amended Business Rules and the Guidance Note are available on the PNGX website.
July 08, 2024
PNGX Group, operator of Papua New Guinea’s national stock exchange, has taken another step towards enhancing the PNG capital market. PNGX has released amendments to its Business Rule to modernise the management requirements for PNG’s stockbrokers. This follows the improvement to the speed of settlement of trades which took effect in July 2023, enhancing the overall efficiency of the market. The Business Rules govern the behaviour of stockbrokers on the PNGX market. The recent amendments now require each broker to be supervised by a person identified as a Responsible Manager, replacing the previous requirement of an Affiliate Director. The role of a Responsible Manager is crucial, as they must possess sufficient knowledge, seniority and authority within a broker to exert control, leadership, influence and supervision over its operations and processes. Responsible Managers must have direct responsibility for significant day-to-day decisions about the operations of the stockbroker. Additionally, Responsible Manager’s are accountable to PNGX for ensuring the stockbrokers compliance to the business rules and all applicable regulations. These amendments are interim measures, set to remain in place until the Business Rules are completely rewritten in late 2024.To aid this transition PNGX will be providing education sessions for stockbrokers in coming months. A copy of the amended Business Rules and the Guidance Note are available on the PNGX website.
July 01, 2024
It is anticipated that following the endorsement of the National Agritourism Policy, the parties will work together to facilitate investment in the agritourism sector. This includes the development and marketing of existing agritourism products to create niche markets and attract tourists. The Secretary for the Department of Agriculture and Livestock, Dr. Sergie Bang, has hailed the recent Memorandum of Understanding (MOU) with the Papua New Guinea Tourism Promotion Authority (TPA) as a significant milestone for the agriculture sector. He emphasized that the collaboration aligns with the newly launched National Agriculture Sector Plan 2024-2033, which aims to transform subsistence farming into commercial farming and entrepreneurship.  Dr. Bang noted that agritourism development will play a crucial role in achieving these objectives by providing additional revenue for farm owners and strengthening self-sustaining, resilient communities. During the event, Dr. Bang highlighted the shared commitment to facilitating regional consultations and comprehensive stakeholder engagement in the policy formulation process. By collaborating with relevant agencies, the partnership aims to efficiently achieve the MOU’s objectives and drive the transformation of the agriculture sector to empower healthy and prosperous agricultural communities. The MOU is set for an initial period of three years, setting the stage for a path to harness Papua New Guinea’s agricultural potential to boost tourism. Through this partnership, both TPA and DAL are committed to developing a vibrant agritourism sector that will contribute significantly to the country’s economic development.
July 01, 2024
It is anticipated that following the endorsement of the National Agritourism Policy, the parties will work together to facilitate investment in the agritourism sector. This includes the development and marketing of existing agritourism products to create niche markets and attract tourists. The Secretary for the Department of Agriculture and Livestock, Dr. Sergie Bang, has hailed the recent Memorandum of Understanding (MOU) with the Papua New Guinea Tourism Promotion Authority (TPA) as a significant milestone for the agriculture sector. He emphasized that the collaboration aligns with the newly launched National Agriculture Sector Plan 2024-2033, which aims to transform subsistence farming into commercial farming and entrepreneurship.  Dr. Bang noted that agritourism development will play a crucial role in achieving these objectives by providing additional revenue for farm owners and strengthening self-sustaining, resilient communities. During the event, Dr. Bang highlighted the shared commitment to facilitating regional consultations and comprehensive stakeholder engagement in the policy formulation process. By collaborating with relevant agencies, the partnership aims to efficiently achieve the MOU’s objectives and drive the transformation of the agriculture sector to empower healthy and prosperous agricultural communities. The MOU is set for an initial period of three years, setting the stage for a path to harness Papua New Guinea’s agricultural potential to boost tourism. Through this partnership, both TPA and DAL are committed to developing a vibrant agritourism sector that will contribute significantly to the country’s economic development.
July 01, 2024
by Rishabh Mukerjee, Helmtrude Sikas Iha and Damaris Warambukia Coffee is one of the most important smallholder cash crops in Papua New Guinea. It accounted for US$156 million of export earnings, 13% of agricultural export revenues, and 1.4% of total export revenues in PNG in 2021. According to the PNG Rural Household Survey 2023, approximately 55% of sampled households in the highlands produce coffee. During March and April 2024, the International Food Policy Research Institute (IFPRI) collaborated with the University of Goroka (UoG) to conduct gender-differentiated focus group discussions with coffee producers in Simbu and Eastern Highlands provinces to better understand the challenges and opportunities associated with coffee production and marketing in PNG. We completed 24 focus groups, each with 10 community members, discussing production, input usage, sales volume, production shocks, pest control, labour needs and market access. Sampled communities varied with respect to coffee-production scale, pest management, and marketing channels. On average, households reported owning two to three coffee gardens, with most trees aged 15 years or older. To calculate an approximate range of coffee yield per hectare, we asked producers to estimate the coffee yields of different-aged trees by drawing a line on the coffee-bean bags used to transport output to processors in town. Additionally, we asked focus groups to estimate the share of trees, by age, that are grown on an average household’s coffee block. Furthermore, we measured seven coffee blocks in seven different villages to count the number of trees by age category per one hectare area. According to respondents, within a coffee block, a quarter of trees were aged between four and 15 years and equivalent shares were reported for trees aged between 15 and 30 years and above 30 years, respectively (Figure 1). Based on the dimensions and tree count of the selected blocks, we estimate that 3,000 to 4,000 coffee trees are grown per hectare of land. There are three harvest cycles for coffee within the focus group areas. For example, for trees aged from four to 15 years, the first harvest is the largest and constitutes about 50% of the overall yield, while the second and third harvests make up 30% and 20% respectively. Given this, we measured the second-harvest yield of an average coffee tree (non-dwarf) in the Kofena community by picking and weighing the ripe cherries from three trees of different ages. For trees aged between 15 and 30 years, the second harvest yielded 0.63 kilograms of ripe red cherries. For the older trees (aged 30+ years) and younger trees (age four to 15 years) the weighed yield was 0.18 kilograms and 0.12 kilograms respectively. By considering the share estimates of first and third harvest for different-aged trees, along with the measured yield from the second harvest, we calculated the weight of red cherries harvested from each age category of coffee tree. Using the conversion formula provided by World Bank 1986 and the PNG Coffee Industry Corporation (CIC) Handbook, approximately one kilogram of ripe red cherry yields 0.21 kgs of dry parchment (partially processed coffee beans). Based on the estimated red cherry yield, approximately 417 to 560 kilograms of dry parchment can be harvested per hectare in the focus group study area. Similar results were reported in the 2017 ACIAR report on coffee-based farming systems in the highlands of PNG, indicating that households in Bena and other Eastern Highlands Province districts produced an average of 522 kilograms and 386 kilograms of dry parchment per hectare per year respectively. Compared to other countries such as Colombia and Indonesia (the second and eleventh largest producers of Arabica coffee, respectively), the estimated PNG parchment yield per hectare is substantially lower. For example, Colombia and Indonesia produce an average of 1,080 kgs (USDA 2023) and 937 kgs (USDA 2020) of dry parchment per hectare. We identify low coffee yield as a significant challenge in the PNG highlands which is further exacerbated by pest infestations, particularly from Coffee Berry Borer (CBB), a small species of beetle that lives, feeds, and breeds inside coffee berries. Over three-quarters of the sample communities reported losing more than half of their harvest to berry borer infestations last season. Lack of market access and price inconsistency pose another challenge for coffee producers. During the last harvest season (March to June 2023), dry coffee prices ranged between 3.5 and 7.0 PGK (US$0.90-1.81) per kilogram, with the highest price being paid at the onset and end of the season when coffee bean supply is relatively low. Most growers received a standard price per kilogram for their output irrespective of quality. However, communities associated with coffee associations or located near coffee processors benefited from extension services to improve output quality and negotiate quality premiums (an extra two or three PGK per kilogram) for their harvest. Furthermore, an overall low adoption of coffee certification in our sample suggests an important unrealised potential for achieving higher premium market values. To overcome these production challenges, efforts should be directed towards improving yield and quality through improved farm practices and integrated pest management strategies. Having access to cost effective pest control solutions and guidance on the correct usage of fertilisers, soil management, and proper pruning practices are some crucial steps to boost production and control CBB attacks. Establishing and providing financial support to coffee associations can strengthen market ties, enabling farmers to negotiate better prices. Encouraging direct contracts with international buyers could provide profitable market opportunities and financial incentives to ensure quality output, as seen in one village in our sample that directly supplied green beans to a US coffee roaster and received an average 11-13 PGK per kg. While the Coffee Industry Corporation (CIC) and exporters like PNG Coffee Roasters and Monpi Coffee offer extension certification and provide support to coffee associations in accessing domestic and global markets, an additional opportunity to increase market value for PNG coffee is to identify areas where organic coffee certification can be ascertained. However, price premiums on organic coffee production must be built into a transparent production, grading, and marketing system that incentivises and rewards producers for high quality output.   The authors acknowledge Harry Gimiseve and Wendy Safi for assisting the team with focus groups; their contributions were essential for our improved understanding of coffee-farming communities.   This article appeared first on Devpolicy Blog (devpolicy.org), from the Development Policy Centre at The Australian National University. Rishabh Mukerjee is a Research Analyst at the International Food Policy Research Institute. Helmtrude Sikas Iha is a Consultant and Program Coordinator for the International Food Policy Research Institute in PNG, based in Port Moresby. Damaris Warambukia is an Administrative Officer at the University of Goroka’s Center for Social and Creative Media Division (CSCM).   Disclosure Funding for this work was provided by the Australian Department of Foreign Affairs and Trade and the Australian Centre for International Agricultural Research. This research has not yet been peer-reviewed and any views expressed in this post are not necessarily endorsed by IFPRI.
July 16, 2024
Peopleconnexion PNG is excited to announce the release of our highly-anticipated Salary Guide for 2024/25. Every two-years, Peopleconnexion PNG collects salary and remuneration data, specifically tailored for the unique employment landscape and market in Papua New Guinea. As recruitment & HR specialists in Papua New Guinea (PNG), we found the most common question among clients and employers was ‘can you provide me with guidance on salaries?’. So, since 2014, Peopleconnexion PNG have sold hundreds of copies of the Salary Guide, as a go-to resource to support businesses and employers in making strategic, fair and competitive compensation decisions. The Peopleconnexion Salary Guide offers a wealth of industry-specific salary data and insights, making it an essential resource for organisations looking to understand, and align, compensation strategies with real, actionable insights drawn from a large and representative data set of professionals and employers across leading industries in Papua New Guinea. With the contrasting market conditions and the evolving demands of the workforce in PNG, it is essential for employers to stay informed about salary benchmarks and industry standards to make strategic decisions. Our cultural diversity, coupled with abundant natural resources, continues to lure investors to our doorstep. In addition, the ebbs and flows of national progress in our key green and brown field export sectors have meant the general sectors have had to be more deliberate in their organisational design, building resilience and adaptability to produce improved sustainable outcomes. The days of neglecting the workforce and not investing in them are well behind us, and as we look to the future, we are confident that this publication serves as a critical tool for fostering transparency and fairness in compensation practices, ultimately contributing to the sustained growth and development of our businesses and workforce. Managing Director, Kristine Berry has emphasised the value of the Guide: "Our Salary Guide is a result of extensive research and the valuable contributions of numerous businesses across PNG. It is designed to be a practical tool for HR professionals, executives, and directors, enabling them to make data-driven decisions that enhance their organisation's competitive edge". We take great pride in our rigorous data collection process, which ensures the most accurate and representative salary benchmarks. Every year, we strive to enhance our methodologies and expand the scale and scope of the data we collect. This edition has been developed by collating over 8,500 data points, including more than 3,000 responses from the PNG Salary Survey, completed by both local and expatriate professionals. We also gathered data from over 25 companies, representing over 5,000 employees in PNG. These clients provided insights on salaries, hiring intentions, benefits, remuneration packages, and general recruitment and HR trends. Additionally, Peopleconnexion PNG has leveraged on our Contractor and Placement database, including data and roles from over 500 professionals' salaries in 2024. Here's what our 2024/25 Salary Survey offers employers: Strategic Decision-Making: Informed budgeting and competitive positioning using industry salary data from over 200 positions across 25 key/major industries in PNG. Employee Retention data: Tailor competitive packages to specific roles, to combat turnover by understanding general employee retention trends. Performance Improvement: Boost motivation and productivity through fair compensation and effective talent management. Organisational Planning: Using salary data for future planning, including expansions and restructuring. To learn more about the 2024/25 PNG Salary Guide or request an invoice, visit the Peopleconnexion website at: https://www.peopleconnexion.com/png-salary-guide-2024-25/ About Peopleconnexion: Peopleconnexion is a trusted provider of Talent Management Solutions to our clients across PNG and the wider APAC region. Committed to connecting businesses with top talent, Peopleconnexion offers a range of services including executive search, recruitment, contracting/labour-hire, payroll, training and development and HR consulting.
July 16, 2024
Peopleconnexion PNG is excited to announce the release of our highly-anticipated Salary Guide for 2024/25. Every two-years, Peopleconnexion PNG collects salary and remuneration data, specifically tailored for the unique employment landscape and market in Papua New Guinea. As recruitment & HR specialists in Papua New Guinea (PNG), we found the most common question among clients and employers was ‘can you provide me with guidance on salaries?’. So, since 2014, Peopleconnexion PNG have sold hundreds of copies of the Salary Guide, as a go-to resource to support businesses and employers in making strategic, fair and competitive compensation decisions. The Peopleconnexion Salary Guide offers a wealth of industry-specific salary data and insights, making it an essential resource for organisations looking to understand, and align, compensation strategies with real, actionable insights drawn from a large and representative data set of professionals and employers across leading industries in Papua New Guinea. With the contrasting market conditions and the evolving demands of the workforce in PNG, it is essential for employers to stay informed about salary benchmarks and industry standards to make strategic decisions. Our cultural diversity, coupled with abundant natural resources, continues to lure investors to our doorstep. In addition, the ebbs and flows of national progress in our key green and brown field export sectors have meant the general sectors have had to be more deliberate in their organisational design, building resilience and adaptability to produce improved sustainable outcomes. The days of neglecting the workforce and not investing in them are well behind us, and as we look to the future, we are confident that this publication serves as a critical tool for fostering transparency and fairness in compensation practices, ultimately contributing to the sustained growth and development of our businesses and workforce. Managing Director, Kristine Berry has emphasised the value of the Guide: "Our Salary Guide is a result of extensive research and the valuable contributions of numerous businesses across PNG. It is designed to be a practical tool for HR professionals, executives, and directors, enabling them to make data-driven decisions that enhance their organisation's competitive edge". We take great pride in our rigorous data collection process, which ensures the most accurate and representative salary benchmarks. Every year, we strive to enhance our methodologies and expand the scale and scope of the data we collect. This edition has been developed by collating over 8,500 data points, including more than 3,000 responses from the PNG Salary Survey, completed by both local and expatriate professionals. We also gathered data from over 25 companies, representing over 5,000 employees in PNG. These clients provided insights on salaries, hiring intentions, benefits, remuneration packages, and general recruitment and HR trends. Additionally, Peopleconnexion PNG has leveraged on our Contractor and Placement database, including data and roles from over 500 professionals' salaries in 2024. Here's what our 2024/25 Salary Survey offers employers: Strategic Decision-Making: Informed budgeting and competitive positioning using industry salary data from over 200 positions across 25 key/major industries in PNG. Employee Retention data: Tailor competitive packages to specific roles, to combat turnover by understanding general employee retention trends. Performance Improvement: Boost motivation and productivity through fair compensation and effective talent management. Organisational Planning: Using salary data for future planning, including expansions and restructuring. To learn more about the 2024/25 PNG Salary Guide or request an invoice, visit the Peopleconnexion website at: https://www.peopleconnexion.com/png-salary-guide-2024-25/ About Peopleconnexion: Peopleconnexion is a trusted provider of Talent Management Solutions to our clients across PNG and the wider APAC region. Committed to connecting businesses with top talent, Peopleconnexion offers a range of services including executive search, recruitment, contracting/labour-hire, payroll, training and development and HR consulting.
July 18, 2024
The countdown is on for The 2024 Regulators Summit from 30th to 31st July at Stanley Hotel in Port Moresby, Papua New Guinea, with the theme, “Interoperability: Connect and Co-create.” The Investment Promotion Authority of PNG and the Department of Information, Communication and Technology informed business houses, key stakeholders, regulatory agencies, government departments, development partners, foreign missions, legal and accounting firms, private sector networks, and peak bodies on the hosting of the Summit. In a press briefing at the IPA headquarters, the two agencies said they value inputs from private sector and industry bodies at this significant event through feedback and critiques on how regulations are affecting the country’s business environment. The outcomes and appropriate recommendations from the Summit will be presented to the Government and relevant agencies. The Summit will center on enhancing cooperation among regulatory agencies and improving the regulatory environment for businesses. IPA Managing Director Mr. Clarence M. Hoot explained: “We will be concentrating on how agencies can work together more effectively to streamline regulatory processes and support business growth.” Mr. Hoot expressed IPA’s enthusiasm for hosting the summit, stating: “We are excited to invite both local and international stakeholders to this year’s Regulator Summit.” “Our aim is to create a platform where regulators and the private sector can come together to discuss regulatory frameworks and their impact on business operations.” The 2024 Summit will follow the success of the first Regulator Summit held in 2019. Reflecting on the inaugural event, Mr. Hoot noted: “In 2019, we were encouraged by the strong interest from government regulators and private sector representatives. The summit demonstrated the need for ongoing dialogue between these two crucial groups.” The event will feature a diverse range of international speakers, including representatives from the World Bank, the International Finance Corporation (IFC), and Professor Chan from the University of New South Wales. International experts, development partners, key regulatory agencies, and the academia will also speak at the Summit. These experts will share global best practices and discuss how other economies handle regulatory challenges. “We are bringing in experts from around the world to provide insights on successful regulatory practices and to help us benchmark against international standards,” said Mr. Hoot. The summit will include sessions with local regulatory agencies and private sector practitioners. Mr. Hoot emphasized: “We will facilitate discussions where businesses can raise concerns and offer practical criticisms aimed at improving the regulatory framework.” “This is not just about talking but also about finding actionable solutions,” he added. “Our goal is to move beyond mere discussions and to produce a set of recommendations that can be presented to the National Executive Council for further action.” “We are pleased to partner with DICT on this initiative, as their expertise in information technology is crucial for achieving our goal of regulatory interoperability.” Mr. Kamis Yalakun, Manager of the Investment Promotion Unit, also stated the importance of having international expert speakers presenting on the best models that other world economies are using to automate their system compared to PNG. According to a country diagnosis study in 2013 on doing business and trading across borders, most of the PNG government system regulations are not streamlined, leading to the state losing millions in revenue. The IPA also plans to manage attendance through a registration process to ensure the participation of the most relevant stakeholders. “While the event is open to all interested parties, we will be controlling registrations to maintain a focused, productive environment,” explained Mr. Yalakun. Government agencies and regulators attending the summit include PNG Customs, Internal Revenue Commission (IRC), NAQIA, PNG Ports, National Capital District Commission (NCDC), BPNG and other regulatory agencies. Mr. Hoot said: “As we go through these challenging economic times, it is vital that we harness these opportunities for dialogue and cooperation. The outcomes of this summit will have far-reaching benefits for both the government and the business community.” Participation in this event is strictly by registration and confirmation from IPA. Registration details are available through the IPA’s website, and inquiries can be directed to the designated contacts for the summit. For more information, please visit the Investment Promotion Authority’s official website or contact the event coordinators listed below: Mr Kamis Yalakun, Email: kyalakun@ipa.gov.pg Ms Dorothy Mokoko, Email: dmokoko@ipa.gov.pg Ms Beverly Piawu, Email: beverlyp@ipa.gov.pg  
July 18, 2024
The countdown is on for The 2024 Regulators Summit from 30th to 31st July at Stanley Hotel in Port Moresby, Papua New Guinea, with the theme, “Interoperability: Connect and Co-create.” The Investment Promotion Authority of PNG and the Department of Information, Communication and Technology informed business houses, key stakeholders, regulatory agencies, government departments, development partners, foreign missions, legal and accounting firms, private sector networks, and peak bodies on the hosting of the Summit. In a press briefing at the IPA headquarters, the two agencies said they value inputs from private sector and industry bodies at this significant event through feedback and critiques on how regulations are affecting the country’s business environment. The outcomes and appropriate recommendations from the Summit will be presented to the Government and relevant agencies. The Summit will center on enhancing cooperation among regulatory agencies and improving the regulatory environment for businesses. IPA Managing Director Mr. Clarence M. Hoot explained: “We will be concentrating on how agencies can work together more effectively to streamline regulatory processes and support business growth.” Mr. Hoot expressed IPA’s enthusiasm for hosting the summit, stating: “We are excited to invite both local and international stakeholders to this year’s Regulator Summit.” “Our aim is to create a platform where regulators and the private sector can come together to discuss regulatory frameworks and their impact on business operations.” The 2024 Summit will follow the success of the first Regulator Summit held in 2019. Reflecting on the inaugural event, Mr. Hoot noted: “In 2019, we were encouraged by the strong interest from government regulators and private sector representatives. The summit demonstrated the need for ongoing dialogue between these two crucial groups.” The event will feature a diverse range of international speakers, including representatives from the World Bank, the International Finance Corporation (IFC), and Professor Chan from the University of New South Wales. International experts, development partners, key regulatory agencies, and the academia will also speak at the Summit. These experts will share global best practices and discuss how other economies handle regulatory challenges. “We are bringing in experts from around the world to provide insights on successful regulatory practices and to help us benchmark against international standards,” said Mr. Hoot. The summit will include sessions with local regulatory agencies and private sector practitioners. Mr. Hoot emphasized: “We will facilitate discussions where businesses can raise concerns and offer practical criticisms aimed at improving the regulatory framework.” “This is not just about talking but also about finding actionable solutions,” he added. “Our goal is to move beyond mere discussions and to produce a set of recommendations that can be presented to the National Executive Council for further action.” “We are pleased to partner with DICT on this initiative, as their expertise in information technology is crucial for achieving our goal of regulatory interoperability.” Mr. Kamis Yalakun, Manager of the Investment Promotion Unit, also stated the importance of having international expert speakers presenting on the best models that other world economies are using to automate their system compared to PNG. According to a country diagnosis study in 2013 on doing business and trading across borders, most of the PNG government system regulations are not streamlined, leading to the state losing millions in revenue. The IPA also plans to manage attendance through a registration process to ensure the participation of the most relevant stakeholders. “While the event is open to all interested parties, we will be controlling registrations to maintain a focused, productive environment,” explained Mr. Yalakun. Government agencies and regulators attending the summit include PNG Customs, Internal Revenue Commission (IRC), NAQIA, PNG Ports, National Capital District Commission (NCDC), BPNG and other regulatory agencies. Mr. Hoot said: “As we go through these challenging economic times, it is vital that we harness these opportunities for dialogue and cooperation. The outcomes of this summit will have far-reaching benefits for both the government and the business community.” Participation in this event is strictly by registration and confirmation from IPA. Registration details are available through the IPA’s website, and inquiries can be directed to the designated contacts for the summit. For more information, please visit the Investment Promotion Authority’s official website or contact the event coordinators listed below: Mr Kamis Yalakun, Email: kyalakun@ipa.gov.pg Ms Dorothy Mokoko, Email: dmokoko@ipa.gov.pg Ms Beverly Piawu, Email: beverlyp@ipa.gov.pg  

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