News In PNG

News In PNG Papua New Guinea News Only, We Repost extensive breaking news and national interest stories.

Seriously Post Courier You Should Wait For Health Minister To Release The Official Press Statement
16/04/2020

Seriously Post Courier
You Should Wait For Health Minister To Release The Official Press Statement

PNG FUNDS ANNOUNCE ASSISTANCE TO WORKERS AFFECTED BY COVID-19The Authorized Superannuation Funds of Papua New Guinea, AS...
07/04/2020

PNG FUNDS ANNOUNCE ASSISTANCE TO WORKERS AFFECTED BY COVID-19

The Authorized Superannuation Funds of Papua New Guinea, ASF, has announced that members whose employment is terminated by their employer as a direct result of COVID-19 will be entitled to a one off payment of 20% of the members own contribution up to a maximum of K10,000.

This amount would be tax free to the member.

This will become effective as soon as the appropriate legislative amendment to the Superannuation General Provisions Act is approved by Parliament. This is work in progress.

The ASF including NASFUND, Nambawan Super, Comrade Trustee Services and Aon Master Trust, in consultation with Bank of PNG support the Government’s announcement to enable financial assistance for affected members who lose their employment directly due to COVID-19

The funds say if the member remains unemployed after 3 months, they will be eligible to receive a monthly unemployment payment equivalent to 50% of their last monthly salary which is already provided for under the Superannuation General Provisions Act.

The ASFs anticipate that job losses as a result of COVID-19 will result in benefit payments of more than K500 million over the course of 2020, in addition to what is already paid in normal unemployment and housing advance benefits.

This also include members who may opt for retirement as employers address the COVID-19 impacts.

The funds say it is expected that whilst some members will look to utilize these benefits in their Retirement Savings Account, some members will choose to invest in their families, whilst some may start up SMEs, all of which will help stimulate economic activity as well as increase the level of taxation received by the State.

http://kalangfm.com/news/png-funds-announce-assistance-to-workers-affected-by-covid-19-478

The Authorized Superannuation Funds of Papua New Guinea, ASF, has announced that members whose employment is terminated by their employer as a direct result of COVID-19 will be entitled to a one off...

PNG Man Becomes Eleventh Case of Covid-19 in LaosA man from Papua New Guinea has tested positive for Covid-19 in Laos, m...
05/04/2020

PNG Man Becomes Eleventh Case of Covid-19 in Laos

A man from Papua New Guinea has tested positive for Covid-19 in Laos, making him the eleventh case confirmed in the country.

The 55-year-old man, a citizen of Papua New Guinea, is an employee of Phu Bia Mining.

The man exhibited symptoms of Covid-19 including coughing and difficulty breathing and was subsequently tested at Vientiane’s Mittaphab “150 Bed” Hospital, one of the hospitals designatedfor coronavirus testing.

The man had traveled to Laos from his home in Papua New Guinea via Singapore on 22 March, then transited through Thailand on 23 March, before staying at the Crowne Plaza Hotel in Vientiane Capital. From there he traveled to work at Phu Bia in a minivan with eleven other passengers.

https://laotiantimes.com/2020/04/05/png-man-becomes-eleventh-case-of-covid-19-in-laos/

A man from Papua New Guinea has tested positive for Covid-19 in Laos, making him the eleventh case confirmed in the country.

31/01/2020
31/01/2020
31/01/2020

The Health Department, with support from the World Health Organization and stakeholders, is on high alert on the possible entry of the novel coronavirus into the country.

31/01/2020

On his recent trip to Canberra, the PNG Treasurer, Ian Ling-Stuckey, took time out from his meetings with the Australian Treasurer and the Minister for International Development to lunch with ten UPNG economics and public policy undergraduates.

31/01/2020

The delay in decisions for major LNG projects is a concern for the economy and has negatively impacted business confidence.

31/01/2020

Morobe Governor Ginson Saonu, as part of his commitment to Wafi-Golpu landowner groups, made presentations of funding and vehicles to empower landowners.

31/01/2020

Papua New Guinea can become a K200 billion economy in the next 10 years with five LNG trains.

31/01/2020

Football lovers and sports goers in Goroka!! Get ready!! The most successful football club in the country, Hekari United FC is coming to town.

31/01/2020

The delayed 2019 term four Tuition Fee Free payments totaling almost K95 million has been paid into all school accounts this week, says Education Secretary Dr Uke Kombra.

31/01/2020

Representatives from the United States and Papua New Guinea governments signed a Memorandum of Understanding signaling the beginning of a new partnership to protect and preserve the PNG’s rich natural...

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