Category Archives: Employment

APEC House on Schedule

Press Release

 

Prime Minister Peter O’Neill made a site inspection of the APEC House in Port Moresby yesterday and expressed,

“The APEC house is certainly going to host one of the very most important meetings ever held in this country in November this year. This is an historic event for Papua New Guinea and for the Asia Pacific region. The Issues that are going to be discussed in this particular building will have impact on the global stage. The 21 Nations that are going to be here on that occasion will represent over 50% of global trade and 50% of the global GDP. This 21 Nations play a very important role in the global economy and the economic growth that we continue to have in the region.

The Asia Pacific is seen as the engine room for the global economic growth and the meetings are going to have enamours impact on the confidence of investors that are going to come and invest in our country. Many countries around the world and many investors especially do not have much knowledge about our country, they do not know where our country is and do not know the potential of our country. That’s why such global events like this is another opportunity for PNG to show case itself to the investment community all around the world.

PNG will be highlighted in every Television stations and Newspapers around the world in that particular week in November and that is an important exposer for Papua New Guinea. I am pleased that this particular building is taking shape according to the timetables that are being set and on schedule and PNG is looking forward to welcoming the leaders that are going to come.

I would like to announce that we have already secured the services of the P&O cruisers, three large cruise ships that will be parked here in Port Moresby at our harbour which will cater for 4,000 rooms that will adequately accommodate for all the candidates that will come in to this country, and also in addition to that, Hilton Hotel is now on schedule to be completed well before November. So I want to assure the Nation and our people that we are now ready to host this very important event.

Let me also stress again, unlike many of our critics who said that we are spending billions of Kina in terms of hosting this event we all know we don’t have such money. We have spent less than five hundred million kina by the time we finish in November. The benefits that will come to this Nation is far more than what we have spent we have spent. The billions of kina that will be attracted in terms of investment will be far more than the investment that we are making in hosting this event. So lets us embrace this occasion let us work together in welcoming our most important VIPs including the President of the United States , President of Russia , President of China, Prime Minister of Japan, and many of the other global players that we read and hear about are going to make a first time trip to Papua New Guinea, and on that occasion let us showcase our best.

Let me thank the constructors of this building. Oil Search our partners in developing this building. APEC Minister and his staff and all the construction workers and every person who is involved in this process without your contribution and without your efforts we will not make it a success. Let us stay focus and let us perform beyond our expectations to showcase the best of our ability so that we will be able to have a very successful APEC meeting in PNG.

This is our first meeting that we are hosting as a member country. We have been a member for over 20 years and we have never hosted an APEC meeting. We have been just a attendant and observer in many of this proceedings whereas many other economies have hosted it two or three times already. So it is our turn to stand up and be counted in that particular organisation, that is why we are hosting this meeting for the first time in this country. It maybe another 20 or 30 years before we host another one. So let us make the best of it when we can. As I’ve stated before, after this meeting this building will be a world class museum showcasing our arts and culture that is unique to the world, and I can assure you that this will be the number one tourist destination in the country for many years to come.”

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O’Neill Warns Contractors Over Funds

By : Post Courier

 

Prime Minister Peter O’Neill has warned contractors that they will be held accountable for every toea in public funds they are given for construction of public infrastructure.

He was referring to classrooms throughout the nation.

He said with more schools and classrooms being built, contractors will be held accountable for every toea in public funds they are given for construction.

That is the clear message delivered by Mr O’Neill when opening a new classroom building in Kimbe, West New Britain Province.

“Continuing to improve education is our government’s commitment to our future generations.

“Better education provides the greatest hope for our children, particularly in remote and rural areas.

“In 2018 we have allocated K1.29 billion for the education sector, which is nearly 9 per cent of National Budget. This is an increase of 13 per cent from the 2017 Supplementary Budget.

“We have placed more than an additional one million students in school over the past five years, and now we are applying additional focus on improving the quality of education.

“Now we are building more schools and classrooms.”

The Prime Minister issued a stern warning to all companies involved in the construction of school projects, that public money will be fully accounted for and documented.

“Many times the Government has given contracts to certain contractors who fail to complete their jobs and run off with payments.

“This must stop and we are looking back at previous contracts to identify any irregularities for further investigation.

“It is vital for our children to have proper buildings to learn, and any time there is fraud this deprives our children of their right to education.

“We also have seen a number of builders that have delivered high-quality school buildings and their commitment and accountability is helping us to advance the Nation.”

School Contractors Warned! – O’Neill

**** PM O’Neill: Contractors to be Held Accountable as More Schools and Classrooms Built Around Papua New Guinea ****

4th December 2017

 

With more schools and classrooms being built around the Nation, contractors will be held accountable for every Toea in public funds they are given for construction.

That is the clear message delivered by the Prime Minister, Hon. Peter O’Neill CMG MP, when opening a new classroom building in in Kimbe, West New Britain Province.

“Continuing to improve education is our government’s commitment to our future generations.

“Better education provides the greatest hope for our children, particularly in remote and rural areas.

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“In 2018 we have allocated 1.29 billion Kina for the Education Sector, which is nearly nine per cent of National Budget. This is an increase of 13 per cent from the 2017 Supplementary Budget.

“We have placed more than an additional one million students in school over the past five years, and now we are applying additional focus on improving the quality of education.

“Now we are building more schools and classrooms right around the country.”

The Prime Minister issued a stern warning to all companies involved in the construction of school projects, that public money will be fully accounted for and documented.

“Many times the Government has given contracts to certain contractors who fail to complete their jobs and run off with payments.

“This must stop and we are looking back at previous contracts to identify any irregularities for further investigation.

 

“It is vital for our children to have proper buildings to learn, and any time there is fraud this deprives our children of their right to education.

“We also have seen a number of builders that have delivered high-quality school buildings, and their commitment and accountability is helping us to advance the Nation.”

In opening the new classroom building at the Waisisi Primary School in the Talasea District, West New Britain Province, PM O’Neill congratulated all who had worked on the project.

“As I officially open this newly built classroom building, today, I thank the school board and the builders for doing an outstanding job.”

The Prime Minister further noted the growth that was occurring in the Talasea District and said the Government has met with the Boundaries Committee and have decided that Talasea District will soon become two districts, given it’s vast population and land boundaries.

NO NEW TAXES – Tax Payers Delight

30th November 2017

 

The handing down of the National Budget 2018 drew a sigh of relief for averages citizens in the country. For the first time in many years, there was NO NEW TAXES in the budget.

 

The Government has however decided to ensure that the Internal Revenue Commission goes out and does what it is required to do, COLLECT TAXES!

 

The Tax Collection has been lacking in the Commission for many years piling the pressure on the Government to increase taxes in the past. This year, that has been changed and NO new Taxes or any increase in Taxes are included in the Budget.

 

The Government has also removed the “Training Levy” which was supposed to raise K75m in the 2018 budget

Tax Revenue to reach K3.2 Billion in 2018

BY GORETHY KENNETH

The new revenue strategy, major tax head contributions to revenue are expected to increase above 2017 levels with personal income tax collections expected to reach K3.2 billion in 2018.

It is expected that company tax will reach K1.9 billion; mining and petroleum tax K179 million, gaming machine tax K174.4 million; dividend withholding tax K137.4 million and interest withholding tax K84.2 million.

For the indirect taxes, GST is expected to reach K1.9 billion, excise cuty K782.3 million, import excise K395.1 million, export tax K330 million and import duties K296.1 million.

Non-tax revenues are expected to be substantially higher comprising fees and charges which are expected to reach K175.2 million. Dividends from state owned enterprises and mining and petroleum projects which are expected to reach K1.3 billion.

The dividends are expected from National Fisheries Authority K400 million, Kumul Petroleum Holding Limited K300 million, Ok Tedi K200 million, Bank of PNG K150 million, Kumul Consolidated Holdings K100 million, National Gaming Control Board K75 million and Motor Vehicle Insurance Limited K25 million.

In addition to this, the newly introduced 90:10 Statutory Transfer rule will generate an additional K565 million comprising one off receipts from the National Fisheries Authority of K400 million, National Gaming Control Board K75 million, Kumul Consolidated Holding K40 million, Mineral Resource Authority K30 million, National Maritime Safety Authority K10 million and the Conservation and Environment Protection Authority K10 million

Grants from donor agencies are expected to total K1024.6 million in 2018. Donor grants are subjected to movements in the exchange rates and policies of donors.

Revenue excluding grants as a percentage of GDP has declined over the years from around 20 per cent in 2012 to 13 per cent in 2017.

The 2018 Total Revenue and Grants Budget is projected at K12,730.7 million, an increase of K1751.5 million or 16.0 per cent, compared to the 2017 Supplementary Budget estimates. A number of the revenue increases are one off in nature and these will be utilised to fund adjustment costs such as clearing outstanding arrears and funding one-off expenditure categories such as APEC.


https://postcourier.com.pg/revenue-tax-expected-reach-k3-2-bil-2018/

Tasked to Focus on Restoring Public Administration Structure

Press Release

 

** Acting Provincial Administrator Appointed in Southern Highlands – Tasked to Focus on Restoring Public Administration Structure **

The National Executive Council has appointed Thomas Eluh as Acting Provincial Administrator for Southern Highlands Province.

In making the announcement, the Prime Minister, Hon. Peter O’Neill CMG MP, said strong and capable leadership is required to overcome a number of challenges that have emerged in the region.

A distinguished officer of the Royal Papua New Guinea Constabulary, Mr Eluh, has been tasked to engage with community leaders to restructure the public service system and restore public confidence in provincial administration.

“As an Assistant Commissioner of Police, Mr. Eluh has demonstrated sound judgement and effective leadership,” the Prime Minister said.

“He has wide experience in the public sector, particularly in the Highlands.

“During the course of the recent elections, the Southern Highlands Province experienced a more peaceful polling period than has been seen in many years.

“However, this has since been undermined and this is not acceptable.

“Effective governance must be restored so that people in the province can continue to grow their businesses, and go about their everyday lives without inconvenience.

“The ongoing growth and development of Southern Highlands Province is more important than the ambition of a selfish few individuals.”

PM O’Neill said as Acting Provincial Administrator, Joseph Eluh will work closely with Provincial Police Commander, Joseph Tondop, to improve public order.

“I call on all community leaders in the Southern Highlands to work with Mr Eluh and PPC Tondop to strengthen public administration in the province.

“We all have to work together if we are to see the Southern Highlands Province reach its true potential.

“There is enormous opportunity for small business, particularly in agriculture, in the Southern Highlands.

“The natural attractions of the region are also very inviting for tourists to visit the province.

“With effective leadership we will see these opportunities continue to increase, and with this appointment, we are taking a very big step in the right direction.”

Mr Eluh’s appointment is for a period of three months, during which time he will restore governance structure and systems, ahead of the full-time appointment of a permanent Provincial Administrator.

Oil Search Renews Contract With Link PNG

By : The National

 

OIL Search has renewed its contract with Air Niugini to provide services to the company through Link PNG, the airline’s subsidiary.

Oil Search managing director Peter Botten thanked Air Niugini staff for the quality of service they had been providing.

“We sincerely appreciate the efforts of Air Niugini and Link PNG and, especially the staff who have given us outstanding service. I want to express my personal appreciation to the staff who are such an important part of our logistics and support network,” he said.

“I know of numerous occasions where the staff have gone beyond there normal expectations to deliver a great service to us.”

Link PNG general manager Bruce Alabaster said that it was the continuation of an 11-year arrangement with Oil Search.

“We provide a dedicated aircraft that flies six days out of every seven from here to Moro, from here to Kiunga and also through Moro and Cairns. In addition, we provide a lot of ad hoc flights,” he said.

“It’s a new contract that extends our relationship into the next three years but is something we have been doing for the past 11 years.

“Air Niugini has provided over 8 million kilometers of safe travel to Oil Search employees and uplifted 350,000 passengers as well 1000 tonnes of cargo.”

Alabaster also said Link PNG would be expanding its fleet to cater for an expected increase in demand for such flight arrangements with the Papua LNG project coming up.

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