report

ICCC releases final MVIL report

The final report and contract have been updated after incorporating the submissions and comments received from all relevant stakeholders. The final report contains the ICCC’s determinations and new premiums paths that will be implemented in the new regulatory period, which will effective from 1st January 2023 to 31st December 2027. 

USP report on alleged mismanagement two months away

The terms of reference for the investigation have been drawn up and sent to University Council members for their approval.

In a statement, the university said once the terms are approved, the risk and audit committee will invite several independent investigators to register their interest.

The Fiji Independent Commission Against Corruption is conducting a separate investigation into the allegations, which were first reported by Islands Business last month.

Unresolved national issues report launched

Lest We Forget is a review of 20 unresolved national issues and the launch of the review intends to act as a reminder for the new government of those outstanding cases.

“Previous cases of corruption cannot simply be ignored – the People of Papua New Guinea demand that these issues must be resolved,” TIPNG said in a statement.

The review of 20 cases spans from 2007 to 2017, covering both the Somare and O’Neill regime.

PNG lacks housing affordability data to solve issue

The country’s think-tank National Research Institute latest report on Affordable Housing revealed that it is still unclear which households are targeted by the affordable housing program, and the roles of government housing agencies and private property developers in providing housing are not clearly de­lineated.

The Report stated that the housing prices are generally high and many people may find it difficult to meet the requirements to access the FHOS, especially the initial 10% housing loan amount as well as the 4% interest rate on the loan.

PNG rises in ‘Ease of doing business’ - report

This year’s edition of the report has placed PNG 119th out of 190 economies, after placing 133 in 2015.

This is primarily due to improvements in starting a business and getting credit.

In an interview with Business Advantage PNG, Lae Chamber of Commerce and Industry President, Alan McLay, says that the statistics primarily reflect the ease of doing business in Port Moresby, rather than the rest of the country.

New church report alleges 'slow motion genocide' in West Papua

The Catholic report says Muslims are being radicalised in the once predominantly Christian Papuan provinces, and very active militias are burning down Papuan houses.

The report was compiled by the Brisbane Catholic Justice and Peace Commission's Shadow Human Rights Fact Finding Mission to West Papua, following a visit last month.

It has not yet been publicly released, nor comment sought from Indonesian authorities.