The Young Minds Savings Campaign (YMSC) is currently being rolled out across six schools in the East New Britain (ENB) province, aimed at financially empower students through financial literacy. Running from August 25th to August 27th, the campaign aims to empower school students with essential financial literacy skills on savings and budget and opening bank accounts. The initiative is part of the National Government’s National Financial Inclusion Strategy (NFIS) 2023–2027 and provincial engagement programmes, coordinated by the Centre for Excellence in Financial Inclusion (CEFI). It’s being delivered in partnership with the East New Britain Provincial Government, with support from the Bank of Papua New Guinea (BPNG) and major financial sector stakeholders, including the Securities Commission of PNG, Treasury, and leading banks, superfunds, and insurance providers. Over the three-day campaign, the YMSC reached six schools within and outside Kokopo town, including: • Kokopo Primary School • Kokopo Secondary School • St Martin Primary School • Malaguna Technical School • Kerevat Primary School • Kerevat National High School Students took part in interactive awareness sessions, discussions with financial experts, and opportunities to open savings accounts on site. Speaking ahead of the campaign, Mr. Peter Samuel, Acting Executive Director of CEFI, said that school children are the leaders and entrepreneurs of the future. “By encouraging a culture of saving at an early age, students would be equipped with the tools to take control of their financial future.” The initiative directly contributes to the NFIS target of opening two million new bank accounts nationwide. Participating institutions in this campaign include Credit Guarantee Corporation (CGC), MiBank, Women’s Micro Bank, BSP Financial Group Limited, Kina Bank, Teachers Savings and Loan Society (TISA), Kada Poroman, Nasfund, Nambawan Super, Credit Bank, East New Britain Savings & Loans, BSP Life, among other licensed financial organizations. Meanwhile, the campaign has already proven effective in two provinces last year, that is Milne Bay and West New Britain.

The recent launching of the National Banking Corporation (NBC) VISA Debit card is just the start of things to come for the newest bank in the country to roll out more modern banking services for its customers across Papua New Guinea (PNG). This was revealed by NBC’s Chief Executive Officer (CEO), Mr. Paul Thornton at the launching on Thursday 21st August at the NBC branch at the Vision City Shopping Mall in Port Moresby city. He said the VISA launch is part of a broader transformation in how they serve customers. “Our vision is clear; we aim to expand access to modern banking across the country by innovating with technology that brings our services closer to the people. We are committed to delivering products that are simple, secure, and designed to meet real needs.” “In the months ahead, we will continue to introduce solutions that empower individuals, strengthen businesses, and support communities, ensuring NBC remains the bank that understands and works for the people of Papua New Guinea.” Meanwhile, the NBC’s VISA Debit card is now available to customers nationwide.

The price inspection on the thirteen (13) household items exempted from the ten percent (10%) Goods and Services Tax (GST) under the government’s zero-rating policy, has found multiple breaches to this policy in the Highlands Region. The operation, led by the Internal Revenue Commission (IRC) in strategic collaboration with the Independent Consumer and Competitions Commission (ICCC) and the Papua New Guinea (PNG) Customs Services, was launched recently in Goroka in Eastern Highlands province with inspections targeting retail outlets selling the 13 designated zero-rated items. Preliminary findings from this inspection revealed multiple breaches. Several retailers (shops) were found to be charging GST on items officially listed as zero-rated. In response, formal warning notices were issued, instructing immediate rectification of pricing and the Point of Sale (POS) configurations, and non-compliance will attract escalated enforcement measures, including financial penalties and potential prosecution. IRC Commissioner General Mr. Sam Koim said these beaches are unacceptable as these retail shops are continuing to charge high prices to customers on those basic household items that their government has exempted tax from already. “We will not tolerate deliberate profiteering at the expense of households. Businesses who fail to comply will face the full force of the law, including financial penalties and prosecution,” Mr. Koim strongly stated. As per the campaign, inspection teams conducted rigorous checks on: - Retail pricing structures, to verify that GST was not erroneously applied - POS systems, to ensure correct tax coding and transaction accuracy Meanwhile, this inspection campaign will extend to other Highlands provinces in the coming weeks. The IRC and its partner agencies remain resolute that retailers who persist in undermining the zero-rating policy will face decisive action. The zero-rating of essential goods is a deliberate government intervention to ease cost-of-living pressures. Its integrity must be upheld. The IRC calls on all retailers to comply fully and ensure their systems reflect the correct GST status of affected goods.

Tomorrow, Tuesday 26th August, is National Repentance Day and the Prime Minister of Papua New Guinea (PNG) is urging everyone to use the day to reflect and reset as the country marks its 50th Independence Anniversary. Prime Minister James Marape said National Repentance Day is a time of reflection, forgiveness, renewal, and a reset of true Christian character before God and each other. He reminded citizens that since 1975, Papua New Guinea has always declared its identity as a Christian nation, recognizing the God of Abraham, Isaac, and Jacob, the Almighty Creator. “Our forefathers placed this nation under the guidance of God when they raised the flag on Independence Hill in 1975,” he said. “As a Christian people, we are accountable to God in the way we live, in the way we govern, and in the way, we treat each other. Repentance Day is therefore not just a public holiday, but a sacred day for us to humble ourselves, to say sorry for our wrongs, and to commit ourselves to a new way of living.” Repentance Day was first declared in 2008 by the Founding Father, Grand Chief Sir Michael Somare. Prime Minister Marape, then a minister, was present to witness its inauguration. Meanwhile, with the nation’s golden jubilee only three weeks away, Prime Minister Marape said this year’s Repentance Day carries even greater significance. “In just three weeks, Papua New Guinea will turn 50. We must ask ourselves: What have we done with the gift of independence entrusted to us by our forefathers? Have we honoured God? Have we honoured one another?” “As we prepare to celebrate 50 years of independence on 16 September 2025, let us use this Repentance Day to say sorry for the wrongs of the last 49 years, to forgive each other, and to make a firm resolution to enter the next 50 years with clean hearts and renewed minds.” He further reflected: “The Scripture in Leviticus 25:8–10 speaks of a national reset after 49 years, a time of restoration and renewal. As we now step into our 50th year, let us follow this divine instruction — to reflect deeply, renew our characters, and commit ourselves to a fresh beginning for Papua New Guinea.” The Prime Minister concluded with a strong call for unity, forgiveness, and the renewal of national character: “If every citizen of this nation honours God and respects their neighbour, there will be no corruption, no gender-based violence, no tribal fighting, no abuse of law, and no destruction of property. Instead, there will be peace, unity, prosperity, and the blessing of God over our country." “I urge all Papua New Guineans — leaders and citizens alike — to take this Repentance Day seriously. Let us reflect, forgive, and recommit ourselves to God, to each other, and to our nation.”

The United Nations Secretary General, Mr. His Excellency António Guterres will be visiting Papua New Guinea (PNG) in the first week of September, coinciding with the country’s 50th Independence Anniversary celebrations’ lead up events. His visit was confirmed by Prime Minister James Marape, who had sent out an invitation earlier for the head of the UN to come over, where he will be in the country from Tuesday September 2nd to Friday, September 5th. The Prime Minister said this will be the first time a UN Secretary-General will spend four consecutive days in Papua New Guinea, underscoring the importance of the country’s 50- year journey of democracy, peace, and development. “Fifty years on, this is the first time ever that a United Nations Secretary-General has come to our country. And it is not just a fly-in, fly-out visit, but a four-day stay – something quite unprecedented for the Secretary-General in any single location globally,” Prime Minister Marape said. “This visit is a profound honour for our people. The Secretary-General’s presence demonstrates recognition of Papua New Guinea’s consistent respect for democracy, individual freedoms, human rights, and peacebuilding since Independence.” He highlighted that the visit will also acknowledge the Bougainville Peace Agreement of 30th August 2001, a landmark in peace and reconciliation, and PNG’s role in maintaining peace and unity within its diverse communities. During his stay, Secretary-General Guterres will: • Call on the Governor-General, the Head of State, and meet with Prime Minister Marape. • Address the National Parliament on Wednesday, 3 September. • Travel to Mt Hagen in the Highlands on Thursday to witness community peace initiatives and visit forest areas that showcase Papua New Guinea’s rich biodiversity. • Return to Port Moresby on Friday before departing that afternoon. Prime Minister Marape said the Secretary-General is expected to speak on Papua New Guinea’s global significance as one of the world’s great biodiversity hubs, and to recognize the nation’s leadership in environmental stewardship and sustainable development. “This September will be a momentous month. As we celebrate 50 years of Independence, we are humbled that global leaders, including the UN Secretary-General and His Royal Highness Prince Edward will join us. Their presence affirms that Papua New Guinea is not isolated, but a respected member of the international community,” said PM Marape. He urged Papua New Guineans to unite in dignity and respect as the country welcomes international guests during this historic golden jubilee.

The new National Banking Corporation (NBC) launched its latest product aimed at enabling ease in banking service for its customers. On Thursday 21st August at the NBC branch located at the Vision City mall in Port Moresby city, the bank launched its VISA Debit Card. NBC Chief Executive Officer (CEO), Paul Thornton said the launch reflects their strong commitment to transforming banking in Papua New Guinea (PNG). “We aim to create a system that is not only user-friendly but also seamlessly connected, ensuring that it meets the diverse needs of our community.” “As the people’s bank, our role is to make banking simpler, more relevant, and more accessible for Papua New Guineans and our residents.” “The introduction of our VISA Debit Card is another step in delivering on that promise. It puts the world within reach, enabling customers a secure smart and seamless payment option whether they’re here at home in PNG, abroad or for online purchases.” “It’s more than just convenience. It’s about access, opportunity, and giving our people the same level of financial freedom enjoyed anywhere in the world.” In the months ahead, NBC will continue to introduce solutions that empower individuals, strengthen businesses, and support communities, ensuring NBC remains the bank that understands and works for the people of PNG.

The Wapenamanda Airport in Enga province remains closed for an indefinite period after the National Airport Corporation (NAC) made the decision to shut down operations there due to the civil unrest that is extremely getting out of hand. According to the NAC, a Notice to Airmen (NOTAM) was issued, confirming the closure of the airport, effective as of Thursday, 21st August 2025. This decision follows escalating civil unrest within the vicinity of the airport, involving the use of firearms and other offensive weapons. In light of these developments, the NAC had to take proactive steps to safeguard passengers, airport staff, and aircraft operations by temporarily closing the airport, until such time as the situation stabilizes and normalcy is restored. NAC regrets any inconvenience caused and says they are closely monitoring the situation. “We will continue to monitor the security situation closely and work with relevant authorities to ensure a safe operating environment before resuming services,” said the NAC. “The situation remains under close monitoring, and operations will resume once normalcy is restored and safety is assured.” Meanwhile, the MP for Wapenamanda Miki Kaeok has fallen victim as well to the civil disorder in his electorate when his house was burnt down allegedly by the Yakuman people.

The Prime Minister of Solomon Islands Jeremiah Manele is in country on his two-day visit to Papua New Guinea (PNG) and following his arrival, paid a Courtesy Call on the Governor General Grand Chief Sir Bob Dadae at Government House this afternoon in Port Moresby city, where they held talks on the relations between the two countries. PNG and Solomon Islands established diplomatic relations in 1978 and are the closest Melanesian countries in the Pacific geographically, apart from Vanuatu and Fiji.  There is a significant number of PNG owned and operated businesses in Solomon Islands providing employment opportunities to some 6,000 locals. Prime Minister Manele thanked the Government and people of PNG for the ongoing support and assistance provided to Solomon Islands through education, business and investment in Solomon Islands as well as security and policing through police training and border surveillance and security. Prime Minister Manele was accompanied by Solomon Islands’ former Governor General Sir Frank Kabui and former Prime Minister Rick Houenipwela to the Government House to meet the Governor General. Prime Minister Manele and his delegation arrived in Port Moresby this afternoon. His visit is at the invitation of PNG Prime Minister James Marape to participate in the inaugural WanSol charity golf tournament set for tomorrow at the Royal Port Moresby Golf Club.

Prime Minister James Marape has met with the newly elected Member for Usino Bundi and has assured him of the government’s support for infrastructure in his electorate in the Madang province. Addressing concerns raised by the new Member of Parliament (MP), Prime Minister Marape assured him that over the remaining 18 months before the 2027 National General Elections, the government will work closely with the new MP to address pressing issues, including improving road access within the electorate. The Prime Minister also emphasized the need to extend infrastructure improvements beyond major highways. "Just because the Ramu Highway runs through the electorate does not mean that the district roads leading to the people in the villages are in good condition," he said. "Other roads to remote pockets of the electorate like Bundi and Gamai areas must also be fixed." In addition, Prime Minister Marape is committed to addressing the benefits from the Ramu Nickel Mine. He plans to check existing agreements to see where the government can secure more benefits for the local people, while ensuring compliance to relevant laws of the country and the project agreement. He also mentioned that he would be looking into the Yandera project in Madang Province.

No more standing in long queues for long hours at the bank to make deposits, BSP customers can now make deposits with ease by just using an ATM. The first Deposit ATMs went live today, Wednesday 20th August 2025, at BSP’s Waigani Banking Centre in Port Moresby city, marking the pilot phase of this new service. BSP Group General Manager for Retail Banking, Ronesh Dayal, said the initiative is part of BSP’s major upgrade to its ATM network, bringing state-of-the-art banking technology to PNG and across the South Pacific. “We are rolling out 600 new ATMs across the BSP Group, reaffirming our commitment to making banking more accessible. This upgrade will introduce deposit-enabled ATMs in many of our markets, saving our customers time and reducing queues at our branches,” Mr. Dayal said. The rollout follows BSP’s partnership with NCR Atleos Corporation, a global leader in self-service financial solutions, signed in January this year. BSP Retail Head of Payments, William Koregai, said pilot sites in NCD include Waigani Banking Centre and Waterfront, with other branches to follow soon. Deposit ATMs will be rollout across PNG in coming months and later to the Pacific Markets – Fiji, Tonga, Samoa, Vanuatu, Solomon Islands, and Cook Islands.

The newly elected Member for Usino- Bundi district in Madang province, Vincent Ambane Kumura, has joined the Government ranks and Prime Minister James Marape is quite happy about it, saying that he represents a new generation of leaders. During a meeting at the Office of the Prime Minister in Waigani, Port Moresby, Prime Minister Marape congratulated Mr. Kumura and praised his commitment to Public Service. He described him as one of those leaders who would take proactive steps to serve their communities without waiting for government funding, a type of leader that is desirable in the country. "These are the type of leaders that Papua New Guinea needs," Prime Minister Marape said. "They use their own resources to help their people until government support becomes available." Marape found a personal connection in Kumura's path to politics, drawing a comparison to his own. He pointed out that both him and the new Member of Parliament (MP) chose to work directly with their communities on the ground before seeking a place in government. Meantime, when addressing concerns raised by the new MP, PM Marape gave his assurance of government support in Kumura’s electorate, by guaranteeing that government will work closely with the new MP to address pressing issues, including improving road access within the district before the 2027 National General Election. MP Kumura came into office following the recently by election for the Usino Bundi seat. The seat became vacant following the passing of the former Member, late Jimmy Uguro in February 2024.

Today saw the British Government, presented the Regimental Colours of both the First and Second Royal Pacific Islands Regiments (PIR) to the Government of Papua New Guinea (PNG) in preparation for the Trooping of Colours come September, a day before the 50th Independence Anniversary. Minister for Foreign Affairs Justin Tkatchenko was there to receive the Regimental Colours from the British High Commissioner to PNG H.E Anne Macro at the Central Government Office building at Waigani, Port Moresby city. Minister Tkatchenko said these Papua New Guinea Defense Force (PNGDF) Regimental Colours embody the history, spirit, and tradition of the units to which they belong. They are highly valued, carefully guarded, and treated with the greatest respect. “This presentation is especially meaningful as it comes at a time when Papua New Guinea is preparing to mark 50 years of Independence,” said the minister. “We are deeply honoured that His Royal Highness, Prince Edward, representing His Majesty King Charles III, will officially present these Regimental Colours during his Visit in September this year. That presentation will symbolize not only the loyalty and service of our military but also the enduring friendship and partnership between the government of Papua New Guinea and the government of the United Kingdom.” These Regimental Colours will be presented on the 15th of September at the Murray Barracks in Port Moresby city. The Regimental Colours also include the new King's Colours which replaces that of the Queen's Regimental Colours. High Commissioner Macro also highlighted the significance of the Regimental Colours. “I am very pleased to be able to handover to the Papua New Guinea Government on behalf of the British Government and the people of the United Kingdom this 50th Anniversary gift of new Colours of the First and Second Regiments,” said the British High Commissioner. "Regimental Colours are not just flags, they’re important symbols that represent spirit, history and honour of a military unit." "There origins were traced back to the days when flags were used in the battle fields to help soldiers identify their own units amongst the chaos of combat. Over time, they evolved into ceremonial emblems of pride and tradition." "Each colour bares the insignia, the battle honours and regimental symbols unique to that unit. They tell the story of the regiment’s past, its founding, its campaigns, and its sacrifices." “They are a visible reminder of a soldier’s oath to serve their King, their country and their comrades,” said High Commissioner Macro. For the Pacific Islands Regiment, these honours include South- West Pacific 1942–45, Kokoda Trail, Finschhafen, Sio- Sepik and others. These sideshows, consecrated in the Colours, serve as a constant reminder to every member of the PNG Defense Force of their duty to Sovereign, Country, and People.