CHRIS OVERLAND
ADELAIDE – Over recent times I have been writing, almost to the point of tendonitis, that China’s decades-long ‘economic miracle’ is a present day replay of how all advanced economies have developed.
First, there is a dramatic acceleration as resources are mobilised in a large scale modernisation and industrialisation phase.
Continue reading "China: White water rafting through history" »
EDDIE TANAGO
| Act Now
PORT MORESBY – If the government's ban on new logging permits is to be effective, it must be total, and extended to cover all types of logging consent.
Last week prime minister James Marape directed the PNG Forest Authority (PNGFA) to stop issuing new permits and permit extensions so the government can meet its 2025 deadline to end the export of unprocessed raw logs.
Continue reading "Govt must crack down on rogue agency" »
Digicel's Denis O'Brien - Australia's China troubles is the tycoon's get rid of debt card
BUSINESS DESK
| The Irish Times | Extract
DUBLIN - The downward spiral in relations between China and Australia in the past year has played into the hands of businessman Denis O’Brien as he looks to further reduce the debt burden of his Digicel telecoms group.
Early last year O’Brien effectively forced bondholders to write off $1.6 billion (K5.6 billion) of what they were owed.
Continue reading "Telstra visit signals Digicel deal is closer" »
James Marape - “We will not come below 52% in negotiating new resource projects"
KEITH JACKSON
NOOSA – Papua New Guinea will never allow the PNG share of resource projects to slip below 52%, prime minister James Marape has said as the nation stands on the threshold of a new resources boom.
Mr Marape said his government was pushing for more than a 50% stake in P’nyang, Pasca, Pandora and other future LNG projects as well as the Wafi-Golpu and Porgera mining projects.
Continue reading "We'll ensure a 52% share for PNG: Marape" »
BERNARD CORDEN
‘Scientific theory is a contrived foothold in the chaos of living phenomena’ - Wilhelm Reich
‘The most basic claims of religion are scientific. Religion is a scientific theory’ - Richard Dawkins
‘The scientific theory I like best is that the rings of Saturn are composed entirely of lost airline luggage’ - Mark Russell
Continue reading "Of matters malevolent - & a fiery stunt" »
CHRIS OVERLAND
ADELAIDE - Commenting on Keith Jackson’s ‘The vandals who trashed our nation’ and other remarks on the Covid crisis, Andrew Brown wrote that “people in small business are going broke by the dozen, the number of empty shops in my local area is frightening”.
And he added, “That is real hardship for people losing everything they have and not having any hope.”
Continue reading "It’s not the economy, it’s the Covid" »
When plans turn to MASH (Illustration - John Shakespeare, Sydney Morning Herald)
CHRIS OVERLAND
ADELAIDE – Keith Jackson (‘The vandals who trashed our nation’) expressed in clear terms the ugly truth of what has happened in the Australian government’s response to Covid-19.
This pandemic will not be over anytime soon. The much vaunted 70% vaccination level spruiked by Morrison, Berejiklian and others will not come close to ending it.
Continue reading "The idea of economy & a need for power" »
James Marape to brief conference on PNG government's plans for improving investment climate
MEDIA RELEASE
| Business Advantage PNG
PORT MORESBY —Papua New Guinea’s prime minister James Marape MP will open the 2021 Business Advantage Investment Conference in Port Moresby next Tuesday.
Mr Marape will outline his government’s strategy for improving the environment for business and investment in PNG to an audience of international and local investors, financiers and senior business executives.
Continue reading "Marape to open business conference" »
KEITH JACKSON
The 'Afore Highway' from Oro Bay, described as "a reasonable gravel track with some challenging sections" is to be upgraded as part of the Mangalas project
NOOSA –Governor Gary Juffa has won the support of prime minister James Marape in establishing the innovative Managalas forest carbon pilot project in the Afore region, located between the Owen Stanley and Hydrographers ranges in Oro Province.
The project, billed as ‘a sustainable integrated land development’ will both conserve rainforest and reforest the grassed plains with cash crops including coffee and coconuts.
Continue reading "Boost to commerce & conservation in Oro" »
KEITH JACKSON
Treasurer Ian Ling-Stuckey used parliament to put reserve bank governor Leo Bakani on the spot (PNG Bulletin)
PORT MORESBY – Papua New Guinea’s Treasurer, Ian Ling-Stuckey, has sent a strong ‘please explain’ to PNG’s central bank governor, Loi Bakani.
Ling-Stuckey minced no words in asking Bakani why he had disassociated the central bank from its own Financial Analysis and Supervision Unit (FASU).
Continue reading "Treasurer confronts Bakani on money-laundering " »
PNG petroleum minister Kerenga Kua and Esso PNG chairman Peter Larden (Lorraine Wohi)
KEITH JACKSON
NOOSA – Papua New Guinea’s petroleum minister Kerenga Kua and ExxonMobil PNG managing director Peter Larden have announced that talks will resume on the P’nyang natural gas project.
In November 2019 negotiations collapsed with the PNG government saying Exxon was unwilling to negotiate on PNG’s terms.
Continue reading "PNG resumes gas field talks with Exxon" »
PNG mining minister Johnson Tuke, who falsely claims PNG mining is sustainable & has trouble wearing a face mask, poses with ambassador Jernej Videtic of the European Union, which is trying to convince PNG that 'green mining' is a thing
DUNCAN GABI
MADANG – At a meeting to discuss sustainable mining with European Union ambassador to PNG, Jernej Videtic, Papua New Guinea’s mining minister Johnson Tuke claimed his government is mindful of the impact mining has on the environment and people’s livelihoods.
Tuke also claimed the PNG government is addressing these issues by updating its regulatory framework and demanding investors introduce modern and sustainable technologies to diminish the negative impact of mining on the environment.
These claims were totally wrong. They were without truth.
Continue reading "The bare-faced lie of sustainable mining" »
Chris Overland - 'Consultancies not all bad news for smart public servants'
CHRIS OVERLAND
ADELAIDE - A seminal idea underpinning neo-liberal capitalism is that private enterprise is always more efficient and cost effective than a public entity.
This notion informs much of the decision making surrounding the hiring of consultants, the target of a polemic by my colleague Philip Fitzpatrick in PNG Attitude yesterday.
Continue reading "Consultants: watch-borrowers hard at work" »
CHRIS OVERLAND
ADELAIDE - Bernard Corden’s splendid article, 'A Question of Balance', neatly describes the situation the Western world is now in and how we got here.
Neo-liberal capitalism is, in many respects, the reaction of the propertied classes against the sometimes unduly restrictive nostrums of democratic socialism that emerged in its full form in the aftermath of World War II.
Continue reading "Can capitalism be tamed?" »
KEITH JACKSON
NOOSA - Papua New Guinea’s prime minister, James Marape, has warned Santos and Oil Search he expects them to maintain a significant number of senior Indigenous executives in PNG if their announced K56 billion merger goes ahead.
“We do not wish for the largest oil and gas company operating in our country to simply be a branch office of a foreign company,” Marape said, signalling he may require a merged company to retain jobs and offices in PNG and prioritise the development of local gas resources.
Continue reading "Marape: Gas merger ‘must be in national interest’" »
Pokpok Island near Kieta. Tourism at community level has great potential for small business and, in the long term, to promote Bougainville as a peaceful and beautiful Pacific destination
SIMON PENTANU*
KIETA - We can talk about and hold up and dangle tourism as a potential driver and earner of Bougainville’s internal revenue - talking is easy.
We are creatures of habit and instinct and we keep talking and talking if it sounds good without realising things are much more involved and will take a lot more focused human effort than we think.
Continue reading "Let’s put our feet where our mouth is" »
CHRIS DUCKETT
| ZDNet | Edited extracts
SYDNEY - Australia is funding the potential purchase of a Pacific telco for only one reason, to ensure China Mobile doesn't get to it first.
It now appears Australia wants a crack at showing the world how to keep companies out of Chinese ownership.
Continue reading "Oz sweats to keep Pacific telcos from China" »
Influential Bougainville politician, Theonila Matbob - Prominent in advocating that Rio Tinto should accept responsibility for cleaning up Panguna's devastating legacy
KEITH JACKSON
NOOSA – After several months of discussions Rio Tinto and 156 Bougainville community members, represented by the Human Rights Law Centre, last week reached an agreement to assess legacy impacts of the former Panguna copper and gold mine on Bougainville.
The mine was operated by Bougainville Copper Ltd (BCL), then majority owned by Rio Tinto, from 1972 until 1989 when operations were suspended following guerrilla against the mine and a subsequent civil war.
Continue reading "Rio ready to deal with unfinished business" »
Tailings waste flowing into Konawiru-Jaba River delta on the Bougainville west coast
STEFAN ARMBRUSTER
| SBS News
BRISBANE - Multinational mining giant Rio Tinto has agreed to fund an independent assessment of the human rights and environmental impacts of its former Panguna copper and gold mine in Papua New Guinea’s autonomous region of Bougainville.
Rio Tinto abandoned the mine in 1989 during a brutal civil conflict on Bougainville and now no longer holds a stake after controversially divesting its shareholding to the PNG and Bougainville governments in 2016, rejecting corporate responsibility for environmental damage.
Continue reading "Rio agrees to review of Panguna impacts" »
Menya River (Brian Chapaitis)
ACT NOW!
PORT MORESBY - This article breaks down some of the myths used to justify the privatisation of customary land.
It makes clear that efforts to privatise land are not about development but about profits for corporations, financial institutions and already wealthy people.
Continue reading "Don't privatise our customary land" »
Cartoonist Mark David depicts treasurer Frydenberg and prime minister Morrison's flawed efforts in managing the pandemic and the economy
CHRIS OVERLAND
ADELAIDE – Keith Jackson has rightly written (‘Lethargic Australia drops ball on Covid’) that the Morrison government has failed dismally to do its job in relation to both quarantine and vaccination relating to Australia’s Covid pandemic.
The direct result of this failure is that the State premiers have had to do all the heavy lifting to contain the virus.
Continue reading "Neo-liberal dogma seen in Oz Covid failures" »
Loi Bakani - "The Bank of PNG disassociates itself from the statement made by FASU”
KEITH JACKSON
NOOSA – Transparency International PNG (TIPNG) has strongly supported PNG’s financial regulator after Central Bank governor dissociated his bank from action it had taken to investigate possible money laundering.
TIPNG chair Peter Aitsi called on the government and the private sector to respect the independence of the Financial Analysis and Supervision Unit (FASU).
Continue reading "Transparency defends besieged regulator" »
Then Treasurer Don Polye refused to approve the deal and was sacked by prime minister Peter O’Neill. Polye is one of the few people to emerge with honour from the scandal
ANGUS GRIGG
| Australian Financial Review | Extracts
SYDNEY - For the past four months, a royal commission into an eight-year-old deal most Australians have never heard of, in a country that rarely rates a mention, has been quietly chipping away.
Forced online by Covid-19, the inquiry into a $1.3 billion (K3.4 billion) loan extended by the Sydney office of UBS to the government of Papua New Guinea has heard from prime ministers, chief executives, a cabinet minister and top bureaucrats.
Continue reading "UBS's K210 million ‘excess’ on loan: expert" »
Bank South Pacific in Port Moresby
SARAH KENDELL
| Investor Daily
SYDNEY - A Papua New Guinea-based banking group listed on the Australian Securities Exchange (ASX) has caught the ire of the regulator for alleged serious breaches of Australia’s anti-money laundering rules.
BSP Financial Group (BFL), which listed on the ASX earlier this year, is the largest bank in PNG with branches in six South Pacific nations.
Continue reading "Big bank in money laundering claims" »
Sir Julius Chan, EITI secretariat head Lucas Alkan and New Ireland provincial administrator Lamiller Pawut
SONIA BECKS
| PNG Extractive Industries Transparency Initiative
KAVIENG - New Ireland governor Sir Julius Chan says a proposed law to promote transparency and accountability in mining and petroleum will keep everyone honest in the long run.
Chan made this remark when he opened the Extractive Industries Transparency Commission Bill consultation for the New Guinea Island Region.
Continue reading "Law to keep extractive industries in check" »
Malcolm Kela Smith (PNGi). "Mal's response was furious and littered with profanities. Needless to say, my relationship with him ended acrimoniously"
WILL MUSKENS
| Ex Kiap Website | Edited
BARDON, QLD - The people who live along the Sepik River, who depend upon it for their livelihoods, are facing the fight of a lifetime.
The Chinese-owned Guangdong Rising through its subsidiary, PanAust, is seeking approval from the Papua New Guinea government to establish the Frieda River copper and gold mine.
Continue reading "The day I gave the bad news to Kela Smith" »
The unfinished K200 million Boroko casino. Arguments continue on a project that went bust in 2011 (TIPNG)
KEITH JACKSON
PORT MORESBY - National Gaming Control Board (NGCB) chairman Clemence Kanau says the regulator never had aspirations to run Port Moresby’s casino.
Kanau also dismissed claims by failed Boroko Casino developer, South Korean company CMSS PNG, that it had met all the requirements to establish the casino.
Continue reading "Regulator: ‘We didn’t want to run casino’" »
Japanese prime minister Yoshihide Suga speaking during the online 9th Pacific Alliance Leaders Meeting (PALM)
NEWS DESK
| Sunday Bulletin
PORT MORESBY – Papua New Guinea’s prime minister James Marape wants Japan, Australia and New Zealand to establish an economic bubble with Pacific Island countries as part of the fight against Covid-19.
Marape made his appeal at Friday's 9th Pacific Alliance Leaders Meeting, which was held virtually.
Continue reading "PNG wants Japan-Pacific economic bubble" »
An unmaintained road in Lae PNG's second largest city
GRAHAM KING
YUNGABURRA - The Collins English dictionary defines the word ‘maintain’ as the ‘to keep in proper or good condition’.
And, of course, it is a standard procedure for a successful business to always allocate funds in its budget for repair and maintenance.
Potholes must be filled before they become enormous craters; engine oil must be changed according to the manufacturer’s schedule; tyres must be replaced when worn out. And so a very long list goes on.
Continue reading "750 languages but no word for maintenance" »
The beautiful west coast of New Ireland's Namatanai district where the Kamlapar clan is located
KEITH JACKSON
NOOSA - Landowners on the west coast of New Ireland's Namatanai district claim a US-based company is illegally selling carbon credits on the international market that have been obtained by fraud.
The Kamlapar Incorporated Land Group alleges that New Ireland Hardwood Timber (NIHT), and its PNG-registered subsidiary NI Holdings, entered their customary land without clan consent having been engaged by clan members who had no authority to deal with the company.
Continue reading "Namatanai clans fight alleged land fraud" »
I've been everywhere man. James Rice on one of his many trips through PNG
SCOTT WAIDE
| My Land, My Country
LAE -The motorbike-riding Paradise Foods CEO, James Rich, has ridden his machine from Lae to Gembogl, travelled a portion of the mighty Sepik River, set foot on the banks of Lake Sirunki and admired the salt ponds in Enga.
His approach to living and working in Papua New Guinea has been refreshing for many of us who have grown weary of the negative attention of the media.
Continue reading "‘Buy local like me,’ says the ice cream man" »
Finance minister Don Polye was sacked because he refused to sign documents to facilitate the enormous loan agreement
KEITH JACKSON
PORT MORESBY – Senior politicians and others who engineered a K3 billion loan to the Papua New Guinea government in 2014 must be held accountable, says former Treasurer Don Polye
In that year the O'Neill government decided to borrow the money, which represented 75% of the PNG budget, from the Union Bank of Switzerland (UBS).
Continue reading "Polye attacks men behind K3b UBS loan" »
Governor Gary Juffa - "I am beginning to truly understand my grandfather’s deep joy for working the land"
GOVERNOR GARY JUFFA
| Asia-Pacific Anticorruption & Human Rights Advocate Group
KOKODA - Finally my cocoa trees are growing and bearing fruit. Kokoda Block 168 is slowly coming back to life.
As a child I used to wander this small portion of land so treasured by Victor Juffa, my grandfather and adoptive father.
Continue reading "Precious land & the good life on Block 168" »
Crew of the Chinese training ship Qi Jiguang on a visit Dili (Li Mingyu, China Military Online)
JIM MOORE
WARRADALE, SA - In September 1999, I went to East Timor (Timor-Leste) to work with an aid agency in the aftermath of the 25-year civil war and the savage lead-up to the independence referendum.
It is almost impossible to imagine the devastation that was visited on this former province of Indonesia that became an independent but desperately poor nation.
Continue reading "China & Australia hold perils for PNG" »
Privatising PNG Power will open up consumers to exploitation by price gouging. The better option may be to split PNG Power Ltd into several parts
CHRIS OVERLAND
ADELAIDE - While National Capital District governor Powes Parkop may be right in his analysis of the problem of Port Moresby's unreliable electricity supply, the solution he is proposing is not necessarily the best.
If by privatisation Parkop means selling the power assets lock, stock and barrel to a private company, then I believe he is advocating the wrong solution.
Continue reading "PNG Power: Privatisation would mean exploitation " »
Port Moresby blackout (PNG Loop)
MICHAEL KABUNI
| Academia Nomad
WAIGANI - For three consecutive weeks, electricity in Papua New Guinea’s capital has blacked out in the evenings.
But this is not unusual for Port Moresby, a city dubbed ‘one of the least livable cities in the world’ by The Economist intelligence unit’s Global Liveability Index in the same week.
Continue reading "Powes Parkop is right: privatise PNG Power" »
ARTHUR WILLIAMS
CARDIFF, UK – I would suggest that the disgraceful eviction of 2,000 people from the ATS settlement is merely the symptom of a Papua New Guinea 'disease'.
Namely, that over the last 100 years, hundreds of businesses have fastened onto the money-making teat that a capital city, in this case Port Moresby, always engenders.
Continue reading "The PNG disease: Capitalism doesn’t care" »
Plunder (Ben Sanders)
PACIFIC PROJECT TEAM
| The Guardian | Edited extracts
Link here to view the entire article together
with interactive maps and data sets
SYDNEY - Millions of tonnes of minerals, fish and timber are extracted from Pacific island nations each year, generating massive profits for foreign multinationals.
Continue reading "The cost to the Pacific of plundered resources" »
The Coral Sea Resort Casino in Honiara
PHILIP KAI MORRE
| Social Worker & Addiction Counsellor
PORT MORESBY - Gambling is a disease of addiction that can have every family member suffering from its effects.
Casinos are highly organised gambling. Gambling for corporate profit.
Continue reading "Casino is the wrong choice for PNG" »
SCOTT WAIDE
| My Land, My Country
It is an absolutely disgusting move by the National Gaming and Control Board - Papua New Guinea’s gaming regulator - to sign off papers giving the OK for a new casino to be built in Port Moresby. It is even more disgusting that the Board sees fit to announce itself as a partner in the gambling business
LAE - Here’s are some questions for the National Gaming and Control Board.
How will the Board – the regulator – regulate itself as a partner and the investor in the event that there are offences committed against the law?
Continue reading "No casino - we have enough problems" »
ANALOGY BY THE AVISAK N'GEGOS
The chiefs of 49 villages along the Avisak [Sepik River] together with Save the Sepik have organised 408 clans and 51 n’gegos [haus tambaran] into a united nation working to reject the proposed PanAust Frieda River mine
SEPIK RIVER - The Frieda River gold and copper mine can be likened to a vehicle.
When it first started, and was in the exploration stage, we the people of Avisak would see helicopters buzzing and whooshing across the sky almost every day, back and forth across the project site.
Continue reading "Dismantling Frieda, one wheel at a time" »
Capitalism isn't working (Photo - Jonny White)
CHRIS OVERLAND
ADELAIDE - Bernard Corden is right (‘Wages of fear – Contracting out the danger’). Neo-liberal capitalism has very adept at outsourcing hard, dirty or dangerous work to the developing world.
Outsourced to places where the political elites are largely unconcerned about the welfare of their workforce, preferring to focus on the acquisition of wealth for themselves.
Continue reading "19th century capitalism just moved offshore" »
The baret allows people from Korogu village on the Sepik to travel inland to trade their fish for buai, saksak and other crops
DUNCAN GABI
| Auna Melo
KEMBIAM, SEPIK RIVER - The Sepik River has hundreds of lakes (raunwara), maybe more than hundreds, that are 300-500 meters from the main river.
These lakes are connected to the river by narrow waterways that allow people to access the lakes from the river.
Continue reading "Barets, barter & buai on the Sepik" »
BERNARD CORDEN
| Edited extracts
‘No one is free, even the birds are chained to the sky’ - Bob Dylan
BRISBANE - Wages of Fear is a critically acclaimed classic suspense movie starring Yves Montand and based on a French novel, Le Salaire de la Peur, by George Arnaud, written almost seven decades ago.
The narrative remains eerily familiar across Australia and Papua New Guinea, especially if you have ever driven through the Kassam or Daulo passes on the Okuk Highway amidst a convoy of dilapidated trucks.
Continue reading "Wages of fear – contracting out the danger" »
JUSTIN SMIRK
| Business Advantage PNG
PORT MORESBY - In the ten years of data collected by the PNG 100 CEO Survey, some trends are emerging.
We can see where improvements have been made to business conditions in Papua New Guinea, where there has been slippage, and where there is more work to be done.
Continue reading "PNG business remains inhibited by Covid" »
Logging ship at Vanimo, West Sepik
EDDIE TANAGO
| ACT NOW!
PORT MOREBY - The Forest Authority must stop aiding and abetting logging companies identified by the Internal Revenue Commission as defrauding the State and landowners by evading taxes.
Fraudulent practices around log exports from PNG over the past 20 years could have the cost the country as much as K21 billion.
Continue reading "PNG’s blind eye to K21 billion log steal" »
BERNARD CORDEN
‘Well I dreamed I saw the knights in armour coming sayin’ something about a Queen / Look at mother nature on the run in the 1970s’ - Neil Young, from After the Gold Rush
BRISBANE - Rio Tinto’s recent destruction of the Juukan Gorge indigenous rock shelters in the Pilbara region of Western Australia attracted extensive media attention and resulted in a federal senate inquiry.
It also led to several resignations of senior executives, humiliated but richly rewarded with golden handshakes.
Continue reading "After the gold rush, the funerals" »
The bulldozers move in on ATS. Marape says he wants them out - but is he being truthful?
KEITH JACKSON
NOOSA – I thought this was going to be a good news story, but now I'm not too sure.
Late last week, Papua New Guinea prime minister James Marape seemed to move with lightning speed to stop a developer evicting residents and destroying homes at Port Moresby’s ATS settlement.
However, just as I was putting the story to bed last night, I got some disconcerting news. But first some background.
Continue reading "Can ATS repel the Chinese challenge?" »
Isaac Salip and Komolong ensure the white copra undergoes correct sun drying
DAVID KASEI WAPAR
| Story & Pictures
MADANG - Mirap, a neglected community in the Sumkar District, is the first to host white copra production in Madang Province, thanks to the initiative of a local farmer.
Copra production along this stretch of the Madang–Bogia Highway has seen better days.
Continue reading "White copra project kicks off in Madang" »
Michelle Rooney - "Women are the target of police and municipal authorities who often resort to violence"
MICHELLE NAYAHAMUI ROONEY
| Centre for International Private Enterprise
An abridged extract from ‘Papua New Guinea: Centering the ‘People’s Economy’ in Covid-19 Recovery’. You can link here to the full paper
WASHINGTON DC – Papua New Guinean women are the backbone of the PNG ‘people’s economy’, but they face cultural and social challenges that undermine their resilience and ability to sustain their engage in the economy.
They are the primary caregivers for the country’s burgeoning young population.
Continue reading "Status of women in 'the people’s economy’" »