PNG NEWS BLOG

PNG is Facing Fuel Crisis and Experiencing Worsening Economy How the Foreign Currency Issue is Fueling Papua New Guinea's Fuel Crisis and Worsening Economy by  Exepreneur Magazine 19 February 2023. Papua New Guinea (PNG) is currently facing a fuel crisis due to unresolved foreign currency (FX) issues that have left the country with a severe shortage of fuel. The issue of FX, or foreign exchange, is complex and has many economic variables such as GDP, inflation, economic growth, employment, and more. The ongoing standoff between PUMA Energy and the Bank of Papua New Guinea (BPNG) has brought this issue to the forefront and has raised questions about the sufficiency of the government's foreign currency reserves. The country's high inflation rate and the skyrocketing prices of goods and services have only compounded the fuel shortage issue, which has had a significant impact on the economy. The fuel shortage has caused disruptions to the aviation industry, with Airlines, force

BREAKING:  Puma Service Stations Rationing Fuel. BY MAXINE KAMUS, 18 February 2023. As of yesterday Friday, February 17, 2023, Puma Energy Limited fuel service stations in Port Moresby have begun rationing the sale of fuel, especially petrol. Each customer is allowed to purchase K20.00 cash to refill while Puma Card customers are allowed to refill a maximum of K50.00 only. Some Puma service stations have only diesel and no petrol. This is the result of Puma Energy Limited putting restrictions on fuel supply on Thursday, February 16, 2023 to their customers in all market segments due to Puma's unresolved foreign exchange constraints impacting Puma’s ability to source crude oil and or finished products to supply to its customers. Well-placed sources have confirmed that Mobil have also run out of petrol and will not have stock until next week or so. Read more in your Post-Courier on Monday, February 20, 2023.

POSITION VACANCY! CERTIFIED ELECTRICIAN MAF Technologies is looking for a suitably qualified and experienced individual to fill in the position of Certified Electrician to join their Solar Department. If you are interested in this wonderful opportunity, kindly send a copy of your resume and supporting documents including a copy of your PPL License or NEA License to email:  maftech.info@mafint.org Applications closes Friday 19th May 2023 For more information regarding the role, you can contact MAF Technologies using the contact details on the flyer.

PNG-AUSSIE VISA ISSUE A BREAKTHROUGH NBC News 17 February 2023. There's been a breakthrough in discussions between Papua New Guinea and Australia in relation to ease of travel down south. A new Australian Visa Processing Facility will be set up in Port Moresby immediately, which will process visas within a 14-day period. That's captured in the 29th Australia-Papua New Guinea Ministerial Forum Joint Communique, released after the forum in Canberra today- Friday 17th February 2023. Ministers agreed to establish a joint ministerial working group to oversee this work. The working group will include Australia's Deputy Prime Minister Richard Marles and Foreign Minister Penny Wong, as well as PNG's Deputy Prime Minister John Rosso and Foreign Affairs Minister Justin Tkatchenko. Photo: Supplied

  Immediate job vacancies! By SP Brewery LTD, Friday 17 February 2023. 1) Packaging Technician, Lae 2) Supply Chain Training Coordinator, Port Moresby 3) Electrical Technician, Lae 4) Forklift Operator, Lae 5) Sales Representative, Kavieng 6) Sales Representative, Kimbe To find out more about the roles and how to apply, go to our website:  https://www.sp.com.pg/news/?category=jobs

  JOB OPPORTUNITY -  PNG POWER Ltd IS HIRING DATA ASSESSING AND COMPILING OFFICER DATA ASSESSING & COMPILING OFFICER Primary Objectives: Reporting to the Manager National Call Centre, this position is responsible to provide and ensure that PPL’s data of assessment, recording and reporting systems are verified and maintaining customer complaints assessment, ensuring Customer Services’ functions are carried out in an efficient and effective manner and that they complement the organisation’s financial business initiatives and general objectives. This includes; Qualifications The position holder is expected to hold at least a Certificate or Diploma level business qualification that covers Accounting, Finance and Business Administration or Information Technology. Minimum Experience The applicant must be able to demonstrate a successful track record in a similar position and should have sufficient experience in the following areas: Complaints database Interface Compiling & Compliance