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Showing posts from January, 2013

RSF media freedom index warns on Fiji, PNG, praises ‘Burmese spring’

Threats to the media in the South Pacific should not be taken lightly in two Melanesian countries, says the Paris-based global press freedom advocacy group Reporters Sans Frontières. Papua New Guinea has dropped six places to 41st in the latest RSF World Press Freedom Index with the security forces being "regularly involved in attacks on journalists". In Fiji,in spite of a 10-place rise to 107th - explained in part by the decline of other countries in this section of the index, news organisations are threatened under the Media Industry Development Decree with exorbitant fines, or even imprisonment, as in the case of a recently convicted editor of The Fiji Times. Elsewhere in the South Pacific did not rate a mention in the report, which highlighted the "Burmese spring" in the Asia-Pacific region. But among other Pacific Islands Forum countries, New Zealand rose five places to eighth and Australia climbed four places to 26th. Burma was an exception to decline in freed

RSF media freedom index warns on Fiji, PNG, praises ‘Burmese spring’

Threats to the media in the South Pacific should not be taken lightly in two Melanesian countries, says the Paris-based global press freedom advocacy group Reporters Sans Frontières. Papua New Guinea has dropped six places to 41st in the latest RSF World Press Freedom Index with the security forces being "regularly involved in attacks on journalists". In Fiji,in spite of a 10-place rise to 107th - explained in part by the decline of other countries in this section of the index, news organisations are threatened under the Media Industry Development Decree with exorbitant fines, or even imprisonment, as in the case of a recently convicted editor of The Fiji Times. Elsewhere in the South Pacific did not rate a mention in the report, which highlighted the "Burmese spring" in the Asia-Pacific region. But among other Pacific Islands Forum countries, New Zealand rose five places to eighth and Australia climbed four places to 26th. Burma was an exception to decli

PNG embarks on $73m maritime project

The Asian Development Bank (ADB) and Government of Papua New Guinea (PNG) signed a loan worth $41.5 million to fund the  Maritime and Waterways Safety Project  which will help improve navigational aids, allowing ships to travel more safely through PNG's largely unchartered and often unsafe waters. The signing ceremony was attended by Don Polye, Treasurer, the Government of Papua New Guinea, Marcelo Minc, Country Director of ADB's Papua New Guinea Resident Mission, and Chris Rupen, General Manager/CEO of the National Maritime Safety Authority. Yasuhiro Yamauchi, First Secretary, Embassy of Japan in Papua New Guinea witnessed the ceremony, as the ADB-administered Japan Fund for Poverty Reduction (JFPR) supported preparatory work for the project. With over 600 islands spanning a total sea area of over 3.1 million square kilometers, PNG relies heavily on its network of coastal shipping services. The reliance of coastal communities on shipping services is amplified by the country

PNG embarks on $73m maritime project

The Asian Development Bank (ADB) and Government of Papua New Guinea (PNG) signed a loan worth $41.5 million to fund the  Maritime and Waterways Safety Project  which will help improve navigational aids, allowing ships to travel more safely through PNG's largely unchartered and often unsafe waters. The signing ceremony was attended by Don Polye, Treasurer, the Government of Papua New Guinea, Marcelo Minc, Country Director of ADB's Papua New Guinea Resident Mission, and Chris Rupen, General Manager/CEO of the National Maritime Safety Authority. Yasuhiro Yamauchi, First Secretary, Embassy of Japan in Papua New Guinea witnessed the ceremony, as the ADB-administered Japan Fund for Poverty Reduction (JFPR) supported preparatory work for the project. With over 600 islands spanning a total sea area of over 3.1 million square kilometers, PNG relies heavily on its network of coastal shipping services. The reliance of coastal communities on shipping services is amplified by the

O'NEILL'S LACK OF TRANSPARENCY IS FISHY, OPP TO OPT OUT OF GRACE PERIOD VOTE

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WE ARE CONCERNED WITH THE LACK OF TRANSPARENCY AND GOOD GOVERNANCE IN THE O’NEILL- DION GOVERNMENT. WE ARE EQUALLY CONCERNED WITH THIS GOVT’S MISMANAGEMENT OF THIS COUNTRY, THROUGH ACTIONS AND INACTIONS THAT ARE OF GRAVE CONCERN MYSTERIOUS JET: THE STORIES OF ALL THOSE INVOLED DO NOT ADD UP, SO IS BLACK MONEY OR SOMETHING VALUABLE INVOLVED? THE OPPOSITION IS CONVINCED THAT THERE IS MORE TO IT, HENCE THE OPPOSITION WILL NOT REST UNTILL IT GET’S TO THE BOTTOM OF THE SAGA - ALL RELEVANT AIRPORT SERVICES AT JACKSONS AIRPORT; CUSTOMS,IMMIGRATION, CAA (ESPECIALLY THE CONTROL TOWER) HAD NO IDEA THE PLANE WAS ON HIS WAY TO PNG - PLANE’S ROUTE AND STOP OVER AT TROUBLE HOT SPOTS AND TAX HAVENS IS OF CONCERN - WHY A NON STOP, LONG HAUL FLIGHT WITH A SINGLE PILOT FROM THE MALDIVES - NO PRIOR APPROVAL BY CIVIL AVIATION TO LAND PLANE ANY WHERE IN PNG - NO APPROVAL OF THE PLANE’S FLIGHT PLAN IN PNG AIR SPACE - FLYING A BIG JET PLANE WITH A SINGLE PILOT IN PNG AIR SPACE - PLANE APPEARED FROM THE BLUE

O'NEILL'S LACK OF TRANSPARENCY IS FISHY, OPP TO OPT OUT OF GRACE PERIOD VOTE

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WE ARE CONCERNED WITH THE LACK OF TRANSPARENCY AND GOOD GOVERNANCE IN THE O’NEILL- DION GOVERNMENT. WE ARE EQUALLY CONCERNED WITH THIS GOVT’S MISMANAGEMENT OF THIS COUNTRY, THROUGH ACTIONS AND INACTIONS THAT ARE OF GRAVE CONCERN MYSTERIOUS JET: THE STORIES OF ALL THOSE INVOLED DO NOT ADD UP, SO IS BLACK MONEY OR SOMETHING VALUABLE INVOLVED? THE OPPOSITION IS CONVINCED THAT THERE IS MORE TO IT, HENCE THE OPPOSITION WILL NOT REST UNTILL IT GET’S TO THE BOTTOM OF THE SAGA - ALL RELEVANT AIRPORT SERVICES AT JACKSONS AIRPORT; CUSTOMS,IMMIGRATION, CAA (ESPECIALLY THE CONTROL TOWER) HAD NO IDEA THE PLANE WAS ON HIS WAY TO PNG - PLANE’S ROUTE AND STOP OVER AT TROUBLE HOT SPOTS AND TAX HAVENS IS OF CONCERN - WHY A NON STOP, LONG HAUL FLIGHT WITH A SINGLE PILOT FROM THE MALDIVES - NO PRIOR APPROVAL BY CIVIL AVIATION TO LAND PLANE ANY WHERE IN PNG - NO APPROVAL OF THE PLANE’S FLIGHT PLAN IN PNG AIR SPACE - FLYING A BIG JET PLANE WITH A SINGLE PILOT IN PNG AIR SPACE - PLANE APPE

Papua New Guinea: Overlooked Opportunity For Emerging Markets Bulls

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Papua New Guinea is an investment opportunity often overlooked by emerging market bulls. What do they commonly look for? High growth, steady government, abundant resources. The economy of PNG is steady and growing quickly on the strength of the agriculture, mining, and oil/gas industries. The country is one of the worlds most unexplored and this thought to still be home to numerous undocumented plants, animals, insects, tribes, and languages. This underdeveloped economy is ready for growth and appears surprisingly open to foreign investment. Like every nation on Earth, there are problems (which I will outline), but what makes investment in PNG special is the how surprisingly overlooked and underdeveloped the country and economy is despite the vast natural resources and economic and political stability. (click to enlarge) Pros GDP Growth PNG's GDP was 16.9 Billion in 2011, a growth of 8.9% (12th in the word according to the  CIA ) from 7.8 and 6.1 percent in 2010 and 2009 respective

Papua New Guinea: Overlooked Opportunity For Emerging Markets Bulls

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Papua New Guinea is an investment opportunity often overlooked by emerging market bulls. What do they commonly look for? High growth, steady government, abundant resources. The economy of PNG is steady and growing quickly on the strength of the agriculture, mining, and oil/gas industries. The country is one of the worlds most unexplored and this thought to still be home to numerous undocumented plants, animals, insects, tribes, and languages. This underdeveloped economy is ready for growth and appears surprisingly open to foreign investment. Like every nation on Earth, there are problems (which I will outline), but what makes investment in PNG special is the how surprisingly overlooked and underdeveloped the country and economy is despite the vast natural resources and economic and political stability. (click to enlarge) Pros GDP Growth PNG's GDP was 16.9 Billion in 2011, a growth of 8.9% (12th in the word according to the  CIA ) from 7.8 and 6.1 percent in 2010 and 2