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PNG PM Marape asks Central Bank and PUMA Energy to find Solutions

 PNG Prime Minister Hon. James Marape has asked both Bank of Papua New Guinea (BPNG) and Puma Energy to find solutions to the strenuous business relationship they have that is now becoming a national security issue and a cause for concern about functioning of the economy.  He said the case of Puma being unable to maintain the supply of fuel products to its customers was because of ongoing issues with BPNG, for which the country was being held to ransom. PM Marape has asked BPNG, immediately after an urgent National Security Advisory Committee (NSAC) today (January 5, 2023), to find a short-term solution by lifting restrictions on Puma so that their supply of fuel products continue without compromising Central Bank’s fiduciary requirements. “I want to also inform the country and business that today, the Bank has the highest-ever level of foreign reserves (FX) of more than K13 billion – more than enough for a year,” he said. “That’s because my Government’s fiscal policies assisted in rai

The Natural Wonder called Yana Rocks: A Drone’s Eye View

One of Karnataka state’s stunning natural wonders, the Yana rocks and caves are a treat to the eyes. Towering majestically over lush green forests of the Western Ghats, these magical rocks and caves make for great jungles treks, rock climbing expeditions and fantastic monsoon holiday destinations. In this time of lockdown, I thought I should take you on a virtual tour to this lush wonder and give you a drone’s eye view of this mesmerizing landscape. Best explored during the rains, Yana is a place that is a mix of nature, spirituality, religion and adventure. You should either explore the landscape on foot thus appreciating the dynamic flora and fauna of this region or embark on a road trip through the forests and many waterfalls of Uttara Kannada. Rock climbers and adventure enthusiasts will love its steep walls and cragged surfaces. Nature lovers will love the diversity of the Western Ghats and water babies can find solace in the many waterfalls nearby, especially Vibhooti Falls tha