Dede Sophie

 The Acting PNG Prime Minister, Hon. John Rosso, MP, says the 51st Pacific Islands Forum, which Prime Minister James Marape will be attending, in Suva, Fiji, is the most significant in recent history, as the region gradually emerges from the grips of the COVID-19 pandemic. Acting PM Rosso outlines importance of PNG Prime Minister Marape’s attendance at PIF [Photo credit : ABC]  He made these remarks in his first press conference in Port Moresby, today. “Prime Minister Marape, who has also been caught up in election matters, has made time available in his very busy schedule to participate as Head of Government at this important regional summit. “It is also important that our Prime Minister attends this meeting as he will be handing over the Melanesian Spearhead Group (MSG) Chair to Vanuatu. “The PIF is a very important regional meeting for all Pacific nations, and as the sitting Prime Minister of the largest island nation, it is only fitting that he attends to ensure that PNG presence i...

 They are home. They have won. The footy gods were smiling down on the Santos National Football Stadium on Saturday afternoon as the SP PNG Hunters pulled off a fairy-tale finish in their homecoming match with the Mackay Cutters in Round 20 of the Hostplus Cup. SP PNG Hunters celebrate Homecoming with Win over Mackay Cutters 30 – 28 [PNG Hunters photo] Trailing by four points with seconds remaining, the Hunters produced a miracle play with their final possession to beat the Cutters in front of a joyous crowd in Port Moresby to round out their 2022 season. The 78 minutes prior was a seesawing affair as both sides struggled with their ball security in the humid conditions. The Cutters were first to trouble the scoreboard when prop Jayden Morgan barged his way over in the 16th minute thanks to a clever switch play from behind the ruck. Mackay then went over again just three minutes later when Kyle Krisanski-Kennedy took possession out the back of a decoy line to score down the Cutter...

Air Niugini has advised the travelling public that due to the deteriorating condition of the runway surface at Aropa Airport, Autonomous Region Of Bougainville (AROB), all services to Kieta have been suspended until further notice. Passengers with tickets for Kieta may reroute them to/from Buka at no additional costs, rebook for a later date, or apply for a refund. Air Niugini regrets any inconvenience caused to our customers, however the situation is outside the airline’s control.  Safety is always of paramount importance in our operations. The airline continues to operate six weekly Fokker jet services to Buka (daily except Sundays)  Next :  PNG Superfund Opens New-look Member Service Centres

 The situation in Goroka is tense at the moment following the murder of late Chief Executive Officer of PNG Ports Corporation, Late Mr Fego Kiniafa.  The tribesmen of the Late Fego Kiniafa took to the streets of Goroka this morning to show their frustration, armed with Bush knives, following the murder of one of their elite son. The tribesmen even burnt down a few houses.  Police on the ground are doing their best to manage the situation while all businesses are closed for safety reasons.  Eastern Highlands Provincial Police Commander Michael Welly said police investigations are underway.  Meanwhile, the PNG Ports Corporation Limited Board have released a statement on the appointment of Mr Rodney Begley as Acting CEO of the State-Owned Enterprise.  PNG Ports Board Chairman Kepas Wali, in a statement says the acting-appointment of Mr Begley comes following the passing of the late Fego Kiniafa who was reported to have been murdered in Goroka on Saturday.  Mr Wali says the matter is now i...

The Ohme supplier of home EV charging units has done a deal with Volkswagen in Ireland as the recommended charging partner for VW customers, writes Brian Byrne. The agreement with the Cork-based company applies across all the carmaker’s brands here, including Audi, Skoda, Cupra, SEAT and Volkswagen Commercials. The Ohme systems allow EV owners to take advantage of off-peak electricity prices in Ireland, as well as being able to operate when renewable energy is at its highest in the grid, thus enabling lower real emissions.

The intrinsic value of an asset refers to the value of the investment based on its cash flow. In this sense, these figures show a resource’s worth based on the analysis of its financial performance, compared to market value that is determined by the price investors are willing to pay for said resource. When it comes to this aspect, crypto is a special case since, while a tradeable valuable, it doesn’t hold any intrinsic value . However, it would be more appropriate to say that not all digital money possesses this characteristic. There are some notable exceptions to this case, the most well-known being Ethereum.  The platform has revolutionized the way in which society thinks about crypto due to its use of the decentralized blockchain system which isn’t only used for investing in e-currency, but also in financial transactions and the creation of applications which don’t need third-party control to operate. Ether, the currency specific to the system, is gradually not following the price ...