Papua New Guinea Financial News

02.06 / 05:35
Citi Death Research Experts Universities country mountaineering A landslide buried a village at 3 a.m. Could it have been predicted?
SYDNEY—After a landslide hit Papua New Guinea’s highlands in the middle of the night last month, locals used spades, sticks and their bare hands to clear debris that authorities say buried people while they slept. Half a world away, Dan Shugar, an associate professor at the University of Calgary who studies landslides, wondered whether scientific methods could have detected the impending disaster and helped to prevent the loss of life. Looking at historical satellite imagery, Shugar found evidence of what appeared to be a small landslide in the same location in January 2022, and then an even smaller one in the days before the catastrophic collapse.
17.01 / 19:55
COST WhatsApp Research country innovations NIT Rourkela develops cost-effective magnesium-based battery technology
lithium-ion batteries in electric vehicles (EVs) affordable and run longer, researchers at the National Institute of Technology Rourkela (NIT Rourkela) have developed a new class of cathode materials using magnesium, an alternative to cobalt-based designs. The team said the innovation addresses challenges associated with the high cost, scarcity and environmental concerns of cobalt which is a key component in conventional batteries. The rechargeable batteries power devices such as smartphones, laptops and EVs, and predominantly use cobalt-based cathodes.
04.12 / 07:01
markets Digital rights peace International India votes in favour of UNGA resolution on Palestine calling for end to Israeli occupation
The draft resolution 'Peaceful settlement of the question of Palestine' tabled by Senegal was overwhelmingly adopted in the 193-member General Assembly on Tuesday. India was among the 157 nations that voted in favour, while eight Member States — Argentina, Hungary, Israel, Micronesia, Nauru, Palau, Papua New Guinea and the United States voted against it.
04.11 / 09:07
markets Digital President Experts PAM country information India re-elected as President of International Solar Alliance till 2026
Pralhad Joshi on Monday said India has been re-elected as the President of Indian Solar Alliance (ISA) from 2024 to 2026. Addressing the press conference at 7th General Assembly of the ISA, Joshi informed that France has been reelected as Vice-President of the ISA. India's election to the President post is a testament to the impactful work the country, under the leadership of Prime Minister Narendra Modi, has been doing over the years for the global good in advancing solar energy adoption across the globe and boosting investment in essential solar projects, including mini-grids and healthcare solutions, Joshi opined. Eight Vice Presidents of the Standing Committee, two from each of the four ISA geographical regions, were also selected by the Assembly.
17.10 / 11:39
markets UPS Deloitte community Experts PAM Meet the tribe that still mummifies its dead and here's how they do it
Papua New Guinea, there is a tribal community that still keeps the tradition alive. The Anga tribe practices the mummification of their deceased ancestors as a way to stay connected with them. The Anga people, who number around 45,000, use a distinct method of mummification that involves smoking the body for three months. Unlike the ancient Egyptian technique, the body remains seated and is positioned over a fire. During the process, the mummifiers carefully drain the body’s fluids by poking it and use a wooden stick to widen the anus, allowing the organs to exit. The procedure is highly meticulous, with every detail attended to in order to avoid any mistakes that might bring ill omens. The dead body is then coated with red clay for preservation and placed in jungle shrines.
03.09 / 06:20
UPS Waves country reports testing travelers Pope arrives in Muslim-majority Indonesia to start Asia-Pacific tour
Pope Francis arrived in Muslim-majority Indonesia on Tuesday to kick off a four-nation tour of the Asia-Pacific that will be the longest and farthest of the 87-year-old's papacy. The head of the world's 1.3 billion Catholics touched down in Jakarta for a three-day visit devoted to inter-religious ties, and will then travel to Papua New Guinea, East Timor and Singapore. The 12-day tour will test the pontiff's increasingly fragile health, but he is often energised by being among his flock and he emerged from the 13-hour flight smiling and waving.
13.07 / 05:40
Man Remark Immunic performer reports Courts Papua New Guinea minister facing domestic assault charge steps down. Opposition demands resignation
Papua New Guinea’s opposition leader has urged the country’s premier Tuesday to fire the petroleum minister who is stepping down from office as he faces alleged domestic assault charges in Australia instead
13.07 / 05:16
FIVE WhatsApp wellness country International World's largest solar plant has five million PV panels. Where is it located and how much electricity will it produce? Know in detail
China is known for its mega hydroelectric plants and giant thermal power projects not only on its land but in many other countries as well, it has set a record by switching on the world's largest solar plant, which has more than five million panels. According to the TCD, the government-controlled China Green Electricity Investment of Tianjin has switched on the 3.5 GW Midong PV farm in Urumqi, Xinjiang region. It is a subsidiary of China Green Development Group (CGDG). China Construction Eighth Engineering Division Corp and Power Construction Corporation of China (PowerChina) invested a massive amount of CNY 15.45 billion in this project. Also Read: Bando Stone & The New World: Here’s all we know about release date, trailer, plot and more
12.07 / 13:30
FIVE Immunic reports prevention Courts Papua New Guinea lawmaker pleads not guilty in Sydney court to assaulting woman
Papua New Guinea’s sidelined Petroleum Minister Jimmy Maladina has pleaded not guilty to assaulting a woman during a domestic dispute in Australia
17.06 / 14:31
Updates cricket New Zealand vs Papua New Guinea Live Score: Match 39 of ICC Men's T20 World Cup, 2024 to start at 08:00 PM
Venue : Brian Lara Cricket Academy, Tarouba New Zealand squad - Kane Williamson, Mark Chapman, Daryl Mitchell, Glenn Phillips, James Neesham, Michael Bracewell, Mitchell Santner, Rachin Ravindra, Devon Conway, Finn Allen, Ish Sodhi, Lockie Ferguson, Matt Henry, Tim Southee, Trent Boult Papua New Guinea squad - Hiri Hiri, Lega Siaka, Tony Ura, Assad Vala, Charles Amini, Sese Bau, Hila Vare, Kipling Doriga, Alei Nao, Chad Soper, Jack Gardner, John Kariko, Kabua Morea, Norman Vanua, Semo Kamea New Zealand vs Papua New Guinea Match Details Match 39 of ICC Men's T20 World Cup, 2024 between New Zealand and Papua New Guinea to be held at Brian Lara Cricket Academy, Tarouba at 08:00 PM.
17.06 / 10:21
awards stage Equality Babar Azam eclipses India's MS Dhoni, becomes batter with most runs as captain T20 World Cup
ALSO READ: Captain Babar Azam on Pakistan's T20 World Cup 2024 exit, 'cannot play in every player's place, there are 11 players...The Pakistan skipper surpassed Dhoni and has 549 runs to his name in 17 innings as captain in the T20 World Cup.India's former skipper Mahendra Singh Dhoni held the record with 529 runs under his belt in 29 innings. Next to Babar, New Zealand captain Kane Williamson is also in line and may overtake the former Indian skipper, as he is just two runs shy of Dhoni's 529.
17.06 / 02:05
Boeing WhatsApp country reports New Zealand Prime Minister's plane breaks down on way to Japan
New Zealand defence force plane flying New Zealand's Prime Minister Christopher Luxon to Japan broke down on Sunday, forcing the Prime Minister to take a commercial flight, his office confirmed on Monday. Luxon is spending four days in Japan, where he is expected to meet with Japan's Prime Minister Fumio Kishida and spend time promoting New Zealand business.
13.06 / 23:43
Updates cricket Afghanistan vs Papua New Guinea Live Score: Match 29 of ICC Men's T20 World Cup, 2024 to start at 06:00 AM
Venue : Brian Lara Cricket Academy, Tarouba Afghanistan squad - Ibrahim Zadran, Najibullah Zadran, Azmatullah Omarzai, Gulbadin Naib, Karim Janat, Mohammad Nabi, Mohammad Ishaq, Rahmanullah Gurbaz, Fareed Ahmad, Fazalhaq Farooqi, Mujeeb Ur Rahman, Nangeyalia Kharote, Naveen-ul-Haq, Noor Ahmad, Rashid Khan Papua New Guinea squad - Hiri Hiri, Lega Siaka, Tony Ura, Assad Vala, Charles Amini, Sese Bau, Hila Vare, Kipling Doriga, Alei Nao, Chad Soper, Jack Gardner, John Kariko, Kabua Morea, Norman Vanua, Semo Kamea Afghanistan vs Papua New Guinea Match Details Match 29 of ICC Men's T20 World Cup, 2024 between Afghanistan and Papua New Guinea to be held at Brian Lara Cricket Academy, Tarouba at 06:00 AM.
13.06 / 11:59
Racing show performer stage T20 World Cup 2024: THESE teams have highest chance of qualifying for the Super 8 stage
Super 8 stage, while some need to depend on the performance of other teams to work in their favour. Let's go, groupwise and in Group A- India has already made it to the Super 8 stage, while the United States is very close to becoming the second qualifier as they just need to defeat Ireland, and after seeing their performance against Pakistan and India, their victory is highly likely. After a big upset against the USA, Pakistan also needs to defeat Ireland and then pray that Ireland defeats the USA so that they can have a chance in the Super 8.
06.06 / 00:05
Man Ball Racing wellness beautiful bowling fencing Papua New Guinea vs Uganda Live Score: Papua New Guinea score after 6 overs is 33/3
Papua New Guinea Innings Highlights : Papua New Guinea vs Uganda Live Score: Papua New Guinea Hiri Hiri 5 (6) Lega Siaka 10 (14) Uganda Alpesh Ramjani 1/5 (2) Papua New Guinea vs Uganda Live Score: FOUR! A welcome boundary for PNG! Papua New Guinea vs Uganda Live Score: Papua New Guinea Lega Siaka 5 (12) Hiri Hiri 5 (2) Uganda Juma Miyagi 1/5 (2) Papua New Guinea vs Uganda Live Score: Papua New Guinea Hiri Hiri 5 (2) Lega Siaka 2 (6) Uganda Cosmas Kyewuta 1/12 (2) Papua New Guinea vs Uganda Live Score: FOUR! HIT HARD! Cosmas Kyewuta gives width, this is well outside off. Hiri Hiri hammers it through cover-point and it races away to the fence. Papua New Guinea vs Uganda Live Score: OUT! TAKEN! So, a couple of batter goes by swinging wildly.
03.06 / 03:21
economy Election poverty Pride stage country International India’s 8.2% GDP growth: We still have a long way to go
7.8%, taking the annual figure to a neck-turning 8.2%. Internationally, there is growing optimism that India is on the cusp of a long-awaited economic take-off, as evidenced by the recent revision in our sovereign-credit outlook from ‘stable’ to ‘positive’ by S&P Global Ratings, even if the actual credit rating remains barely investment grade (for now). While revising India’s GDP growth upwards by close to 2 percentage points for 2023-24, the International Monetary Fund’s (IMF) April 2024 World Economic Outlook alludes to the robustness of growth expected in 2024 and 2025 as “reflecting continuing strength in domestic demand and a rising working-age population." It may be tempting to conclude from all this that India has reached what development economist W.W.
02.06 / 16:51
Ball track beautiful cover bowling fencing West Indies vs Papua New Guinea Live Score: It’s a Four. West Indies at 12/1 after 2.1 overs
Papua New Guinea Innings Highlights : West Indies vs Papua New Guinea Live Score: FOUR! Good shot! Fuller and on off, Brandon King strides out and drives it aerially from the middle of the bat, the ball flies past mid off for a boundary. West Indies vs Papua New Guinea Live Score: West Indies Nicholas Pooran 0 (5) Brandon King 8 (6) Papua New Guinea Alei Nao 1/0 (1) West Indies vs Papua New Guinea Live Score: OUT! lbw b Alei Nao.
29.05 / 16:03
UPS FIVE show performer bowling India hold top spot in ICC rankings heading into T20 World Cup
T20 World Cup winners India held the top spot in the men's T20I team rankings ahead of the upcoming edition of the tournament, which the West Indies and USA are co-hosting from June 1-29. India have 264 rating points. Two-time champions West Indies have moved up to fourth position, their players showing some great form ahead of the T20 showpiece. The winners of the 2012 and 2016 editions of the tournament are ahead of New Zealand and South Africa after their 3-0 win over South Africa, who were pushed down to seventh position in the list led by India.
28.05 / 09:31
UPS Cooper WhatsApp country social SOLIDARITY India announces $1 million assistance to Papua New Guinea amid landslide devastation
Papua New Guinea in the wake of a devastating landslide on the Pacific island nation, as per a release from the Ministry of External Affairs on May 28.This comes after a massive landslide occurred on May 24 in Enga Province, Papua New Guinea, which buried hundreds of people and caused major destruction and loss of life.Also Read | South Africa following up with India after Gupta brothers arrests — Why are they in jail and what are the cases?"​As a close friend and partner under the Forum for India-Pacific Islands Cooperation (FIPIC) and as a gesture of solidarity with the friendly people of Papua New Guinea, the Government of India extends an immediate relief assistance of $1 million to support relief, rehabilitation and reconstruction efforts," the statement read."India has firmly stood by Papua New Guinea during times of difficulty and devastation caused by natural disasters, as in the wake of the earthquake in 2018 and volcanic eruptions in 2019 and 2023.
28.05 / 02:07
COST UPS Provident CME reports Gold Prices Gold prices steady as traders brace for US inflation report
Gold prices were steady on Tuesday, as investors maintained a cautious stance ahead of key U.S. inflation data, which could provide more insight into the Federal Reserve's policy trajectory. FUNDAMENTALS

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