NIDC Announce Independent Statutory Audit to Strengthen Financial Transparency
A statutory financial audit into NIDC and Malagan Lodge Limited’s financial statements and records for the years 2023, 2024 and 2025 is currently underway. This follows the board’s decision in July to engage Wau Accountants Business Consultants Firm to carry out the audit to strengthen accountability beyond standard reviews, and provide technical support to NIDC during […]
Malagan International Hotel Taking Shape
The Malagan International Hotel, Kavieng’s waterfront hotel overlooking Nusa Harbour and Nusa Island, is taking shape. The 5-star hotel is a joint-venture partnership between the New Ireland Development Corporation (NIDC) and developer W&M Industries Limited. NIDC Managing Director, Mr. Christian Tarkap, confirmed that work is progressing well, with full support from NIDC Chairman, Mr. Benjamin […]