Papua New Guinea University of Technology Papua New Guinea University of Technology The Papua New Guinea University of Technology or 'Unitech' is located 8 km outside Lae, in the Morobe Province of Papua New Guinea. It has 13 teaching departments and 3 affiliated colleges. It is the second largest university in PNG after its 'sister' university the University of Papua New Guinea in Port Moresby. While UPNG concentrates on the arts, pure sciences, law and medicine, Unitech focuses on research in technological or applied sciences. It is the only technological university in the South Pacific, outside of Australia and New Zealand. Unitech was created as the
Bank of Papua New Guinea the unusual step of placing an advertisement in a newspaper, explaining that Carruthers had been fired as a result of misappropriation of money belonging to the bank. Carruthers was also director of Transparency International in PNG. Bank of Papua New Guinea The Bank of Papua New Guinea is the central bank of Papua New Guinea. Its main function is to issue currency and to act as the banker and financial agent to the Government. It is also in charge of regulating banking and other financial services and manages the gold, foreign exchange and any other international reserves of Papua New