Treasurer Ian Ling-Stuckey has revealed the terms of reference for a review of the Bank of PNG, as well as the members of the review panel. Former Chief Secretary Robert Igara will lead the study, which was planned in the Supplementary B...

The PNG Extractive Industries Transparency Initiative (PNGEITI) has praised the open stakeholder dialogue culminating in reaching consensus to re-open the Pogera Mine in Enga.  Parties in April this year sanctioned a “Framework Agreem...

Twinza notes the comments regarding the Pasca A Gas Agreement made by the Petroleum Minister, the Hon. Kerenga Kua, in a media release of 25th May 2021. Twinza is currently awaiting a response from the Petroleum Minister as to whether...

PNG Power Limited will be subjected to an evaluation by its asset management standard unit in order to receive ISO 55001 certification. A third party will undertake the assessment and ISO 55001 certification process, which will take 1...

According to an agriculture official, the nation spends K1 billion on rice imports each year. Stephen Mombi, DAL deputy secretary technological development division, warned that as the world's population grows, rice consumption would ...

According to an S&P Global Rating research update, measures introduced in the battle against the Covid-19 are likely to bring more pressure on PNG's government finances. According to the study, the global pandemic has exacerbated ...

Photo Credit: Papua New Guinea Travel According to Gudmundur Fridrikkson, chief executive officer of Paga Hill Development Company, the country can generate US$250 million (K869.60 million) in 18 months if 80 of the 300 cruise ships t...

Background – Petroleum Industry in Papua New Guinea The exploration for petroleum in Papua New Guinea has a long history which dates back to early 1900s. It began with a group of Australian geologists who first came in 1913 to PNG to...

Dr. Nancy Irwin (left) with the Deputy Commissioner General for Expo2020 and Head of the PNG Expo2020 Secretariat, Mrs. Jacinta Warakai-Manua began the partnership to tell the PNG Vanilla story in Dubai, by exchanging ideas in Port Mores...

The Australia Papua New Guinea Business Council and the Business Council of Papua New Guinea are pleased to be re-launching the 36th Australia Papua New Guinea Business Forum and Trade Expo, which was deferred from 2020 to 24 to 26 May 2...