Prime Minister Hon. James Marape has reaffirmed his government’s commitment to strengthening superannuation and voluntary savings for Papua New Guineans, announcing key reforms aimed at ensuring financial security for retirees. Speaking at the NASFUND FM100 Talkback Show launch on Monday, Prime Minister Marape emphasised the importance of saving for li...
Whilst there is potential for growth and opportunities within Papua New Guinea’s mineral petroleum and energy sectors, security challenges remain a cause for concern, particularly in certain regions of the country. This is according to the Papua New Guinea Chamber of Resources & Energy (PNG CORE), when presenting at the recent Business Council of P...
Papua New Guinea has reaffirmed its commitment to successfully hosting the 42nd Board Meeting of the United Nations Green Climate Fund (GCF), scheduled for the last week of June this year in Port Moresby. The GCF Board Meeting is expected to attract more than 300 international delegates, marking the first time the board will convene in the Pacific regi...
Prime Minister Hon. James Marape recently addressed the annual Back to Business Breakfast, reaffirming his government’s commitment to economic growth, business sector stability, and national security as Papua New Guinea approaches its 50th anniversary of independence. In his fifth consecutive appearance at the prestigious event, organised by the PNG Bu...
Prime Minister James Marape on Tuesday, February 4, 2025, held a high-level meeting with senior officials from the World Bank, including Country Director for Papua New Guinea and the Pacific Islands Stephen Ndegwa, PNG Country Manager Khwima Nthara, and Lead Economist for Education in East Asia and the Pacific Lars Sondergaard. Also in attendance were Tre...
Papua New Guinea has entered a week of national mourning following the peaceful passing of former Prime Minister Right Hon. Sir Julius Chan at the age of 85, the last standing of the founding fathers of the country. The Chan family released a statement on Thursday 30 January, afternoon announcing the death of Sir Julius Chan at 12.30pm at his beloved...
To bring investors into the Yangoru-Saussia District, the Minister for International Trade and Investment, MP Hon. Richard Maru is cleaning up his district with the operation “Ston Brukim Ston” starting in February in line with the preparations for the 50th Independence anniversary of Papua New Guinea. The Minister said up to three investors are intere...
Prime Minister Hon. James Marape on Tuesday, January 28, 2025, met with U.S. Ambassador to Papua New Guinea, Her Excellency Ann Marie Yastishock, in a comprehensive discussion that reinforced the growing partnership between Papua New Guinea and the United States. The meeting highlighted critical areas of cooperation, including security, environmental poli...
Prime Minister Hon. James Marape on Tuesday, January 28, 2025, welcomed the newly appointed French Ambassador to Papua New Guinea, His Excellency Pierre Fournier, in a meeting that highlighted the deepening partnership between PNG and France. The discussion covered shared interests including environmental conservation, military cooperation, trade, investm...
A Memorandum of Understanding (MoU) for the transferring of powers and functions from the Investment Promotions Authority (IPA) was signed between the Autonomous Bougainville Government (ABG) and IPA recently at the Harvest Centre at Buka. The Investment and Promotions Authority (IPA) Managing Director Mr. Clarence M. Hoot officially announced the sign...
Three young women have been selected as the first aged care workers from Sepik to secure employment in Sydney, Australia. The care workers flew to Australia on January 20th. These women will begin four-year contracts in a highly competitive field, marking a significant achievement for themselves and their community. “This is a very proud day for me ...
The signing of the K260-million Kimbe Rehabilitation and Upgrade Marine Package contract, awarded to Pacific Marine Group (PMG), was made official on January 16 at the Kumul Consolidated Holdings (KCH) Boardroom in Port Moresby. Work on the Kimbe Port is expected to commence at the end of the first quarter of 2025 and would be completed within 16 month...
Ok Tedi Mining Limited (OTML) Managing Director and CEO Kerry Ilimbit called for “meaningful change” in Western Province, emphasizing the need for improved governance, infrastructure, and economic participation for locals. Mr. Ilimbit spoke at the launch of the Western Province Development Plan 2023-2027 on January 17 at Daru Oval, underscoring the res...
Western Province, home to Papua New Guinea’s largest mine, celebrated a significant milestone with the official launch of its Provincial Integrated Development Plan (2023-2027) and Four District Development Plans (2023-2027) at Daru Oval. The launch event held on January 17 drew over 1,000 people, including key stakeholders, development partners, and r...
The Porgera Landowners Association (PLOA) called for immediate government intervention amid escalating violence in Enga Province, which threatens the safety of local communities, the operations of the Porgera Mine, and Papua New Guinea's economic stability. A PLOA situation report states the conflict began on August 22, 2024, when violent clashes broke...
Prime Minister James Marape has acknowledged the significant challenges highlighted by the Manufacturers Council of PNG regarding economic barriers faced by the country’s manufacturing sector and reaffirmed his government’s commitment to removing structural obstacles and creating a more conducive environment for businesses to thrive. “The concerns rais...
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