A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business Councils’ Senior Executive and other executive committee members embarked on a significant visit to Canberra on 26 and 27 February 2024. The purpose of the visit was to engage in discussions w...

The Minister for International Trade and Investment, Hon. Richard Maru today announced that the National Executive Council (NEC) has approved for Trade Commission Service to officially start with the appointment of Mr. Rex Paki as the Papua New Guinea Honorary Trade Commissioner to Australia based in Brisbane and His Excellency Dr. Bienvenido Tejano as Pa...

Kumul Minerals Holdings Limited (KMHL), the National Minerals Company of Papua New Guinea has announced that it will take the leading role on the introduction of sustainable mining practices in PNG. KMHL has engaged KPMG-PNG to assist in developing its Environmental, Social, and Governance (ESG) Framework, which will include disclosure of key performance ...

Prime Minister and Treasurer Hon. James Marape has acknowledged the Gulf Provincial Government for trailblazing the National Government’s goal of providing electricity to at least 70 percent of the country’s population by 2030. In a meeting held on Tuesday, March 5, 2024, Gulf Governor Hon. Chris Haiveta presented the 2024 Gulf Provincial and Local Lev...

Prime Minister Hon. James Marape held discussions with the new United States Ambassador to Papua New Guinea, Ann Marie Yastishock, recently at his Sir Manasupe House office in Port Moresby. Prime Minister Marape, in welcoming the ambassador, said PNG is a friendly country with a robust democracy. Prime Minister Marape informed Ambassador Yastishock ...

Prime Minister Hon. James Marape has warmly welcomed the historic reopening of the International Monetary Fund (IMF) Resident Office in Port Moresby, marking its return after 20 years of absence. This significant event was highlighted during a press conference held by the Prime Minister alongside the IMF’s Deputy Managing Director, Bo Li. The reopening...

After years of dedicated effort and a commitment to empowering the nation's workforce, we are excited to announce the imminent launch of the Wan PNG platform, a significant milestone in our journey toward a brighter future. The official launch is scheduled for March the 13th at the APEC Haus Port Moresby, and it is our honor to welcome the Hon. Kessy Sawa...

Prime Minister Hon. James Marape has urged Central Province Governor Hon. Rufina Peter and her provincial administration to unleash the enormous untapped economic potential of Central Province. The Prime Minister particularly stressed the unique tourism potential of the province, given its proximity to the nation’s capital, and the opportunity this off...

Prime Minister Hon. James Marape has urged the New Ireland Provincial Government to do more to modernise the province. PM Marape said this can be done relatively easily because of the existence of some enabling infrastructure, revenue from Lihir Mine, and the strong observance of the Rule of Law in the province. The Prime Minister highlighted New Ir...

Prime Minister and Treasurer Hon. James Marape announced recently that Cabinet has invoked provisions of the Essential Services Act in light of the fuel crisis now affecting the country. “This allows for the Government emergency powers to give directions to companies in the fuel and banking sector in the best interests of Papua New Guinea,” stated Prim...

The Minister for Commerce & Industry, Win Bakri Daki through the Papua New Guinea Investment Promotion Authority (IPA) has praised the 50- member delegation from Japan who visited the country recently seeking business and investment opportunities. Minister Daki told the investors that even though PNG has been hitting the media for the wrong reasons...

The Minister for International Trade and Investment, Hon. Richard Maru recently announced that the Government has issued new policy directions for Special Economic Zones (SEZs) in Papua New Guinea (PNG) to give first priority to PNG investors. “The Marape-Rosso Government enacted the Special Economic Zone Authority Legislation in 2019 without the polic...

Minister for International Trade and Investment, Hon. Richard Maru today announced that Papua New Guinea (PNG) will roll out Trade Commission Service this year. “I am happy to inform the country that PNG is appointing Honorary Trade Commissioners across the world this year with the first being the Honorary Trade Commissioner to Australia and the Philip...

Abu Dhabi, February 25, 2024- The Minister for International Trade and Investment, Hon. Richard Maru indicated to his counterparts from Pacific ACP who had gathered in Abu Dhabi, United Arab Emirates for the World Trade Organization (WTO) 13th Ministerial Conference (MC13) that Papua New Guinea will maintain its position to standstill on fisheries subsidi...

Papua New Guinea’s diver recompression facility, strategically located in Port Moresby, has saved many lives and prevented numerous long-term disabilities since it opened in 2004.  Although recreational divers have traditionally been the most frequently treated, the last five years have seen an increase in commercial diver patients.  Given the surge in pr...

The Australian Infrastructure Financing Facility for the Pacific has pledged a grant and concessional loan package totaling USD150 million to Papua New Guinea for the purpose of enhancing and repairing crucial energy infrastructure. This commitment was affirmed during Prime Minister Marape’s visit to Canberra on February 8, 2024. The funding will be al...