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...
Papua New Guinea’s Prime Minister, James Marape, made history by addressing Australia’s parliament in Canberra on 8 February, marking the first occasion a leader from a Pacific Island nation has done so. Marape’s speech underscored the deep-rooted ties between Papua New Guinea and Australia, characterising the latter as PNG’s “big brother” and emphasising...
Australia’s new High Commissioner to Papua New Guinea, His Excellency John Feakes has officially presented his letter of introduction to Papua New Guinea Prime Minister James Marape. Australian Foreign Minister Penny Wong announced Mr. John Feakes’ appointment as Australia’s next High Commissioner to the Independent State of Papua New Guinea in Septemb...
The Chairman of Paga Hill Estate, Mr. Peter Barge announced recently that the Radisson Blu Hotel at Paga Hill be 40 per cent owned by Papua New Guineans. Mr. Barge made this announcement in a press conference with the Minister for International Trade and Investment, Hon. Richard Maru and the Managing Director, Australasia of Radisson Group, Mr. Lachlan Ho...
Papua New Guinea (PNG) needs to work on developing a very strong, deep, and a robust relationship with Indonesia, says the Minister for International Trade and Investment, Hon. Richard Maru who will be leading a trade delegation to Indonesia at the end of March this year. “We have wasted the last 50 years. Indonesia is the country we should have focuse...
Prime Minister and Treasurer Hon. James Marape has extended his gratitude and apologies to all businesses that have supported Papua New Guinea over the years, in an address recently to the business community during the annual Back-to-Business Breakfast sponsored by Kina Bank in Port Moresby, The Prime Minister’s speech comes in the wake of the events ...
Prime Minister and Treasurer Hon. James Marape has described Morobe as one of the “most-important” provinces of the country which anchors 70 per cent of Papua New Guinea’s economy. He reiterated this sentiment on Friday, February 16, 2024, when receiving the K681 million Morobe Provincial Budget from Morobe Governor Hon. Luther Wenge. Prime Minister Ma...
The State Team working on the Community Development Agreement (CDA) for the Porgera Project, (Friday 9 Feb) completed a two-days pre-CDA meeting. The meeting held in Mt Hagen, involved the 25 Special Mining Lease (SML) landowner agents, and Ward Councillors of the Porgera Rural Local Level Government, which hosts the Porgera Mining project. The purp...
Consort Express Lines (Consort) proudly announces the latest addition to its fleet – MV Papuan Coast. The vessel, formerly known as MV Dili Chief, has now been seamlessly integrated into Consort's liner operations following its deployment in Consort’s network since November 2023. The acquisition, completed on the 3rd February 2024 at a total cost ...
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