Prime Minister Hon. James Marape has called on all public servants to take inspiration from the Medium-Term Development Plan (MTDP) IV 2023-2027 to contribute to Papua New Guinea’s path to greatness. Addressing thousands of public servants on Friday, January 5, 2024, at the Sir John Guise Indoor Stadium and via livestream, Prime Minister Marape emphasi...
In the aftermath of widespread rioting and looting in Port Moresby, Prime Minister Marape announced a 14-day State-of-Emergency (SoE) in the National Capital District. The announcement came as a response to the unrest, and four high-ranking officials—Police Commissioner David Manning, Finance Secretary Sam Penias, Treasury Secretary Andrew Oaeke, and Pers...
In the aftermath of riots and looting in Port Moresby, Prime Minister Hon. James Marape has issued a heartfelt appeal to all Papua New Guineans, urging them to prioritise peace and normalcy. The Prime Minister expressed his deep concern for the unnecessary incidents that occurred. During a press conference held at Sir Manasupe Haus in Port Moresby, Pri...
The Papua New Guinea Investment Promotion Authority (IPA) as the investment promotion arm of Government and business regulator, has condemned the senseless attacks on business houses in Port Moresby and other centers around the country following the looting and burning down of shops and warehouses by the public whilst taking advantage of the stand down by...
Representatives for the Mineral Resources Development Company (MRDC) and an ExxonMobil subsidiary signed a Jet Fuel Technical Services Agreement on the sidelines of the 2023 Papua New Guinea Resources & Energy Investment Conference this week in Sydney. Augustine Mano, MRDC Managing Director and CEO, said this signing unlocks the ability for MRDC to...
Policy reforms that strengthen legal frameworks will help Papua New Guinea (PNG) boost nontax revenues, says the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM).. “Subdued economic growth of 2% in 2023 is largely due to foreign exchange shortages, 20%–30% lower sales in various sectors, and a weakened contribution to g...
The Pacific economy is projected to continue expanding in 2023–2024, but supporting further growth requires additional government resources, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM). Growth for the Pacific is forecast to be 3.5% in 2023 and 2.9% in 2024. Tourism-dependent economies including Fij...
Prime Minister Hon. James Marape praised the dedication and efforts of the 300 contractors involved in the Government’s flagship ‘Connect PNG’ programme for generating employment opportunities for 30,000 individuals, including women, throughout Papua New Guinea. The Prime Minister conveyed his appreciation during the Department of Works and Highways’ C...
Prime Minister Hon. James Marape says the Government’s ‘Connect PNG’ programme will open up Papua New Guinea “like never before” by leveraging unprecedented resource developments. The Prime Minister outlined his vision during the Department of Works and Highways’ Christmas party in Port Moresby recently. “The next 17 years to 2040 will see us building,...
Prime Minister Hon. James Marape has outlined a bold vision for Papua New Guinea’s economic future in an address to the independent Australian think tank Lowy Institute. He predicts a substantial surge in the country’s economy over the next decade, propelled by six major resource projects. The Prime Minister anticipates a remarkable milestone, reaching a...
Prime Minister Hon. James Marape reaffirmed the substantial progress made by Papua New Guinea since his inaugural address at the Lowy Institute in Sydney, Australia, in July 2019. Addressing the Lowy Institute on Monday, December 11, 2023, Prime Minister Marape outlined significant achievements and acknowledged persisting challenges that require attent...
Prime Minister Hon. James Marape recently highlighted Papua New Guinea’s allure as an investment destination, emphasising its unique status as “carbon-negative, at the 17th Papua New Guinea Resources and Energy Conference held in Sydney, Australia. This declaration positions Papua New Guinea as a frontrunner in environmentally conscious investment oppo...
The 2023 Papua New Guinea Resources & Energy Investment Conference recently held in Sydney Australia was officially opened by Prime Minister Hon. James Marape. Prime Minister Hon. James Marape in his keynote address has acknowledged the collaboration with the private sector and the positive mergers and transitions that have occurred in the likes of...
Prime Minister Hon. James Marape expresses his gratitude for the invitation extended by Australian Prime Minister Hon. Anthony Albanese to address the Australian Parliament on February 8, 2024. The announcement was made on Thursday, December 7, 2023, by Prime Minister Albanese during a press conference held outside the Australian Parliament in Canberra , ...
Prime Minister Hon. James Marape expressed his appreciation for the significant progress made in the longstanding relationship between Australia and Papua New Guinea, following the signing of the historic A$200 million (K455 million) Bilateral Security Agreement. The ceremony took place at Parliament House in Canberra, with Australian Prime Minister Hon. ...
TotalEnergies EP PNG Ltd (TEP PNG) as operator of the Papua LNG project, have signed a Memorandum of Understanding with the Papua New Guinea University of Technology (PNG Unitech). The Unitech Scholarship program will be made available in 2024, to Third (3rd) year students from the disciplines of Electrical, Mechanical or Civil Engineering, Applied Phy...
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