Prime Minister and Treasurer Hon. James Marape has issued a directive to the Department of Labor and Employment, emphasising the urgent need to address the longstanding minimum wage issue. The directive comes in the wake of a meeting between Prime Minister Marape and Labor and Employment Minister, Hon. Kessy Sawang, where discussions revolved around va...

Prime Minister Hon. James Marape recently underscored the government’s commitment to delivering development for the people of Papua New Guinea, emphasising the responsibility of the six newly-appointed ministers and those reshuffled. The Prime Minister made the six new ministerial appointments and reshuffled Cabinet last Thursday. “My government is ...

Prime Minister and Treasurer Hon. James Marape recently expressed his commitment to thoroughly investigate key issues affecting the country in his capacity as Treasurer. The Prime Minister officially assumed the role of Treasurer following a Cabinet reshuffle announced last Thursday, succeeding Hon. Ian Ling-Stuckey. The Prime Minister looks forward to...

Prime Minister James Marape and Bougainville President Ishmael Toroama have agreed to convene a Joint Supervisory Body Meeting early this year in Bougainville. The two leaders met recently in Port Moresby to discuss matters about the Ratification, Intergovernmental Funding arrangements, and other matters concerning the development and political future ...

This year's two primary tasks for the Autonomous Bougainville Government are progressing Bougainville’s Independence Mission and reopening the Panguna Mine. Bougainville President Ishmael Toroama said that 98 percent of Bougainvillean’s desire for an independent sovereign state of Bougainville is firmly established by the results of the 2019 Bougainvil...

After over 20 years of failure, the Government of Papua New Guinea (PNG) has learnt from the mistakes of the past and is ready to kickoff Special Economic Zones (SEZs) in a big way starting this year, says the Minister for International Trade and Investment, Hon. Richard Maru. “Our first two Special Economic Zones were Malahang in Morobe Province and U...

The announcement of the partnership by Radisson Blu and Paga Hill development company today to build an international Radisson Blu branded hotel at Paga Hill Special Economic Zone (SEZ) marks the start of transformation of Paga Hill, says the Minister for International Trade and Investment, Hon. Richard Maru. “Radisson Blu is the largest hotel chain in...

Any major government policy reforms in the mineral resources and energy space in Papua New Guinea, will be done in consultation with industry. This was the assurance by Minister for Petroleum & Energy, Hon. Kerenga Kua, when presenting at the recent 2023 PNG Resources & Industry Investment Conference. Minister Kua reassured those present that t...

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...