The Bank of Papua New Guinea (BPNG) has reaffirmed its commitment to building an inclusive financial system, underscoring microfinance as a key driver of national development and economic empowerment. Deputy Governor of BPNG Jeffery Yabom delivered the message during his keynote address at the PNG Microfinance Diagnostic Validation Workshop on 3 Septem...
Prime Minister James Marape has appealed to the United States and its business community to deepen trade and investment ties with the Pacific, saying the region must be seen as a partner of prosperity rather than a passive recipient of aid. Speaking at the US–Pacific Islands Business Forum on the sidelines of the United Nations General Assembly, Marape...
The Republic of Fiji has once again underscored the urgent need for renewed global commitment to climate action and stronger support for Small Island Developing States (SIDS). At a high-level side event held on the margins of the 80th United Nations General Assembly (UNGA80), Prime Minister Honourable Sitiveni Rabuka stressed that climate change contin...
Prime Minister James Marape received a rousing and colourful welcome in his home electorate of Tari-Pori, Hela Province, as he returned from the nation’s historic 50th Independence Anniversary celebrations in Port Moresby on18 September. Thousands gathered in traditional attire, with singsing groups and community members filling Tari with the spirit o...
Prime Minister James Marape has announced that Papua New Guinea and Australia have agreed on the text of a Mutual Defence Treaty, elevating the two nations’ security partnership to the highest level in their shared history. The Treaty — to be known as the Pukpuk Treaty — will be formally signed after Cabinet processes in both Port Moresby and Canberra....
Papua New Guinea Prime Minister James Marape, alongside Governor-General Bob Dadae and Chief Justice Gibbs Salika, officially opened the new National and Supreme Court Complex at Waigani on 10 September, describing the K653 million project as a national investment in democracy and institutional stability. Positioning the development as a cornerstone fo...
Papua New Guinea has concluded its Second Special Economic Zone (SEZ) Summit, hailed as the country’s largest international investment gathering to date, drawing over 450 delegates, including more than 100 foreign investors from Asia and the Middle East. The three-day summit, held from 1–3 September at APEC Haus in Port Moresby, has been described by orga...
The European Union is advancing its Global Gateway strategy in Papua New Guinea (PNG), with European Commissioner for International Partnerships Jozef Síkela arriving in Port Moresby on 11 September to strengthen investment ties and development cooperation. His two-day visit concluded on 12 September with the signing of a PGK 125 million budget support pr...
Papua New Guinea’s Minister for Mining Rainbo Paita has urged investors to embrace the country’s Special Economic Zone (SEZ) initiative, stressing the need for competitiveness, strong incentives, and practical reforms to attract long-term investment. Speaking during the Second Special Economic Zone Summit at APEC Haus, Minister Paita commended the Mini...
Papua New Guinea’s 50th Independence Anniversary saw an unprecedented gathering of regional and international leaders, underscoring the country’s growing diplomatic and economic significance on the global stage. Prime Minister James Marape hosted bilateral and multilateral partners, dignitaries, investors and business leaders across a week of events in...
Prime Minister of the Cook Islands Mark Brown met with Papua New Guinea’s Prime Minister James Marape on the margins of PNG’s 50th Independence celebrations on 16 September, reaffirming the strong friendship between the two nations. Prime Minister Brown congratulated Marape and the people of Papua New Guinea on their golden jubilee, recognising PNG’s a...
Papua New Guinea’s Minister for Commerce and Industry, Win Bakri Daki, announced two major policies during the Department of Commerce and Industry’s Independence celebration on 1 September. The event, part of the ministry’s month-long programme marking PNG’s 50th Independence anniversary from 1 to 30 September, provided a platform for the minister to outl...
Prime Minister James Marape has recently inaugurated the Tabubil–Telefomin Highway, the first road to ever reach Telefomin District, long regarded as one of the country’s most isolated areas. The highway, built under the Connect PNG programme and funded through the Ok Tedi Mining Ltd. (OTML) Tax Credit Scheme, was opened to scenes of celebration as th...
Papua New Guinea Prime Minister James Marape, MP, has called for stronger civil society engagement to ensure the Pacific’s regional architecture delivers stability, good governance and sustainable economic growth. In his intervention statement at the 54th Pacific Islands Forum (PIF) Leaders’ Dialogue with Civil Society on 9 September in Honiara, Solomo...
In celebration of Papua New Guinea’s 50th Independence Anniversary, New Porgera Ltd. (NPL) has pledged K100,000 (about USD 23,500–24,000) to the National Museum and Art Gallery (NMAG). The contribution was formally handed over by NPL Country Manager Karo Maha after discussions with NMAG executives and Friends of the Museum (FoM), a non-profit group ded...
Prime Minister James Marape has reaffirmed Papua New Guinea’s commitment to investor confidence and economic diversification, telling international and local business leaders that Special Economic Zones (SEZs) will drive growth while upholding the rule of law and ensuring strong returns. Speaking at the Second PNG SEZ Summit in Port Moresby, Marape hig...
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