Photo credit: PNG Women Entrepreneurs Connect Facebook Page Papua New Guinea Women Entrepreneurs Connect, whose objective is to empower and motivate women to be successful in business, today signed a Memorandum of Understanding (MOU) with PNGX Markets, the PNG Digital ICT Cluster, Emerging Venture Management (Unkapt) and Pacific Capital Markets Develop...
Photo credit: Education Queensland International “International students are an important part of the Australian community, and we are excited to welcome them back to our classrooms, campuses and communities.” This was the announcement posted on their website by the Australian Government last February to herald the reopening of international travel...
Photo credit: Coral Sea Cable System The internet connectivity disruption last week was caused by problems with the Coral Sea Cable System, according to PNG DataCo Limited (DataCo) (CS2). DataCo chief executive officer Paul Komboi said: “The issues are isolated to the end devices or nodes in Port Moresby and Sydney affecting internet traffic and pri...
National Information and Communications Technology (Nicta) chief executive officer Kila Gulo-Viu said Vodafone has inked agreements with Digicel and Telikom to secure connections with the two networks. “Telikom and Vodafone concluded an interconnection agreement last Wednesday. This a very important development in the context of competition as both sub...
Hon. James Marape has encouraged Hela residents to start companies, particularly commercial agriculture, and to pursue education. PM Marape made the announcement in front of thousands of people in Tari at the opening of the spectacular K8 million National National Bank (NDB) Building, dubbed Moses Liu Haus in honor of the late Moses Liu, former NDB man...
Photo credit: NBC National Radio After 45 years, the PNG National Employment Policy 2021-2031 was launched, marking PNG's entry into the global economy. Prime Minister James Marape stated this during the policy's unveiling at APEC Haus in Port Moresby last week. With a greater grasp of the numerous issues that a rapidly growing economy poses, he ...
Photo credit: Peoples Micro Bank According to State Enterprises Minister William Duma, the Government has allowed the Peoples Micro Bank Limited to become a full-fledged commercial bank. “This means the bank and Kumul Consolidated Holdings (KCH) can now implement venture into retail banking and commercialisation of its operations,” he said. “The ...
According to James Marape, the concept of special economic zones has been demonstrated to operate around the world. He addressed this in Kerevat, East New Britain, during the launch of the Gazelle Agro-Industrial Special Economic Zone (SEZ), a brainchild of MP Hon. Jelta Wong, will concentrate on the country's abundant agriculture and tuna resources. ...
CSR: It once meant a big company handing over large sums of cash in the hope (or more usually, on the condition) of getting something in return, but today it means a whole lot more. Today it is about the social licence to operate and also a necessity if we are to meet net zero by 2050. Today’s global society is identifying that doing good for others is ...
Photo: The late Deputy Prime Minister Hon. Sam Basil. Credit: PM James Marape News Page Statement by Prime Minister James Marape on the passing of Deputy Prime Minister Sam Basil Papua New Guinea is shocked and saddened at the tragic passing of Deputy Prime Minister, Transport Minister and Bulolo MP Hon. Sam Basil after a road accident along the Bul...
The Bank of PNG (BPNG) claims that rising global inflation has resulted in higher import costs and domestic inflation, which it attributes to increased activity and demand as a result of massive fiscal and monetary stimulus programs. The ongoing Russia-Ukraine war, according to Acting Governor Benny Popoitai in BPNG's quarterly economic bulletin for th...
Remote sections of the nation, such as Morobe's Siassi islands, are no longer neglected, according to James Marape. During his visit to Bunsil Station on central Umboi Island, he launched many impact projects for Pangu MP Hon. Tewai-Siassi District Development Authority (DDA). Kobby Bomareo, M.D. He was joined by the Deputy Leader of Pangu, Hon. Gin...
Photo: PM Marape with Manus Governor Hon. Charlie Benjamin (left), Civil Aviation Minister Hon. Walter Schnaubelt and Speaker and Manus MP Hon. Job Pomat at the new Momote International Airport in Lorengau According to James Marape, his government has boosted expenditures on vital infrastructure across the country, in contrast to the Peter O'Neill dict...
Photo: President Anthony Smaré addressing the attendees at the 34th Annual General Meeting Incumbent president of the PNG Chamber of Mines and Petroleum Anthony Smaré retained his position as President at the Chamber’s Annual General Meeting. Mr Smaré was re-elected unopposed in the Chambers 34th Annual General Meeting held on Thursday 28th of April...
Holiday Inn Express Port Moresby reopened its doors to guests on the 1st of May, 2022. The perfect base to get business done while in Port Moresby or start a PNG adventure, the hotel closed operations on April 16, 2020 following the first travel border closures as a result of the COVID-19 pandemic. Whilst the hotel remained closed for sale from 2020, a...
Photo: BSP Group General Manager for Corporate Banking, Peter Beswick The global economy remains constrained by inflated commodity prices, lingering pandemic effects, and supply bottlenecks. According to BSP Pacific Economic and Market Insight Q1 2022 Report, BSP Group General Manager for Corporate Banking, Peter Beswick said Russia’s invasion of Uk...
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