Prime Minister Hon. James Marape has successfully concluded a high-level visit to Japan, marking a milestone in Papua New Guinea–Japan relations as both nations celebrate 50 years of diplomatic partnership. The visit, which included key engagements in Osaka and Tokyo, showcased deepening cooperation in trade, investment, fisheries, energy, education an...

Port Moresby, Papua New Guinea — Prime Minister James Marape on Tuesday officially commissioned the MV IBK, a new landing craft barge representing the people of Ihu, Baimuru and Kikori, and launched the Kikori District Five-Year Development Plan at a ceremony held at Fairfax Wharf. Under the theme “Charting our way: one development plan, one people, on...

BUKA — The Bougainville Executive Council (BEC) has officially endorsed a 20-year Bougainville Transport Master Plan, setting a clear path for the region’s future infrastructure development and reaffirming its long-term commitment to reliable, inclusive and climate-resilient growth. As part of the endorsement, the BEC also approved the renaming of the ...

The European Union Ambassador to Papua New Guinea Jacques Fradin reaffirmed the EU’s long-term commitment to PNG, emphasising innovation, climate action and deepening trade and development partnerships under a transformative “global gateway” approach. The European Union (EU) has been a long-standing partner of PNG since independence, strengthening ties...

Prime Minister James Marape used his high-level engagement with the International Monetary Fund (IMF) in Washington, D.C. to call for the creation of a tailored support facility for Small Island Developing States (SIDS), particularly fellow Pacific Island nations. Speaking directly to IMF Deputy Managing Director Mr Bo Li and his senior leadership team...

Washington, D.C., USA, 11 July 2025 – Prime Minister Hon. James Marape has reiterated Papua New Guinea’s unwavering commitment to macroeconomic stability, fiscal reform, and debt sustainability during a high-level meeting with the International Monetary Fund (IMF) in Washington, D.C. The meeting was held at the IMF Headquarters with Deputy Managing Di...

Prime Minister James Marape held a series of meetings with senior US officials on 10 July, reinforcing strategic ties between Papua New Guinea and the United States in areas including trade, investment, security and fisheries cooperation. He engaged with representatives from the Pentagon, US Border Protection and the US Coast Guard, culminating in a ke...

Prime Minister James Marape has announced a landmark development in Papua New Guinea–United States relations, following a historic first-ever bilateral meeting at the White House between a sitting Papua New Guinean Prime Minister and a US Vice President. This milestone meeting, held during Prime Minister Marape’s official visit to Washington D.C., took...

The Bank of Papua New Guinea (BPNG) has submitted its 2024 Annual Report and Financial Statements to the Minister for Treasury, in accordance with the Central Banking (Amendment) Act of 2024. The report captures a pivotal year marked by structural reform, digital innovation, monetary tightening, and renewed focus on institutional integrity. The timely ...

Papua New Guinea must stop crafting “a rulebook for every project” and instead focus on building reliable, trade-enabling infrastructure to underpin a strong and inclusive economy, said Chey Scovell, Vice President of the Port Moresby Chamber of Commerce and Industry (POMCCI). Speaking at a POMCCI-hosted breakfast forum on Thursday, 3 July, at the Roya...

Kumul Consolidated Holdings (KCH), the trustee shareholder of the country’s state-owned enterprises (SOE), and PNGX Group Limited (PNGX Group), the holding company of PNGX Markets Limited, operator of Papua New Guinea’s national stock exchange, have signed a memorandum of understanding (MOU) aimed at improving SOE governance and unlocking new investment p...

15 June marked a significant milestone for Papua New Guinea as the government officially launched the Special Economic Zones (SEZ) Foundation Policy 2025–2032 during a high-profile ceremony at APEC Haus in Port Moresby—an event hailed by national leaders as a transformative moment in the country’s economic journey. Hosted by the Ministry of Internation...

Prime Minister Hon. James Marape and Autonomous Bougainville Government President His Excellency Ishmael Toroama today signed the landmark Melanesian Agreement in Port Moresby, charting a peaceful and legally defined course for the next phase of the Bougainville peace process. The ceremony was witnessed by Moderator Sir Jerry Mateparae, ministers from ...

Prime Minister Hon. James Marape has officially unveiled the inaugural board of Papua New Guinea’s National Rugby League (NRL) team and launched a national competition to name the team and compose its theme song, declaring the moment as “historic for sport and nation.” The announcement was made during a packed press conference held at the Santos Nation...

Prime Minister Hon. James Marape has restated his government’s strong and clear commitment to small and medium enterprises (SMEs), describing them as the “heartbeat of Papua New Guinea’s economic future”, and central to national efforts to grow the economy to K200 billion. Speaking during the 7th TISA Bank SME Breakfast and Awards Launch in Port Moresb...

The PNG Ports Corporation (PNG Ports) has presented a cheque of K200,000 to take up Gold Sponsorship for the upcoming 2nd Papua New Guinea Special Economic Summit that will be hosted at the APEC Haus in Port Moresby from August 31st- September 3rd, 2025. The Minister for International Trade and Investment, Hon. Richard Maru, thanked the Chairman of the...