Photo credit: Australia Papua New Guinea Business Council Hon. Richard Maru, Minister for International Trade and Investment, in his keynote address on the 16th of May at the 38th PNG-Australia Business Forum and Trade Expo at Hilton Hotel Port Moresby, said Papua New Guinea's trade was always in favor towards Australia. “For the last 47 years, trad...
Photo: PM Marape with International Trade and Investment Minister Hon. Richard Maru and Vice-Minister Hon. Kessy Sawang at the launch of the SEZ Summit on Sunday night.-PM’s Office Media Prime Minister Hon. James Marape says “a sustainable economy is a diversified economy”. He said this on Sunday (May 7, 2023) night when opening the three-day Papua ...
The Global Dialogue on Seafood Traceability (GDST) announced on the 18th of April 2023 that the Fishing Industry Association of Papua New Guinea's (FIA PNG) version of Fisheries Information Management System (iFIMS) software has successfully passed the GDST Capability Test. [1] The GDST Capability Test is an online platform that allows businesses invol...
The Honorable Minister for International Trade and Investment, Richard Maru, MP, announced recently that the Marape Government has made a historic decision to establish for the first time, the National Trade Commission Service, starting with establishing eight new Trade Missions around the world this year with the first Trade Mission to be established in ...
Photo credit: AG Energy Limited At the recent launch of the Edevu Hydropower Development, Chinese Ambassador to PNG, Zeng Fanhua, expressed that Prime Minister James Marape has expressed his hope to attract more Chinese enterprises to invest in PNG, which China actively supports to contribute to PNG’s economic development. The ambassador also stated th...
James Marape has urged government regulatory agencies in the agriculture, fisheries, forestry and commodity sectors to embrace accountability and monitor the resources being harvested in the country. This call comes after the Mineral Resources Authority (MRA) launched its data repository recently, which will provide real-time data on minerals produced in ...
Photo Credit: USCG Press CC BY 2.0 International Trade and Investment Minister Richard Maru is urging for more fish caught in Papua New Guinea's waters to be processed in the country, with a target of processing all of it. At present, only about 10 to 15 per cent of the fish caught in PNG is processed domestically, while over 80% is sent abroad for pro...
Photo: Mr. Sylvester Pokajam, President & Chairman of Fishing Industry Association (PNG) Inc. In response to a recent media publication regarding the scaling down of operations of one of the country's major fish processing operators, the Fishing Industry Association (PNG) Inc. has clarified and maintained that the country's tuna stock is still in a...
Photo: President of the PNG Chamber of Mines and Petroleum Mr Anthony Smaré Last year, the 16th Papua New Guinea Mining and Petroleum Investment Conference and Exhibition was held from 5th to 7th of December 2022 at Sydney Hilton Hotel. The event was hosted by the Papua New Guinea Chamber of Mines and Petroleum with the theme "PNG Resources: Securing t...
Minister for International Trade and Investment, Hon. Richard Maru invited the CEOs of provident fund, superannuation fund, sovereign wealth funds, trust funds, and social security administrations from across the Pacific who had gathered in Port Moresby for the 2023 Pacific Islands Investment CEO’s Forum to invest in Papua New Guinea (PNG), especially in ...
The National Maritime Safety Authority (NMSA) of Papua New Guinea has further improved the country’s oil spill response capabilities. February saw senior representatives from key maritime stakeholders attend Level 3 Oil Spill Response Training in Port Moresby. The training comes on the back of the country’s first National Spill Response Exercise held la...
Photo credit: PNG Forest Industries Association Prime Minister Hon. James Marape has called on logging companies, landowners and the National Forest Authority (NFA) to be involved in reforestation of areas that have been logged. He made the call on Friday, March 10, 2023, at remote Kurindal in Lasul-Baining Local Level Government (LLG), Gazelle, Eas...
Returning for its seventh year due to ongoing industry demand, the PNG Industrial and Mining Resources Exhibition and Conference (IMREC) will be held in Port Moresby this June. Acclaimed for bridging the gap for Papua New Guinea and Australia’s industrial relations, PNG’s IMREC will host respected industry delegates and over 100 exhibitors across two d...
Photo: James Marape The Department of Commerce & Industry has finalized the NEC Policy Submission on the Gold Bullion Policy and has submitted it to the NEC for endorsement. The Gold Bullion Policy is an initiative of the Marape-Rosso Government to ensure our non-renewable and renewable resources are properly harnessed to increase revenue streams t...
Photo: Panguna Mine - Credit: Ilya Gridneff/AAP The Department of Mineral and Energy Resources (DoMER) has set its strategic objectives for the next five years, according to Secretary Mr. Peter Kolotein. These are being captured in the Bougainville Integrated Strategic Development Plan (BISDP) 2023-2027 and the DOMER Strategic Plan 2023-2027 to be l...
Photo: PM Marape being shown around the Gabon SEZ (GSEZ) at Nkok.-Pictures by PM’s Office Media Prime Minister Hon. James Marape says there is so much Papua New Guinea can learn from Gabon in Central Africa about Special Economic Zones (SEZs). An impressed PM Marape said this today after visiting the Gabon SEZ (GSEZ) at Nkok, a multi-sectoral indust...
Photo: Ramu Nickel project women landowners receiving funding assistance from MRA Women landowners of mining projects in the country, will be given more recognition in terms of business opportunities from mine derived benefits going forward, said Acting Managing Director of the Mineral Resources Authority (MRA), Jerry Garry. Mr Garry was speaking d...
Photo credit: PNG Forestry Authority The PNG Forest Authority and the Australian Department of Agriculture, Fisheries and Forestry have signed a memorandum of understanding (MoU) aimed at transforming and reforming the forestry sector. The MoU outlines key platforms for collaboration, including the review of forestry legislation, the regulatory framewo...
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