Search Results: 2022

One hundred percent locally owned Sky Health and Medical Service (SHMS) Clinic is expanding its services to international standards. It is working with Papua New Guineans business houses and the government health sector to deliver maximum services as it will officially open its 8Mile headquarter Clinic in a few weeks in Port Moresby. An official tou...

Photo: (From left) Dawn Robinson, Project Wok Coordinator of Project Yumi Inc.; Project Yumi PNG Regional Coordinator Jessica Bablis; and General Manager of FX Business Centre Jeremy Nicdao presenting the Cheque FX Business Centre is assisting in the setup of the Pari Early Childhood Centre in the Central Province by donating K5,500 to Project Yumi Inc...

Photo credit: Department of Prime Minister & National Executive Council Prime Minister Hon. James Marape has given the green lights to Japanese think tank Japan Development Institute (JDI) to start work on developing a new Special Economic Zone (SEZ) Master Plan for Papua New Guinea. He gave the blessing following a meeting with JDI CEO and Chai...

“The Prime Minister and Hon. James Marape’s opening address at the 11th Parliament session on “Restructuring Governance and Real Development Outcomes” was well received by the market,” said BSP Group General Manager for Corporate Banking, Peter Beswick. According to Beswick, “The message of the Prime Minister was well received. With its key focus on su...

The Grand Papua Hotel in Port Moresby is a proud winner of The Luxury Hotel Awards 2022. The Luxury Hotel Awards recognizes and celebrates the hotel industry worldwide, with votes cast by travellers, guests, and industry players. It is the third year the Grand Papua Hotel has entered the Luxury Hotel Awards and we are proud to have been awarded the fol...

Photo credit: Department of Prime Minister & National Executive Council The country’s treasurer, Ian Ling-Stuckey addressed the parliament when it resumed recently that Papua New Guinea’s domestic outlook on the state of the economy looks to be improving but the current global trend on the international economic situation is looking uncertain and s...

Prime Minister, Hon.  James Marape has urged the country and its people to aspire to be more productive. In his diligence in aiming for the country to achieve economic independence, Prime Minister Marape has forged new ties for trade and investment during his trip and also helped in consolidating relations between PNG and the countries he visited. The...

The Opposition Leader of Papua New Guinea, Hon Joseph Lelang, has questioned the Marape-Rosso Government on its immediate and long-term solutions to resolve the public sector rental crisis being experienced by numerous key government departments in Port Moresby. He said millions of kina has been allocated to address arrears and outstanding claims each ...

With over twenty years at News Corp and the ABC (including as Business Editor), Presenter at Sky News and as an investigative reporter with Four Corners, there is no denying the illustrious Ticky Fullerton is a household name in Australian business circles. She is the author of Watershshed, the first comprehensive book on the future challenges facing Aust...

Investment Promotion Authority celebrates its 30 years of being in operation in the country. Commerce and Industry Minister Henry Amuli said celebrating 30 years of operation is a momentous occasion because the Investment Promotion Authority (IPA) is the top performing agency in the Commerce and Trade ministry. He said that previous prime ministers ...

In 2022, the PNG GDP is anticipated to reach K110 billion. Speaking at the 2022 PNG Update, which was organised by the University of PNG in partnership with the Australia National University, Prime Minister James Marape stated that the GDP of PNG was K79.4 billion in December 2018 and K83.8 billion in 2019. According to him, the government has been ...

Photo credit: Verdict According to Prime Minister James Marape, Papua New Guinea can learn a lot from Israel, particularly in the field of agricultural technology. Marape made the comment in Parliament in response to a query from Morobe Governor Luther Wenge on the potential for PNG to open an embassy in Israel and vice versa as a Christian nation. ...

According to acting chief executive Rodney Begley, PNG Ports Corporation Ltd. is spending K1.5 billion on port infrastructure around the nation. Lae's major dock and tidal basin will get K470 million in investments to become an international freight centre. Begley said that Lae was of interest to the port authorities because 9.9 million tonnes of fr...

The Petroleum Sector National Content Policy is anticipated to be finished by the end of this month and presented to the National Executive Council the following month, according to Department of Petroleum and Energy Secretary David Manau. Manau stated that this strategy will also establish an office to look at the practical elements of assisting the s...

EU-STREIT PNG collaborates with National Fisheries Authority (NFA) to support sustainable development of the fisheries value chain in rural Papua New Guinea. The Food and Agriculture Organization of the United Nations FAO), under the EU-STREIT PNG Programme is partnering with the National Fisheries Authority (NFA) to assist in the sustainable developme...

Photo credit: K92 Mining Inc K92 Mining Inc is pleased to announce results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to maiden results from the Kora Northern Deeps target at the Kainantu gold mine in Papua New Guinea. The results for the latest 93 diamond drill holes c...

Photo credit: Department of Prime Minister & National Executive Council After a decade, the PNG/lndonesia SOM was convened in the Indonesian harbour city of Jayapura from 11th-12th October 2022.  The PNG side was led by Mr Frank M. Aisi, Deputy Secretary Policy 1 responsible for Economic and Infrastructure Sectors and International Relations of ...

Photo credit: ABG The 2022 Bougainville Trade and Investment Conference ended on a high note following intensive discussions over the last two days at the Sharp Memorial Youth Center in Arawa. Over the course of the two days, experience-sharing and presentations were delivered by trade and economic experts on how Bougainville can narrow its fiscal g...