Search Results: fish

by Kingtau Mambon and Stephen Howes Papua New Guinea has been facing fiscal problems since the end of its economic boom almost a decade ago, with large deficits, increasing debt, falling revenue, and a rapidly growing salary bill. The COVID-19 pandemic has made things worse by depressing revenue. But the recently released 2021 Final Budget Outcome cont...

PAPUA New Guinea’s economy has weathered the Coronavirus (Covid-19) pandemic well despite many challenges, according to Treasurer Ian Ling-Stuckey. Ling-Stuckey said according to the International Monetary Fund (IMF), “PNG economy is expected to grow from K79.4 billion in 2018 to K109.3 billion in 2022”. “The increase over the last two years of K23....

Photo credit: Fabien Forget, ISSF Papua New Guinea has told the United States – the biggest importer of fresh Pacific tuna – that it wants to get away from the export of raw tuna and now move into downstream processing. Prime Minister James Marape said he made this known to US vice -president Kamala Harris at the 51st Pacific Islands Forum (PIF) sum...

Appreciating farming as a sustainable and viable business practice is the message from PNG Agriculture Company’s PNG Agbook who are partners with the UNCDF in the EU Funded Joint STREIT PNG Programme. PNG Agbook working with the PNG Cocoa Board, organized two sets of trainings for rural farmers in the Sepik region of Papua New Guinea. A total of 23 far...

EU-STREIT PNG preparing to install micro grid solar panels in selected public facilities to support cocoa, vanilla and fisheries entrepreneurs as well as livelihoods of rural communities. To create an enabling environment for cocoa, vanilla and fisheries entrepreneurs and to generate real possibility for economic growth that will enhance the livelihood...

To create an enabling environment including farm-to-market roads to support cocoa, vanilla and fisheries farmers in the Greater Sepik Region, the ILO under EU Funded UN Joint STREIT PNG Programme, has recently engaged three local contractors to commence rehabilitation and specific maintenance of four farm-to-market access roads totalling 52.1 km in the Se...

In addition to other topics, Papua New Guinea will speak at the second United Nations Oceans Conference in Lisbon, Portugal, about the recently authorised Global Climate Fund component. Other issues PNG will bring up include the passing and implementation of maritime transportation legislation, particularly the usage of the Jomard Passage by large vess...

In a bid to enable farmers to put into practice skills acquired during capacity-building trainings, the EU Funded UN Joint STREIT PNG Programme has started distributing tools and materials that will enable rural communities to improve their husbandry practices in cocoa and vanilla blocks. This intervention which started in May has so far distributed to...

EU Funded UN Joint STREIT PNG Programme, as part of its mission to support efforts towards reducing rural poverty, is engaging local communities with a focus on struggling single parents as a support workforcefor maintenance of 18 selected farm-to-market roads in the Sepik region. Led by the International Labour Organization (ILO), the creation of thes...

A group from the National Fisheries Authority is in General Santos, Philippines, led by board chairman Ango Wangatau, to exchange and gain fisheries expertise and experiences in this region. General Santos is renowned as the Philippines' "Tuna" city capital, and visiting this region provides delegates with first-hand information and improved ideas for ...

Photo credit: ABG Celebrations began as early as 5am in the Autonomous Region of Bougainville as the region marked its 17th anniversary since the establishment of the Autonomous Bougainville Government. Seventeen years ago on 15 June 2005, the members of the first Bougainville House of Representatives were sworn in under the leadership of the first ...

Photo credit: NFA The National Fisheries Authority (NFA) is focusing on Food Safety, COVID-19, and Pandemic Control Frameworks due to a considerable shift in global trading market requirements. Acting Manager for the Audit Certification Unit, Josephine Komboi, NFA, highlighted the importance of developing the National Fish and Fishery Products Stand...

Photo credit: Islands Business Although the economy has diversified, agriculture remains the backbone of Papua New Guinea's economy, providing a living for the majority of the people, according to Institute of National Affairs (INA) executive director Paul Barker. Agriculture, according to Barker, will be critical in securing PNG's economic and empl...

Photo credit: PNG Chamber of Mines and Petroleum Twenty employees from St Barbara Limited’s Simberi Operations observed the World Environment Day by planting more than 200 mangrove shoots (young trees) at Pikinur along the airport runway at Simberi, New Ireland Province. Led by the General Manager, Randy McMahon and the Environment team, the employe...

Photo: Chinese Foreign Minister Wang Yi and PM Marape Prime Minister Hon. James Marape says Papua New Guinea is focused on strengthening economic relationships with China, particularly in downstream processing of raw materials for export. He said this on Friday (June 3 2022) after a meeting with Chinese Foreign Minister, His Excellency Wang Yi, the ...

Prime Minister Hon. James Marape has welcomed the outcome of talks between Chinese State Councillor and Foreign Minister His Excellency Wang Yi and Papua New Guinea Foreign Affairs Minister Hon. Soroi Eoe in Port Moresby on Friday (June 3 2022). The talks follow on from the visit by PM Marape to China in February this year where he held discussions wit...

Photo:  EU-STREIT PNG Programme, in its ongoing efforts to build the capacity of rural entrepreneurs and business activities and to create linkages of value chain actors with the public and private sector in the Sepik Region, supports the formation of a Greater Sepik Secretariat Forum. With the backing of the EU Funded UN Joint STREIT PNG Programme,...

Photo credit: Rocky Roe - PM Marape addresses the forum Prime Minister James Marape claims that Papua New Guinea is a good location to invest. The Prime Minister recently spoke at the 37th Australia-Papua New Guinea Business Forum and Trade Expo in Brisbane. “To attract and lock in investments, we are opening up special economic zones that offer ...