Search Results: fish

Government agencies, humanitarian organizations and development partners have reviewed and endorsed proposed actions under Papua New Guinea’s El Niño Plan of Action for Agricultural Drought 2026-27, as the country prepares for potentially worsening climate-related impacts on food production and rural livelihoods. The national consultation workshop was ...

Papua New Guinea and Solomon Islands are seeking to deepen economic cooperation, increase cross-border investment and develop stronger business-to-business partnerships as the two Melanesian neighbours work to translate longstanding political ties into economic gains. PNG Prime Minister James Marape made the call during the inaugural Papua New Guinea-S...

Prime Minister James Marape will travel to Honiara this week for the inaugural Papua New Guinea-Solomon Islands Investment Conference, seeking to translate the two countries' longstanding political and cultural ties into greater trade, investment and employment opportunities. The conference will be held at Heritage Park Hotel on Aug. 19-20 under the th...

The Joint Supervisory Body (JSB) has endorsed the transfer of key revenue-raising powers from the Papua New Guinea National Government to the Autonomous Bougainville Government (ABG), with revenues generated from fisheries, mining, forestry, land and other relevant taxes to be handed over by 31 December 2026. The resolution was adopted during the JSB m...

The New Ireland Provincial Government has committed K1 million to a new partnership with the Fresh Produce Development Authority (FPDA), aiming to transform agriculture into a stronger economic driver while improving food security and increasing household incomes across the province. The investment is part of a three-year Memorandum of Understanding (M...

Papua New Guinea's economy is expected to grow faster than the global average this year, supported by both its resource and non-resource sectors, according to the latest Westpac PNG Economic Update and Outlook, which Prime Minister James Marape said validates the government's economic reforms. Westpac forecasts Papua New Guinea's real gross domestic pr...

The Autonomous Region of Bougainville is seeking national government support to establish a Special Economic Zone (SEZ), with International Trade and Investment Minister Richard Maru backing plans to advance the proposed Soraken Integrated Special Economic Zone. Bougainville Regional Member and Works and Highways Minister Peter Tsiamalili met with Maru...

Papua New Guinea is moving ahead with the rollout of the proposed Madang Integrated Special Economic Zone (MISEZ), with government approval for a joint venture between the state and RD Tuna Canners Ltd expected within the next two weeks. The proposed joint venture, involving Kumul Consolidated Holdings on behalf of the state and RD Tuna Canners Ltd, is...

Steamships Ship Management (SSM) is pleased to announce the signing of a Memorandum of  Understanding (MOU) with Tetra Tech Development Pty Ltd, delivery partner of the Australia  Awards PNG Program, reaffirming a long-standing commitment to creating maritime career  pathways for Papua New Guinean (PNG) women.  The agreement supports the continuation o...

Papua New Guinea and Solomon Islands have reaffirmed their commitment to strengthening economic cooperation, with trade, investment, transport and resource development taking centre stage during talks between Prime Minister James Marape and Solomon Islands Prime Minister Jeremiah Manele. The discussions, held in Port Moresby in June, reviewed progress ...

The New Ireland Development Corporation (NIDC) is stepping up efforts to attract strategic investment and forge new partnerships as part of a broader strategy to drive economic growth, create jobs and expand commercial opportunities across New Ireland Province. New Ireland Governor Byron Chan said the corporation is beginning to deliver on its renewed ...

The New Ireland Provincial Government (NIPG) in Papua New Guinea has unveiled a record revised budget of K499.57 million, placing infrastructure investment, economic diversification and greater provincial self-reliance at the centre of its development agenda. Presenting the revised budget to the New Ireland Assembly on 22 July, Provincial Governor Byro...

Ok Tedi Mining Limited (Ok Tedi) has reached a major milestone in its Growth 2050 Strategy with the submission of the Environmental and Social Impact Assessment (ESIA) report for the proposed Tailings Storage Facility (TSF) at Ok Birim to the Papua New Guinea government — a transformational project designed to significantly reduce downstream impacts assoc...

Three premium agricultural products from Papua New Guinea's Sepik region have become the country's first officially validated Geographical Indications (GI), a development expected to strengthen export competitiveness, increase farmer incomes and enhance the international market value of PNG-grown cocoa and vanilla. The products – Misim Vanilla, Torrice...

The Food and Agriculture Organization of the United Nations (FAO) in Papua New Guinea and the Embassy of the People's Republic of China have reaffirmed the importance of agriculture as a cornerstone of Papua New Guinea's economic and social development following high-level discussions in Port Moresby. FAO PNG Head of Office, Kachen Wongsathapornchai, m...

The upstream and downstream operators of the Papua LNG Project have been issued amended environmental permits by the Conservation and Environment Protection Authority (CEPA), following more than seven months of consultation between the regulator and project operators. The amended permits were presented on May 29, 2026, following extensive discussions i...

Papua New Guinea Prime Minister James Marape used a video address to the 41st Australia Papua New Guinea Business Forum & Trade Expo in Brisbane to reassure investors of the government's commitment to business, economic reform and long-term growth, while urging companies to look beyond the country's traditional mining and petroleum sectors. Unable ...

France has reaffirmed its long-term economic, environmental and security commitment to the Pacific, outlining major investments and regional partnerships aimed at strengthening ocean governance, fisheries protection and the blue economy during the opening of the Melanesian Ocean Summit, held from May 11-14 in Port Moresby. Speaking at APEC Haus on May ...