To help with the upcoming 2022 national elections, Prime Minister James Marape said that the government intends to use the biometric voting system. According to him, This same system had been used in different recent elections such as the Goroka Open by-election, the Kupiano ward by-election, Abau, Central, the local level government by-election for the P...

Papua New Guinea’s corporate sector is increasingly embracing gender equality and understanding the importance of women leaders to organisational success and profitability. Never before have so many talented PNG business women been sent on so many leadership courses. However, the extent to which businesses are providing the right environment for their tal...

The ICCC Appointments Committee has recently re-appointed Paulus Ain as the Commissioner and Chief Executive Officer of the Independent Consumer and Competition Commission for the next five years. This was made official by the National Gazette No. G669 of 6th October 2020.Commissioner Ain expressed his gratitude to the government for its decision. He said...

In spite of the pandemic, the petroleum industry continues to be a vital aspect in providing a sustainable future in the PNG. This, according to Petroleum and Energy Department Secretary David Manau, who said that since its first oil production in Kutubu in 1995, the industry continues to thrive. In fact, since 2015, the liquefied natural gas (LNG) has br...

PNGX, Papua New Guinea’s national stock exchange, has recognised JMP Securities Limited (JMP) - which began trading last October 6, 2020 - as a new participating organisation. In a statement, PNGX Chairman David Lawrence, said, “PNGX is very pleased to have JMP Securities joining the market as a new stockbroker. It reflects confidence in the growth opport...

With the support of PNG-Australia Partnership, the Department of Treasury and Asian Development’s Bank (ADB), Private Sector Development Initiative (PSDI), and the Investment Promotion of Authority (IPA) signed a Memorandum of Understanding (MOU) to make doing business together in Papua New Guinea easier and more convenient.Under the MOU, PSDI supports th...

Steamships Limited has a history of supporting the fight against family and sexual violence (FSV) through its pioneer sponsorship of the Coalition for Change, an Advocacy Group that in 2013, successfully lobbied for the introduction of legislation to address FSV. This was a breakthrough, as for a long time FSV was seen as a ‘personal issue’ that needed to...

Pacific Towing (PacTow) has nearly 40 years’ salvage experience in not only its home country of Papua New Guinea but in the waterways of many countries in Oceania and South East Asia. Whether working in partnership with international operators, or individually, PacTow has considerable open ocean, coastal and also river and estuary salvage expertise and ca...

Father of four and midwife at Susu Mamas Clinic in Lae, Simon Amos, is proud to be providing maternal and child care to mothers and babies in PNG's second-largest city.After working as a nursing officer for 10 years, Simon was inspired by a tragic personal experience to pursue midwifery studies and support better health outcomes.“My niece went into labour...

A strategic partnership aims to provide affordable medical access to members of Papua New Guinea’s leading superannuation provider, Nasfund.Through the PIH-Nasfund Healthcare Partnership, active nasfund contributors, and their beneficiaries can take advantage of discounts at the PIH Clinics in NCD, as well as the Lae International Hospital in Morobe provi...

Starting October 2020 all coffee exports will only be facilitated through the use of the Coffee Industry Corporations (CICs) new online export management system.This is in line with the CIC’s strategic focus on moving towards digitalization by processing and documenting coffee exports from Lae and other authorized ports using the new online Coffee Export ...

Survival is the first primary focus of businesses following prolonged lockdowns and ‘new normal’ brought on by the global Covid-19 pandemic that has impacted everybody worldwide. This was the crux of the message from acting CEO of PNG Air, Mr Anthony Pereira during a recent interview with PNG Business News at their 7 Mile head office, in Port Moresby. Whi...

In the last quarter of 2019, PNG Air provided the Aviation Industry with a crucial Media Release: the company received approval from the European Aviation Safety Agency (EASA).EASA has the pivotal role of carrying out certifications, regulations and standardisations while also performing investigations and monitoring. It also works on an international sca...

At James Cook University Brisbane, we try to instil a real community spirit into our students, embracing cultures from all over the globe and celebrating diversity. A recurring theme with our international students is the desire to inspire others from their home country. One student who has taken this to new levels is Michelle Numambo Joseph who has turne...

A group of Certificate IV in Business students from Papua New Guinea who have limited computer experience are revelling in the challenge of online learning in the wake of COVID-19.The 10 students, who arrived in Rockhampton to study Business and English with CQUni in March, are just some of the thousands of students who are now studying online because of ...

East West Transport (EWT) continues to expand its fleet and secure additional ISO accreditations despite the challenges and uncertainties of PNG’s current business environment. One of the country’s largest logistics companies, EWT deployed 14 brand new fuel trucks to Lae, Wewak and Madang in September to service the extension of its five-year contract wit...

Ark Pacific is celebrating 10+ years of delivering all kinds of fit-for-purpose modular buildings throughout Papua New Guinea. Specialising in camp accommodation and office complexes for the resource sector, the company has a reputation for successfully delivering their projects no matter how challenging the building scope or remote the location.Ark’s mod...

Does it make Economic Sense for PNG to Continue Imposing this Windfall Tax on Oil and Gas Projects?(a) IntroductionPNG has been applying the Additional Profit Tax (APT) since it was first introduced on Mining Projects namely OK Tedi and Pangua Mines. When oil development commenced in the early 1990s APT was applied on the first oil project – Kutubu in 199...

PNG is just ripe for new developments. With six multi-million projects valued at K133 billion in the pipeline, the country is just waiting for approval from the government.According to Prime Minister James Marape, the government has been in careful consideration with project developers so that the State and the landowners can have their “fair share''.”“Fo...

The world’s largest shipping group, China Ocean Shipping Company (COSCO) has partnered with the PNG Ports Corporation Limited to expand its services across PNG with bi-monthly vessel calls through Inchcape Shipping Services as its local PNG agents.Its maiden voyage was the container ship. Hansa Cloppenburg, soon to be followed by Tokyo Trader on October 2...

In spite of the pandemic, the assets of the Petroleum Resources Kutubu has grown from K400 million in 2008 to K2.3 billion. This was revealed by Mineral Resources Development Company (MDRC) Managing Director Augustine Mano at Aiyo Primary School, Kutubu, Southern Highlands Province who said that this growth was part of his commitment to the Fasu landowner...

During the handover ceremony of Petroleum Minster Kerenga Kua to Energy Minister William Onglo, the former chided the latter that at this point in time, there should be a department created for the energy sector. “For Papua New Guinea’s quest for development, (we should start) by making energy a standalone department, with its own dedicated minister, w...

In a market survey participated by business leaders, more than 60 per cent have shown that they are not going to lay off employees during this time, according to the PNG Business Council. Executive Director Douveri Henao said that this is a good sign and that companies are now employing measures such as using a skeletal workforce and reduction of work hou...

The tourism industry of PNG is looking up. According to Treasurer Ian Ling-Stuckey, the government has pointed out stimulus funds to help the tourism industry. He didn’t say the amount but added that the budget for tourism was overlooked. In a statement during the handover ceremony of the tourism ministry to incoming Walter Schnaubelt from outgoing Emil T...