Prime Minister Hon. James Marape has announced that the forestry sector has enacted two new laws to ensure the country gets maximum value from its forestry resources. The laws, relating to the State Marketing Agency (SMA) and Purchase Option (PO), are among a number of initiatives that the PNG National Forestry Authority has undertaken during the last ...

The Mineral Resources Authority (MRA) has announced that it would donate K200,000.00 worth of relief supplies to the people of Yambale Village who have been affected by the landslide. Yambale village in the Maip-Mulitaka Rural Local Level Government in the Porgera-Paiela electorate, was affected out by landslide on May 24, 2024. The MRA has already ...

The Minister for International Trade and Investment, Hon. Richard Maru visited the Cocoland Sugar Development Project in Abau, Central Province recently. He was received by the Chairman of the company- Yaosoeng Sugar and Cane Consultant Company, Mr. Prapat Jenlapwattanakul and his team, the landowners, leaders of the community, and the people of Cocolands...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE), on behalf of PNG’s resources sector, has initiated a relief appeal for communities in the Porgera Paiela District, Enga Province. This follows a landslide in the early hours of Friday May 24, 2024, which is believed to have buried more than 600 people, and affected close to 8,000 people...

St Barbara Limited has provided an important update on its gold production outlook from the Simberi Operations for Q4 June FY24. The Company has also revised its full-year production guidance due to ongoing challenges with equipment, fuel supplies, and air transport services resulting from inadequate availability of foreign currency affecting Simberi’s in...

The State Team involved in the Porgera Mining Project Community Development Agreement (CDA) negotiations, has given an indefinite time off to the parties to the CDA, to review and comment on the draft CDA document, before negotiations resume. The draft CDA document contains the various landowner and stakeholder benefits that are expected out of the new...

Prime Minister Hon. James Marape made a visit to the landslide-affected area of Maip-Mulitaka LLG in Porgera-Paiela, Enga, on Friday, May 31, 2024. Accompanied by Enga Governor Hon. Sir Peter Ipatas, Defence Minister Hon. Billy Joseph, and Hela Governor Hon. Philip Undialu, the Prime Minister met and talked to people affected by the May 24 disaster in ...

Maritime veteran Gerard Kasnari has taken over the leadership of marine services market leader, Pacific Towing (PacTow).  Previously, PacTow’s Marine Operations Manager and ‘2IC’ for nearly a decade, Kasnari’s new role of ‘Manager Pacific Towing’ has him overseeing the day-to-day operations of the business. With nearly 40 years’ experience in PNG’s mar...

To strengthen sustainable tourism development across the Pacific region, the South Pacific Tourism Organisation (SPTO) joined with the Papua New Guinea Tourism Promotion Authority (PNGTPA) for a pivotal collaboration. The highlight of this partnership was a weeklong in-country workshop held May 13 to 17, focusing on data initiatives and the Digital Mea...

The Papua New Guinea Tourism Promotion Authority (TPA) recently highlighted PNG tourism at the South Pacific Tourism Exchange (SPTE) held from May 4 to 5 in Nadi, Fiji. With a team of eight TPA representatives in attendance, the event aimed to support tourism connections and spotlight PNG's diverse attractions to a global audience. Organised by the ...

Joint Venture Port Services (JVPS) is proud to announce it has been awarded the ‘Employer of Apprentices’ certificate by the National Apprenticeship and Trade Testing Board (NATTB). This notable certificate signifies JVPS’s commitment to developing the next generation of skilled professionals within the critical heavy machinery and equipment industry. ...

Kumul Petroleum Holdings has organised more shipments of fuel, including vital Jet A1 to alleviate the current shortages experienced by the country. Kumul Petroleum managing director, Wapu Sonk, advised,” We are aware that current fuel importers are unable to meet the demand for fuel, particularly the Jet A1 used by the aviation industry, and once agai...

Prime Minister Hon. James Marape on Friday, May 24, 2024, launched the Madang Provincial Integrated Development Plan 2023-2027 in Madang Province. This marks the first drafted and approved development plan for Madang Province in over 20 years. Madang Governor, Hon. Ramsy Pariwa, made the announcement at a significant ceremony held at Bates Oval in Mada...

Prime Minister James Marape has announced an K18 million funding from the National Government to the Middle-Ramu District to construct the missing link Madang-Baiyer Road. The road will connect Madang and Baiyer in the Western Highlands Province and will serve as a short and alternate route to connecting the seven Highlands provinces. Prime Minister...

Hela Province Governor Philip Undialu has congratulated the Mineral Resources Development Company (MRDC) and Department of Petroleum for facilitating the opening of Hides Petroleum Development License 1 (PDL1) Bank Accounts Opening in Hela Province, Papua New Guinea. Governor Undialu commended this monumental achievement, saying: "I am pleased to see l...

The Mineral Resources Development Company (MRDC) spearheaded the launch and facilitation of the Petroleum Development License 1 (PDL1) Clan Bank Account Opening for the landowning communities of the PNG LNG project in Hides, Nogoli, Hela Province on May 21. This account opening process enables the clans to access their rightful royalty and equity entit...

Mining Minister Hon. Muguwa Dilu has inaugurated the Community Development Agreement (CDA) negotiations for the Porgera Mining Project in Porgera, Enga Province.   The CDA process, which commenced on May 20 in Wabag, marks a pivotal juncture where landowners and stakeholders will deliberate on the benefits stemming from the Porgera Project. Minis...

BSP Life PNG Limited has placed utmost importance on its people development and empowerment, since its inception in 2018. In a recent celebration of excellence and outstanding achievements, BSP Life honored its top-performing Insurance Advisors for 2023. Maryanne Loia, Sandra Kase, and Malele Silikara, representing the Boroko Sales Unit, stood among th...

PNG already has a gold refinery, national mint and national bank says Anthony Smaré, President of PNG Chamber of Resources & Energy (PNGCORE) so PNG does not need to go to a tiny Singaporean company Refinery Holdings Pte Ltd to replace them in a deal which could render catastrophic damage to the PNG economy and financial system. PNG has had its own...

The Papua New Guinea Chamber of Resources and Energy (PNG CORE) has reiterated its stand in support of building a refinery in the country that the state must build through Kumul Minerals Holdings Limited. Kumul Minerals has the financial and technical capacity to undertake gold refining in PNG, the Chamber said in a statement. Anthony Smaré, PNG COR...

The Bank of Papua New Guinea (BPNG) welcomed a distinguished ministerial delegation from New Zealand to discuss the progress and initiatives of the Green Finance Centre (GFC) in the context of climate resilience in Papua New Guinea. The meeting, held on May 13, 2024, underscored the pivotal role of green finance in addressing climate change challenges ...

Papua New Guinea DataCo and Oracle have signed a memorandum of understanding to advance the country’s critical digital infrastructure and to introduce world-class cloud infrastructure through the Oracle Alloy product. The MOU was signed on May 10th in Port Moresby as Information and Communication technology Minister Timothy Masiu welcomed Oracle Corpor...

Recognizing the paramount importance of human rights, both for Papua New Guineans and those engaging in business, investment, and other activities within the country, the PNG Government, through the Department of Justice & Attorney General (DJAG), is spearheading efforts to establish a National Human Rights Institution (NHRI). With financial backin...

The Internal Revenue Commission (IRC) unveiled its revamped debt allotment letters, signaling a significant step towards clearer communication with taxpayers and tax agents. This is in line with IRC’s desire to communicate with taxpayers and tax agents through one of their projects part of the broader Taxpayer Services Strategy to foster voluntary comp...