Prime Minister Hon. James Marape recently praised the economic opportunities the Papua LNG Project and the Wildebeest LNG Project are set to bring, as both natural gas projects underline the potential for business growth and development in the region. PM Marape called on the residents of Gulf Province to prepare to supply goods and services to the fort...

With a focus on infrastructure development and a rising middle-class market, including Small and Medium Enterprises (SMEs), Papua New Guinea presents a promising landscape for investors. PNG’s abundant natural resources in mining, oil and gas, forestry, fisheries, and agriculture further enhance its appeal. From coffee and cocoa to vanilla and local pr...

The Papua New Guinea (PNG) National Government and the Autonomous Bougainville Government (ABG) convened for the Joint Supervisory Body (JSB) meeting to address critical matters concerning the ratification and consequences of the Bougainville referendum. Prime Minister Hon. James Marape and ABG President His Excellency Ishmael Toroama co-chaired the me...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) recently welcomed two esteemed entities, Great Pacific Gold and Southern Cross Assurance Limited (SCAL), into its dynamic network. Great Pacific Gold joins PNG CORE following its recent amalgamation agreement with Tinga Valley Copper & Gold Corp. to acquire a highly prospective PNG c...

The historical ties between Papua New Guinea and Australia run deep, rooted in shared experiences and mutual support. On April 25th, Australian Prime Minister Anthony Albanese and PNG Prime Minister Hon. James Marape embarked on an historic 2-day walk to commemorate ANZAC Day, symbolizing the enduring strength of the relationship. “May the Spirit of AN...

As the global community faces the inevitability of climate change, it becomes imperative for nations and businesses alike to prepare for the ensuing transitions. Papua New Guinea is thus actively addressing the challenges climate change poses, particularly in the realm of sustainable transportation. “It is mandatory upon us to take bold and precise act...

Papua New Guinea Prime Minister Hon. James Marape has emphasized his intention to engage in discussions with Japanese Prime Minister Hon. Fumio Kishida regarding the Papua LNG project. During a recent presentation on April 30th, Prime Minister Marape expressed his desire to formally extend invitations to Japanese contractors for bidding on the construc...

Mining Minister Honourable Muguwa Dilu, has urged all landowners, impacted communities and stakeholders of the Porgera Mining Project, to fast-track the Community Development Agreement (CDA) process so that they could start receiving benefits. The Minister was speaking in Tari on Friday April 26, where he addressed the Hides-Porgera Power Line landowne...

Ok Tedi Mining Limited (OTML) yesterday, presented a dummy cheque of K100,000.00 to the Mineral Resources Authority (MRA), to consolidate its position as a Major ‘Gold’ Sponsor of the MRA organized Geoscience, Exploration & Extraction (GEE) Conference 2024. The conference will be held on August 7-9, 2024, at the APEC Haus, Port Moresby. This is the...

The Autonomous Bougainville Government has announced its intentions to collaborate with foreign investors, particularly from China, to pursue key development projects in the region. This decision comes amid growing interest from Chinese companies to invest in Bougainville's infrastructure and economy. ABG Vice President and Minister for Commerce, Trade...

Prime Minister Hon. James Marape has acknowledged the World Bank for highlighting important steps to be taken by the Papua New Guinea Government to grow its economy during a high-level seminar in Mt Hagen, Western Highlands, on Tuesday, April 30, 2024. He made the acknowledgment when closing the seminar on ‘Doubling the PNG Economy Within a Decade to C...

NiuDeck from PNG Forest Products is a purpose designed and engineered heavy plywood decking system that provides a long-lasting, cost-effective solution for bridge re-decking and widening. Quick and easy to install, NiuDeck’s durability and longevity are further enhanced with the application of a bitumen surface. For situations requiring a whole new br...

The PNG Chamber of Resources & Energy (PNG CORE) is excited to announce the inaugural PNG Resources Week, scheduled from July 1st to 4th, 2024. This event will unite all stakeholders in PNG through a series of activities: The second PNG National Community Affairs and National Content Conference & Expo (CANCONEX) will span from July 1st to...

Ok Tedi Mining Limited (OTML) recently renewed its Special Mining Lease (SML) 1 (0), gaining an additional 20-year lease term from 2022 to 2042. This is the second SML 1 (0) lease term extension for OTML. During the momentous event on 23th April, the Minister for Mining, Hon. Muguwa Dilu, encapsulated the rich history, significant achievements, and ...

Papua New Guinea Minister of Tourism, Arts and Culture, Hon. Isi Henry Leonard recently welcomed distinguished guests from China, PNG, and stakeholders for the first China Ready Workshop held on the 25th April at APEC House-Port Moresby. “Your presence here signifies our vision for a vibrant future in tourism and business between Port Moresby-PNG and C...

Port Moresby Chamber of Commerce and Industry Inc. (POMCCI) recently hosted the Price Waterhouse Coopers (PwC) PNG 3rd Family Business Survey (FBS), presented by Michael Collins Entrepreneurial and Private Business (EPB). The survey shed light on the dynamics of family businesses, their challenges, and strategies for building trust and sustainability. ...

ABG Acting Chief Secretary Kearnneth Nanei and the Managing Director of the Investment Promotion Authority (IPA), Clarence Hoot, met recently in Buka to discuss key priorities for the economic sector on Bougainville. Mr Nanei said this meeting was following an invitation from the ABG to discuss and consult on ABG's immediate intervention program to anc...

The Minister for International Trade and Investment, Hon. Richard Maru whilst officially launching the Lihir Investment Fund (LIF) in Lihir, New Ireland Province, challenged the current generation of Lihir to think of the next generation post mine closure. Minister Maru said: “I have a fear that when all the gold in Lihir runs out, Lihir will become ju...

China is fast becoming Papua New Guinea’s most important trading partner, says the Minister for International Trade and Investment, Hon. Richard Maru. Minister Maru made this statement after his two-hour meeting with the Chinese Deputy Minister of Commerce, Mr. Tang Wenhong in Port Moresby recently. “We are determined to grow and deepen our relationshi...

The Minister for International Trade and Investment, Hon. Richard Maru in his bilateral meeting with the New Zealand Minister for Agriculture, Hunting and Fishing, Forestry, and Trade, Hon. Todd McClay in Auckland, said Papua New Guinea (PNG) and New Zealand needed to reset their relationship. Minister Maru proposed to Minister McClay that Governments of ...

AgResearch is keen and ready to partner the National Agriculture Research Institute (NARI) of Papua New Guinea (PNG) to help develop the agriculture sector of PNG. AgResearch is one the seven Crown Research Institutes in New Zealand responsible for delivering innovative science and research outcomes specifically for the agricultural sector. In their meeti...

Wantok Produce Managing Director, Dr. Pulotu Lautofa McCarthy is calling on the Government of Papua New Guinea (PNG) to seriously give priority to direct flights between PNG and New Zealand. Dr. McCarthy made this call when the Minister for International Trade and Investment, Hon. Richard Maru met with PNG diaspora and students in Auckland recently. Wa...

The Tainui Group Holdings which an indigenous-led business in New Zealand is keen to explore investment opportunities in Papua New Guinea (PNG). They expressed their interest to the Minister for International Trade and Investment, Hon. Richard Maru who met with their management team in Hamilton, New Zealand. In 1995, the Government of New Zealand compe...

Prime Minister and Treasurer Hon. James Marape has welcomed Mayur Resources Ltd securing funding of US$155 million (K540 million) to complete the Central Lime Project (CLP) at Kido in Central Province. He made the welcome recently after Mayur announced to the Australian Stock Exchange (ASX) that it has secured the funding to complete Papua New Guinea’s...