Minister for International Trade and Investment, Hon. Richard Maru urged his Department Head and Agency Heads to deliver results this year. Minister Maru made this statement in a meeting recently with the heads of Department of International Trade and Investment, National Trade Office, Special Economic Zone Authority, and the Securities Commission of Papu...

Mining Minister Honourable Muguwa Dilu, recently said delivering Porgera and Wafi Golpu projects, and progressing Freda River were amongst the government’s key priorities under his leadership. The Minister outlined his priorities during the hand-over-take-over ceremony of the Mining Ministry between him and his predecessor Hon Sir Ano Pala. He said ...

Out-going Mining Minister Honourable Sir Ano Pala, officially handed over the Mining Ministry to the new Mining Minister Honourable Muguwa Dilu recently, during a ‘hand-over-take-over’ ceremony. Hon Dilu was appointed as the Mining Minister in a cabinet reshuffle last week, that saw his predecessor Sir Ano, appointed as the National Planning & Moni...

New Porgera Limited (NPL) is pleased to announce that the restart of Porgera is progressing well and is on track. First gold production is expected to be achieved in Q1 2024, as planned, subject to the Highlands Highway continuing to remain open and no further vandalism of project infrastructure.  NPL General Manager, Chad Coulin, acknowledged the tremend...

The Asian Development Bank (ADB) welcomes a new framework for public–private partnerships (PPPs) in Papua New Guinea (PNG) aimed at unlocking private investment and know-how, and allowing PNG to expand and improve infrastructure service delivery. The new framework was developed with the support of ADB’s Pacific Private Sector Development Initiative (PS...

The Credit Guarantee Corporation Limited (CGC) is pleased to announce the signing of groundbreaking agreements with ten leading financial institutions in the country aimed at providing critical credit guarantees to support small and medium-sized enterprises (SMEs) in Papua New Guinea (PNG). These landmark agreements reinforces CGC’s commitment to bolst...

Bank South Pacific Chief Executive Officer, Mark Robinson, expressed his enthusiasm for the economic potential of Papua New Guinea over the next decade. During a meeting held on Tuesday, January 23, 2024, Robinson conveyed his confidence in the country’s trajectory to Prime Minister and Treasurer Hon. James Marape. Prime Minister Marape highlighted the...

In a significant diplomatic engagement, Prime Minister and Treasurer Hon. James Marape underscored the pivotal role of Malaysia as a “very important” bilateral partner for Papua New Guinea (PNG). The statement was made during the welcoming address to the new Malaysian High Commissioner, H.E. Hamizan Hashim, on Tuesday, January 23, 2024. Prime Minister ...

PNG Air regrets to advise our customers and the travelling public as of midnight, due to the implementation of restrictions by our jet aviation fuel supplier across the country, PNG Air scheduled flights are subject to late boarding and slight delays. The disruption of flights will be ongoing until the supply restrictions on jet aviation fuel are uplif...

PNG Air wishes to advise passengers and the traveling public of the bomb threat email that was circulated this morning to certain stakeholders in the aviation industry. As a third party recipient to this email, PNG Air does not compromise on safety and takes this threat seriously. To mitigate this threat, across the PNG Air network, stringent securi...

St Barbara on Tuesday 23 January 2024 released a market announcement on the ASX regarding the progress of its drilling programs at the Simberi mine in New Ireland province. The announcement highlights the following: St Barbara targeting an upgrade at Simberi of 1 Moz from Inferred Mineral Resource to Indicated Mineral Resource 12 resource d...

Mayur Resources Limited is pleased to advise that it has finalised the funding structure with its partners on the Orokolo Bay Mineral Sands project in Gulf Province of PNG having executed a series of legally binding contractual agreements with PT SEA First Nickel Industry (PTSFNI). The executed contractual agreements cover the full funding of the Orokolo ...

For the Central Province, agriculture is at the heart of the economy. Governor Rufina Peter has a background in this field and is well-placed to understand the impact that it can have in the province. This has moved Governor Peter to fund and support two major agriculture impact projects in the Central Province, and funding for them was presented at th...

Ok Tedi Mining Limited (OTML) generated a record K684 million (USD$184 million) for the month of December in 2023, the highest recorded monthly revenue for the year. This result comes off the back of increased production and favourable metals prices, which were above budget for the month. Other factors contributing to the record revenue include strateg...

Steamships Trading Company Limited, through its property division, Pacific Palms Property (PPP), confirms that three of its properties were tragically set on fire last Wednesday. The buildings that house the Stop & Shop North Waigani store and Stop & Shop Rainbow Gerehu have been completely lost in the fires, while the Badili site sustained sev...

For over 100 years Steamships Trading Company has invested and partnered with the people of Papua New Guinea. Despite the destruction experienced heavily in Port Moresby in the past week, Steamships is proud to launch the 2024 Community Grants Programme, opening the application submissions to Papua New Guinean registered (IPA) charities and Non-Governm...

Papua New Guinea is further extending the Visa on Arrival (VOA) facility to passport holders from Micronesian and Polynesian States and Territories to strengthen its relations with Pacific Island States and the Pacific Forum countries, the Chief Migration Officer, Stanis Hulahau has announced recently. This means that passport holders from all Pacific ...

The people of Halia and Haku constituencies in North Bougainville can look forward to transformational change following the launch of the Rural Electrification Program today in Buka. The Program was officially launched today by ABG Vice President and Member for Halia Hon. Patrick Nisira and National Member for North Bougainville Hon. Francesca Semoso, ...

Australia has embarked on a collaborative effort with Papua New Guinea to enhance the nation’s access to reliable renewable energy sources, addressing the growing demand for electrification. According to recent updates from the Australian High Commission in PNG, the partnership involves strategic initiatives aimed at bolstering PNG’s electrification re...

SpaceX’s Starlink has been granted a five-year operator licence by Papua New Guinea’s National Information and Communication Technology Authority (NICTA). This is a significant stride towards bridging the digital gap in the country. This groundbreaking announcement was made by Hon. Timothy Masiu, the Minister of Information and Communications Technology, ...

Prime Minister and Treasurer Hon. James Marape has issued a directive to the Department of Labor and Employment, emphasising the urgent need to address the longstanding minimum wage issue. The directive comes in the wake of a meeting between Prime Minister Marape and Labor and Employment Minister, Hon. Kessy Sawang, where discussions revolved around va...

Prime Minister Hon. James Marape recently underscored the government’s commitment to delivering development for the people of Papua New Guinea, emphasising the responsibility of the six newly-appointed ministers and those reshuffled. The Prime Minister made the six new ministerial appointments and reshuffled Cabinet last Thursday. “My government is ...

Prime Minister and Treasurer Hon. James Marape recently expressed his commitment to thoroughly investigate key issues affecting the country in his capacity as Treasurer. The Prime Minister officially assumed the role of Treasurer following a Cabinet reshuffle announced last Thursday, succeeding Hon. Ian Ling-Stuckey. The Prime Minister looks forward to...

Kumul Petroleum Holdings Limited through its training entity, the Kumul Petroleum Academy (KPA) is expanding its training capacity by building a new training facility next door to its Fabrication Facility, now under construction near the PNG LNG Project Plant site at Caution Bay. As part of its expansion plans, KPHL today signed a ‘Manage and Operate’ agr...