Photo: Minister Leonard discussing importance of Sports Tourism during a meeting with Australian Rugby League senior executives Minister for Tourism, Arts and Culture Hon. Isi Henry Leonard is impressed about the initiatives taken by PNG Tourism and Promotion Authority (PNGTPA) to help promote Papua New Guinea as a tourist destination. PNGTPA in...
Photo: Minister for Tourism Arts and Culture Hon. Isi Leonard, Australian NRL player Justin Olam and CEO of the PNG Tourism Promotion Authority Eric Uvovo Papua New Guinea rugby league icon and Australian NRL Melbourne Storms star centre Justin Olam is officially the PNG Tourism Promotion Authority’ s tourism brand ambassador. The formal announcemen...
Photo credit: Australia Papua New Guinea Business Council Hon. Richard Maru, Minister for International Trade and Investment, in his keynote address on the 16th of May at the 38th PNG-Australia Business Forum and Trade Expo at Hilton Hotel Port Moresby, said Papua New Guinea's trade was always in favor towards Australia. “For the last 47 years, trad...
United States President Joe Biden has canceled his visit to Papua New Guinea, citing the need to focus on debt limit talks in Washington. While security arrangements for other leaders, including India's Prime Minister Narendra Modi, were already in place, Biden's visit has been called off. He was scheduled to arrive in Port Moresby on Monday afternoon, si...
Photo: (L-R) President Anthony Smaré – PNG Chamber of Mines and Petroleum, Paul Hueper – Director of Energy and Mineral Programs for the Bureau of Energy Resources, US Department of State with his colleagues on the right, and MRA’s Managing Director Jerry Garry (centre) at the Prospectors & Developers Association of Canada (PDAC) in Toronto, Canada ea...
Photo: Students from Tabubil International School with OTML Safety Mascots PITA and SES after a Road Safety Awareness. Ok Tedi Mining Limited (OTML) staged a week-long awareness campaign in all its operational sites, of Fubilan/Folomian, Tabubil, Kiunga, Bige and Port Moresby focusing on ‘Light Vehicles and Mobile Equipment Safety’ during its National ...
Photo: Prime Minister Hon. James Marape, speaking during the recent PNG Special Economic Zone (SEZ) Summit 2023. Photo credits: International Trade and Investment Ministry of PNG Ways to increase competitiveness through global best practices and drive economic growth were the main high in Papua New Guinea's Special Economic Zones (SEZs) Summit as well ...
Geopolitics in the Indo-Pacific region Looking at the Indo-Pacific region, observers came to realise that creating ties to it was quite a significant bilateral topic for developed democracies before Russia invaded Ukraine. Suddenly, these global economies shifted preferences and drew all their attention back to Europe. Within this period when concen...
Photo credit: Post Courier The National Trade Office (NTO) has recently unveiled Papua New Guinea's inaugural National Trade Portal and the Export Readiness Assessment Guidebook, which have garnered significant praise as vital resources for accessing trade information. These initiatives aim to provide small and medium enterprises (SMEs), traders, and ...
Prime Minister James Marape recently announced that the Foreign Affairs Minister, the Honorable Justin Tkatchenko has stepped aside from his Ministerial portfolio with immediate effect. This followed public uproar after a tiktok video from his daughter Savannah Tkatchenko was circulated widely on social media. The Minister’s defense of his daughter dre...
Photo: PM Marape and Acting Minister for Commerce and Industry Hon. Soroi Eoe with the National Gold Bullion Policy 2023.-PM’s Office Media Prime Minister Hon. James Marape says the landmark National Gold Bullion Policy 2023 complements his Government’s vision to fully industrialise the economy. He said this on May 12, 2023 when launching the compre...
Photo: PM Marape meeting with the Korean delegation on Friday.-PM’s Office Media Prime Minister and Acting Foreign Affairs Minister Hon. James Marape says relations between Republic of Korea and Papua New Guinea are “very important”. He said this was exemplified by trade between the two countries worth worth US$1.8 billion (K6.33 billion) in 2022, a...
Photo: PM Marape in discussions with Indian High Commissioner to PNG H.E. Imbasekar Sundaramurhti and Chief Liaison Officer H.E. Visvas Sapkal.-PM’s Office Media Prime Minister and Acting Foreign Affairs Minister Hon. James Marape says Papua New Guinea is ready to host Indian Prime Minister Hon. Narendra Modi from May 21-22. He said this after a hig...
After years of neglect, the Central Governor's office of Central Province has been renovated under the leadership of Central Governor Honorable Rufina Peter. The inauguration took place on May 5th, 2023, at the Central Provincial Government office in Konedobu. "When I first took office, the two places that I inspected were the Governors office of Centr...
ExxonMobil has appointed Tera Shandro, currently Senior Opportunity Evaluation Advisor to the ExxonMobil CEO & Management Committee, as its new Chairperson and Managing Director at ExxonMobil PNG Limited. Shandro takes over from outgoing Chairman and Managing Director, Peter Larden, who will become the Senior Upstream & Low Carbon Solutions Adv...
Photo: Mrs Iarume with RJI Manager Pat Niuni at the Aumbi lodge. In a district, so fragmented by lawlessness and an absence of government service and community leadership, few individual leaders in Porgera who have been on the ground trying to maintain hope for the people are now feeling that glimmer of hope begin to diminish as community and local sta...
Photo from left to right: Luke Liria (KPHL), Richard Kassman (TotalEnergies), Wapu Sonk (KPHL), Jean Marc Noiray (TotalEnergies), Marie-Alix Dognin (Total Energies), Evan Shellshear (UBIDY). Credit: Kumul Petroleum Holdings Limited To increase job opportunities for Papua New Guineans, the country's national petroleum frontrunner Kumul Petroleum Holding...
Photo: PM Marape with International Trade and Investment Minister Hon. Richard Maru and Vice-Minister Hon. Kessy Sawang at the launch of the SEZ Summit on Sunday night.-PM’s Office Media Prime Minister Hon. James Marape says “a sustainable economy is a diversified economy”. He said this on Sunday (May 7, 2023) night when opening the three-day Papua ...
The Global Dialogue on Seafood Traceability (GDST) announced on the 18th of April 2023 that the Fishing Industry Association of Papua New Guinea's (FIA PNG) version of Fisheries Information Management System (iFIMS) software has successfully passed the GDST Capability Test. [1] The GDST Capability Test is an online platform that allows businesses invol...
The Honorable Minister for International Trade and Investment, Richard Maru, MP, announced recently that the Marape Government has made a historic decision to establish for the first time, the National Trade Commission Service, starting with establishing eight new Trade Missions around the world this year with the first Trade Mission to be established in ...
PNGX, Papua New Guinea’s national stock exchange, will adopt new Listing Rules from 3 July 2023. The new Listing Rules are a key step towards the development of a more effective secondary market in Papua New Guinea. They contribute to ensuring that PNG has a world class capital market that is internationally respected and recognized. PNGX’s Listing ...
PNGX, Papua New Guinea’s national stock exchange, will move to faster settlement of trading from 3 July 2023. PNGX’s Business Rules, which govern the trading and settlement of all trades on the market by stockbrokers, will be amended to require settlement on the second day after a trade (T+2), which is faster than the current 3 days (T+3). The propo...
The Autonomous Bougainville Government has called on the Papua New Guinea Government to consider a special economic zone from Bougainville as it prepares to host its international summit on Special Economic Zones next week. ABG Acting President Hon. Patrick Nisira made the call in a media conference yesterday where he also announced an open invitation ...
Photo: Chairman David Burbidge According to the Independent Power Producers of Papua New Guinea, the debts of PNG Power Limited (PPL) to independent power producers (IPPs) have exceeded K500 million. IPPs are the primary source of electricity for PPL, and the accumulation of arrears has reached a critical level where it cannot continue without severe ...
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