Minister for Tourism arts and Culture, Hon Isi Henry Leonard said the culture and creative industry in Papua New Guinea is an untapped industry and a sleeping giant. The Minister made a bold statement pointing out that the industry can also contribute immensely to the country’s economic growth. “Besides, we have so much to offer especially in tourism i...

Photo: Mr Musje Werror The Ok Tedi Mining Limited (OTML) Board Chairman Dr. Roger Higgins is concerned with the media reports on the purported removal of Mr Musje Werror. Mr Werror remains the Managing Director and CEO of OTML. Dr. Higgins makes particular reference to and agrees with the statement by the Minister for State Enterprise Hon. Willia...

Photo credit: PNGEITI - Porgera Mine The Porgera chamber of commerce and industry hopes that the re-opening of the mine will go ahead as planned. Chamber president Nickson Pakea said the mine must be re-opened next month as announced recently by Prime Minister James Marape. Pakea said the mine closure had led to criminal activities. “The mine ...

Photo credit: Shuttershock The government rating's outlook has been improved by Moody's Investors Service from "negative" to "stable." The move from negative to stable is attributed to "a stabilisation in the Government's debt load coming in part from the positive terms of trade shock from better global prices for Papua New Guinea's commodities expo...

The Queensland government through the Ministry of Treasurer and International Trade and Investment will be appointing a Queensland Trade Commissioner for the Pacific by next year 2023. This is part of the Queensland government’s effort in strengthening the trade, economic and relationship that exists between Papua New Guinea and Queensland. Queensla...

Photo credit: Papua New Guinea Today The Papua New Guinea Independent Commission Against Corruption (ICAC) launched its Anti-Corruption and Integrity Strategy 2023-2025 in Port Moresby recently. The two-year Strategy is a roadmap for combating corruption within ICAC. The document is an outcome of a Memorandum of Understanding between ICAC and its...

Photo credit: Papua New Guinea Today Kumul Consolidated Holdings (KCH) has paid dividends to the State after 7- years.  The country's Minister for State Enterprise William Duma officially handed over a dummy cheque of K80 Million Kina to Treasurer Ian Ling-Stuckey and Prime Minister James Marape this week.  The dividend amount from all state-owne...

According to an official, the National Energy Authority is enforcing stricter regulations on the energy and electrical industries in Papua New Guinea, and experts must hold a licence to practise. In Kavieng, New Ireland, recently, acting managing director Ronald Meketa made this statement at the start of the first electrical licensure exam for the New ...

As a result of climate change, international crime, and tax evasion, Pacific Island nations must continue to collaborate in order to solve security challenges. David Towe, the Chief Commissioner of PNG Customs, made this statement at the fourth Joint Heads of Pacific Security conference in Fiji. According to him, it was necessary to utilise the regi...

ransparency mechanisms built into the topical Papua New Guinea Sovereign Wealth Fund (SFW) will enable an effective functioning of the fund, according to the PNG Extractive Industries Transparency Initiative. PNGEITI welcomed the announcement of an initial injection of K5.6 million into the fund making it operational more than five years after the enac...

EU-STREIT PNG, in collaboration with local partners and government agencies, trained 1375 farmers, including women and youths, in the Sepik River area of Papua New Guinea on best cocoa farming techniques and on gender inclusion in agriculture development and financial literacy skills. The FAO-led EU-STREIT PNG Programme continues to provide learning op...

Photo: PM Marape and Secretary Blinken during a recent bilateral meeting Prime Minister Hon. James Marape has invited the United States of America to invest in downstream processing in Papua New Guinea, especially in fisheries. He made the invitation to US Secretary of State, Antony Blinken, during their bilateral meeting on the sidelines of APEC 20...

Did you know that provincial bridges can be replaced quickly, easily and economically with innovative Engineered Wood Products produced right here in PNG?  With an installed cost base typically under half that of equivalent concrete or steel, NiuBridge from PNG Forest Products is a comprehensive bridge building system that provides a cost-effective soluti...

For 30 Years, Oilmin Field Services has been part of remote field projects throughout Papua New Guinea. Oilmin has been a key stakeholder and partner in the evolving Oil & Gas Industry since 1992 and continues this legacy throughout Papua New Guinea today. Founded by the late George Leahy and partners, Leahy took full ownership of the Company sever...

Before we end the year, let us have a recap of Twinza Oil Limited’s presentation during the 2021 PNG Mining and Petroleum Conference and Exhibition. Although the report was presented a year ago, (2 December 2021), Twinza’s Executive Chairman, Stephen Quantrill, provided a remarkable forecast and insights on how their Pasca A Development Project will boost...

Photo: Deputy PM Hon John Rosso The Government plans on implementing a affordable land and housing program in the market to alleviate housing issues for middle and low income earners in the country's urban areas. This was stated by Deputy Prime Minister Hon John Rosso in light of questions raised by the media in relation to the recent evictions on sett...

Minister for International trade and Investment and MP for Yangoru-Sausia in the East Sepik Province, Hon. Richard Maru announced that his district headquarters in Yangoru station will be upgraded to a town. “We are determined to develop a new town plan and start putting a new shopping Centre within the Yangoru station to have it transformed into a tow...

Hausples Ltd notched another successful annual real estate expo after a two year hiatus due to the Covid-19 pandemic last week in Port Moresby. The revival of the event saw about forty plus exhibitors and participants from the real estate industry as well as government stakeholders and major commercial banks set up their booths at the Sir John Guise indoo...

Photo: James Donald Vice Minister for Mining and Border Development and MP for North Fly North Fly MP and Vice Minister for Mining and Border Development James Donald stated that heavy investments in agriculture is the way forward for the district if it has to sustain itself after the OK Tedi mine’s closure. This was his response following the recent a...

Photo: James Marape Prime Minister James Marape has directed the Chairman and Managing Directors of all State-Owned Enterprises to run their sectors as private businesses. PM Marape made this directive when speaking at the K80m dividend cheque presentation by Kumul Consolidated Holdings to the State last Thursday. He said this will signify greater p...

Remington Group has formally announced from its office last week (11 of November, 2022) that it is now calling on its interested applicant's to be part of the 2023 Apprenticeship Program . Students applying will be final year students in the field of electronics, IT, electrotechnology and similar fields.  The Apprenticeship Program is a four year progr...

Photo: Manus Acting Provincial Administrator Mr. Oka Nungu and IPA Managing Director Mr. Clarence Hoot proudly showing the signed MOUs after the signing. The Investment Promotion Authority (IPA) has signed a Memorandum of Understanding (MOU) with the Manus Provincial Administration (MPA). The MOU paves way for the Manus Provincial Administration to ...

Photo: Clarence Hoot The Investment Promotion Authority (IPA) delivered a stakeholder awareness and training workshop for the New Guinea Islands Region in Kokopo from 27th – 28th October 2022. The awareness was geared towards training and building the capacity of New Guinea Islands Provincial Commerce Officers and Business Development Officers from the...

Photo caption: L-R: Emanuel Bria, Country Officer – Asia, Mark Robinson EITI Executive Director and Lucas Alkan Head of PNGEITI National Secretariat during a press conference held on the last day of the mission, Friday November 11, 2022.  ​​​​​​​ An EITI International mission led by its Executive Director Mark Robinson to Papua New Guinea concluded tod...