After the general election, getting significant resource projects off the ground must be a top priority for the administration, according to an official. Rio Fiocco, head of the Port Moresby Chamber of Commerce and Industry, said these initiatives will bring in foreign cash and help to the country's overall economy. He said that the projects' spinof...

Photo credit: Department of PM&NEC Prime Minister Hon. James Marape has today congratulated the Member for Lae and Minister for Lands and Physical Planning, Hon. John Rosso, on his appointment as the new Deputy Prime Minister of Papua New Guinea. PM Marape said the appointment was made to honour and pay respects to the life and work of Deputy Pr...

The EU Funded UN Joint STREIT Programme in Papua New Guinea has made progress in delivering technical assistance to the beneficiaries since the beginning of 2020. To address existing the challenges induced by COVID-19 Pandemic, there is a need to further scale up cooperation and partnership among stakeholders to speed up the pace of implementation of the ...

Photo: Members of the OTML Joint Working Party of Union and Management leaders and the Managing Director & CEO, Musje Werror at the signing. Also present to co-sign and witness the event was Industrial Relations Acting Manager, Wala Iga, and Industrial Registrar, Helen Saleu. Ok Tedi Mining Limited (OTML) and the Ok Tedi Mining & Allied Workers...

According to Madang Chamber of Commerce and Industry President Kevin Murray, the Pacific Marine Industrial Zone (PMIZ) project in Madang would increase the province's fisheries industry. Despite the lack of certainty about the project, Murray claimed that residents in the Madang area support it because it will create employment. “A number of canneri...

The PNG Electrification Global Information System has been created by the United States Agency for International Development. Off-grid energy providers can use the Electrification Global Information System (GIS) platform to find prospective mini-grid locations and regions for selling stand-alone solar goods. Sean Callahan, USAID's Deputy Mission Dir...

On the strength of planned resource developments, the Australia New Zealand Bank (ANZ) anticipates good economic growth for the country. Businesses' investment is projected to turn back in the second half of the year, according to the bank's Pacific forecast. The next phase of gas projects will be the primary driver, with Papua LNG expected to enter...

Since the start of LNG production, more than K14 billion has delivered sent to the state from the PNG LNG project. ExxonMobil in 2021 delivered K2.2 billion to the State. K7.1 billion to Kumul Petroleum Holdings Limited and an estimated K4.5 billion in various taxes were paid to the Internal Revenue Commission since Production in 2014. “The revenues...

Governor Sir Peter Ipatas claims that the Enga provincial administration has lost over K70 million since the closure of the Porgera gold mine two years ago. Sir Peter stated that during the mine's closure, all parties suffered losses, but that everyone must wait for the final agreement for the mine's reopening to be inked. He added that landowners a...

Photo credit: Expo2020 Dubai UAE: Papua New Guinea pavilion The 6-month world Expo2020 in Dubai has ended on the 31st of March with great success giving different participating countries including the Papua New Guinea expo team great learning experiences and key take away tasks to implement to further develop the country’s economy.   The Papua New G...

Photo: Mr. Rajest Mandjakkat, CEO and Managing Director of Royal Arabian Computers going through the USD1.2m one-stop-shop Destination PNG Tourism Portal project with Amb Kalinoe, flanked by Mr. Sajeth Kumar, CEO and MD of IMBC Financial Professional Group and Dubai-based Trade and Investment Advisor to the PNG Embassy in Brussels (right) and an official ...

Photo: Antonio Narokobi receiving his Certificate of Recognition from the Commissioner General of Expo2020, His Excellency Mr. Joshua Kalinoe, Papua New Guinea’s Ambassador to Belgium and the EU A young 13 year old Papua New Guinean living in Dubai has been recognized for representing his country at the UN organized Youth Manifesto Young Ambassadors ev...

In its ongoing mission to mainstream gender concerns and youth inclusion into the agri-food value chain, the EU Funded UN Joint STREIT PNG Programme in Papua New Guinea, in partnership with stakeholders, has conducted 12 sensitisation sessions and training workshops covering 5000 plus farmers, villagers, officials, extension service workers and students i...

  The Melanesian Tourist Services (MTS) welcomes its newest motor vessel Kalibobo Express to Madang. During the launch ceremony, the vessel adorned members of the Madang business community, MTS clients and proud staff of the Madang Resort Hotel to an introductory cruise around Madang’s picturesque harbour. The ferry vessel, based at Madang Resort’s mar...

Photo credit: K92 Mining Inc. K92 Mining Inc. is pleased to announce financial results for the three months ended March 31, 2022. Safety Strong focus on safety with one of the best safety records in the Australasia region since commencement of operations. Proactive and focused management of COVID-19. K92 has continuously operated throughout ...

Renowned as Papua New Guinea’s most iconic beer brand-SP Lager has indeed been uniting Papua New Guineans since 1952. With South Pacific Brewery celebrating SP Lager’s 70th anniversary this year, iPi Catering is beyond honoured and elated to be part of this monumental journey. South Pacific Brewery has long been a highly valued partner of iPi Cateri...

Papua New Guineans stand to benefit from a modernization of the nation’s capital market that’s expected to boost investment, accelerate economic growth and help support a sustainable economic recovery. Under an agreement announced today, IFC, a member of the World Bank Group, will work with PNGX Markets Limited, the national stock exchange of Papua New...

Photo credit: PNG Women Entrepreneurs Connect Facebook Page Papua New Guinea Women Entrepreneurs Connect, whose objective is to empower and motivate women to be successful in business, today signed a Memorandum of Understanding (MOU) with PNGX Markets, the PNG Digital ICT Cluster, Emerging Venture Management (Unkapt) and Pacific Capital Markets Develop...

Photo credit: Weir Minerals As a leader in materials development and advancement, the team of material scientists at Weir Minerals are always pushing for ways to improve the capabilities of our technology for our customers. The advanced laboratories at Weir Minerals develop a variety of materials, from natural to synthetic, to polyurethanes and comp...

Photo: NiuBridge on the Boluminski Hwy, New Ireland, PNG You know how they say, “Build a bridge… and get over it”?  Well with PNGFP NiuBridge you don’t have to build it, because it’s already built! These expertly designed and engineered modular bridges are prefabricated to your specifications by PNG Forest Products. With a design life of 50+ years a...

Photo credit: Migration Plus Migration Plus is a leading Migration firm in Cairns, in the Far North Queensland region providing professional migration advice to students, individuals, government, businesses and corporate groups including the mining, hospitality, tourism, agricultural and air services industries. Migration Plus are also Education Age...

Photo credit: Education Queensland International “International students are an important part of the Australian community, and we are excited to welcome them back to our classrooms, campuses and communities.”  This was the announcement posted on their website by the Australian Government last February to herald the reopening of international travel...

Photo credit: Coral Sea Cable System The internet connectivity disruption last week was caused by problems with the Coral Sea Cable System, according to PNG DataCo Limited (DataCo) (CS2). DataCo chief executive officer Paul Komboi said: “The issues are isolated to the end devices or nodes in Port Moresby and Sydney affecting internet traffic and pri...

The multi-billion-kina Porgera gold mine in Enga, according to Porgera Chamber of Commerce and Industry head Nickson Pakea, must reopen shortly to promote economic activity and solve criminality in the district. “The law and order issues in the district is partially due to the shutdown of the mine and those with access to guns taking advantage to condu...