Two important documents as part of the important milestones to be ticked off by the State and its project partners were signed today at the Government House this morning. The Prime Minister delayed his scheduled visit to Oro Province this morning to observe this important signing. These are the Deed of Amendment to the Porgera Project Commencement Agreeme...

Photo credit: Asian Development Bank After 2 years of recession caused by the coronavirus disease (COVID-19) pandemic, the Pacific is expected to return to positive growth this year, according to the Asian Development Outlook (ADO) 2022, ADB’s flagship economic publication, which was released today. The economies of ADB’s Pacific developing member c...

To fulfill its commitment to diversity and inclusion, St Barbara, operator of Simberi gold mine in New Ireland, has announced a generous parental leave package for its employees. Women staff can now take four months fully paid maternity leave to recover from pregnancy and childbirth while bonding with their babies while the men are entitled to 15 days ...

The National Government has granted a Special Purpose Lease to Newcrest’s wholly owned subsidiary Lihir Gold Limited (LGL), which now allows the company to develop the Londolovit Township on Lihir Island further. Minister for Department of Lands and Physical Planning, Mr John Rosso, handed over the Special Purpose Lease (SPL) for Portion 1021 in Lihir,...

According to James Marape, the 2022 General Election will go place as planned and will not be postponed. He stated this to calm worries that the polls will be postponed, which had been fueled by speculation and bogus news on social media. “The elections will not be delayed and will go ahead as scheduled,” PM Marape said. “We are working together ...

According to the Independent Consumer and Competition Commission (ICCC), there are still concerns with internet price regulation in the nation. Following consumer complaints over the costs of retail broadband internet services, the ICCC launched a preliminary investigation into the industry. Consumers were concerned that PNG DataCo Ltd price reducti...

Photo: The Maramuni Road at Maramuni Station James Marape claims that his government's trademark 'Connect PNG' program links rural Papua New Guinea like never before. He remarks when unveiling the K15 million 57-kilometre Maramuni Road, which connects Maramuni to Wabag, and launching the Enga-Sepik Highway, which would connect Maramuni to Karawari i...

Photo credit: Australian Infrastructure Financing Facility for the Pacific Australia will provide $158 million for repairs and refurbishments to Papua New Guinea's electricity and transportation networks under the Australian Infrastructure Financing Facility for the Pacific. A $86 million finance package for the Laitim Hauslain project to upgrade na...

Photo: Judah Waffi (Head of Special Projects – Nasfund) & Saliya Ranasinghe (CEFI Executive Director) The National Superannuation Fund (Nasfund) Limited signed a Memorandum of Understanding (MoU) with the Centre for Excellence in Financial Inclusion (CEFI) on March 31, 2022.  This MoU is a 12-month partnership between Nasfund and CEFI that enabl...

Through the rural electrification on grid initiative, more over 56,000 people in Rigo, particularly in Hula communities in the Central Province, now have access to power. The project was successfully completed thanks to the New Zealand Government and PNG Power Limited. The overall cost of this project, according to Rigo MP Lekwa Gure, is $9 million ...

According to the British High Commission in PNG, Papua New Guinea's specialty coffee has consistently received top cupping scores for its unique and distinctive single-origin Arabica coffee. The coffee was pushed by the UK's trade partnerships programme (UKTP), which was provided through the International Trade Centre, Banz Kofi, and the PNG Coffee Ind...

With a one-on-one meeting and bilateral discussions with President Widodo, James Marape ended his Official State Visit to Jakarta, the capital of the Republic of Indonesia. PM Marape has extended President Widodo an invitation to visit PNG later this year on behalf of the PNG government. He stated that the two nations' ties must now shift away from ...

Photo: Major Richard Elizah from the PNG Defence Force (left) receives Commissioner General’s Certificate of Excellence from Ambassador Joshua Kalinoe, who officiated at the PNG Expo2020 Pavilion Closing Dinner on behalf of the Minister for Foreign Affairs and International Trade, Hon. Soroi Eoe. Major Elizah is seconded from the PNGDF as Logistics Manage...

Since 2003, the Japanese government has provided K19.2 million to encourage rice production in East Sepik and Madang, according to Nobuyuki Watanabe, the Japanese Ambassador to Papua New Guinea. “K11.2million was funded in the first phase of the promotion of smallholder rice production project from December 2003 to November 2008,” he said. “Another ...

Photo: Peter Laigaard Jensen, Senior Vice President & Group General Manager - Coral Sea Hotels & Hospitality Radisson Hotels Coming to Papua New Guinea - Grand Papua Hotel Joins Radisson Individuals Coral Sea Hotels has announced an exciting new partnership with Radisson Hotel Group for Grand Papua Hotel to become a member of Radisson Indivi...

Photo credit: K92 Mining  K92 Mining Inc. is pleased to announce results from its financial statements for the three and twelve months ended December 31, 2021. Safety Strong focus on safety with zero lost time incidents (“ LTI ”) in the fourth quarter. Since the start of operations, Kainantu has had one of the best safety records in the Austra...