A high-level meeting was held recently in Port Moresby between Prime Minister Hon. James Marape, Morobe Provincial MP Hon. Luther Wenge, and Chairman of the State Negotiating Team (SNT), Dairi Vele, to discuss the progress of the Wafi-Golpu Project. The Government reaffirmed its commitment to ensuring that the project proceeds in a manner that delivers ma...
Prime Minister Hon. James Marape has reaffirmed the strong and enduring relationship between Papua New Guinea and Australia during a series of successful meetings in Sydney. Prime Minister Marape paid a courtesy visit to the Australian Governor-General, Her Excellency the Honourable Ms. Sam Mostyn AC, where they engaged in discussions on the deep histo...
On the afternoon of Friday, 21 February, 2025, Prime Minister Hon. James Marape held key discussions with Chairman of the Australian Rugby League Commission Peter V’landys in Sydney, Australia. This is part of a brief visit by Prime Minister Marape to Australia that is focused on reflecting upon PNG-Australia relations that go back to PNG Independence ...
PNG Ports Corporation (PNG Ports), the dominant port operator and marine pilotage leader in Papua New Guinea, has raised the standard of PNG’s pilotage services following a programme of LNG tanker training undertaken in Port Moresby and Brisbane. Theoretical, practical, and simulator training finessed the skillsets of six of PNG Ports’ most experienced pi...
Ten (10) university students are the elated recipients of Ok Tedi Mining Limited’s (OTML) 2025 Undergraduate Scholarship Scheme totalling over K300,000. The students who are in their third year of studies are studying various courses. Of the ten students, one is studying Human Resources Management at the University of Papua New Guinea (UPNG); while sev...
Averages over 70% (Asia-Oceania & Oceania-Asia) and 80% (Asia-North America West Coast) On-Time Performance based on 12-month data from Sea-Intelligence Swire Shipping, a leading shipping company in the Asia-Pacific, reaffirmed its commitment to the region as the most reliable carrier in Asia-Oceania and on the Asia to North America West Coast (NAW...
Conveniently located in the central business area, the new premise will enable Swire Shipping to be closer to its customers, partners and the community Swire Shipping has announced its move to a new office location in the central business area, at Gordons Business Centre, commemorating this milestone with a celebration attended by over 70 guests compri...
Prime Minister Hon. James Marape has provided assurances on the K1.4 billion (approximately A$580 million) loan from the Australian Government, stating that it is well within Papua New Guinea’s 2024 Budget framework and does not increase the country’s debt burden beyond planned fiscal targets. Speaking at the NASFUND FM100 Talkback Show launch, PM Mara...
Prime Minister Hon. James Marape has reaffirmed his administration’s unwavering commitment to strengthening the Independent Commission Against Corruption (ICAC) as a key pillar in the fight against corruption. The Prime Minister emphasised that ICAC will be fully empowered with the necessary resources, legal backing, and institutional support to fulfill i...
Mayur Resources Limited is pleased to announce the execution of definitive agreements with Pacific Unison Holdings Limited for the construction and operation of the Orokolo Bay Industrial Sands Project, located in Gulf Province, Papua New Guinea. The execution of these agreements follows the previously announced terms sheet signed in December 20241 an...
“There will be no riverine disposal by the Frieda River Copper-Gold Project (FRCGP).” This clarification comes from Phil McCormack, Project Director of Frieda River Limited (FRL), a part of PanAust Limited. Phil made the clarification to help the public understand the design of the proposed copper-gold development. “Frieda River Copper-Gold Project ...
Steamships Trading Company (Steamships) and Laba Holdings Limited (Laba) are pleased to announce the formal establishment of Hebamo Transport Limited (HTL), a dedicated landside logistics company specialising in project cargo and heavy transport. This milestone follows 14 months of collaboration since the signing of a Memorandum of Understanding (MOU) ...
The recent announcements of significant resource development projects in Papua New Guinea are promising for the nation’s economic future. However, the success of these projects—and the prosperity of PNG businesses—relies on a healthy, productive workforce. While foreign investors and project operators are required to employ local workers, only PNG busines...
The PNG Chamber of Resources & Energy (PNG CORE) has made a contribution to Efogi Adventist Primary School to help enhance students' educational experience. The donation, handed over on Monday, February 10, 2025, includes books such as "The Crocodile Prize," "Hunting for Minerals and Oil," "It's a Gold Mine," and guides on starting a business for b...
Prime Minister Hon. James Marape has reaffirmed his government’s commitment to strengthening superannuation and voluntary savings for Papua New Guineans, announcing key reforms aimed at ensuring financial security for retirees. Speaking at the NASFUND FM100 Talkback Show launch on Monday, Prime Minister Marape emphasised the importance of saving for li...
Prime Minister Hon. James Marape has reaffirmed his government’s commitment to advancing the Papua LNG project, confirming that Final Investment Decision (FID) is expected by the end of 2025, paving the way for a new wave of economic growth in Papua New Guinea’s oil and gas sector. Speaking at the launch of the NASFUND FM100 Talkback Show on Monday, th...
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