Papua New Guinea was amongst seven other Pacific Island countries to sign a partnership statement of intent with the Republic of Korea to further cooperation and partnership in digital transformation. Information and Communications Technology Minister Timothy Masiu, who also was appointed co- chair of the just concluded Korea -Pacific Islands Digital M...

Photo: Prime Minister Hon. James Marape meeting with President of the Republic of Korea, His Excellency Yoon Suk Yeol, in Seoul, South Korea. Prime Minister Hon. James Marape had fruitful discussions with the President of the Republic of Korea, His Excellency Yoon Suk Yeol, on the margins of the inaugural Korea-Pacific Islands Summit (Monday, May 29, 2...

Photo: PM Marape and Minister Park Jin show the signed reciprocal visa waiver arrangements between the Korea and PNG. Prime Minister and Minister for Foreign Affairs Hon. James Marape and Republic of Korea Foreign Minister H.E. Park Jin on Monday, May 29, 2023, signed reciprocal visa waiver arrangements between the two countries in Seoul, Korea. PM ...

Photo: Prime Minister Hon. James Marape and Australia Deputy Prime Minister Hon. Richard Marles in Seoul, Korea.-DEPARTMENT OF PM & NEC MEDIA Prime Minister Hon. James Marape met with the Deputy Prime Minister of Australia Hon. Richard Marles on Monday, May 29, 2023, on the margins of the inaugural Korea-Pacific Islands Summit in Seoul, Korea. P...

Minister for International Trade and Investment, Hon. Richard Maru met with his counterpart Minister, Hon. Chan-Yang Lee the Korean Minister for Trade, Industry and Energy on the margins of the inaugural PIC-Korea Leaders’ Summit in Seoul, Republic of Korea on May 30, 2023. Minister Maru was part of Prime Minister Marape’s delegation to the Inaugural Paci...

Steamships Limited recently took possession of Motukea North from Curtain Bros Limited. This is a significant milestone for Steamships in its plans to develop the 38-hectare site to the north-west of Motukea Wharf into Portside Business Park. Steamships Managing Director, Rupert Bray, said “We see the Portside Business Park precinct as the future indus...

Residents of Manu and it’s surrounds can now treat themselves to an ENZO’s Pizza. The latest addition to PNG’s favourite Pizza outlet is conveniently located at the recently reopened Puma Station on Taurama Road. ENZO’s Pizza Country Development Manager Sudeep Geethanandan said, “Our vision is to make ENZO’s more accessible to all Papua New Guineans. B...

Photo credit: Embassy of India, Port Moresby Inbasekar Sundaramurthi, the Indian High Commissioner, has revealed that the bilateral trade between Papua New Guinea (PNG) and India currently amounts to approximately US$350 million (equivalent to about K1.2 billion). Sundaramurthi further stated that in the previous year, India's exports to PNG reached ar...

Photo: Commissioner General Sam Koim of the Internal Revenue Commission In a recent speech at the National Press Club event, Commissioner General Sam Koim of the Internal Revenue Commission (IRC) highlighted the importance of Special Economic Zones (SEZs) in stimulating economic growth. However, he cautioned against hastily establishing SEZs throughout...

Contrary to recent news outlets, PNG Business News aims to shed light on PNG's ongoing tuberculosis (TB) crisis. In 2020, the global number of TB deaths rose for the first time in a decade, and the situation in PNG is particularly dire. With thirteen daily TB-related deaths, the impact on workforce health and productivity is significant, as TB cases and f...

The Marape-Rosso government will very soon announce “special incentives” to support loyal players in the manufacturing, agriculture, forestry and fisheries sectors focused on serious downstream processing in the country, Prime Minister Hon. James Marape has said. PM Marape announced this to members of Lae Chamber of Commerce & Industry on Thursday,...

Photo: Front row, from left: Palau President, Surangel Whipps Jr (in blue shirt holding PX aircraft model) and his delegation met with ANG A/CEO, Gary Seddon and his executives in Port Moresby recently. Acting Air Niugini Chief Executive Officer, Mr Gary Seddon and his executives met with Palau President, Surangel Whipps Jr in Port Moresby over the wee...

Photo: PNG Government Secures 60 Percent in Wafi-Golpu Mine Project, PM Marape announces The Papua New Guinea Government has finally settled on the total benefit sharing at over 60 per cent from the Wafi-Golpu project. Prime Minister James Marape, in addressing the Morobe Tutumang in Lae, said the total benefits sharing included taxes, equity, royal...

Papua New Guinea and Malaysian Governments need to do more to build government-to-government and people-to-people relations between the two countries, says the Minister for International Trade and Investment, Hon Richard Maru. Minister Maru said this during his bilateral meeting with the Malaysian Deputy Minister of Investment, Trade and Industry, His Exc...

Photo: Remington Group CEO, Peter Goodwin (L) and POMCCI Consultant Brian Riches (R). The Remington Group is proud to announce the launch of its ‘Loyal to Local’ campaign with the support of the Port Moresby Chamber of Commerce and Industry. The core objective of this campaign is to inspire and encourage both business communities and individuals to ...

The Central Provincial Government has facilitated yesterday (18th of May, 2023) at Crown Hotel with a cheque of K280,000 for their 4 districts including their 5083 wards to help improve its communities access basic infrastructure and services through the Rural Service Delivery Project.  The Rural Service Delivery Project is sanctioned and implemented b...