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...

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...

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...

From left to right EITI International Executive Director Mark Robinson, EITI International Director for Asia and the Pacific and the Country Lead for Papua New Guinea Mr. Emmanuel Bria and PNG EITI Head of National Secretariat Mr. Lucas Alkan at the press conference.  EITI International team comprised of the EITI Executive Director Mark Robinson, EITI ...

Photo credit: Sarimu Kanu Linkedin Page Kumul Minerals Holdings Limited has named Sarimu Kanu as its new managing director (KMHL). Nellie James, the KMHL's president, made the declaration. “Under the KMHL constitution, the power to appoint a managing director lies with the board,” James explained. According to James, Vanguard International's i...

Photo credit: Mining Digital  There were no pandemic-related delays in Newcrest Mining Limited's 2 million ounces of gold output in the fiscal year 2022, despite the fact that several maintenance and improvement projects were carried out. Sandeep Biswas, managing director of Newcrest, stated at the company's annual general meeting (AGM) in Melbourne...