Minister for Tourism arts and Culture, Hon Isi Henry Leonard said the culture and creative industry in Papua New Guinea is an untapped industry and a sleeping giant. The Minister made a bold statement pointing out that the industry can also contribute immensely to the country’s economic growth. “Besides, we have so much to offer especially in tourism i...
Minister for International trade and Investment and MP for Yangoru-Sausia in the East Sepik Province, Hon. Richard Maru announced that his district headquarters in Yangoru station will be upgraded to a town. “We are determined to develop a new town plan and start putting a new shopping Centre within the Yangoru station to have it transformed into a tow...
Hausples Ltd notched another successful annual real estate expo after a two year hiatus due to the Covid-19 pandemic last week in Port Moresby. The revival of the event saw about forty plus exhibitors and participants from the real estate industry as well as government stakeholders and major commercial banks set up their booths at the Sir John Guise indoo...
Photo: James Donald Vice Minister for Mining and Border Development and MP for North Fly North Fly MP and Vice Minister for Mining and Border Development James Donald stated that heavy investments in agriculture is the way forward for the district if it has to sustain itself after the OK Tedi mine’s closure. This was his response following the recent a...
Photo: James Marape Prime Minister James Marape has directed the Chairman and Managing Directors of all State-Owned Enterprises to run their sectors as private businesses. PM Marape made this directive when speaking at the K80m dividend cheque presentation by Kumul Consolidated Holdings to the State last Thursday. He said this will signify greater p...
Prime Minister James Marape made a call for Papua New Guinea’s livestock industry to be revived urgently for import replacement as well as to be an exporter. Marape, in a press statement said Papua New Guinea once had a thriving cattle industry that was started in the colonial days by experienced Australian cattle owners. “Once upon a time, the Highlan...
Photo credit: ANU Despite major setbacks faced by many economies of Island Nations throughout the Pacific due to the global Covid-19 pandemic and the Ukraine-Russian war from 2019 to 2021, a recent study and report released by the Australian National University (ANU) shows that PNG's Gross Domestic Product (GDP) has been progressing well compared to ot...
Minister for Environment, Conservation and Climate Change and Lufa Open MP Hon Simo Kilepa is determined to connect the Lufa District in Eastern Highlands Province with reliable electricity supply under the PNG Electrification Partnership (PEP) Activity Program fully funded by the United States of America Aid (US AID). The first term MP plans to connec...
Minister for International Trade and Investment Hon. Richard Maru said Australia must refocus and align their priorities to Papua New Guinea’s preferences. He was referring to the Papua New Guinea - Australia Comprehensive Strategic and Economic Partnership, specifically the Pillar 3- Economic Partnership for Prosperity. Minister Maru said this in his ...
The well established and enduring relationship between Papua New Guinea and Australia was highly acknowledged by the Australian Minister of International Development and the Pacific, Hon. Pat Conroy during the introduction and launching of PNG Ports latest K2.2 million customized pilot boat project at Port Moresby's Fairfax harbour waterfront recently. ...
The recent PNG Industrial and Mining Resource Exhibition and Conference that was held in Port Moresby recently for two consecutive days had a positive turnout by exhibitors as well as representatives and attendees from different companies and businesses in the industrial & mining sector when they showcased their various products and services to potent...
Photo credit: Paga Hill Estate Large scale Cocoa farming is not something that is familiar in the highlands region of Papua New Guinea but the Chimbu Province in the highlands region is breaking barriers by engaging in large scale Cocoa farming for commercial purposes. For many this may sound peculiar because we have never heard of Cocoa being farme...
Photo credit: Duffy Coffee Port Moresby based premium coffee shop Duffy PNG a subsidiary and business arm of Pacific Industries Ltd is currently embracing a potential shift into China's consumer market. China is the world's biggest consumer market and a surge in coffee consumers in China has made way and provided an avenue for Duffy PNG to make an entr...
Photo: Sergei Mossine The emergence and expansion of the Vitis Industries is the story of a husband and wife's sheer hard work that has turned a small alcohol brewing company into an agriculture, manufacturing, and retail giant in Papua New Guinea. Vitis industries is a family business owned by Sergei Mossine, his wife Vikki and their four children. ...
Photo credit: Department of Prime Minister & National Executive Council The country’s treasurer, Ian Ling-Stuckey addressed the parliament when it resumed recently that Papua New Guinea’s domestic outlook on the state of the economy looks to be improving but the current global trend on the international economic situation is looking uncertain and s...
Prime Minister, Hon. James Marape has urged the country and its people to aspire to be more productive. In his diligence in aiming for the country to achieve economic independence, Prime Minister Marape has forged new ties for trade and investment during his trip and also helped in consolidating relations between PNG and the countries he visited. The...
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