The central goal of the Papua New Guinea (PNG) National Energy Authority (NEA) Corporate Plan 2023-2024 is to promote access to affordable, reliable, and sustainable energy services, which are crucial for economic growth and community prosperity. A key focus is extending electricity access to 70 percent of PNG’s population by 2030 and achieving univers...
The Papua New Guinea Tourism Promotion Authority (PNGTPA) has officially partnered with the Jimi District Development Authority (JDDA) in Jiwaka Province to enhance local tourism and promote local culture on a global stage. This was formalised through a Memorandum of Understanding (MOU) signed on October 11 at the Ela Beach Hotel in Port Moresby. PN...
The Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia addressed recent significant legislative changes to the Central Banking Act during the recent September 2024 Monetary Policy Statement presentation at the Royal Papua Yacht Club. The amendments, passed by Parliament in September, pave the way for the establishment of a new Monetary Policy Com...
Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia recently outlined the September 2024 Monetary Policy Statement, amid the ongoing economic challenges and the central bank's strategies to stabilize the nation's economy. The presentation took place on October 7th at the Royal Papua Yacht Club in Port Moresby. Reflecting on the previous March M...
Abau District Member of Parliament, Sir Puka Temu, has urged the Papua New Guinea (PNG) government to adopt e-health solutions to overcome the healthcare challenges posed by the country's remote geography. Speaking at the launch of the pilot Waste-Zone Project at Kupiano Health Centre, Central Province, Sir Temu emphasized the need for digital infrastr...
Miss PNG Tyla Singirok, the inaugural Miss Bird of Paradise PNG, has been officially named the Ambassador of PNG Tourism following the signing of a Memorandum of Agreement (MOA) on September 27th at Apec Haus, Port Moresby. As part of her new role, Singirok will promote PNG’s cultural heritage and natural beauty both locally and internationally. Thi...
Resource development remains central to Papua New Guinea's (PNG) economic growth, and as the global shift toward greener energy continues, liquefied natural gas (LNG) is seen as a key transition fuel. During a media briefing on September 30th, Kumul Petroleum Holdings Limited Managing Director Wapu Sonk emphasized that PNG is ready to welcome investors...
In support of small and medium enterprises (SMEs) in the tourism sector, the PNG Tourism Promotion Authority and the Ministry of Tourism, Art and Culture officially launched the Tourism Business Incubation Center on September 27th in Port Moresby. Key figures, including the Minister for Tourism, Arts, and Culture, Hon. Belden Namah, TPA CEO Eric Mossma...
As the capital city, Port Moresby has the potential to become a leading tourism hub, which the Governor for the Nation’s Capital, Governor Powes Parkop, described as the "Gateway to Papua New Guinea." He emphasized that this city is the first stop for tourists before they explore other provinces, making it a vital part of the national tourism strategy....
Papua New Guinea (PNG) is focusing on improving safety and infrastructure to boost its tourism industry. The Chief Executive Officer of the PNG Tourism Promotion Authority (TPA), Mr. Eric Mossman Uvovo, emphasized the importance of creating a safe environment for tourists during the World Tourism Day Conference on September 27th at APEC Haus in Port Mo...
The Minister for Tourism, Art and Culture, Hon. Belden Namah, has emphasized the potential for Papua New Guinea (PNG) to significantly increase its tourist arrivals, stating that the current figure of 24,000 visitors is far below expectations. “PNG should be receiving 2.4 million tourists annually,” he asserted, noting that neighboring countries like F...
Papua New Guinea's latest score on the Corruption Perception Index (CPI) is 29 out of 100, showing a slight improvement of one percent from 28 out of 100 in 2021. Despite this progress, PNG remains among many countries with little to no improvement in tackling corruption. This data was highlighted by PNG National Planning Minister Sir Ano Pala during t...
The Australia-Papua New Guinea Business Exchange (APNGBX) recently highlighted opportunities for collaboration and investment in PNG's growing economy. Key discussions focused on infrastructure development, renewable energy, and the broader economic landscape. Key Takeaways included: Global Economic Trends: Senior Economist Justin Smirk from Westpac Ba...
Papua New Guinea (PNG) has the potential to become a key destination for historical tourism, according to Dr. Brent Glass, Former Director Emeritus of the Smithsonian Institution. Dr. Glass said this during his recent visit to the Papua New Guinea Tourism Promotion Authority (TPA). “Papua New Guinea’s war history is compelling and holds global inter...
The Minister of Tourism, Arts and Culture, Hon. Belden Namah, emphasized the importance of tourism, arts, and culture, referring to them as “a pot of gold.” He made this statement to highlight his commitment to reviving the National Kenu & Kundu Festivals (NKKF) in Milne Bay Province, at the southern tip of Papua New Guinea. Hon. Namah took offi...
The Australian Minister for International Development and the Pacific, Hon. Pat Conroy, officially launched the Australia-PNG Development Partnership Plan (DPP) for 2024-2029 at the Australian High Commission on Thursday 19th September in Port Moresby, Papua New Guinea. This initiative reinforces Australia’s commitment to PNG as its largest development...
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