Madang Province's Pacific Maritime Industrial Zone will be redeveloped to become a regional fish processing centre. The National Fisheries Authority and the Treasury Department are collaborating on the project's development and financing plan. Ango Wangatau, head of the National Fisheries Authority, said the regional processing hub will bring togeth...

The absence of a sectorwide strategic plan detailing the sector's future roadmap has been a significant flaw in the transformation. Chairman of the National Fisheries Authority Ango Wangatau made this comment during the introduction of the NFA's 10-year strategic plan. While annual development programs were driven primarily by the parameters of annu...

Policy changes in agricultural and small-to-medium companies, according to Bank of PNG Governor Loi Bakani, would boost the PNG Kina versus other currencies. Bakani warned stakeholders at a CPA conference in Lae that the country has been missing out on a golden chance for years. He said that the value of the PNG Kina has fallen by 41% between 2012 and ...

The PNG Forest Authority (PNGFA) has announced plans to move the industry ahead and has asked the government for greater funds to put them into action. They include the following: NATIONAL strategies for downstream processing of forest produce 2020-2024; PNGFA corporate plan for 2021-2030; SITUATION of the forestry sector; NATIONAL strategi...

More than K1 million has returned to East New Britain following the province's sixth shipment of edible white copra at the end of last month. Kevin Kasap, the NGI Supply Co-ordinator for Coconut Resource Limited (CRL), has confirmed this. He said the province has sent its sixth shipment to Dubai, consisting of 10 containers weighing 108 metric tonne...

According to the Coffee Industry Corporation Ltd, a decrease in coffee production of more than 200,000 bags yearly has resulted in a loss of K88 million to coffee growers (CICL). Jerry Kapka, the board chairman, stated that the people were "losing out" and "not getting what is anticipated." “I want to bring the industry to the management and work to...

In Papua New Guinea (PNG), sweet potato (kaukau) growers have received significant insight into customer buying habits, which is assisting them in identifying new market possibilities. The recent market analysis, which was supported by the Papua New Guinea-Australia Partnership and conducted by the Australian Centre for International Agricultural Resea...

The cost of doing agriculture in the country is far too expensive, said Minister for Agriculture and Livestock John Simon. He said there are challenges in the sector that are far more expensive. “As soon as I became the minister, I did research and found out that the cost of doing agriculture in Papua New Guinea is high. “For instance, coffee at ...

Photo Credit: Paga Hill Estate According to the Pacific Horticultural and Agricultural Market Access Plus Programme, the country's cocoa sector is poised to enhance its standing in international markets, due to recent investment aimed at decreasing smoke taint and increasing cocoa quality (Phama Plus). The PNG Cocoa Board is collaborating with Phama...

Inadequate extension services have been identified as a cause of low coffee output in the country, according to a study. Prof Eugene Ezebilo, the National Research Institute's deputy director for research, authored a paper titled Strategic initiatives to boost the competitiveness of coffee production in Papua New Guinea” It gives you some ideas for how...

Prime Minister Hon. James Marape has pointed Papua New Guinea small to medium enterprises (SMEs) to agriculture as a space that they can move into. He said this when addressing the 3rd SME Business Breakfast at APEC Haus in Port Moresby on Friday (June 5th 2021) which also marked the end of SME Week. PM Marape said agriculture could supply domestic ...

Photo Credit: PNGI Central    The National Government is poised to launch the massive Pacific Marine Industrial Zone (PMIZ) Project, which would change Papua New Guinea from a coastline to a full-fledged fishing nation. Dr Lino Tom, Minister of Fisheries and Marine Resources, organized a meeting in Madang recently to demonstrate the Pacific Marin...

According to an agriculture official, the nation spends K1 billion on rice imports each year. Stephen Mombi, DAL deputy secretary technological development division, warned that as the world's population grows, rice consumption would skyrocket, necessitating more imports. He stated that rice has a tiny market of approximately 10%, but as the world's...

In Bogia, Madang Province, K1.2 million has been set aside for cocoa development. This money came from the PNG Cocoa Board, which contributed K600,000, and the Bogia District Development Authority, which contributed another K600,000. Boto Gaupu, the chief executive officer of the Cocoa Board, stated that they are willing to collaborate with the Bogi...

The government has agreed to continue delivering fresh food and vegetables from Lae to Port Moresby under a memorandum of understanding with Bismarck Maritime Ltd. Commerce and Industry Minister Sam Basil and Bismarck Maritime managing director Hamish Sharp signed the agreement. It comprises a subsidy for fresh food and vegetables to be transported by sea...

Morobe Governor Ginson Saonu. Photo Credit: PNG Bulletin 2021   The Morobe Government will cooperate with the National Airport Corporation to begin the Aviation in Agriculture and Fisheries initiative on June 18, 2021. A memorandum of agreement will be inked, according to Morobe Governor Ginson Saonu, to obtain a part of the money collected at Na...