A Memorandum of Understanding (MoU) for the transferring of powers and functions from the Investment Promotions Authority (IPA) was signed between the Autonomous Bougainville Government (ABG) and IPA recently at the Harvest Centre at Buka. The Investment and Promotions Authority (IPA) Managing Director Mr. Clarence M. Hoot officially announced the sign...

Three young women have been selected as the first aged care workers from Sepik to secure employment in Sydney, Australia. The care workers flew to Australia on January 20th. These women will begin four-year contracts in a highly competitive field, marking a significant achievement for themselves and their community. “This is a very proud day for me ...

The signing of the K260-million Kimbe Rehabilitation and Upgrade Marine Package contract, awarded to Pacific Marine Group (PMG), was made official on January 16 at the Kumul Consolidated Holdings (KCH) Boardroom in Port Moresby. Work on the Kimbe Port is expected to commence at the end of the first quarter of 2025 and would be completed within 16 month...

Ok Tedi Mining Limited (OTML) Managing Director and CEO Kerry Ilimbit called for “meaningful change” in Western Province, emphasizing the need for improved governance, infrastructure, and economic participation for locals. Mr. Ilimbit spoke at the launch of the Western Province Development Plan 2023-2027 on January 17 at Daru Oval, underscoring the res...

Western Province, home to Papua New Guinea’s largest mine, celebrated a significant milestone with the official launch of its Provincial Integrated Development Plan (2023-2027) and Four District Development Plans (2023-2027) at Daru Oval. The launch event held on January 17 drew over 1,000 people, including key stakeholders, development partners, and r...

The Porgera Landowners Association (PLOA) called for immediate government intervention amid escalating violence in Enga Province, which threatens the safety of local communities, the operations of the Porgera Mine, and Papua New Guinea's economic stability. A PLOA situation report states the conflict began on August 22, 2024, when violent clashes broke...

Prime Minister James Marape has acknowledged the significant challenges highlighted by the Manufacturers Council of PNG regarding economic barriers faced by the country’s manufacturing sector and reaffirmed his government’s commitment to removing structural obstacles and creating a more conducive environment for businesses to thrive. “The concerns rais...

Prime Minister James Marape has urged Papua New Guineans to draw inspiration from South Korea’s extraordinary journey out of poverty following the devastation of the Korean War (1950-1953), highlighting their rise to global economic prominence as a testament to hard work and determination. “South Korea, a nation ravaged by war and with virtually no nat...

Up to 30 world leaders are expected to attend Papua New Guinea’s 50th Jubilee Independence celebrations, with Pacific leaders already confirming their participation, Prime Minister Hon. James Marape revealed in a statement. “All Pacific leaders have given the indication to join us on 16 September as well. It will be a busy year for all of us right thro...

Ok Tedi Mining Limited (OTML) recently graduated 29 trainees under its Graduate Development Scheme (GDS) and 12 Apprentices from its Apprenticeship Training Program during a combined graduation in Tabubil on December 19th, 2024. The graduate trainees who completed two years of training were part of the 2022 GDS recruitment. OTML has now trained a total...

Papua New Guinea and Australia have taken a significant step towards modernising the nation’s maritime infrastructure with the launch of a Joint Implementation Unit (JIU). This collaboration, between the Australian Infrastructure Financing Facility for the Pacific (AIFFP) and PNG Ports Corporation, is set to revolutionise port operations in key locations,...

The Mineral Resources Development Company (MRDC) has demonstrated its commitment to creating value and strengthening partnership opportunities at the 2024 PNG Investment Week, hosted in Sydney, Australia. MRDC’s active participation and strategic investments were key highlights of the conference, showcasing the company’s leadership in driving sustainable ...

The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) have signed a $100 million policy-based loan to improve governance and accountability across the public sector. The Strengthening Public Sector Management Program is supporting the government’s efforts to enhance fiscal management, improve state-owned enterprise (SOE) governa...

Kumul Petroleum Holdings Limited managing director, Wapu Sonk, today handed over a cheque of K150 million to the State Owned Enterprises Minister Hon. William Duma, as final dividend payment for the year. Mr Sonk said, “This has been a tough year financially for KPHL, we have had to meet our PNG LNG Project JV cash calls associated with the finalisatio...

KPHL’s contractor, China Petroleum Pipeline Engineering, a subsidiary of China National Petroleum Company has begun construction of a Jet A1 fuel import and storage facility at a site adjacent to the Motukea wharf.  Kumul Petroleum Managing Director, Wapu Sonk said, “This facility is part of the commitment we made to the Government and people of PNG ea...

As the New Year opened, a call for unity and compassion for Vanuatu resounded across Papua New Guinea from Port Moresby. The Governor for the National Capital District, Hon. Powes Parkop, announced a charity drive aimed at supporting Port Vila, the sister city of Port Moresby, which was devastated by a 7.3-magnitude earthquake on New Year’s Eve. The...