The Australian Infrastructure Financing Facility for the Pacific has pledged a grant and concessional loan package totaling USD150 million to Papua New Guinea for the purpose of enhancing and repairing crucial energy infrastructure. This commitment was affirmed during Prime Minister Marape’s visit to Canberra on February 8, 2024. The funding will be al...
Papua New Guinea’s Prime Minister, James Marape, made history by addressing Australia’s parliament in Canberra on 8 February, marking the first occasion a leader from a Pacific Island nation has done so. Marape’s speech underscored the deep-rooted ties between Papua New Guinea and Australia, characterising the latter as PNG’s “big brother” and emphasising...
Australia’s new High Commissioner to Papua New Guinea, His Excellency John Feakes has officially presented his letter of introduction to Papua New Guinea Prime Minister James Marape. Australian Foreign Minister Penny Wong announced Mr. John Feakes’ appointment as Australia’s next High Commissioner to the Independent State of Papua New Guinea in Septemb...
The Chairman of Paga Hill Estate, Mr. Peter Barge announced recently that the Radisson Blu Hotel at Paga Hill be 40 per cent owned by Papua New Guineans. Mr. Barge made this announcement in a press conference with the Minister for International Trade and Investment, Hon. Richard Maru and the Managing Director, Australasia of Radisson Group, Mr. Lachlan Ho...
Papua New Guinea (PNG) needs to work on developing a very strong, deep, and a robust relationship with Indonesia, says the Minister for International Trade and Investment, Hon. Richard Maru who will be leading a trade delegation to Indonesia at the end of March this year. “We have wasted the last 50 years. Indonesia is the country we should have focuse...
Prime Minister and Treasurer Hon. James Marape has extended his gratitude and apologies to all businesses that have supported Papua New Guinea over the years, in an address recently to the business community during the annual Back-to-Business Breakfast sponsored by Kina Bank in Port Moresby, The Prime Minister’s speech comes in the wake of the events ...
Prime Minister and Treasurer Hon. James Marape has described Morobe as one of the “most-important” provinces of the country which anchors 70 per cent of Papua New Guinea’s economy. He reiterated this sentiment on Friday, February 16, 2024, when receiving the K681 million Morobe Provincial Budget from Morobe Governor Hon. Luther Wenge. Prime Minister Ma...
The State Team working on the Community Development Agreement (CDA) for the Porgera Project, (Friday 9 Feb) completed a two-days pre-CDA meeting. The meeting held in Mt Hagen, involved the 25 Special Mining Lease (SML) landowner agents, and Ward Councillors of the Porgera Rural Local Level Government, which hosts the Porgera Mining project. The purp...
Consort Express Lines (Consort) proudly announces the latest addition to its fleet – MV Papuan Coast. The vessel, formerly known as MV Dili Chief, has now been seamlessly integrated into Consort's liner operations following its deployment in Consort’s network since November 2023. The acquisition, completed on the 3rd February 2024 at a total cost ...
It was a joyous celebration on Thursday the 1st of February at Hilton Hotel as the Star Mountain Plaza Hilton Port Moresby officially opened its stage 2 Star Mountain Plaza Hilton Residence and welcomed the launching of its third development project, an office complex and mixed use retail precinct. Marking the first branded residences in Papua New Guin...
Minister for International Trade and Investment, Hon. Richard Maru urged his Department Head and Agency Heads to deliver results this year. Minister Maru made this statement in a meeting recently with the heads of Department of International Trade and Investment, National Trade Office, Special Economic Zone Authority, and the Securities Commission of Papu...
The Asian Development Bank (ADB) welcomes a new framework for public–private partnerships (PPPs) in Papua New Guinea (PNG) aimed at unlocking private investment and know-how, and allowing PNG to expand and improve infrastructure service delivery. The new framework was developed with the support of ADB’s Pacific Private Sector Development Initiative (PS...
Bank South Pacific Chief Executive Officer, Mark Robinson, expressed his enthusiasm for the economic potential of Papua New Guinea over the next decade. During a meeting held on Tuesday, January 23, 2024, Robinson conveyed his confidence in the country’s trajectory to Prime Minister and Treasurer Hon. James Marape. Prime Minister Marape highlighted the...
In a significant diplomatic engagement, Prime Minister and Treasurer Hon. James Marape underscored the pivotal role of Malaysia as a “very important” bilateral partner for Papua New Guinea (PNG). The statement was made during the welcoming address to the new Malaysian High Commissioner, H.E. Hamizan Hashim, on Tuesday, January 23, 2024. Prime Minister ...
PNG Air wishes to advise passengers and the traveling public of the bomb threat email that was circulated this morning to certain stakeholders in the aviation industry. As a third party recipient to this email, PNG Air does not compromise on safety and takes this threat seriously. To mitigate this threat, across the PNG Air network, stringent securi...
Papua New Guinea is further extending the Visa on Arrival (VOA) facility to passport holders from Micronesian and Polynesian States and Territories to strengthen its relations with Pacific Island States and the Pacific Forum countries, the Chief Migration Officer, Stanis Hulahau has announced recently. This means that passport holders from all Pacific ...
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