The US Chamber of Commerce (USCC), the world’s largest business federation and biggest lobby group in the United States, will work at helping to find investors for Papua New Guinea, Prime Minister Hon. James Marape was told. USCC Executive Director – South East Asia, John Goyer said this when he met with Prime Minister Marape on the sidelines of APEC L...

Prime Minister Hon. James Marape has met with the United States International Development Finance Corporation (DFC), America’s development finance institution that funds private sector-based projects and businesses right across the world. The Prime Minister met with Scott Nathan, Chief Executive Officer of DFC, in San Francisco on the margins of the As...

Asian Development Bank (ADB) President Masatsugu Asakawa recently announced new, more concessional lending terms for small island developing states (SIDS) to support efforts to meet their infrastructure needs, strengthen social services, and scale up investments in climate adaptation and disaster risk reduction.  Mr. Asakawa made the announcement durin...

The world’s leading gold producer, American gold mining Company Newmont Corporation, will for the first-time feature at the 17th Papua New Guinea Resources and Energy Investment Conference and Exhibition as a Principal Premium Sponsor. The conference will be held on 10-13 December 2023 at the Sydney International Convention Centre under the theme ‘PNG Res...

Prime Minister Hon. James Marape, on Wednesday, November 8, 2023, expressed his heartfelt appreciation to outgoing Australian High Commissioner H.E. Jon Philp for his immensely productive four-year tenure in Papua New Guinea. Mr. Philp, who began his eventful tour of duty in early 2020, marked the conclusion of a tenure that has significantly contributed ...

The Papua New Guinea Chamber of Mines and Petroleum (“The Chamber”) participated in the recently concluded National Development Forum. The Forum, organized by the Consultative Implementation & Monitoring Council (CIMC), brought together stakeholders from across the public and private sectors, as well as civil society and development organizations, ...

The Autonomous Bougainville Government is opening its doors to foreign direct investment from developed nations such as Australia, New Zealand, Japan, China, the United States, and European nations, President Ishmael Toroama said in a statement on 31 October. “The government recently declared Bougainville open for business, but this is a specific call ...

Bougainville’s current special autonomy status grants it a unique position within Papua New Guinea, exempting it from certain laws that apply to other provinces in the country. This was a vital distinction highlighted by the Chief Secretary of the Autonomous Bougainville Government, Shadrach Himata, at the MTDP Alignment Workshop hosted by the National...

Prime Minister Hon. James Marape expressed his heartfelt gratitude to the Asian Development Bank (ADB) for its unwavering support to Papua New Guinea during a meeting with the newly appointed ADB Country Director, Mr. Said Zaidansyah. “Welcome to Papua New Guinea, and I hope that during your time here, you will contribute to a better Papua New Guinea,”...

Prime Minister Hon. James Marape reinforced Papua New Guinea’s global identity as a “forest nation” during the official launch of the K210 million European Union-funded Forestry, Climate Change and Biodiversity (EU-FCCB) Programme. Prime Minister Marape extended his heartfelt gratitude to the European Union for this, and various other projects, includi...

Prime Minister Hon. James Marape has urged the Bank of Papua New Guinea (BPNG) to play a pivotal role in the creation of a K200 billion economy that will help define the future of Papua New Guinea. The Prime Minister's remarks came during his participation in the grand 50th anniversary celebrations of BPNG, which took place in Port Moresby on Wednesday, N...

Prime Minister Hon. James Marape has applauded Air Niugini on its order and impending acquisition of 11 new aircraft that promises a much-improved service to Papua New Guineans and travelers within and outside of the country. Prime Minister Marape gave the applause as he commended the national flag carrier on its continued dedication to aviation safety...

Papua New Guinea (PNG) is ready to grow its trade and investment relationship with the European Union (EU), says the Minister for International Trade and Investment, Hon. Richard Maru. Minister Maru said this in his welcome address at the 4th EU-PNG Business, Trade & Investment Conference in Port Moresby. “We welcome the theme of this year’s confer...

Papua New Guinea has found another important ally in the European Union for its push for greater environment conservation recognition, Prime Minister Hon. James Marape has said. Prime Minister Marape said this as he commended Hungarian President, H.E Katalin Novak for agreeing to advocate for PNG at the EU when she chairs over the European block from n...

Prime Minister Hon. James Marape has expressed his commendation to International Trade and Investment Minister Hon. Richard Maru for his strong leadership in Papua New Guinea’s hosting of the World Indigenous Business Forum (WIBF) from October 24 to 26, 2023. The international event, which drew participation from 150 international delegates representin...

Prime Minister Hon. James Marape has urged participants of the three-day World Indigenous Business Forum (WIBF) in Port Moresby to "think globally and act locally" in as far as international commerce and trade is concerned. This message was conveyed recently as Prime Minister Marape inaugurated the three-day WIBF, hosted at the APEC Haus in Port Moresb...