Minister for International Trade and Investment, Hon. Richard Maru met with his counterpart Minister, Hon. Chan-Yang Lee the Korean Minister for Trade, Industry and Energy on the margins of the inaugural PIC-Korea Leaders’ Summit in Seoul, Republic of Korea on May 30, 2023. Minister Maru was part of Prime Minister Marape’s delegation to the Inaugural Paci...

Photo credit: Embassy of India, Port Moresby Inbasekar Sundaramurthi, the Indian High Commissioner, has revealed that the bilateral trade between Papua New Guinea (PNG) and India currently amounts to approximately US$350 million (equivalent to about K1.2 billion). Sundaramurthi further stated that in the previous year, India's exports to PNG reached ar...

Photo: Commissioner General Sam Koim of the Internal Revenue Commission In a recent speech at the National Press Club event, Commissioner General Sam Koim of the Internal Revenue Commission (IRC) highlighted the importance of Special Economic Zones (SEZs) in stimulating economic growth. However, he cautioned against hastily establishing SEZs throughout...

Photo: Front row, from left: Palau President, Surangel Whipps Jr (in blue shirt holding PX aircraft model) and his delegation met with ANG A/CEO, Gary Seddon and his executives in Port Moresby recently. Acting Air Niugini Chief Executive Officer, Mr Gary Seddon and his executives met with Palau President, Surangel Whipps Jr in Port Moresby over the wee...

Papua New Guinea and Malaysian Governments need to do more to build government-to-government and people-to-people relations between the two countries, says the Minister for International Trade and Investment, Hon Richard Maru. Minister Maru said this during his bilateral meeting with the Malaysian Deputy Minister of Investment, Trade and Industry, His Exc...

The Central Provincial Government has facilitated yesterday (18th of May, 2023) at Crown Hotel with a cheque of K280,000 for their 4 districts including their 5083 wards to help improve its communities access basic infrastructure and services through the Rural Service Delivery Project.  The Rural Service Delivery Project is sanctioned and implemented b...

Photo: Central Governor Hon. Rufina Peter with representatives of various tertiary institutions holding on to their check payments A timely step has been taken by the Central Provincial Government to relief Central Tertiary Students for its 2023 tuition fees totally at the cost of K3, 456 050 presented to various Tertiary Institutions in the country on...

Prime Minister Hon. James Marape says the Defence Cooperation Agreement (DCA) between the United States of America and Papua New Guinea does not in any way encroach into the sovereignty of the country. And he has assured Papua New Guineans that all aspects of the DCA will be made available to the public through a Parliamentary Statement that he will ma...

Recently, the European Union Delegation in Papua New Guinea was delighted to have Prime Minister James Marape deliver a speech during the Europe Day reception on the 9th of May 2023 at the Lamana Hotel in Port Moresby. Ambassador Jacques Fradin, the Head of the EU Delegation to Papua New Guinea, stated in his speech: "Papua New Guinea continues to be a...

Photo: Senator Tim Ayres. Credit: Senator Tim Ayres Facebook Page Australia Assistant Minister for Trade and Manufacturing, Senator Tim Ayres, addressed the 38th Australia PNG Business Forum and Trade Expo, highlighting Australia's focus on investing in roads, ports, and electricity in Papua New Guinea (PNG). He stressed the importance of reliable infr...

Photo credit: Australia Papua New Guinea Business Council Hon. Richard Maru, Minister for International Trade and Investment, in his keynote address on the 16th of May at the 38th PNG-Australia Business Forum and Trade Expo at Hilton Hotel Port Moresby, said Papua New Guinea's trade was always in favor towards Australia. “For the last 47 years, trad...

United States President Joe Biden has canceled his visit to Papua New Guinea, citing the need to focus on debt limit talks in Washington. While security arrangements for other leaders, including India's Prime Minister Narendra Modi, were already in place, Biden's visit has been called off. He was scheduled to arrive in Port Moresby on Monday afternoon, si...

Photo: Prime Minister Hon. James Marape, speaking during the recent PNG Special Economic Zone (SEZ) Summit 2023. Photo credits: International Trade and Investment Ministry of PNG Ways to increase competitiveness through global best practices and drive economic growth were the main high in Papua New Guinea's Special Economic Zones (SEZs) Summit as well ...

Geopolitics in the Indo-Pacific region Looking at the Indo-Pacific region, observers came to realise that creating ties to it was quite a significant bilateral topic for developed democracies before Russia invaded Ukraine. Suddenly, these global economies shifted preferences and drew all their attention back to Europe. Within this period when concen...

Photo credit: Post Courier  The National Trade Office (NTO) has recently unveiled Papua New Guinea's inaugural National Trade Portal and the Export Readiness Assessment Guidebook, which have garnered significant praise as vital resources for accessing trade information. These initiatives aim to provide small and medium enterprises (SMEs), traders, and ...

Prime Minister James Marape recently announced that the Foreign Affairs Minister, the Honorable Justin Tkatchenko has stepped aside from his Ministerial portfolio with immediate effect. This followed public uproar after a tiktok video from his daughter Savannah Tkatchenko was circulated widely on social media. The Minister’s defense of his daughter dre...