Papua New Guinea will move more into downstream processing and manufacturing of its resources, Prime Minister Hon. James Marape said in his address to the nation for the 49th Anniversary of PNG’s Independence. Stating the importance of working together to build a robust, inclusive economy, Marape also stressed the need to diversify PNG’s economy beyond...

Papua New Guinea hosted several key events this year, including the 2024 IPA Regulators Summit in July. At the summit, regulatory agencies shared their roles, responsibilities, and plans. These agencies are vital to the nation's economic development, ensuring compliance with laws and supporting government initiatives. During the summit, PNG Customs Chi...

The Minister for International Trade and Investment, Hon. Richard Maru, has highlighted Papua New Guinea's (PNG) new focus on attracting Indonesian investments following recent high-level engagements between the two nations. These include State Visits by the Heads of both countries, a trade and investment mission led by Deputy Prime Minister Hon. John Ros...

Prime Minister Hon. James Marape on Friday, September 6, 2024, held bilateral talks with the Prime Minister of the Republic of Vanuatu, Hon. Charlot Salwai, at Sir Manasupe Haus in Port Moresby. The two leaders met for brief discussions on the sidelines of the Papal Visit to Papua New Guinea. Among the key topics discussed were PNG’s assistance to Vanu...

Prime Minister Hon. James Marape has expressed deep gratitude to Pope Francis on his de- livery of messages of service, unity and peace to the people of Papua New Guinea. Prime Minister Marape and his wife, Mrs Rachael Marape, joined the Pontiff, his clergy, and thousands of Catholic worshippers at Sir John Guise Stadium in the 3-hour mass before meeti...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) added two new female councillors to its council at its annual AGM last week as CORE's membership renewed its council and leadership. The AGM confirmed the re-election of President Anthony Smarè as independent President, and Senior Vice President Richard Kassman (TotalEnergies), who will ...

Prime Minister Hon. James Marape held bilateral talks with Singapore’s Second Minister for Foreign Affairs and Education, Dr Maliki Osman, this afternoon on the sidelines of the Pacific Islands Forum Leaders Meeting in Nuku’alofa, Tonga. Reflecting on the strong ties between Papua New Guinea and Singapore, Prime Minister Marape noted that PNG has maint...

Prime Minister Hon. James Marape has actively lobbied for a larger quota in New Zealand’s Recognised Seasonal Employer (RSE) Labour Mobility Scheme. During a meeting with New Zealand’s Prime Minister Hon. Christopher Luxon on the margins of the 53rd Pacific Islands Leaders’ Forum, held on Wednesday, 28 August 2024, in Tonga, Prime Minister Marape reque...

Prime Minister Hon. James Marape has commended the United States of America and the People’s Republic of China for their pledges to work together with the nations of the Pacific. Prime Minister Marape made these remarks following statements issued at the 53rd Pacific Islands Forum (PIF) Leaders Meeting by US Deputy Secretary of State Dr Kurt Campbell a...

The recent August POMCCI Breakfast event saw Ashurst PNG host an exclusive breakfast panel discussion, “Building for the Future: Lessons Learnt,” at the Marriott Executive Apartments’ Harbourside South on 29 August in Port Moresby. The event, designed as a networking stand-up buffet, was attended by leading corporate members, industry stakeholders, and de...

François Valerian, the Elected Chair of Transparency International (TI), raised concerns surrounding the long-term value of combating corruption within the business sector globally, including in Papua New Guinea. He noted that ethical practices are essential for sustainable growth. "The benefit of shareholders and stakeholders lies in the sustainability a...

Papua New Guinea is moving towards establishing the Pacific region’s first Blue Carbon Policy, aimed at safeguarding the country’s vital blue carbon ecosystems. The National Blue Carbon Policy provides an enabling framework for the conservation and sustainable management of blue carbon ecosystems in the country. A two-day National Blue Carbon Policy Ro...

Deputy Prime Minister Hon. John Rosso led a small Papua New Guinea delegation on Monday, August 19, 2024, to a significant meeting with the management of the Java Integrated Industrial and Ports Estate (JIIPE) Special Economic Zone in Gresik, Surabaya, Indonesia. This visit is part of a broader series of engagements aimed at attracting trade and investmen...

The Indonesia Government has proposed that Indonesia and Papua New Guinea (PNG) establish a high-level Dialogue Cooperation Committe to meet every six months to drive the agenda of growing trade and investment, and all cooperation between the two countries. Minister for International Trade and Investment, Hon. Richard Maru said: "This committee will pr...

A very warm exchange took place between Prime Minister Hon. James Marape and Indonesia’s President-elect, Prabowo Subianto when the two met recently during the president’s 5-hour stop over visit in Port Moresby. Prime Minister Marape met the Indonesian leader at Jacksons International Airport to welcome him to Papua New Guinea, and later in a bilateral...

The Pacific is projected to grow by 3.3% in 2024 and 4.0% in 2025, but the need to build resilience continues, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM) launched today. This growth is largely driven by the recovery of resource extraction in Papua New Guinea, the subregion’s largest economy. Stabl...