The Simbu Provincial Government has signed a K850,000 project agreement with the National Fisheries Authority to build a new training and office facility in Kundiawa. More than 23,000 inland fish farmers in the province will benefit from the facility's basic instruction on how to manage and expand their fish farms. The agreement will see NFA pay for...

Walter Schnaubelt, the country's new Civil Aviation Minister, is committed to improving the country's aviation industry. It is reported that the new minister is interested in knowing what hurdles and difficulties are being faced by the aviation sector participants so that they can adjust and improve within a short period of time, according to him. B...

Hon. ABG President Ishmael Toroama has urged the Panguna Landowners to collaborate with the government to ensure Bougainville's political and economic independence. President Toroama delivered this declaration today at the Panguna Chief Summit in Central Bougainville at Tunuru Catholic Parish. President Toroama stated that the moment has come for Bo...

Photo credit: Department of PM&NEC Marape was pleased with the overall conclusion of the visit, which re-establishes, confirms, and enhances PNG's strong ties with China. He said this following a historic Saturday evening virtual meeting with Chinese Premier Li Keqiang. The two Leaders reiterated and announced a considerable set of deliverables ...

According to Fisheries Minister Dr Lino Tom, the signing of the Trade Protocol Agreement for the export of Live Marine Products to the Chinese market was a success. Minister Tom expressed his delight, adding that the Fisheries Sector's trip to China with Prime Minister James Marape was a success. ''We successfully signed the Trade Protocol Agreement...

Photo: Commissioner-General Sam Koim According to Commissioner-General Sam Koim, the Internal Income Commission (IRC) expects to earn roughly K9.3 billion in tax revenue this year. In response to an inquiry, Koim stated that the IRC's income objective had been boosted by around K1.4 billion by the government. “Last year, we collected, in terms of ne...

“Announcements by investors in Papua New Guinea and the South Pacific has demonstrated a strong international investment intention that will lift economic activities for PNG and the South Pacific in 2022,” says BSP Group General Manager Corporate Bank, Peter Beswick. The rise in business confidence for the year 2022 is attributed to company investments...

According to James Marape, Papua New Guinea's "strategic position" in relation to Asia's main economies must be used by the country's business community and transformed into commercial possibilities, particularly in the field of food production and supply. The Prime Minister noted that the populations of the Philippines, China, and Indonesia are likely...

From the 3rd to the 8th of February 2022, James Marape, MP will make official trips to the People's Republic of China (PRC) and then to France from the 9th to the 13th of February 2022. The Prime Minister is visiting the PRC at President Xi Jinping's invitation to attend the Beijing Winter Olympics opening ceremony on February 4th. Apart from this sign...

Photo: Paga Hill Development Hon. Prime Minister James Marape has told the Papua New Guinean business community and international investors that the country's economy would continue to develop in the coming years, with even more growth expected in the next five years as significant national investment projects come online. The Prime Minister spoke r...

Papua New Guinea's Prime Minister, James Marape, claims his government is devoted to rural development. He remarked this while presiding at the opening of Siwi Utame Agro Technical High School and Siwi Utame Loop Road in Ponowi Village, Ialibu, Southern Highlands. Both are initiatives of the Governor of the Southern Highlands Province, Hon. With the...

The PNG Expo 2020 Pavilion in Dubai hosted a Business to Government (B2G) networking event in cooperation with IBMC Global, a Dubai-based investment firm, which drew interest from investors in tourism, information and communication technology (ICT), transportation, and wood trade. Investors from the UAE and India met and shared information on prospects...

PNG Minister for ICT Timothy Masiu and UAE Minister of State for Economic and Commercial Affairs Ahmed Ali Al Sayegh had a high-level discourse on trade and ICT in the UAE Ministry of Foreign Affairs and International Cooperation in Abu Dhabi recently. Minister Masiu informed Minister Al Sayegh that both PNG and the UAE have maintained cordial and frie...

His Excellency Mr Joshua Kalinoe, Papua New Guinea's Ambassador to Belgium and the EU and Commissioner General for Expo2020, has received multiple Letters of Interest from firms in the UAE and India who recently attended the B2G Economic Networking Forum in Dubai, United Arab Emirates. IBMC Global, a UAE-based investment firm, organized the Economic Fo...

Hon. Minister of Information and Communications Timothy Masiu, who was recently in Dubai to deliver the Keynote Address at the World Expo 2020 in the PNG Investment Forum themed "Eco-Tourism and Connectivity – Living in Balance with Nature," is pleased with the efforts of the lead Department of Foreign Affairs and Trade and the Management team of the PNG ...

Hon Timothy Masiu wants tourists and adventurers visiting Papua New Guinea to be able to experience a mix of modern and traditional PNG lifestyles, so that they can have a cold drink from the fridge, watch the news, and keep in touch with their loved ones even when they are on the most remote islands, hilltops, and valleys. Minister Masiu was addressin...