In order to achieve full radio, television and internet coverage, the Ministry of Information and Communication Technology plans to help the Autonomous Bougainville Government through improved tower infrastructure and fibre connectivity. In a statement, ICT Minister Timothy Masiu plans to seek cabinet approval to roll out these programs. He said that his ...

The Internal Revenue Commission has signed a Memorandum of Understanding with the Gulf Province in Port Moresby. IRC Commissioner-General Sam Koim said that they have also forged similar partnerships with other provinces except for Hela, Southern Highlands, and Gulf and that this partnership is very timely because they will also be forming relationships w...

The Global Sustainable Seafood Initiative (GSSI) has welcomed the country’s Fishing Industry Association (FIA) as a funding partner. According to Fishing Industry Association (PNG) president and chairman Sylvester Pokajam, this partnership was an achievement for them to improve and to raise their commitment to the conservation of the ecosystem and to prot...

Papua New Guinea has lost a great man. Grand Chief Sir Michael Thomas Somare, the man who led the country to independence in September 1975, died of pancreatic cancer at the Pacific International Hospital in the country’s capital. He was 84 years old. The national government has urged all flags to lower at half-mast to honour the great man.In a statement,...

The major cause of the lack of foreign exchange is trade imbalance.According to Acting Chief Trade Officer Richard Yakam, import service are costing the economy about K5 billion and that the constant increase and leakage in the economy is causing an imbalance in trade. “This leakage in the economy has resulted in the forex issue that means more currencies...

In the last two years, PNG exports to China Have risen over K13 billion.According to Deputy Prime Minister Sam Basil, “It is public knowledge that PNG exports to China have grown from K11.829 billion in 2018 to K13.185 billion in 2020.”He added that the dominant exports were from the liquefied natural gas (LNG) industry. “The three leading recipients of o...

The initiative of the Ihu special economic zone project will promote and boost international trade among countries trading with Papua New Guinea.This was revealed by Acting Chief Trade Officer Richard Yakam, who said that this project is very significant in promoting export and import between countries and increasing trade relations. He added that with th...

With the signing of the HR recruitment contract, the $US6 billion (K21 billion) Ihu Special Economic project spearheaded by the Kikori district development authority has moved into its second phase of development. Minister for Foreign Affairs and Kikori MP, Soroi Eoe said the signing is significant in that it enables the National Executive Council decisio...

The Lae Biscuit Company (LBC) has met internationally recognised and approved food safety and control measures.One of 10 certified food manufacturing companies in Papua New Guinea, the LBC has been awarded the Hazard Analysis Critical Control Point (HACCP) certification by the Papua New Guinea Certification Services through the National Institute of Stand...

In spite of the effects of the pandemic, Swire Shippes continues to thrive as it unveiled its new office in Lae.In attendance during the opening were Swire Shipping country manager Alistair Skingley, partners, customers, employees, and members of the business community.According to Skingley, this new office signals the successes of Swire Shipping, which h...

The merging of bmobile and Telikom into a single operator will be complete in June. According to State Enterprises Minister William Duma, both companies had their own structures, payroll system and assets so the merger would not be straight forward.“When you look at employees and assets, we have to have alignment,” he said. “There are many technical issue...

Papua New Guinea is expecting the delivery of the COVID-19 vaccine around April.This was according to National Pandemic Controller David Manning who said, “We’re working closely with the Australian authorities to make sure that we have a fair share of the vaccination. At this point, we are looking (at) around April. As to what vaccination we will be seeki...

Starting April 3, 2021, Air Niugini will increase its flight services between Port Moresby and Hong Kong from once to twice weekly.Under a codeshare arrangement, services will be operated by Air Niugini’s Boeing 767 aircraft, in partnership with Cathay Pacific Airways.Flights to Hong Kong continued in October last year, operating every Wednesday which all...

To bring communication services to the country, State Enterprises Minister William Duma says the Government will provide K100 million to PNG DataCo Ltd. This was after the submarine cable, Australia PNG-2 which served the country for more than 15 years has been decommissioned. For his part, PNG DataCo chief executive officer Paul Komboi expressed his grat...

After 15 years of service, the link of Papua New Guinea to the outside world - through PNG-2 submarine cable - has been decommissioned. According to Minister for State-Owned Enterprises William Duma, this has been a symbol of the relationship between Papua New Guinea and Australia - but things must come to an end. “We have reached the end of an era from 2...

The economy of the country will have steady growth this year.According to Senior economist Ilyas Sarsenov of the World Bank, it was predicted to be nine per cent smaller in 2023 compared with pre-pandemic. “Like in the rest of the world, the pandemic’s shock was expected to lead to a long period of below-trend economic growth in Papua New Guinea, “ he sai...