The Minister for International Trade and Investment, Hon. Richard Maru expressed great satisfaction with the outcome of his bilateral meeting with the Minister for Foreign Trade of the United Arab Emirates (UAE), His Excellency Dr. Thani bin Ahmed Al Zeyoudi. The bilateral meeting was held on the margins of the Annual Investment Meeting (AIM) Congress, wh...

The Papua New Guinea (PNG) National Government and the Autonomous Bougainville Government (ABG) convened for the Joint Supervisory Body (JSB) meeting to address critical matters concerning the ratification and consequences of the Bougainville referendum. Prime Minister Hon. James Marape and ABG President His Excellency Ishmael Toroama co-chaired the me...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) recently welcomed two esteemed entities, Great Pacific Gold and Southern Cross Assurance Limited (SCAL), into its dynamic network. Great Pacific Gold joins PNG CORE following its recent amalgamation agreement with Tinga Valley Copper & Gold Corp. to acquire a highly prospective PNG c...

The historical ties between Papua New Guinea and Australia run deep, rooted in shared experiences and mutual support. On April 25th, Australian Prime Minister Anthony Albanese and PNG Prime Minister Hon. James Marape embarked on an historic 2-day walk to commemorate ANZAC Day, symbolizing the enduring strength of the relationship. “May the Spirit of AN...

As the global community faces the inevitability of climate change, it becomes imperative for nations and businesses alike to prepare for the ensuing transitions. Papua New Guinea is thus actively addressing the challenges climate change poses, particularly in the realm of sustainable transportation. “It is mandatory upon us to take bold and precise act...

The Autonomous Bougainville Government has announced its intentions to collaborate with foreign investors, particularly from China, to pursue key development projects in the region. This decision comes amid growing interest from Chinese companies to invest in Bougainville's infrastructure and economy. ABG Vice President and Minister for Commerce, Trade...

Prime Minister Hon. James Marape has acknowledged the World Bank for highlighting important steps to be taken by the Papua New Guinea Government to grow its economy during a high-level seminar in Mt Hagen, Western Highlands, on Tuesday, April 30, 2024. He made the acknowledgment when closing the seminar on ‘Doubling the PNG Economy Within a Decade to C...

Port Moresby Chamber of Commerce and Industry Inc. (POMCCI) recently hosted the Price Waterhouse Coopers (PwC) PNG 3rd Family Business Survey (FBS), presented by Michael Collins Entrepreneurial and Private Business (EPB). The survey shed light on the dynamics of family businesses, their challenges, and strategies for building trust and sustainability. ...

ABG Acting Chief Secretary Kearnneth Nanei and the Managing Director of the Investment Promotion Authority (IPA), Clarence Hoot, met recently in Buka to discuss key priorities for the economic sector on Bougainville. Mr Nanei said this meeting was following an invitation from the ABG to discuss and consult on ABG's immediate intervention program to anc...

China is fast becoming Papua New Guinea’s most important trading partner, says the Minister for International Trade and Investment, Hon. Richard Maru. Minister Maru made this statement after his two-hour meeting with the Chinese Deputy Minister of Commerce, Mr. Tang Wenhong in Port Moresby recently. “We are determined to grow and deepen our relationshi...

The Minister for International Trade and Investment, Hon. Richard Maru in his bilateral meeting with the New Zealand Minister for Agriculture, Hunting and Fishing, Forestry, and Trade, Hon. Todd McClay in Auckland, said Papua New Guinea (PNG) and New Zealand needed to reset their relationship. Minister Maru proposed to Minister McClay that Governments of ...

Wantok Produce Managing Director, Dr. Pulotu Lautofa McCarthy is calling on the Government of Papua New Guinea (PNG) to seriously give priority to direct flights between PNG and New Zealand. Dr. McCarthy made this call when the Minister for International Trade and Investment, Hon. Richard Maru met with PNG diaspora and students in Auckland recently. Wa...

The Tainui Group Holdings which an indigenous-led business in New Zealand is keen to explore investment opportunities in Papua New Guinea (PNG). They expressed their interest to the Minister for International Trade and Investment, Hon. Richard Maru who met with their management team in Hamilton, New Zealand. In 1995, the Government of New Zealand compe...

The Asian Development Bank (ADB) reaffirmed its strong, long-term partnership with the Government of Papua New Guinea (PNG) during the wrap-up meeting of ADB’s Country Programming Mission.  At the meeting co-chaired by ADB Country Director for PNG Said Zaidansyah, Department of National Planning and Monitoring Secretary Koney Samuel, and Department of ...

The Port Moresby Chamber of Commerce and Industry Inc. (POMCCI) recently organized a ‘Meet and Greet Networking Event’ with Australia’s new High Commissioner to Papua New Guinea, His Excellency John Feakes. The event took place on Tuesday, 16th April, at the Holiday Inn in Port Moresby, drawing participants from the Australia Trade and Investment Commi...

Papua New Guinea recently took a step further in addressing gun-related issues in the country through a state workshop supported by the United Nations (UN). Gun-related violence poses a significant threat to business operations, mostly in PNG’s provinces. To tackle this, a three-day National Workshop on Coordination Mechanism and Comprehensive National...