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The 2023 Papua New Guinea Resources & Energy Investment Conference recently held in Sydney Australia was officially opened by Prime Minister Hon. James Marape. Prime Minister Hon. James Marape in his keynote address has acknowledged the collaboration with the private sector and the positive mergers and transitions that have occurred in the likes of...

Prime Minister Hon. James Marape expresses his gratitude for the invitation extended by Australian Prime Minister Hon. Anthony Albanese to address the Australian Parliament on February 8, 2024. The announcement was made on Thursday, December 7, 2023, by Prime Minister Albanese during a press conference held outside the Australian Parliament in Canberra , ...

Prime Minister Hon. James Marape expressed his appreciation for the significant progress made in the longstanding relationship between Australia and Papua New Guinea, following the signing of the historic A$200 million (K455 million) Bilateral Security Agreement. The ceremony took place at Parliament House in Canberra, with Australian Prime Minister Hon. ...

TotalEnergies EP PNG Ltd (TEP PNG) as operator of the Papua LNG project, have signed a Memorandum of Understanding with the Papua New Guinea University of Technology (PNG Unitech). The Unitech Scholarship program will be made available in 2024, to Third (3rd) year students from the disciplines of Electrical, Mechanical or Civil Engineering, Applied Phy...

Prime Minister Hon. James Marape extends gratitude to France for their remarkable ‘country package’ commitment of US$100 million (K344 million) dedicated to preserving nature, forests, and mitigating climate impact. Papua New Guinea, boasting the world’s third-largest primary rainforest, holds 7 per cent of the planet’s biodiversity. This innovative ‘c...

Desmond Tsianai, newly appointed Acting Commissioner for the Bougainville Electoral Commission, was sworn into office today. Mr Tsianai was appointed as the acting Bougainville Electoral Commissioner by the Bougainville Executive Council following the untimely passing of the Late Acting Commissioner Mr. Winterford Toreas. Speaking during the swearing i...

“Today, when I received the certificate of the Bougainville Savings and Loan Society and that we now have our very own Society for our people - I believe we can forge our future.” President Ishmael Toroama made this remarks when he received the operating license from the Acting Governor for Bank of Papua New Guinea (BPNG) Mrs Elizabeth Genia this week ...

Prime Minister Hon. James Marape recently shed light on the significant transformation of State-Owned Enterprises (SOEs) since his government assumed office in 2019. Minister Hon. William Duma, the State-Owned Enterprises Minister since 2021, presented a comprehensive 16-page progress report to Parliament on the reform programme to Papua New Guinea’s SOEs...

Prime Minister Hon. James Marape has commended American President Joe Biden and Chinese President Xi Jinping on their latest stand on Climate Change mitigation, made at the APEC Leaders’ Summit in San Francisco. Prime Minister Marape commended the two most prominent leaders of APEC for their firm commitment to migrate from heavy fossil fuel to clean gr...

Prime Minister Hon. James Marape on Thursday (16.11.23) attended an APEC Leaders’ Informal Dialogue and Working Lunch, hosted by the United States President, Joe Biden, at the Moscone Centre, San Francisco. Prime Minister was among leaders of the 20 economies present during the dialogue. Among them were President of the People’s Republic of China, X...

The 21-member economies of the Asia-Pacific Economic Cooperation (APEC) have since progressed meetings on issues concerning the Asia and Pacific regions. Papua New Guinea’s participation in the two-day APEC Ministerial Meeting (AMM) prior to the APEC Economic Leaders’ Week (AELW), highlighted issues concerning not only PNG, but the rest of the Pacific ...

The US Chamber of Commerce (USCC), the world’s largest business federation and biggest lobby group in the United States, will work at helping to find investors for Papua New Guinea, Prime Minister Hon. James Marape was told. USCC Executive Director – South East Asia, John Goyer said this when he met with Prime Minister Marape on the sidelines of APEC L...

Prime Minister Hon. James Marape has met with the United States International Development Finance Corporation (DFC), America’s development finance institution that funds private sector-based projects and businesses right across the world. The Prime Minister met with Scott Nathan, Chief Executive Officer of DFC, in San Francisco on the margins of the As...

Asian Development Bank (ADB) President Masatsugu Asakawa recently announced new, more concessional lending terms for small island developing states (SIDS) to support efforts to meet their infrastructure needs, strengthen social services, and scale up investments in climate adaptation and disaster risk reduction.  Mr. Asakawa made the announcement durin...

The world’s leading gold producer, American gold mining Company Newmont Corporation, will for the first-time feature at the 17th Papua New Guinea Resources and Energy Investment Conference and Exhibition as a Principal Premium Sponsor. The conference will be held on 10-13 December 2023 at the Sydney International Convention Centre under the theme ‘PNG Res...

Prime Minister Hon. James Marape, on Wednesday, November 8, 2023, expressed his heartfelt appreciation to outgoing Australian High Commissioner H.E. Jon Philp for his immensely productive four-year tenure in Papua New Guinea. Mr. Philp, who began his eventful tour of duty in early 2020, marked the conclusion of a tenure that has significantly contributed ...

The Papua New Guinea Chamber of Mines and Petroleum (“The Chamber”) participated in the recently concluded National Development Forum. The Forum, organized by the Consultative Implementation & Monitoring Council (CIMC), brought together stakeholders from across the public and private sectors, as well as civil society and development organizations, ...

The Autonomous Bougainville Government is opening its doors to foreign direct investment from developed nations such as Australia, New Zealand, Japan, China, the United States, and European nations, President Ishmael Toroama said in a statement on 31 October. “The government recently declared Bougainville open for business, but this is a specific call ...