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Photo credit: Post Courier  The National Trade Office (NTO) has recently unveiled Papua New Guinea's inaugural National Trade Portal and the Export Readiness Assessment Guidebook, which have garnered significant praise as vital resources for accessing trade information. These initiatives aim to provide small and medium enterprises (SMEs), traders, and ...

Prime Minister James Marape recently announced that the Foreign Affairs Minister, the Honorable Justin Tkatchenko has stepped aside from his Ministerial portfolio with immediate effect. This followed public uproar after a tiktok video from his daughter Savannah Tkatchenko was circulated widely on social media. The Minister’s defense of his daughter dre...

Photo: PM Marape and Acting Minister for Commerce and Industry Hon. Soroi Eoe with the National Gold Bullion Policy 2023.-PM’s Office Media Prime Minister Hon. James Marape says the landmark National Gold Bullion Policy 2023 complements his Government’s vision to fully industrialise the economy. He said this on May 12, 2023 when launching the compre...

Photo: PM Marape meeting with the Korean delegation on Friday.-PM’s Office Media Prime Minister and Acting Foreign Affairs Minister Hon. James Marape says relations between Republic of Korea and Papua New Guinea are “very important”. He said this was exemplified by trade between the two countries worth worth US$1.8 billion (K6.33 billion) in 2022, a...

Photo: PM Marape in discussions with Indian High Commissioner to PNG H.E. Imbasekar Sundaramurhti and Chief Liaison Officer H.E. Visvas Sapkal.-PM’s Office Media Prime Minister and Acting Foreign Affairs Minister Hon. James Marape says Papua New Guinea is ready to host Indian Prime Minister Hon. Narendra Modi from May 21-22. He said this after a hig...

After years of neglect, the Central Governor's office of Central Province has been renovated under the leadership of Central Governor Honorable Rufina Peter. The inauguration took place on May 5th, 2023, at the Central Provincial Government office in Konedobu. "When I first took office, the two places that I inspected were the Governors office of Centr...

Photo: Mrs Iarume with RJI Manager Pat Niuni at the Aumbi lodge. In a district, so fragmented by lawlessness and an absence of government service and community leadership, few individual leaders in Porgera who have been on the ground trying to maintain hope for the people are now feeling that glimmer of hope begin to diminish as community and local sta...

Photo: PM Marape with International Trade and Investment Minister Hon. Richard Maru and Vice-Minister Hon. Kessy Sawang at the launch of the SEZ Summit on Sunday night.-PM’s Office Media Prime Minister Hon. James Marape says “a sustainable economy is a diversified economy”. He said this on Sunday (May 7, 2023) night when opening the three-day Papua ...

The Honorable Minister for International Trade and Investment, Richard Maru, MP, announced recently that the Marape Government has made a historic decision to establish for the first time, the National Trade Commission Service, starting with establishing eight new Trade Missions around the world this year with the first Trade Mission to be established in ...

The Autonomous Bougainville Government has called on the Papua New Guinea Government to consider a special economic zone from Bougainville as it prepares to host its international summit on Special Economic Zones next week. ABG Acting President Hon. Patrick Nisira made the call in a media conference yesterday where he also announced an open invitation ...

Photo: BSP Group General Manager for Corporate Banking Peter Beswick “Business sentiment is robust following the announcement of the Papua LNG project reaching the front-end engineering and design (FEED) phase and Porgera’s resumption progress announced by Barrick CEO in early April,” according to the BSP Quarter 1 2023 Economic Insight report. BSP’...

The PNG Chamber of Mines and Petroleum (“The Chamber”) has confirmed its council and executives for its next term at its 35th Annual General Meeting held at the Hilton Hotel in Port Moresby last week. President for the Chamber Mr. Anthony Smaré and Senior Vice President- Mr. Richard Kassman (Total Energies) were re-elected unopposed. Vice President Philip...

Photo: PM Marape in a previous meeting with President Biden last year. Prime Minister Hon. James Marape says Papua New Guinea is ready to receive both US President Joe Biden and Indian Prime Minister Hon. Narendra Modi next month (May). PM Marape said this recently (Saturday, April 29, 2023) after the White House officially confirmed today that Pres...

John Rosso, Deputy Prime Minister of Papua New Guinea and Minister for Labour and Immigration, on Friday 21st April announced the reactivation of the multiple-entry component for the short-term business visa for holders of eligible passports. Mr Rosso said the duration of the multiple business visa is 12 months with a 60-day maximum duration for each v...

Photo: BSP Group CEO Mark T. Robinson According to the Pacific Economic & Market Insight report, the US$10 billion (K35.2 billion) Papua LNG project is expected to complete the FEED phase in Q4-2023 or Q1-2024, by when the final investment decision (FID) is expected. BSP Group Chief Executive Officer Mr. Mark Robinson said, “The project represen...

Photo: Bank of Papua New Guinea Acting Governor  Mrs. Elizabeth Genia and Chief Secretary Ivan Pomaleu with CEO’s from nine financial institutions during the launching of the NFIS 2023-2027.  The third National Financial Inclusion Strategy 2023-2027 was launched at the Hilton Hotel on 25th April, 2023 by the Chief Secretary Ivan Pomaleu, OBE.   The ...

Photo credit: AG Energy Limited At the recent launch of the Edevu Hydropower Development, Chinese Ambassador to PNG, Zeng Fanhua, expressed that Prime Minister James Marape has expressed his hope to attract more Chinese enterprises to invest in PNG, which China actively supports to contribute to PNG’s economic development. The ambassador also stated th...

Prime Minister Hon. James Marape has called on all his Ministers, Government Departments and Agencies “not to waste time” when it comes to delivering key impact projects. The Prime Minister sounded this message in no uncertain terms when launching the Edevu Hydropower Reservoir Impoundment at Edevu in Koiari, Central, on Friday, April 21, 2023. The ...