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Photo: Richard Maru. Credit: Richard Maru Facebook Page Richard Maru, the minister of foreign trade and investment, says he is eager to promote trade and investment with Indonesia. “Our people go to the border to trade with Indonesia. There is big trade happening there, but our two governments have not made the time to enter into a formal trade and ...

Prime Minister Hon. James Marape says the Commission of Inquiry (COI) into the K722 million Sale and Purchase of Motukea Wharf in Port Moresby is part of the Government’s efforts to ensure that processes and procedures that are in place are observed in such major transactions. He also announced that the Government had taken steps to enforce recommendat...

PNG Customs services and Bank of Papua New Guinea today launched a Joint initiative cross border movement currency valuables form (CMCV) in Port Moresby, it is a mandatory document for all international travelers that will be implemented starting on the 1st of December, PNG Customs ramped up its services and have developed a standard operating procedur...

Photo: Deputy Prime Minister John Rosso  Deputy Prime Minister John Rosso has said that the 2023 National Budget will focus on law and order to ensure confidence in economic development activities. Mr Rosso who is also the Lands and Physical Planning Minister further hinted during grievances debate in Parliament. He said the budget will also focu...

Photo: Treasurer Ling-Stuckey delivers the 2023 Budget in Parliament today. Picture courtesy of PARLIAMENT MEDIA Prime Minister Hon. James Marape says the K590 million in cost-of-living relief, provided for in the biggest-ever K24.567 billion 2023 Budget handed down recently (November 29, 2022) by Treasurer Hon. Ian Ling-Stuckey, shows that it is a “Pe...

The Port Moresby Chamber of Commerce and Industry (POM CCI) held its 67th Annual General Meeting at the Lamana Hotel on the 24th of November 2022 , present to witness the occasion were its members, executives and various stakeholders.  The meeting was officially opened by the President and Master of Ceremony Mr. Rio Fiocco who gave his opening remarks ...

Photo: PM Marape and Chinese President Xi Jinping before their bilateral meeting in Bangkok, Thailand, on the sidelines of APEC 2022. Prime Minister Hon. James Marape says Chinese President Xi Jinping has given him an undertaking to buy more or all that Papua New Guinea produces. The undertaking was made during a bilateral meeting between President ...

The office of censorship has finally launched its Corporate Censorship Plan 2022 to 2026 in Port Moresby recently. In launching the plan, Community development Youth and Religion Minister, Hon Jason Peter said the document was important as it focuses on the organisations capacity and it will help them to implement ‘The National Censorship Policy II’ to...

Photo: National Development Bank Head Office The National Development Bank (NDB) in partnership with the Sohe District has launched its Small to Medium Enterprise (SME) credit scheme program, last week in Oro, Northern Province. Member for Sohe and Minister for Commerce and industry, Henry Amuli, together with executives of The National Development ...

Photo: Kavieng Airport Minister for Treasury Ian Lin-Stuckey has stated that the upgrade of Airports in the Country is Vital for Papua New Guinea's Development. “I was honoured that Prime Minister James Marape opened the Kavieng Airport upgrade.  This was a historic day for Kavieng, making for safer and better linkages to the rest of PNG and the wor...

Since taking Office in 2019 and continuing his tenure as the Prime Minister after the recent elections, Hon James Marape has always been adamant about connecting the whole of Papua New Guinea through a road network that links the whole nation. Prime Minister Marape continues to be vocal about the Connect PNG Program of which his government has already ...

Minister for Tourism arts and Culture, Hon Isi Henry Leonard said the culture and creative industry in Papua New Guinea is an untapped industry and a sleeping giant. The Minister made a bold statement pointing out that the industry can also contribute immensely to the country’s economic growth. “Besides, we have so much to offer especially in tourism i...

Photo credit: Shuttershock The government rating's outlook has been improved by Moody's Investors Service from "negative" to "stable." The move from negative to stable is attributed to "a stabilisation in the Government's debt load coming in part from the positive terms of trade shock from better global prices for Papua New Guinea's commodities expo...

The Queensland government through the Ministry of Treasurer and International Trade and Investment will be appointing a Queensland Trade Commissioner for the Pacific by next year 2023. This is part of the Queensland government’s effort in strengthening the trade, economic and relationship that exists between Papua New Guinea and Queensland. Queensla...

Photo credit: Papua New Guinea Today The Papua New Guinea Independent Commission Against Corruption (ICAC) launched its Anti-Corruption and Integrity Strategy 2023-2025 in Port Moresby recently. The two-year Strategy is a roadmap for combating corruption within ICAC. The document is an outcome of a Memorandum of Understanding between ICAC and its...

As a result of climate change, international crime, and tax evasion, Pacific Island nations must continue to collaborate in order to solve security challenges. David Towe, the Chief Commissioner of PNG Customs, made this statement at the fourth Joint Heads of Pacific Security conference in Fiji. According to him, it was necessary to utilise the regi...

ransparency mechanisms built into the topical Papua New Guinea Sovereign Wealth Fund (SFW) will enable an effective functioning of the fund, according to the PNG Extractive Industries Transparency Initiative. PNGEITI welcomed the announcement of an initial injection of K5.6 million into the fund making it operational more than five years after the enac...

EU-STREIT PNG, in collaboration with local partners and government agencies, trained 1375 farmers, including women and youths, in the Sepik River area of Papua New Guinea on best cocoa farming techniques and on gender inclusion in agriculture development and financial literacy skills. The FAO-led EU-STREIT PNG Programme continues to provide learning op...