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Photo: PM Marape and Secretary Blinken during a recent bilateral meeting Prime Minister Hon. James Marape has invited the United States of America to invest in downstream processing in Papua New Guinea, especially in fisheries. He made the invitation to US Secretary of State, Antony Blinken, during their bilateral meeting on the sidelines of APEC 20...

Photo: Deputy PM Hon John Rosso The Government plans on implementing a affordable land and housing program in the market to alleviate housing issues for middle and low income earners in the country's urban areas. This was stated by Deputy Prime Minister Hon John Rosso in light of questions raised by the media in relation to the recent evictions on sett...

Minister for International trade and Investment and MP for Yangoru-Sausia in the East Sepik Province, Hon. Richard Maru announced that his district headquarters in Yangoru station will be upgraded to a town. “We are determined to develop a new town plan and start putting a new shopping Centre within the Yangoru station to have it transformed into a tow...

Photo: James Marape Prime Minister James Marape has directed the Chairman and Managing Directors of all State-Owned Enterprises to run their sectors as private businesses. PM Marape made this directive when speaking at the K80m dividend cheque presentation by Kumul Consolidated Holdings to the State last Thursday. He said this will signify greater p...

Photo: Manus Acting Provincial Administrator Mr. Oka Nungu and IPA Managing Director Mr. Clarence Hoot proudly showing the signed MOUs after the signing. The Investment Promotion Authority (IPA) has signed a Memorandum of Understanding (MOU) with the Manus Provincial Administration (MPA). The MOU paves way for the Manus Provincial Administration to ...

Photo: Clarence Hoot The Investment Promotion Authority (IPA) delivered a stakeholder awareness and training workshop for the New Guinea Islands Region in Kokopo from 27th – 28th October 2022. The awareness was geared towards training and building the capacity of New Guinea Islands Provincial Commerce Officers and Business Development Officers from the...

Photo caption: L-R: Emanuel Bria, Country Officer – Asia, Mark Robinson EITI Executive Director and Lucas Alkan Head of PNGEITI National Secretariat during a press conference held on the last day of the mission, Friday November 11, 2022.  ​​​​​​​ An EITI International mission led by its Executive Director Mark Robinson to Papua New Guinea concluded tod...

From left to right EITI International Executive Director Mark Robinson, EITI International Director for Asia and the Pacific and the Country Lead for Papua New Guinea Mr. Emmanuel Bria and PNG EITI Head of National Secretariat Mr. Lucas Alkan at the press conference.  EITI International team comprised of the EITI Executive Director Mark Robinson, EITI ...

Photo credit: ANU Despite major setbacks faced by many economies of Island Nations throughout the Pacific due to the global Covid-19 pandemic and the Ukraine-Russian war from 2019 to 2021, a recent study and report released by the Australian National University (ANU) shows that PNG's Gross Domestic Product (GDP) has been progressing well compared to ot...

Prime Minister Hon. James Marape recently stated that Papua New Guinea spends a massive K2 billion-plus on importing food every year, some of which can be easily grown and produced in the country. He said this when announcing that the two major focuses of his government were internal security and growing the economy. “More control of the prevailing law...

Minister for International Trade and Investment Hon. Richard Maru said Australia must refocus and align their priorities to Papua New Guinea’s preferences. He was referring to the Papua New Guinea - Australia Comprehensive Strategic and Economic Partnership, specifically the Pillar 3- Economic Partnership for Prosperity. Minister Maru said this in his ...

Photo: Hon Justin Tkatchenko & Korean ambassador to PNG, KANG Ho-jeung Foreign Affairs Minister, Justin Tkatchenko has announced the proposed plans for South Korean investments which will include the re-establishment of the Korean International Corporation Agency (KOICA) and establishment of the Ocean and Fisheries Corporation Centre (OFCC) in Port...

Photo credit: PM James Marape News Page Prime Minister Hon. James Marape says the Government is investing in key infrastructure development such as the K125.7 million Kavieng Airport Development. He said this on Thursday, November 3, 2022, when opening the project which he launched in June 2020, built through the Asian Development Bank (ADB)-funded ...

Photo credit: Post Courier The American Embassy in Port Moresby has called on the Ministry of International Trade and Investment expressing their strong interest to work with the Ministry to bring in more foreign direct investments from the United States to Papua New Guinea. American Embassy in Port Moresby Charge d'Affaires Joseph Zadrozny stated t...

Papua New Guinea faces competition for technical workforce as the government pushes ahead with projects in the mining, petroleum and gas resource sector in 2023 onwards. Projects like Wafi-Golpu, Papua LNG, Porgera, and P'nyang are some of the ones that are likely to get off the ground, according to Richard Kassman, Senior Vice President of the PNG Cha...

The recent PNG Industrial and Mining Resource Exhibition and Conference that was held in Port Moresby recently for two consecutive days had a positive turnout by exhibitors as well as representatives and attendees from different companies and businesses in the industrial & mining sector when they showcased their various products and services to potent...

The Office of PNG Cooperatives Society were recently presented a cheque of K100,000 by Minister for Commerce and Industry and MP for Sohe in Oro Province Hon. Henry Jons Amuli on behalf of his Sohe District Development Authority to be presented to Oro Kaiva Coffee Growers Cooperatives (OKCGC). During the presentation Hon. Henry Jons Amuli said Building...

Photo credit: United Nations The likelihood that Papua New Guinea won't achieve its 2030 Sustainable Development Goals Agenda is increased by figures indicating a drop in world food production. Bir Mandal, the country representative and head of the office for the Food Agriculture Organization (FAO), noted that in only two years, the number of people...