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Prime Minister Hon. James Marape has welcomed the news by Steamships Trading Company to diversify further through a partnership with his government in the downstream sector. He made this known after meeting the company's Managing-Director Rupert Bray and General Manager Corporate Affairs Vele Rupa in Port Moresby this week. The Port Moresby meeting ...

Photo credit: SME Corporation Facebook Page A Corporate Audit Team had been recently launched and put in place by The Small and Medium Enterprise Corporation (SMEC) in Port Moresby. SMEC’s Director for Corporate Affairs, Rodney Sumale said the audit committee has been created purposely to help the Office of Internal Audits & Compliance in ensuring ...

Photo: John Rosso ​​​​​​. Credit: EMTV  In response to a question asked by a reporter regarding the Government’s stance on the lock down of prime government buildings, Deputy Prime Minister and Minister for Lands and Physical Planning Hon. John Rosso stressed that the issue of unpaid rentals that the Government is currently facing were aggregated amoun...

According to Australia's consul general Mark Fox, the country is contributing more than K1 billion to the development of Morobe's port and road infrastructure. According to Fox, investment in the industries was essential to propel the economy because of the province's contribution to PNG's economic growth. Australia is dedicated to providing high-qu...

Photo: Markham Valley, Morobe. Credit: PNG Facts According to Australian consul-general Mark Fox, the Australia-Papua New Guinea collaboration would concentrate on developing PNG's non-resource sector through a variety of initiatives. “While we know that growth in the resources sector in 2022 is expected to be strong at 2.6 per cent, the non-resourc...

Photo: James Marape Prime Minister Hon. James Marape recently (October 11, 2022) welcomed the latest World Bank report on Papua New Guinea. The latest World Bank Economic Update released last month says the economy in PNG is forecast to expand by 4 per cent in 2022, up from 1 per cent in the previous year. This return to growth following a sharp ...

As part of showcasing business opportunities in Papua New Guinea and what local business has to offer , two local woman entrepreneurs were given the opportunity to present their Small to Medium Enterprise and they included "Apo Meri" and "Devine Management Services" at the European- PNG Business, Trade, and Investment Conference from the 11-12 of October....

Photo: Mr. Chey Scovel from the Manufacturers Council of PNG speaking in front of the others panelists. Panelists at the Third European-PNG Business, Trade and Investment Conference on the 10th of October, 2022 at Apec Haus Port Moresby, speaking on the topic of "Navigating the business environment - the impact of the regulatory framework for business,...

Photo: Children at Baruni Dump, Port Moresby Key priority areas to be overviewed by Education Department Papua New Guinea’s Education system has suffered from a number of policy shifts, drastic changes in curriculum and under resourcing over the years. The free education policy has succeeded in increasing the number of students attending schools, ho...

The Papua New Guinea Trade Union Congress (PNGTUC) and its affiliated women members have made a call to the Government to continue to remain intact to protect and promote the same solidarity and consistency shown during the unopposed election of Prime Minister James Marape and Speaker of Parliament Job Pomat when the 11th parliament rose to elect these tw...

Port Moresby based Security Services Company DEXSS Limited has recently launched a new rideshare service incorporating a smartphone application that is set to change the way people move around Papua New Guinea. The app called “DEXSS PNG” assimilates a fleet of vehicle owner drivers who can use their personal vehicles to taxi people around their local a...

Photo credit: Shane McLeod Former National Fraud Director for the National Fraud and Anti-Corruption Directorate, Mathew Damaru said the lack of cooperation between government agencies has led to a halt in prosecutions of over 500 money laundering cases resulting in suspects still hijacking millions of kina from stolen public assets. “There is outst...

Photo: James Marape The Prime Minister has vowed to bring out past Commission of Inquiry (COI) reports and prosecute suspects recommended by these reports. These COI reports include the Union Bank of Switzerland (UBS) Loan inquiry, Department of Finance Inquiry, The inquiry into the Moti Saga, The national Provident Fund inquiry (Nasfund) and The Parak...

Photo credit: Papua New Guinea Customs Facebook Page  A total of K7.4 million in duties (taxes) and penalties (fines) have been recouped from enforcement operations by the PNG Customs Services. With a new direction, reform and approach the efficient recovery process was a result of the tireless efforts shown by the Customs enforcement team. The enforce...

Photo: International Trade and Investment Minister Richard Maru (left), PM Marape and East Sepik Governor Allan Bird meeting with executives of leading Japanese company Sojitz Corporation in Tokyo Department of International Trade and Investment will be a “one-stop shop” for all large foreign investments in Papua New Guinea, according to Prime Minister...

Photo: PM Marape and the PNG team in discussion with Dr Kobayashi in Tokyo Prime Minister Hon. James Marape has given the green lights to Japanese think tank Japan Development Institute (JDI) to help develop a new Special Economic Zone (SEZ) Master Plan for the country and work with partners like the Asian Development Bank (ADB), Japan International Co...

Photo: PM Marape meeting with Japanese PM Kishida in Tokyo Prime Minister Hon. James Marape says he is privileged to have met Japanese Prime Minister Hon. Fumio Kishida in Tokyo today (Tuesday, September 27, 2022) before the state funeral of former Prime Minister Shinzo Abe. PM Marape, one of many world leaders attending Abe’s funeral, had a bilater...

Photo credit: ADB Masatsugu Asakawa, the president of the Asian Development Bank, and Treasurer Ian Ling-Stuckey recently met in Manila, Philippines. Following this meeting, Treasurer Ling-Stuckey stated that the ADB has been PNG's largest and most dependable multilateral aid donor, having contributed approximately $US4.26 billion (K15 billion) in a...