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The long-awaited realization of quality services from the government has seen a real estate boom mainly from property owners in the Small to Medium Enterprise Sector (SME) in the Moresby South electorate of NCD. A rapid transformation from the shanty colonial suburbs to a modern looking electorate has created an abundance of opportunities for property own...

Treasurer Ian Ling-Stuckey is dismayed at how the 2022 National Elections were conducted and is now looking forward to a complete review of the allocated funds that were spent on the elections. Ling-Stuckey recently stated in parliament that the government had allocated and funded enough money for the election process to be conducted this year. “We ...

One of the most important issues that is currently affecting lives of low-income earners in Papua New Guinea is Inflation. This vital issue needs to be seriously addressed and implemented by the new government under the leadership of Prime Minister, James Marape and his Deputy, John Rosso. Treasurer Ian Ling-Stuckey recently passed the supplementary bu...

On Papua New Guinea’s Independence Day last Sept. 16, Acting Prime Minister John Rosso assured heads of government, departmental heads, the diplomatic corps, and the country that the government is better and well prepared to deliver services to the people. During his inaugural independence speech as Acting Prime Minister, Mr. Rosso said: “We are not th...

Picture: Minister for International Trade and Investment, Hon. Richard Maru and the Chief Trade Officer from the National Trade Office, Mr. Richard Yakam in Tokyo, Japan Papua New Guinea Minister for International Trade and Investment,  Richard arrived in Tokyo, Japan over the weekend as part of the delegation who will be representing Papua New Guinea ...

Photo credit: James Marape News Page Prime Minister James Marape was pleased with the outcomes of the engagement of Pacific Leaders with the United Nations Secretary-General, Antonio Guterres and the General Assembly 77th session General Debate. Prime Minister Marape recently attended his final meeting at the United Nations General Assembly annual w...

Prime Minister Hon. James Marape says Papua New Guinea can become a food supplier to the world with its abundance of land and sea. PM Marape, when addressing the 77th United Nations General Assembly (UNGA) in New York on Friday (April 23, 2022), invited new international development partners to work with PNG in the agriculture sector, particularly in d...

To show its commitment to a trade deal with Indonesia, PNG will, according to International Trade and Investment Minister Richard Maru, attend the Trade Expo Indonesia (TEI) 2022, which will be held next month. Maru said it was appropriate given a recent declaration to make commerce with Indonesia a priority and that he had received an official invitat...

The potential benefits of an extended labour mobility programme between the two countries have been emphasised by Treasurer Ian Ling-Stuckey and his Australian colleague Jim Chalmers. The doors would be open through Australia's recently expanded labour mobility policies, according to Mr. Ling-Stuckey, if people in PNG opted to travel and fill some of t...

PRIME Minister Hon. James Marape recently (20/09/22) paid a courtesy visit to John Swire of John Swire & Sons Ltd, the principal shareholder and parent of Papua New Guinea’s oldest company – Steamships Trading Company. The meeting with John Swire & Sons at their London head office, was to thank the shareholder for keeping their investments goin...

Photo credit: Sam Moko Prime Minister James Marape has ordered officials to halt the issuance of new logging licences until the 205 active ones have undergone "a comprehensive stock-take." “We want to make more money for our country but at a sustainable rate,” he said during a visit to the PNG Forest Authority office in Port Moresby. “This sector...

Photo: Richard Maru According to Richard Maru, the minister for international trade and investment, the feasibility study for a free trade agreement with the People's Republic of China should be carried out before the end of the year. Maru reiterated PNG's commitment to a potential free trade deal with China during a meeting he conducted with Chen J...

The newly formed Papua New Guinea Parliamentary Election Committee has received the backing of the New Zealand Government in order to handle election-related concerns that arose during this election. This was said by Nanaia Mahuta, the minister of foreign affairs for New Zealand, at a news conference that both nations held in Port Moresby. In order ...

Prime Minister Hon. James Marape recently (September 13, 2022) announced 12 Vice-Ministerial allocations, in line with his Government’s focus on ‘Growing the Economy’ and ‘Strengthening Internal Security’. He made the announcements before he left for London to attend the funeral service of Queen Elizabeth II. Of the 12 Vice-Ministers, four will be d...

The economy in Papua New Guinea is forecast to expand by four percent in 2022, up from one percent in the previous year, according to the latest World Bank Economic Update, released recently. This return to growth following a sharp contraction of -3.5 percent in 2020 was mostly driven by strong performance in the non-extractive sector, with agriculture be...

Photo: PM Marape speaking during the launching of the K130 million Paga Hill Paradise project in Port Moresby Prime Minister Hon. James Marape has welcomed foreign investors into Papua New Guinea, as he launched the K130 million Paga Hill Paradise project in Port Moresby recently (September 8 2022). He said the 22-storey luxury apartments project, b...

Photo credit: The Statesmen According to India's High Commissioner Inbasekar Sundaramamurthi, Papua New Guinea exports to India five times more than India does to PNG. “This means the balance of trade is in (PNG’s) favour,” he said. According to Sundaramamurthi, India and PNG had bilateral trade of about $427 million (K1,471.13 million). Aroun...

According to International Trade and Investment Minister Richard Maru, the construction cost of the Pacific Marine Industrial Zone (PMIZ) project in Madang may be close to K1 billion. Maru stated that although the government had set out roughly K70 million for the project, it might not be sufficient. “We are going to make sure that PMIZ is going to ...