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According to the Independent Consumer and Competition Commission (ICCC), wholesale price reductions in internet broadband services are not passed on to consumers. According to a statement, the telecommunications industry has undergone a progressive transition, with a number of internet service providers (ISP) now engaged in the retail end of the busine...

The Marape government is pushing for Papua New Guinean school graduates to be recruited and educated as construction welders and tradespeople. Hon. Prime Minister David Cameron Instead of introducing thousands of immigrants to do tasks that locals can accomplish, James Marape believes this should be done. He alluded to the PNG LNG Project's building...

At the World Expo 2020 in Dubai, Papua New Guinea's Department of Information and Communication Technology inked a memorandum of agreement with Estonian tech business Cybernectic. Steven Matainaho, Secretary of the Department of Information and Communication Technology, signed the MoU with Cybernectic's head of business development, Kevin Tammearu, whi...

Photo credit: Mayur Resources - Project Locations Mayur Resources Limited (ASX:MRL), via its 100% owned subsidiary Mayur Renewables PNG Limited (MR), has been granted its first forest carbon concessions in PNG, demonstrating material progress on its commitment to achieve “net zero” carbon emissions for its nation building import displacement projects, ...

Photo credit: Midday Dr Asif Iqbal, President of the Indian Economic Trade Organization, greeted HE Paulias Korni, High Commissioner of Papua New Guinea, and reiterated the two countries' commitment to a strong collaboration. In India, there is a lot of interest in Papua New Guinea, a country with a lot of potential for bilateral trade in oil, gas, and...

Photo: James Marape Prime Minister Hon. James Marape recently announced a Cabinet reshuffle with six portfolios being rotated. This is in the wake of Deputy Prime Minister and Commerce and Industry Minister Hon. Sam Basil and Defence Minister Hon. Solan Mirisim being restored back to full office by their respective leadership tribunals recently. ...

Photo Credit: PNGI Central  The Madang Chamber of Commerce and Industry (MCCI) has proposed a joint venture between the private sector and the government to build the Pacific Marine Industrial Zone (PMIZ) project in Madang. Kevin Murray, president of the Chamber, believes the project will be unlikely to be funded entirely by the government. In th...

Photo credit: Ry Crozier - Telstra The Independent Consumer and Competition Commission (ICCC) ruled that Telstra's planned acquisition of Digicel PNG would not impair competition in the telecommunications industry, thus the deal is likely to go forward. Members of the public can still offer their opinions, which will be taken into account, according...

Photo credit: Ok Tedi Mining - Part of the Tabubil/Telefomin road currently under construction is one of the TCS funded projects. Ok Tedi Mining Limited (OTML) has signed a PGK50 million project agreement to commence the upgrading and sealing of the Kiunga-Tabubil Highway.  The agreement was signed today (11th January 2022) in Port Moresby between O...

Photo credit: PNGEITI - Lucas Alkan Papua New Guinea’s prominent petroleum company, Oil Search Ltd merger into Santos has been welcomed by the PNG Extractive Industries Transparency Initiative (PNGEITI).   PNGEITI hailed the merger as a milestone achievement for both companies who are prominent and competitive players in the PNG petroleum space.   ...

World Bank and UNICEF surveys of Papua New Guinean families have found that while levels of employment, access to education and healthcare remained relatively stable from January to June 2021, 93% of households in PNG had used at least one economic coping strategy since the beginning of 2021, and 40% had used five or more coping strategies. According t...

The Autonomous Bougainville Government has approved a budget of nearly K500 million for the fiscal year 2022. The 'One Post Referendum Budget' was the topic of the 2022 ABG Budget, which was presented in parliament by ABG Minister for Treasury and Finance Hon. Salas, Mathias “The budget directly addresses all priorities that the ABG has set towards ...

The third Papua New Guinea-Australia Annual Leaders' Dialogue was conducted virtually on December 8, 2021, between Prime Minister Scott Morrison and Prime Minister James Marape. The two Prime Ministers recognized the fundamental importance of the bilateral relationship between Australia and Papua New Guinea, as well as our shared interests in a safe, s...

CEFI Executive Director Saliya Ranasinghe (3rd from left), Bank of PNG Assistant Governor Ellison Pidik (4th left) and AOR / Development Assistance Specialist, USAID Julie Hulama and Maurice Knight (Cardno LGP Chief of party) with the signed financial inclusion partnership documents. The Lukautim Graun Program (LGP) — funded by the United States Agency...

During his official visit to West Sepik, James Marape inaugurated a number of impact initiatives. PM Marape described his visit as a watershed moment, not only for the official opening of the new West Sepik Provincial Administration Building but also for the announcement of other significant projects. “I want to acknowledge the leadership of the Gov...

By the year 2030, Papua New Guineans could anticipate decent healthcare services "within an hour's reach" across the country, according to Prime Minister Hon. According to James Marape. As he summarized the National Health Plan 2021– 2030 before unveiling it in Port Moresby, the Prime Minister gave this command to the Department of Health, namely the H...

Photo credit: Share GK - Flickr The Asian Development Bank (ADB) has welcomed the publication of the Kumul Consolidated Holdings Authorisation (Amendment) Act 2021 in Papua New Guinea’s (PNG) National Gazette, a key step in efforts to reform governance, increase transparency, and improve the performance of the country’s state-owned enterprises (SOEs). ...

Senator Zed Seselja, Australia's minister for international development and the Pacific, said the Australian government will continue to engage with Papua New Guinea to reopen borders and normalize commerce and trade. Seselja addressed the 2021 PNG Mining and Petroleum Conference and Exhibition yesterday that the government has received about AU$340 mi...