Photo: Remington Group CEO, Peter Goodwin (L) and POMCCI Consultant Brian Riches (R). The Remington Group is proud to announce the launch of its ‘Loyal to Local’ campaign with the support of the Port Moresby Chamber of Commerce and Industry. The core objective of this campaign is to inspire and encourage both business communities and individuals to ...
Photo: Lihir Gold Mine. Photo Credit: Newcrest Mining Limited Website The recently announced acquisition deal between Newmont (NYSE: NEM, TSX NGT) and Newcrest Mining Limited (ASX, TSX, PNGX: NCM) on May 14, 2023, is set to have a significant impact on Papua New Guinea (PNG). The deal involves Newmont acquiring 100% of the issued shares in Newcrest by ...
The Central Provincial Government has facilitated yesterday (18th of May, 2023) at Crown Hotel with a cheque of K280,000 for their 4 districts including their 5083 wards to help improve its communities access basic infrastructure and services through the Rural Service Delivery Project. The Rural Service Delivery Project is sanctioned and implemented b...
Photo: Central Governor Hon. Rufina Peter with representatives of various tertiary institutions holding on to their check payments A timely step has been taken by the Central Provincial Government to relief Central Tertiary Students for its 2023 tuition fees totally at the cost of K3, 456 050 presented to various Tertiary Institutions in the country on...
From mining camps, to health and education facilities, to retail and commercial fit outs, PNGFP’s NiuBuild provides complete project solutions throughout PNG and the South Pacific. In fact, you might be surprised to know that PNG Forest Products is the largest supplier of timber housing & infrastructure projects in the South Pacific. Having delivered ...
Prime Minister Hon. James Marape says the Defence Cooperation Agreement (DCA) between the United States of America and Papua New Guinea does not in any way encroach into the sovereignty of the country. And he has assured Papua New Guineans that all aspects of the DCA will be made available to the public through a Parliamentary Statement that he will ma...
Fishing Industry Association of PNG's Tuna Purse Seine Fishery rated the largest global tuna source of MSC-certified tuna The Fishing Industry Association of Papua New Guinea (FIA PNG) has once more gone beyond its expected boundaries to achieve another milestone for the fishing industry relating to the association’s purse seine fishing method. Purs...
Recently, the European Union Delegation in Papua New Guinea was delighted to have Prime Minister James Marape deliver a speech during the Europe Day reception on the 9th of May 2023 at the Lamana Hotel in Port Moresby. Ambassador Jacques Fradin, the Head of the EU Delegation to Papua New Guinea, stated in his speech: "Papua New Guinea continues to be a...
The advantages of having a second Liquefied Natural Gas (LNG) project in a country like Papua New Guinea is important and strategic in that the people are attached to the land, and they want to feel they are part of the extraction of resources and wealth -- and they can only do that through the development of their customary land. The focus has shifted...
Photo: Pacific Towing towed a replacement 250m oil transfer hose from Port Moresby to an offshore export terminal in the Gulf of Papua in February as part of the terminal’s scheduled routine maintenance. Pacific Towing also towed the replaced transfer hose back to Port Moresby. Pacific Towing (PacTow) is increasingly performing ocean towages, includin...
Photo: Senator Tim Ayres. Credit: Senator Tim Ayres Facebook Page Australia Assistant Minister for Trade and Manufacturing, Senator Tim Ayres, addressed the 38th Australia PNG Business Forum and Trade Expo, highlighting Australia's focus on investing in roads, ports, and electricity in Papua New Guinea (PNG). He stressed the importance of reliable infr...
Photo: Professor Stephen Howes. Credit: Australia National University Papua New Guinea is grappling with a foreign exchange shortage, resulting in higher imports and lower exports, according to economist Professor Stephen Howes from the Australia National University (ANU) Development Policy Centre. Speaking at the 38th Australia-PNG Business Forum and ...
The Wan PNG platform has been moving from strength to strength over the last few weeks as it prepares for its official launch soon. After signing the Memorandum of Understanding between Papua LNG and Kumul Petroleum Holdings Limited, the platform has now been presented at a number of events such as the recently organised Port Moresby Chamber of Commerc...
Photo: The apprentices and OTML Training Centre Staff at the indenture signing Thirty-seven (37) new apprentices have joined Ok Tedi Mining Limited’s (OTML) Apprenticeship Training Program, bringing the total number of apprentices currently undergoing the program to 73. The first-year apprentices signed their Indenture Contracts with OTML and the Na...
Photo: Minister Leonard discussing importance of Sports Tourism during a meeting with Australian Rugby League senior executives Minister for Tourism, Arts and Culture Hon. Isi Henry Leonard is impressed about the initiatives taken by PNG Tourism and Promotion Authority (PNGTPA) to help promote Papua New Guinea as a tourist destination. PNGTPA in...
Photo: Minister for Tourism Arts and Culture Hon. Isi Leonard, Australian NRL player Justin Olam and CEO of the PNG Tourism Promotion Authority Eric Uvovo Papua New Guinea rugby league icon and Australian NRL Melbourne Storms star centre Justin Olam is officially the PNG Tourism Promotion Authority’ s tourism brand ambassador. The formal announcemen...
Photo credit: Australia Papua New Guinea Business Council Hon. Richard Maru, Minister for International Trade and Investment, in his keynote address on the 16th of May at the 38th PNG-Australia Business Forum and Trade Expo at Hilton Hotel Port Moresby, said Papua New Guinea's trade was always in favor towards Australia. “For the last 47 years, trad...
United States President Joe Biden has canceled his visit to Papua New Guinea, citing the need to focus on debt limit talks in Washington. While security arrangements for other leaders, including India's Prime Minister Narendra Modi, were already in place, Biden's visit has been called off. He was scheduled to arrive in Port Moresby on Monday afternoon, si...
Photo: (L-R) President Anthony Smaré – PNG Chamber of Mines and Petroleum, Paul Hueper – Director of Energy and Mineral Programs for the Bureau of Energy Resources, US Department of State with his colleagues on the right, and MRA’s Managing Director Jerry Garry (centre) at the Prospectors & Developers Association of Canada (PDAC) in Toronto, Canada ea...
Photo: Students from Tabubil International School with OTML Safety Mascots PITA and SES after a Road Safety Awareness. Ok Tedi Mining Limited (OTML) staged a week-long awareness campaign in all its operational sites, of Fubilan/Folomian, Tabubil, Kiunga, Bige and Port Moresby focusing on ‘Light Vehicles and Mobile Equipment Safety’ during its National ...
Photo: Prime Minister Hon. James Marape, speaking during the recent PNG Special Economic Zone (SEZ) Summit 2023. Photo credits: International Trade and Investment Ministry of PNG Ways to increase competitiveness through global best practices and drive economic growth were the main high in Papua New Guinea's Special Economic Zones (SEZs) Summit as well ...
Geopolitics in the Indo-Pacific region Looking at the Indo-Pacific region, observers came to realise that creating ties to it was quite a significant bilateral topic for developed democracies before Russia invaded Ukraine. Suddenly, these global economies shifted preferences and drew all their attention back to Europe. Within this period when concen...
Photo credit: Post Courier The National Trade Office (NTO) has recently unveiled Papua New Guinea's inaugural National Trade Portal and the Export Readiness Assessment Guidebook, which have garnered significant praise as vital resources for accessing trade information. These initiatives aim to provide small and medium enterprises (SMEs), traders, and ...
Prime Minister James Marape recently announced that the Foreign Affairs Minister, the Honorable Justin Tkatchenko has stepped aside from his Ministerial portfolio with immediate effect. This followed public uproar after a tiktok video from his daughter Savannah Tkatchenko was circulated widely on social media. The Minister’s defense of his daughter dre...
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