Photo credit: PM James Marape News Page - Treasurer Ling-Stuckey tabling the 2022 Budget Prime Minister Hon. James Marape has welcomed the tabling of the record K22.175 billion 2022 Budget by Treasurer Ian Ling-Stuckey in Parliament. He said it would help Papua New Guinea on the path to economic recovery as well as support successful delivery of the...

Photo credit: PM Marape News Page - Works Minister Hon. Michael Nali introducing the Bill in Parliament. PRIME Minister Hon. James Marape has today welcomed the passage of the Connect PNG (Funding and Implementation Arrangements) Bill 2021. The Bill, passed with a vote of 78-5 by a largely unanimous House, will see to the actioning of the Marape Gov...

Photo credit: PNGX The chairman of the PNG Stock Exchange (PNGX), David Lawrence, stated that total transaction figures on the PNGX decreased last year. The 12 listed firms had a combined market capitalization of K91.89 billion. PNG Air Ltd, he added, was still suspended for failing to present audited financial statements. Niuminco, a mining e...

Photo credit: The Christensen Fund - Markham Valley Agriculture development in the Markham and Ramu valleys of Papua New Guinea's Morobe Province, according to the International Finance Corporation, might result in significant economic advantages. The International Finance Corporation (IFC), which is part of the World Bank Group, has teamed together...

The government intended to implement downstream processing, according to Forestry Minister Walter Schnaubelt, with an emphasis on boosting forestry and plantation. Schnaubelt recently stated in West New Britain that as part of the government's plan to reclaim the forestry sector, investors would only be awarded 50% of export licences. “The new permi...

Prime Minister James Marape stated that the State Negotiating Team is now working on a gas agreement for P'nyang. Following the State Negotiating Team's recent travel to Houston, Texas, Ivijitari Member Richard Masere asked Marape to offer an update on the Papua and P'nyang gas projects. Masere inquired whether the Prime Minister could offer an upda...

Photo credit: Ok Tedi Mining - Manager Mine Maintenance, Mek Kelly. Ok Tedi Mining Limited (OTML) is proud to announce the recent appointment of a national to lead the Mine Maintenance Department within its Mining Business Unit. Mek Kelly was appointed Manager Mine Maintenance effective as of November 19th 2021. Mr Kelly started with OTML 18 year...

Photo credit: PNG World Expo 2020 -  Papua New Guinea Expo Deputy Commissioner General Mrs. Jacinta Warakai Manua receiving the award from Chairman of the International Chamber of Commerce and Secretary General of the Federation of UAE His Excellency Humaid Ben Salem and witnessed by CEO of the IBMC Financial Professional Group Mr. Sajith Kumar on the rig...

Photo credit: PNG PM Media - Papua New Guinea's State Enterprises Minister, Sasindran Muthuvel (left), Prime Minister James Marape (centre) and the chairman of Fortescue Metals Group of Australia, Andrew Forrest, sign an agreement, Port Moresby, 1st September 2020. PRIME Minister Hon. James Marape has once more defended the signing of the agreements wi...

Photo credit: PM James Marape News Page Prime Minister Hon. James Marape says the Government has no “sinister motives” in holding back K66 million allocated by the Australian Government for maintenance of the rundown Bulolo Highway in Morobe. He said this in Parliament recently when asked by Morobe Governor and Deputy Pangu Pati leader, Hon. Ginson ...

Photo credit: PM Marape News Page - Warangoi project Prime Minister Hon. James Marape recently opened the K83 million 10 Megawatt Warangoi PNG Power Ltd (PPL) Hydro Power Project Major Rehabilitation Project in rural Pomio, East New Britain, with an assurance to landowners that they would be paid the K5 million they wanted for use of their land and wat...

Photo credit: The Centre for Excellence in Financial Inclusion - (left to right) Jack Walom (Chairman,Kada Poroman Micro Finance), Esther Mongea (Senior Operations Manager, People's Micro Bank), Saliya Ranasignhe (Executive Director CEFI), Daniel Faunt (General Manager-Retail, BSP), George Awap (Department-Financial Systems Development Department, Bank of...

Prime Minister Hon. James Marape says his Pangu Pati-led Government’s vision to build a gold refinery and mint factory in the country is a bold move in the right direction to take back more from our gold resources and reserves. It also includes having a gold bullion bank into the future. PM Marape was responding to questions from Opposition Leader, ...

Twinza Oil Limited’s Pasca A Gas Agreement is yet to be finalized as per their media release last August. Honorable Keregna Kua, Minister for Petroleum, announced in Parliament a seven-day period for the State Negotiating Team (SNT) and Twinza Oil Limited to meet to finalise drafting of the Pasca A Gas Agreement. Unfortunately, the deadline expired on the...

Mangrove seedlings [Photo credit: Sarangib, from Pixabay] In celebration of World Environment Day last June, there were 600 school children who took part in planting 700 mangrove seeds along the coastline of Riwo, Madang Province. The celebration's theme for this year is "Ecosystem Restoration". The mangrove planting activity was made possible throu...

Papua New Guinea is known for its beautiful surroundings, rich wildlife, and cultures and communities as diverse as the more than 800 native languages spoken in the country. But despite abundant natural resources and recent economic development, nearly 40 percent of the country’s 8.5 million people still have no access to human beings’ most fundamental ne...

Migration Plus is a leading Migration firm in Cairns, in the Far North Queensland region providing professional migration advice to students, individuals, government, businesses and corporate groups including the mining, hospitality, tourism, agricultural and air services industries. Migration Plus are also Education Agents with Qualified Education Cou...

Think of two words, sewage and nutrients. Now create a mental picture that puts them together in a context that makes sense for you. For most people, the picture they create is some form of liquid that is beneficial to the growth of plants. Yes, effluent reuse on landscapes is one of the biological nutrients that can spin out of sewage treatment, but t...

On the surface, the Terrain Tamer story is simply one of a spare parts business that has grown to see international success But at its heart, it is one of a company that has not only survived but thrived thanks to a consistent, ongoing culture of listening, problem solving and customer obsession. Coupled with an innate understanding of what is neede...

Photo credit: Geopacific Resources The developer stated that work on the Woodlark Gold Project is now delayed and behind schedule. In an update, Geopacific Resources Limited reported that the company has decided to postpone the project until Q1/Q2 2022. The impact of unseasonal inclement weather, according to the firm, has resulted in a short-ter...

Prime Minister Hon. James Marape stated in Parliament recently that vaccination is “not mandatory” for the people of Papua New Guinea. He said this in response to a petition to Government recently calling for no vaccination, no mandatory vaccination and for the Pandemic Act to be done away with. A debate then ensued with most MPs, including those in...

Photo credit: PM James Marape News Page - The Markham Bridge outside Lae Prime Minister Hon. James Marape says he is not deliberately delaying work on the Bulolo Highway, as claimed by former Bulolo MP Samson Napo and other critics. He said this after Napo, in a very-misleading and defamatory statement circulated on mainstream and social media, accu...

Photo credit: Loop PNG PNG Power is riddled with so much accumulative problems that have made it a “sick organisation”, but reforms are currently underway, Prime Minister Hon. James Marape says. These include the installation of its full board, and a restructure of the company to separate power generation, transmission, and retail business. In ad...

According to estimates provided by the Chinese Embassy, last year's trade volume between PNG and China totalled US$3.21 billion (about K11 billion). PNG's exports to China totalled US$2.29 billion (K7.85 billion), while imports from China totalled US$920 million (K3.1 billion), indicating a trade surplus. In order to boost bilateral commerce, the tw...