PNG EYES STRONGER ECONOMIC RELATIONS

Prime Minister, James Marape is considering a stronger economic relations between Republic of Korea and Papua New Guinea as he is attending the first two-day Korea-Pacific Islands Summit in Seoul today May 29-30. PM Marape will also be having a bilateral meeting with Korean President H.E. Yoon Suk Yeol. This follows Monday’s... more →
Posted in: Papua New Guinea

PM MARAPE CALLS FOR DIVERSIFICATION OF ECONOMY WHEN OPENING SEZ SUMMIT

APPROVED FOR RELEASE: MAY 8, 2023 Prime Minister Hon. James Marape says “a sustainable economy is a diversified economy”. He said this on Sunday (May 7, 2023) night when opening the three-day Papua New Guinea Special Economic Zone (SEZ) Summit in Port Moresby. “The effective anchor of a sustainable economy is a diversified... more →
Posted in: Papua New Guinea

PM to probe NDB K80 million SME funds

Prime Minister, James Marape. Photo: Charlie Dumavi/PNG Bulletin
A PROBE will be established this week into the non-lending of K80 million by the National Development Bank (NDB) to Micro, Small & Medium Enterprises (MSMEs) and Small and Medium Enterprises (SMEs). Prime Minister James Marape told a recent meeting when addressing cabinet ministers, heads of departments, senior public servants... more →
Posted in: Papua New Guinea

O’Neill: Wrong to close mine

Cash shortage a sign of recession
June 10, 2021 The National Main Stories IALIBU-Pangia MP Peter O’Neill says there will be certain challenges before the Porgera mine can restart. He noted that Prime Minister James Marape made commitment to address legacy issues, including environmental damage, before the mine could be reopened. However, he said that had not been... more →
Posted in: Papua New Guinea

Mine closure unnecessary: Barker

By DALE LUMA THE closure of the Porgera gold mine in Enga last April has had unnecessary, devastating economic impact on the lives of so many people, according to an economist. Executive director with the Institute of National Affairs Paul Barker was responding to the handing over of the mine’s framework agreement by Prime Minister... more →
Posted in: Papua New Guinea

BREAKING NEWS: PMJM’S PORGERA TRIP STOPPED BY LANDOWNERS DEMANDING A COPY OF THE FRAMEWORK AGREEMENT

Since the government and Enga Provincial government announced your major deal with Barrick over a month ago, no one has seen the copy of the signed Agreement including Mineral Resources Enga who are supposed to be signatories of the Agreement (they did not sign) and Kumul Minerals Board and Management who are the SML11 owners and... more →
Posted in: Papua New Guinea

Editorial: Be careful with investment deals

THE Government appears to be treading on a fine line in dealing with multinationals in the mining and hydrocarbon sectors. It has only a year to see the successful conclusion of at least one major project agreement, if at all. The protracted court battle and renegotiations with Barrick Niugini Ltd over the reopening of the Porgera... more →
Posted in: Papua New Guinea

PNG’s Kavieng Airport Landowners to continue protest despite Government’s commitment of K3 million payment

KAVIENG AIRPORT LANDOWNERS TO CONTINUE PROTEST Landowners of the Kavieng Airport in Papua New Guinea say the sit-in protest will continue until and unless the concerned authorities give them a favorable response. The landowners have demanded the National Government and National Airports Cooperation to respond to their call to settle... more →
Posted in: Papua New Guinea

PM Marape urges UPNG graduates to be job creators, not seekers

Prime Minister Hon. James Marape has encouraged graduating University of PNG (UPNG) students to get into self-employment. He said this when addressing the 65th UPNG Graduation at the Sir John Guise Stadium in Port Moresby today in which 396 students from the School of Business and Public Policy graduated. More students... more →
Posted in: Papua New Guinea

PM: Agriculture, digital economy  the way forward for PNG

Papua New Guinea (PNG)’s 8th Prime Minister James Marape spoke to The National’s senior writer MALUM NALU in an exclusive interview last week. Marape wants to transform the agriculture sector into a vibrant revenue earner for PNG. IT is not difficult to fathom why Prime Minister James Marape has made it loud and clear that... more →
Posted in: Uncategorized
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