A Paradise for Tourists

A rise in ancient frontline tourism across a variety of international destinations has excelled attention on a key niche market with potential for Papua New Guinea, as the country begins preparations for a series of events commemorating the 75th anniversary of strategic battles fought during the Second World War. The country’s untouched wilds and close proximity to key regional markets are also likely give the tourism industry an extra boost...

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Performance of Papua New Guinea’s State Owned Enterprises (SOEs)

Minister for Public Enterprise and State Investment, Hon. Ben Micah, MP, has addressed the standing performance of Papua New Guinea’s State Owned Enterprises (SOEs) during the Mining and Petroleum Conference in Port Moresby. He also brought to light prospects the PNG government has in place to boost the performance of the SOEs. Here are eight points summing up Micah's address: SOE’s Contribution to 2015 GDP Given the drop in commodity prices,...

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Pacific Leaders Ready for COP21

Ten Pacific leaders are on the official batting order to address the world when the final rounds of discussions for a new agreement on climate change opens in Paris. President of Kiribati, Anote Tong leads the batting order when the United Nations Framework Convention on Climate Change Conference. He is speaker number 13 in a line-up of speakers that has American President Barack Obama as speaker number 3 and Russian leader Vladimir Putin as...

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Discover the Enchanted Islands of Papua New Guinea

This is a beautiful place where a visitor seeing the spectacular scenery across the vast areas of this wild country can simply visualize that he is the only person on earth! From the volcanic mountains to the flooded delta regions, lustrous white sand beaches and untouched coastal atolls, the landscape of Papua New Guinea is as diverse as the friendly people who live there. The island lies just south of the equator, 99 miles north of Australia....

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The Launch of Two Working Papers

Bank of PNG has recently launched two working papers called Demand for Money in PNG and Estimating an Aggregate Import Demand Function for PNG in Port Moresby at the National Research Institute of PNG. The launching was attended by Bank of PNG Assistant Governor Dr. Gae Kauzi, PNG National Research Institute Director Dr. Charlies Yala and other reps from NRI, UPNG and Treasury department who set through a presentation from the BPNG working Papers...

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PNG Government to Assist Airlines Industry

The National Government will continue to build the country’s air transport sector because of the high dependence on air transportation by the people, says PM Peter O’Neill. Speaking at the welcoming reception of the brand new ATR- 72 aircraft for PNG Air in Port Moresby, Prime Minister O’Neill says the government is trying to subsidize the industry as much as possible within the confines of the funds they have available, but with the support...

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A New Tuna Processing Plant in PNG

Korean tuna fishing firm Dongwon Industries has signed a $35 million deal with Papua New Guinea to build a new factory on the island. The new tuna plant will be built in the Morobe province in early 2016, and should furnish roughly 2,000 direct jobs and 4,000 indirect jobs. This will be the sixth tuna processing project to be built in the city of Lae. The project will begin in the first quarter of 2016, making Dongwon the first Korean company...

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Australia should be an advocate for Pacific at Paris climate summit

Papua New Guinea’s Prime Minister Peter O’Neill has pressed Australia to be an advocate for the Pacific in pushing for a strong arrangement at this month’s worldwide climate change talks in Paris. The governments of more than 190 nations will meet at COP21 in the French capital, beginning on 30 November, to deliberate on a new global climate accord. O’Neill and other Pacific leaders - whose countries are already undergoing the influences...

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PNG Government Pumping K15 Million to Upgrade Venues for World Events

Papua New Guinea Sports Minister Justin Tkatchenko says the PNG Government will pump K15 million into upgrading all facilities to be used during the 2016 FIFA Under-20 women’s World Cup in Port Moresby. Tkatchenko made the comments while welcoming the news of FIFA’s approval of Papua New Guinea’s hosting rights at an extraordinary meeting in Zurich. The meeting was attended by PNG Football Association President David Chung. He said aside...

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Making PNG Air Unique

“The introduction of the new ATR 72-600 aircraft not only gave the airline a huge boost in the quality of product it offers the people of PNG – it also offered the opportunity to make other changes to the airline, and prompted us to look closely at what we were doing now and what we needed to do in future,” said Muralee Siva, CEO of PNG Air. “We recognize that to keep pace with the growing size and sophistication of the aviation market in...

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The First Ever APEC Meeting in PNG

The Prime Minister, who is also the Minister Responsible for APEC, has applauded the Forest Minister for efficaciously hosting the first APEC meeting ever held in Papua New Guinea. In releasing the ‘Eda Statement’ in Port Moresby, the Third APEC Meeting of Ministers Responsible for Forestry settled on a range of measures that will reinforce the forestry sector in Papua New Guinea and around the Asia-Pacific. "Ministers committed to work to...

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Planning For 2017 Elections

A memorandum of Agreement was signed between PNG Electoral Commission and the provincial administrators of the East and West Sepik and the Madang province to cooperate and partner for the planning and conducting of the 2017 general elections. While signing the MOA, provincial administrator for Madang province, Mr Daniel Loi said, election is a collective responsibility and every provincial government must support the electoral commission...

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“I believe we can and must be confident about our future” says PM Peter O’Neill

The people of Papua New Guinea should be confident and optimistic about the nation's future, despite the current difficulties, the Prime Minister, Peter O’Neill said. Mr O'Neill said the 2016 budget is a responsible, fair and balanced response by the government to difficult times that would address short term problems while laying the foundations for strong economic and social growth in the future. "Just last week the independent Bank of...

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A Life Changing Experience with Tree kangaroo

A conservation program intended to help save an endangered tree kangaroo in Papua New Guinea has completed - benefiting the lives of hundreds of local people. The Tenkile Conservation Alliance was established to save the endangered species in a remote part of Sepik province many years ago. Their numbers were down to only 100. Jean Thomas and her husband went to the area to run the program, and she says it turned out to be a life changing experience...

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Congratulations to Niugini Nickel

Niugini Nickel Ltd (100% subsidiary of Resource Mining Corporation Ltd) has recently received guidance from the Registrar of the Mineral Resources Authority of Papua New Guinea that the Mining Minister has granted an exploration licence for the new tenement EL 2337 for a 2 year term ending November 1, 2017. RMI welcomes the news of the grant of this exploration licence which provides faith of tenure for the immediate future and provides a level...

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