PNG a ‘highly corrupt country’, report shows

Papua New Guinea has maintained its place as a highly corrupt country on the 2022 Corruption Perceptions Report, this time dropping one point down to a low 30 out of 180 countries. Apart from this one-point drop, PNG

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Census to give accurate population figure in PNG

Papua New Guinea’s National Statistics Office (NSO) is expected to provide the accurate population of the country by 2025, with the national census starting this year, says acting National Statistician John

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Genia is Bank of PNG’s new acting governor

The Government of PNG has appointed Elizabeth Genia as new acting Governor for the Bank of Papua New Guinea. Treasurer Ian Ling-Stuckey said Genia has nearly four decades of experience working in PNG’s Central Bank

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PNG MP condemns arrest of West Papua governor

Papua New Guinea’s Vanimo-Green River MP Belden Namah has condemned the manner in which West Papua Governor Lucas Enembe was arrested and detained by the Indonesian government. Namah, whose electorate borders the

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PNG building becomes first in Pacific to achieve EDGE certification

A landmark building in Papua New Guinea’s capital has undergone an environmentally-friendly retrofit that has seen the property become the first real estate project in the South Pacific to be accredited under one of

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PNG: Election of Governor-General will be held today

Papua New Guinea’s election of a new Governor-General will be held in Parliament today, with three candidates including a woman in the running. They are the incumbent Sir Bob Dadae, lawyer Stephen Pokawin and

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PNG MP lauds Australia commitment

Minister for International Trade and Investment, Richard Maru has welcomed the Australian Government’s commitment to work with Papua New Guinea on the development of Special Economic Zones (SEZs). Maru in his meeting

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No domestic flights in PNG today

Air Niugini has cancelled domestic flights indefinitely, citing the suspension of fuel supply by Puma Energy within Papua New Guinea. Hundreds of holiday-makers who travelled to other provinces during the Christmas

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Race for PNG head of state

Papua New Guinea is on the cusp of voting in their first female Governor General (GG) after nominations for the post lapsed on Tuesday afternoon. In the running are only three familiar names. Former PNG High

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‘PNG Prepared for Oil Spill Disaster’

Papua New Guinea is better equipped to respond to a major maritime incident resulting in a significant oil spill following a national oil spill response exercise in Port Moresby’s Fairfax Harbour. PNG’s

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PNG targets K200 billion economy by 2032

Prime Minister James Marape says Papua New Guinea has been working on five major projects in the last three years to reach a K200 billion (US$56.8 billion) economy. “The projects are the Papua LNG, Pogera Gold Mine,

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PNG 2023 budget passed unanimously

Papua New Guinea’s 2023 National Budget presented by the Minister for Treasury Ian Ling-Stuckey was finally passed by the Parliament very late on Friday afternoon with an absolute majority of 86 votes – Nil

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Commercial banks in PNG oppose new increase in tax

Two major commercial banks in Papua New Guinea have opposed the 45 percent tax on the banking sector to come into effect next year. BSP Financial Group Limited chief executive officer, Robin Fleming said as BSP

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PNG Govt pass US$6.8 billion budget

Another year, another record deficit budget for Papua New Guinea. On Tuesday, Treasurer Ian Ling-Stuckey presented his long awaited 2023 money plan to Parliament – with a price tag of K24 billion (US$6.8 billion).

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PNG Parliament to consider use of three main languages

The National Parliament will consider allowing the translation of parliamentary proceedings, Assistant Speaker Agena Gamai said. Gamai said in response to questions without notice from Morobe Governor Luther Wenge to

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Bi-partisan Parliament committee to better PNG electoral process

Papua New Guinea Prime Minister James Marape wants a bi-partisan parliamentary committee to work immediately on a submission to go before cabinet next year 2023, on how to improve the country’s electoral process. With

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PNG wins majority stake in Barrick-Zijin gold mine

Barrick Gold Corp has reached a deal that gives the Papua New Guinea government a majority share in the Porgera gold mine as part of plans to restart operations, the company said on Friday. The deal will set a benchmark

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‘English Channel Swim for Cheshire Disability Services’

An open ocean swim between England and France is the latest fundraising activity being planned for Cheshire Disability Services, the leading charity for people living with disabilities in PNG. The swim is being

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Australian pilot sentenced to 18 years in PNG

An Australian pilot linked to the biggest drug bust in Papua New Guinea has been convicted and jailed for 18 years. The Waigani National Court on Friday sentenced David John Cutmore, 57, of Williams Landing, Queensland,

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PNG economy forecast to pass K110 billion in 2022

The PNG economy is estimated to go pass a K110 billion (US$31 billion) in 2022. Prime Minister James Marape speaking at the 2022 PNG Update hosted by the University of PNG in Partnership with the Australia National

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Corruption, a major impediment to PNG businesses

Corruption in the systems of government has continued to be a major impediment to businesses, the Small Medium Enterprises, new investors as well as existing companies operating in Papua New Guinea. The director of the

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PNG Court orders Govt premises unlocked

The Mexican standoff over the closure of PNG government offices due to nonpayment of rentals has ended. The National Court last Friday ordered landlord Nambawan Supa Limited to remove all locks to Vulupindi Haus,

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Concerns raised over log exports to Malaysia

Nearly 70 percent of Papua New Guinea round log exports between 2019 and 2021 were concentrated in the hands of just ten groups of companies, all with strong links to Malaysia, according to new research by Act Now! and

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‘PNG’s Leading Business & Logistics Park’

Papua New Guinea is not known for its ease of doing business, especially for new market entrants. However, the PNG Business and Logistics Park, strategically located in the growth corridor between the Port Moresby CBD

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