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
Papua New Guinea
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
‘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
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,
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
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
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).
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
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
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
‘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
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,
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
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
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,
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
‘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
PNG Govt kicked out of premises
Papua New Guinea Prime Minister James Marape’s whirlwind four-nation tour did not end with the best homecoming he expected. He arrived home Wednesday to be greeted with news that his ministry, National Planning
PNG Chief Justice steps down from official duties
Papua New Guinea Justice Minister and Attorney, General Pila Niningi has announced that PNG Chief Justice Sir Gibbs Salika has stepped down from official duties for an indefinite period, as of Wednesday October 5,
State debt is K51billion, says BPNG
Papua New Guinea’s total debt at the end of June was K51billion (US$14 billion), which is expected to increase to K54 billion (US$15 billion) by the end of the year, according to the Bank of PNG. The K54 billion
Probe on PNG election officials
Papua New Guinea Police are investigating the conduct of some election managers and returning officers for election-related offences during the 2022 PNG General Election, says Director of Crimes Joel Simatab. Simatab
PNG Govt in talks with global credit agencies
Papua New Guinea’s Government is in talks with the global credit rating agencies, S&P Global and Moodys in an effort to lower the country’s credit rating. Minister for Treasury Ian Ling-Stuckey said PNG has
PNG win Melanesia Cup
PNG came out on top of the MSG Prime Ministers Cup 2022. The tournament, previously known as the Melanesia Cup and reborn this year, was held in Vanuatu and finished in an exciting final on Friday, September 30. To make
