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
Chinese aid to the Pacific: decreasing, but not disappearing
Chinese engagement in the Pacific regularly hit the headlines in 2022, sometimes with dire warnings. The recent China–Solomon Islands security agreement sent shock waves across the region. Concern reached new highs
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
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
Australia is finalising a new security pact with PNG
The leaders of Australia and neighboring Papua New Guinea said last Thursday they are finalising a new security treaty — a move that comes as a challenge to China’s growing assertiveness in the region. Last year,
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
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
New hope for explorer sitting on huge deposit in Bougainville
Enigmatic Bougainville Copper (BOC) was up as much as about 30 percent on Wednesday morning, despite no solid news. It was still up more than 20 per cent at 3pm, perhaps related to reports about the company’s
‘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,
Independent assessment of former Bougainville mine due to open
An independent environmental and human rights legacy impact assessment of Rio Tinto’s former Panguna mine in the autonomous Papua New Guinea region Bougainville is due to begin this week. Last year, Rio Tinto
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
PNG flights cancelled over ongoing dispute
An ongoing dispute between Puma Energy and the Bank of PNG has restricted the supply of fuel, causing domestic flights in Papua New Guinea to be cancelled. In a statement, Puma Energy has decided to restrict the supply
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
‘I hope they open their ears and listen to us’: Tuvalu at INC1 Forum
Pacific delegates attending the first session of the Intergovernmental Negotiating Committee (INC1) to negotiate a global legally binding instrument on plastics, have embraced the opportunity to share perspectives with
Visa on arrival in PNG for Melanesian countries
Solomon Islands nationals and nationals of other Melanesian Spearhead Group (MSG) countries can now get their visa on arrival when travelling to Papua New Guinea. This came after the PNG government formally declared the
Stop urban drift, says PNG Govt
Papua New Guinea deputy Prime Minister John Rosso says the Government is looking at re-introducing the Vagrancy Act to curb the rise in crime and lawlessness in urban centres around the country. Rosso was responding in
‘More smoke than fire’: China’s Pacific aid falls short of pledges
Beijing’s development spending has fallen despite efforts to build influence in the region. In 2017, Papua New Guinea’s government announced a long-awaited AUD$4.1bn (US$2.6bn) upgrade of the nation’s potholed
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
COP27: Biden’s new initiatives, PNG signs carbon deal
America has reassured Pacific and world leaders who are fighting for a 1.5 to Stay Alive outcome at COP27 in Egypt, of its commitment and renewed leadership to avert “climate hell.” President, Joe Biden, highlighted
Mark Robinson joins as new CEO of Bank South Pacific
Bank South Pacific Financial Group Limited has announced the appointment of Mark T. Robinson as Group Chief Executive Officer. Robinson is a senior financial services executive and globally experienced banking Chief
PNG to receive ‘biggest slice’ of Australian finance
Papua New Guinea has been allocated the biggest slice — around 70 percent — of the Australian Infrastructure Financing Facility for the Pacific (AIFFP), according to the Australian government. Australia’s minister
