The Minister for International Trade and Investment will be heading back to Indonesia in three week’s time along with a delegation including the Deputy Prime Minister, to talk investments in downstream processing. Minister Richard Maru in an interview with PNG HAUSBUNG revealed that this next trip will include the heads of State own Enterprises like PNG Power Limited, Kumul Mineral Holdings Limited and Kumul Petroleum Holdings Limited, to gain insight into Indonesian companies engaged in downstream processing in their own country and secure their investments in Papua New Guinea (PNG), so to establish downstream processing facilities in the country. “We…
Author: Emmanuel MAIPE
Air Niugini has announced that it will recommence its jet services to Port Vila, Vanuatu on the 03rd of August 2024. It’s a weekly service that departs Port Moresby every Saturday to Port Vila via Honiara, Solomon Islands. These flights will be operated by Air Niugini’s Boeing 737 aircraft. Air Niugini’s Acting Chief Executive Office, Mr. Gary Seddon said the Port Moresby/Port Vila flights provide an opportunity to reconnect businesses in the two Melanesian countries and introduces seamless flight to Vanuatu and Asia and Vanuatu and Cairns via the Port Moresby gateway. He said this flight between Papua New Guinea…
Prime Minister (PM) James Marape and his entourage arrived back in country this morning, touching down in Port Moresby satisfied with the outcomes of his visits to both Indonesia and Japan. At a press conference shortly after landing, Marape said the trips to both countries was a successful one, having signed agreements and strengthening trade, investments and political ties. He said Papua New Guinea’s relations with Indonesia is now at its highest-level following talks of trade and the signing of four Memorandum of Understanding (MoU), two for the transport sector between the two countries, one for education and another for…
Empowering provincial centers to improve tax collection and compliance efforts was the objective of the Internal Revenue Commission Annual Provincial Managers meet in Lae this week. Commissioner General, Mr. Sam Koim emphasized the need to treat provincial centers as effective operational centers, separate from headquarters in the city of Port Moresby. “The goal is to make provincial centers more active in terms of ensuring tax compliance and, in doing so, improve tax collection efforts and ultimately increase tax revenue,” he said. “The meeting is designed to help us understand the challenges faced by provincial managers and allocate resources to address…
The country’s consumer watchdog, the Independent Consumer and Competitions Commission (ICCC) has stated that Air Niugini increasing its domestic airfares is a bad idea that will only lead to more pain on the already struggling airline company. The ICCC Chief Executive Officer (CEO) and Commissioner, Mr. Paulus Ain in a statement said that the decision by Air Niugini to increase domestic airfares to cover cost and sustain its operations, is a misleading one and will see the airline losing more loyal clients and customers, resulting in the airline continuing to experience low revenue to sustain its operations. Air Niugini on…
The bilateral relationship between Papua New Guinea (PNG) and Indonesia has diversified from border relations to broader areas since the inception of the Annual Leaders’ Dialogue in 2022. Prime Minister (PM) James Marape made this known at the two leaders’ joint press conference after the 3rd Papua New Guinea – Indonesia Leaders’ Dialogue held at Bogor Presidential Palace in Jakarta, Indonesia before jointly signing a Memorandum of Understanding (MoU) to further expend that relationship. He said the PNG-Indonesia relations have diversified over the last three years since the inception of the Annual Leaders’ Dialogue, which has shifted the focus from…
The Minister for Provincial and Local-level Government Affairs, Soroi Marepo Eoe, MP, today in a statement announced that the Local-Level Government (LLG) Elections scheduled for July, has now been further deferred to September. The LLG Elections, scheduled to be conducted on the 25th of July 2024, has been further deferred to 26th September 2024 based upon advice from the Papua New Guinea Electoral Commission (PNGEC), due to some issues and challenges that are beyond its control. Minister Eoe said whilst the National Government is committed to support the conduct of LLG Election 2024. There are certain issues and challenges that…
Both Port Moresby and Lae cities will play host the annual joint military exercise ‘Tamiok Strike’ which will be conducted from Monday 15th of July to Monday 26th of August, to enhance combined interoperability between military organizations and stakeholders. Tamiok Strike is a land-oriented exercise between the United States (US) Army and the Papua New Guinea Defence Force (PNGDF) through support from the United States Pacific Partnership Program through the United State Pacific Army Command (USARPAC). The exercise will involve mainly elements from the PNGDF Force Support and Engineer Battalions, Department of Defence, USARPAC 8th Theatre Sustainment Command (8TSC), Institute…
Unregulated mining activities pose a threat to the overall performance of the mining sector and the economic performance of the country, something the PNG Extractive Industries Transparency Initiative (PNGEITI) has raised concern about. The Executive Director for PNGEITI National Secretariat, Mr. Lucas Alkan in a recent statement said that one such mining activity is alluvial mining, which he stated that they are largely unregulated activities. “Unregulated mining activities leaves authorities and stakeholders with limited information about this segment of mining industry, and this is a concern,” said Mr. Alkan. The concerns from PNGEITI over alluvial mining follows comments by PNG…
It has been six months since the Black Wednesday Riots in Port Moresby city that saw the destructions of major supermarkets and warehouses, but things are starting to pick up in terms of these businesses rebuilding from the ashes all thanks to government support. That support through the government relief assistance package for the affected businesses, recently saw the Chief Secretary to Government, Mr. Ivan Pomaleu on Monday July 1st presented cheques for the Phase 2 (debris cleaning) for several businesses affected by the January 10th riots. The Port Moresby Chamber of Commence and Industry (POMCCI) President, Mr. Rio Fiocco,…