The very recently held 14th World Indigenous Business Forum (WIBF) brought to light some of the important things that needed to be addressed going forward in supporting the growth indigenous businesses. The Minister for International Trade and Investment, Richard Maru said that it is high time the National Government recognizes the need for Papua New Guinean indigenous businesses. “There are so many Papua new Guinean indigenous entrepreneurs who have done so much without Government support. This Forum allowed them to come and display their products and many of us were really inspired. I am so impressed of the energy and…
Author: Emmanuel MAIPE
The New Porgera Limited (NPL) is in support of a recent media statement by the Mineral Resources Authority (MRA) stating that the recent signing of the Mining Development Contact and the grant of Porgera Special Mining Lease (SML) 13, fully complied with the country’s processes and law. Although the SML13 has now been granted under the Mining Act, no mining activities can be conducted by NPL prior to compensation being agreed with landowners or otherwise determined in accordance with the Act. NPL began discussions in Porgera last week with 14 mining tenement landowner clans represented by their agents. Under the…
Perhaps one of the significant achievements for local indigenous women in business at the 14th World Indigenous Business Forum (WIBF) in Port Moresby, was for Papua New Guinea (PNG) to be a part of and be represented at the Indigenous Women in Industry economic summit coming up in New Zealand. Ms. Rachel Petero, the Founder and Chief Executive Officer (CEO) of Rise2025 Global- an indigenous company, said through her company they have helped in growing indigenous leaders and all women for 7 years now. “We have to build pathways that our women can see the pathway to leadership, see the…
Two districts in the Highlands region are ready to establish their own District Youth Development Councils to assist their youths in participating in the development of their districts. The two districts are Sinesine Yongomugl in Simbu province and Wabag in Enga province. The Liaison team from the National Youth Development Authority (NYDA) to Wabag and SineSine Yongomugl Districts conducted on-ground consultations from the 7th to the 10th of October, where they met with the District Development Authorities, Provincial Community Development Advisors, Local Level Government (LLG) Managers, Provincial Administrators, representatives from churches, stakeholders and the youths. The assessment from these consultations…
The increasing rate of development and economic growth in Papua New Guinea (PNG) would see the country become a go- to- country for investments in next decade. The Minister for International Trade and Investment, Richard Maru said that this presents a great opportunity for world indigenous businesses to connect with local indigenous businesses, so to tap into the opportunities and help develop the country along with it. “In the next ten years, Papua New Guinea will be one of the most exciting investment destinations throughout the world, the opportunities here will be unparalleled,” said the minister. “Yes, we have our…
The President of the Republic of Hungary H.E Katalin Novak flew out of Port Moresby to beautiful Manus Island this morning as she embarks on the second day of her Presidential visit to Papua New Guinea (PNG). Whilst there, she will visit and lay wreath at the memorial of the Martyred Missionaries to start off her visit to the island province. After that she will visit the Maria Molnar Training Center where she will be presenting computers to the Maria Molnar Music and Bible School. Following that event, the president will then depart the Manus main island for Pityluh Island…
The approval to host the 14th World Indigenous Business Forum (WIBF) here in the city of Port Moresby is to showcase Papua New Guinea (PNG) to the world that the countrys indigenous businesses can be able compete in business development and partnership with the rest of them, with the right guidance and help. This prestigious international event shows the faith that the WIBF has in the successes of local indigenous businesses in connecting to the rest of the indigenous businesses word wide. Mr. Andrew Carrier, the Vice President Manitoba Metis Federation and Chair ILDII, in his opening speech said the…
PNG Power Limited (PPL) will now be working towards appointing a new Chief Executive Officer (CEO) after the incumbent, Mr. Obed Batia handed in his resignation just recently. The PPL Board resolved to accepting his voluntary resignation and thanked Mr. Batia for his 34 years of selfless service to the State-owned power company. During his career with PNG Power, Mr. Batia spent 13 years in Executive Management roles, and lately as the CEO for the last two years. Mr. Batia has contributed immensely to the PNG Power in the various roles he occupied over the years. In the interim, Mr.…
The Secretary of the Department of Defence (DOD) has come out to fully clarify on the K15 million Commercial Support Program (CSP) funds, to put to rest the misinformation circulated on social media recently by members of the Defence Force, regarding its existence in the Trust Account. The DOD Secretary, Mr. Hari John Akipe in a press conference on Tuesday stated that the funds are still in the CSP Trust Account where it had been for the past years since the creation of a commercial arm for the Defence Force. By way of background, Secretary Akipe said that in 2012…
The 14th World Indigenous Business Forum (WIBF) will officially be opened this evening with all the activities to take place for the next two days in the city of Port Moresby, and with over 500 delegates expected to attend, the event will be a great experience for the nation, city and local indigenous businesses especially. Much is expected from this major international event, especially the sharing of business ideas and the connections that will be made between the local and international indigenous businesses. Mr. Ivan Makil, who is a Senior Board Member of the WIBF body and President of the…