Month: January 2023

PM Marape welcomes new National Trade Law

JANUARY 23, 2023 Prime Minister Hon. James Marape has welcomed passage of the landmark National Trade Bill 2023 by Parliament. The bill, unanimously passed by Parliament last Thursday (January 19, 2023) after much debate, was introduced by Minister for International Trade and Investment Hon. Richard Maru. It adds to the growing number of important laws …

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PM Marape says Australia is for the first time addressing outstanding issues with PNG

JANUARY 17, 2023 Prime Minister Hon. James Marape says for the first time in 47 years of Independence for Papua New Guinea from Australia, an Australian Government and Prime Minister are addressing all outstanding issues between both countries. He said this today (Tuesday, January 17, 2023) when commenting on the visit by Australian Prime Minister, …

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PM Marape thanks PM Albanese for visiting tomb of Sir Michael Somare

JANUARY 15, 2023 Prime Minister Hon. James Marape has thanked Australian Prime Minister Hon. Anthony Albanese for taking time off his busy schedule to visit the tomb of Sir Michael Somare at Kreer Heights in Wewak on Friday (January 13, 2023). PM Marape also thanked local chiefs of Kreer for welcoming PM Albanese on their …

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PM Marape welcomes new investment promotion law

JANUARY 11, 2023 Prime Minister Hon. James Marape has welcomed the Investment Promotion (Amendment) Bill 2022, unanimously passed by Parliament today (January 11, 2023), which encourages the growth of Papua New Guinea-owned small-to-medium enterprises (SMEs) while at the same time attracting foreign direct investment (FDI). PM Marape also welcomed passage of the accompanying Associations Incorporation …

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Australian PM invited to address PNG Parliament under Parliamentary Standing Orders

JANUARY 11, 2023 AUSTRALIAN Prime Minister Hon. Anthony Albanese will address the National Parliament under a provision of the Parliamentary Standing Orders, Prime Minister Hon. James Marape has explained today (11.01.23) in Parliament. Prime Minister Marape said the decision to invite his Australian counterpart to speak in Parliament was “not made lightly’, but done in …

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PM Marape briefs Parliament on Puma-Bank of PNG issue

JANUARY 10, 2023 Prime Minister Hon. James Marape says he told Puma Energy bluntly in Singapore on Sunday (January 8, 2023) that he does not “tolerate the country being held to ransom”. He said this in Parliament on Tuesday (January 10, 2023) when answering a series of questions from Southern Highlands Governor Hon. William Powi …

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PM Marape meets with Puma Energy in Singapore, encourages downstream processing of oil and gas

JANUARY 8, 2022 Prime Minister Hon. James Marape says Puma Energy has said they replied to Bank of Papua New Guinea’s (BPNG) 13 queries in relation to supply of foreign exchange (FX), but is still in court in a BPNG initiated court proceeding. He said this resulted in Puma stopping its supply of aviation gasoline …

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