Port Moresby, Papua New Guinea, March 12, 2024 – Prime Minister Hon. James Marape has reaffirmed the government’s dedication to fuelling the growth of the oil palm industry in Papua New Guinea. The sector, which stands as the country’s leading agricultural export, generated over K2.8 billion in exports in 2022, marking a pivotal contribution to […]
Port Moresby, March 12, 2024 – Prime Minister Hon. James Marape has extended his commendations to taro exporters Muruk Tropical Produce Ltd and Wantok Produce, alongside the National Agriculture Research Institute (NARI) in Lae, for their pivotal role in establishing export markets in the United States, Australia, and New Zealand. This move not only opens
Port Moresby, March 7, 2024 – Prime Minister Hon. James Marape today announced the appointment of Kandrian-Gloucester MP and former Opposition Leader, Hon. Joseph Lelang, as the new Minister for Rural and Economic Development. The announcement comes on the heels of Hon. Lelang’s formal swearing-in by Governor-General Sir Bob Dadae at Government House, signaling a
Port Moresby, Papua New Guinea, February 29, 2024 – Prime Minister and Treasurer Hon. James Marape announced today that Cabinet has invoked provisions of the Essential Services Act in light of the fuel crisis now affecting the country. “This allows for the Government emergency powers to give directions to companies in the fuel and banking
February 26, 2024 Dear Citizens of Papua New Guinea, As we observe the third anniversary of the departure of Great Grand Chief Sir Michael Thomas Somare on Monday, February 26, 2024, our nation finds itself navigating through some of its most-challenging times. Recent days have witnessed tragic losses in Wapenamenda, Enga. Furthermore, on January 10,
Port Moresby, Papua New Guinea, February 18, 2024 – Prime Minister and Treasurer Hon. James Marape has described Morobe as one of the “most-important” provinces of the country which anchors 70 per cent of Papua New Guinea’s economy. He reiterated this sentiment on Friday, February 16, 2024, when receiving the K681 million Morobe Provincial Budget
Prime Minister Marape acknowledges Morobe’s vital role in Papua New Guinea’s economy Read More »
Port Moresby, , January 24, 2024 – Prime Minister and Treasurer Hon. James Marape emphasised the importance of preventing the national fuel security issue involving Puma Energy from escalating into a national security concern. The Prime Minister expressed these sentiments during a crucial meeting held on Tuesday, January 23, 2024, with Bank South Pacific (BSP)
Port Moresby, Papua New Guinea – January 24, 2024- Prime Minister and Treasurer Hon. James Marape has provided reassurance to Bank South Pacific (BSP) regarding the scrutiny of taxes imposed on the bank by the government. During a meeting held on Tuesday, January 23, 2024, with BSP Chief Executive Officer Mark Robinson and Chief Financial
Prime Minister and Treasurer Marape addresses BSP’s tax concerns Read More »
Port Moresby, January 23, 2024 – During a meeting held on Tuesday, January 23, 2024, Prime Minister and Treasurer Hon. James Marape conveyed his strong desire for Bank South Pacific (BSP) to continue its vital support for small to medium enterprises (SMEs) and home buyers through loan initiatives. Prime Minister Marape also expressed his appreciation
Port Moresby, Papua New Guinea, January 24, 2024 – Bank South Pacific Chief Executive Officer, Mark Robinson, expressed his enthusiasm for the economic potential of Papua New Guinea over the next decade. During a meeting held on Tuesday, January 23, 2024, Robinson conveyed his confidence in the country’s trajectory to Prime Minister and Treasurer Hon.
