Month: April 2022

PM Marape welcomes signing of two important Porgera Mine reopening documents

Barrick, Porgera Gold Mine, Prime Minister James Marape / By

APRIL 7 2022 Two important documents as part of the important milestones towards reopening of Porgera Mine in Enga were signed at Government House this morning. Prime Minister Hon. James Marape delayed his scheduled visit to Northern (Oro) Province this morning to observe this important signing. These are the Deed of Amendment to the Porgera …

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PNG collects low tax from mining and petroleum companies, says Asian Development Bank

Asian Development Bank, Economy, Tax / By

APRIL 7 2022 The Papua New Guinea tax take from mineral and petroleum companies is notably low, according to the Asian Development Bank’s Asian Development Outlook (ADO) 2022, which was released on April 6, 2022. “Only 7.0% of all tax revenue in 2019, equal to 0.6% of GDP, came from mining and petroleum companies in …

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Agriculture, forestry, fisheries grow by 3.7% in 2021

Agriculture, Asian Development Bank, Economy, Fisheries, Forestry / By

APRIL 7 2022 Agriculture, forestry, and fisheries expanded by an estimated 3.7% in 2021, according to the Asian Development Bank’s Asian Development Outlook (ADO) 2022 released on April 6, 2022. The ADO said this largely reflected recovery from a low base in 2020, when output was hampered by lockdowns and trade bottlenecks. “Increased production of …

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Asian Development Bank: PNG economic growth to be 3.4% in 2022 and 4.6% in 2023

Asian Development Bank, Economy, Liquified Natural Gas (LNG) / By

APRIL 6 2022 Economic growth in Papua New Guinea is expected to accelerate steadily to 3.4% in 2022 and 4.6% in 2023 as activity in mineral extraction picks up and more normal global economic conditions return, according to the Asian Development Bank’s Asian Development Outlook 2022 (ADO) released today (April 6 2022). “The Porgera gold …

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Pictures of Enga

1 Comment / Aviation, Enga, Photographs, Tourism PNG / By

By MALUM NALU On Friday, April 1, 2022, I flew from Wapenamenda to remote Maramuni in Enga, bordering East Sepik, with Captain James Pima of HeliSolutions. We flew over Wabag and Sirunki before heading into the high country of Maramuni. Enga is amazingly beautiful with breathtaking scenery. Here are some pictures I took:

Australian invests in PNG’s energy and roads sectors

Australia / By

APRIL 1 2022 Joint Media Statement by the Hon. Scott Morrison, Prime Minister of Australia, with the Hon. James Marape MP, Prime Minister of Papua New Guinea Australian Prime Minister Scott Morrison and Papua new Guinea Prime Minister James Marape have welcomed $158 million (PGK415 million) in agreements under the Australian Infrastructure Financing Facility for the Pacific …

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Supporting Australian labour mobility opportunities for Papua New Guinea

Australia, Employment, Women, Youth / By

DFAT Media Release 31 March 2022 Australia and Papua New Guinea today signed the second bilateral Memorandum of Understanding (MOU) under the new Pacific Australia Labour Mobility (PALM) scheme. The PALM scheme brings together the Pacific Labour Scheme and Seasonal Workers Programme under a single program that helps to strengthen worker protection and build capacity …

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