PNG News
Frieda one of region’s premier greenfield copper projects
Thu Dec 2 2010
THE completion of a pre-feasibility study (PFS) has placed the Frieda copper/gold project in Papua New Guinea as one of the Asia Pacific’s premier green-field copper projects with a potential for a ..... Read More
Papua New Guinea - Industrial Sector
Wed Dec 1 2010
In general, the Papua New Guinea economy is highly dependent on imports for manufactured goods. Its industrial sector--exclusive of mining--accounts for only 9% of GDP and contributes little to export..... Read More
Hiri Moale Festival in Papua New Guinea
Tue Nov 30 2010
This colourful festival was originally designed to preserve the Hiri Trade expeditions between the Motu-Koitabu people and the Erema (Kerema) people on PNG's south-west coast. The Motu-Koitabu would u..... Read More
Airlines PNG on track to deliver profit this year.
Mon Nov 29 2010
AIRLINES PNG (APNG) is on track to deliver profit this year amid a proposed merger with national flag career Air Niugini. APNG result for the half-year ended June 30 this year showed a K9 million pos..... Read More
Survey: PNG’s demand for gas, oil rising
Sun Nov 28 2010
THE new Papua New Guinea oil and gas report from Business Monitor International (BMI) forecasts that it will account for 0.13% of Asia Pacific regional oil demand by 2014, while providing 0.38% of sup..... Read More
PNGCS ups tax takes
Sat Nov 27 2010
PAPUA New Guinea Customs Service (PNGCS) has continued to inject additional revenue to the Government purse with more than K17 million surplus for August alone. This shows the progress of PNGCS i..... Read More
Allied Gold sees hiked output
Fri Nov 26 2010
AUSTRALIA-based Al-lied Gold, which owns projects in Papua New Guinea and the Solomon Islands, could increase its production to 320,000 ounces per annum by 2015, the company said recently. Accordin..... Read More
Economy to grow 7.1% this year, says forecast
Thu Nov 25 2010
PAPUA New Guinea's economy grew by an estimated 5.5% last year and is expected to grow 7.1% this year. According to the Deloitte Touche 2011 budget alert, the economy was able to weather the global r..... Read More
Papua New Guinea (PNG) Treasury and Finance Minister Peter O’Neill has declared 2011 as the “year of implementation” as parliament last night unanimously passed the record K9.3 billion money plan for next year.
Wed Nov 24 2010
Papua New Guinea (PNG) Treasury and Finance Minister Peter O’Neill has declared 2011 as the “year of implementation” as parliament last night unanimously passed the record K9.3 billion money pla..... Read More
Barrick sees flat 2010 Aust-PNG gold output
Tue Nov 23 2010
Barrick Gold, the world's biggest gold producer, forecast flat gold production in 2010 from its mines in Australia and Papua New Guinea, accounting for a quarter of total global output. Gary Halver..... Read More
Australia unveils K250m plan for PNG
Mon Nov 22 2010
Mr McMullen announced the initiative during a visit to an innovative water catchment programme at Rainaou village in Kokopo, East New Britain province. Mr McMullen officially opened the Rainaou wat..... Read More
King tide destroys villages in Papua New Guinea
Sun Nov 21 2010
Authorities said there were no reports of casualties, but they were still trying to contact several outlying islands after the waves hit across an 800 km (500 mile) stretch of ocean. Hundreds of peopl..... Read More
Papua New Guinea bans betel nut
Sat Nov 20 2010
Thousands of Papua New Guineans chew the small palm tree nuts, which are the size of a small egg, as they go about their business in the capital Port Moresby. The fruit, known as buai in Papua New Gu..... Read More
Australia and Papua New Guinea have signed a raft of agreements
Fri Nov 19 2010
Foreign Affairs Minister Stephen Smith along with Assistant Treasurer Nick Sherry and Parliamentary Secretary for International Development Assistance Bob McMullan travelled to PNG to meet counterpart..... Read More
Papua New Guinea Ports Corporation (PNGPC) chief executive Brian Riches says there is no limit to the trade opportunities between Papua New Guinea and Townsville
Thu Nov 18 2010
He toured the Port of Townsville this morning as part of a visit to strengthen business ties between the two ports. Mr Riches says the PNGPC is interested in expanding its import and export operati..... Read More
Strong 6.3-magnitude earthquake hits Papua New Guinea
Wed Nov 17 2010
The quake hit at 5:18 am (1918 GMT on Tuesday), 130 kilometres (81 miles) northeast of Kandrian on New Britain Island at a depth of 36 kilometres, the US Geological Survey said, revising the location ..... Read More
PNG LNG Project has already started to have an impact on the country, with hundreds of new jobs being created, both directly by the Project and indirectly, with a strategy to maximise the number of local employment opportunities
Tue Nov 16 2010
n its quarterly report released Tuesday, oil and gas producer Oil Search announced that activities at its Papua New Guinea liquefied natural gas (LNG) project had advanced. Second quarter activitie..... Read More
Expo on Women in Business
Mon Nov 15 2010
A GROUP of women has organised an expo that will showcase enterprising Papua New Guinean women from a cross-section of the country in a bid to help the Government solve unemployment problems. PNG Wom..... Read More
Papua New Guinea tourist plane crash: wreckage found.
Sun Nov 14 2010
Joseph Kintau, Papua New Guinea Civil Aviation Authority head, said the plane was located in "very, very difficult terrain" and it was not clear whether there were survivors. The plane, carr..... Read More
Villagers offered payout over gold mine pollution
Sat Nov 13 2010
Sediment from a gold mine washing down a river in Papua New Guinea has destroyed the livelihoods of thousands of villagers. The Hidden Valley mine, which is half-owned by Melbourne-based Newcrest Mini..... Read More
The spiral of silence
Fri Nov 12 2010
WHEN SILENCE ISN’T GOLDEN! is not just a cute aphorism but is equally a poignant imagery that puts the sonoric into a metaphoric dialogue with the perceptual as if these senses share a unity to whic..... Read More
LNG mgt an ‘enviable challenge’
Thu Nov 11 2010
PAPUA New Guinea has the enviable challenge of managing a sizeable resource boom, according to ANZ Economic Market Research for Pacific. “Indeed, the game has already begun,” Paul Gruenwald, t..... Read More
New IT services up
Wed Nov 10 2010
INTERNET subscribers and information technology users can now avail of what Telikom calls “a door’s step services anywhere, anytime”.
In fact, the telco has just introduced two ne..... Read More
Digicel opens flagship store
Sun Nov 7 2010
DIGICEL PNG last Thursday opened a flagship centre at the Vision City to allow customers to get a feel of the products they have on display.
Officially launched by NCD Governor Powes Pa..... Read More
