papua new guinea

PNG Art exhibition opens in Cairns

Organized by the National Cultural Commission (NCC) in collaboration with Paradise Palette, this groundbreaking event marks the beginning of a series of exhibitions to be held in Cairns, Darwin, and Brisbane.

With the upcoming 50th Anniversary Independence of Papua New Guinea (PNG) on the horizon, the exhibition aims to showcase a remarkable collection of artworks that reflect the nation's rich artistic heritage.

PM meets with President Yoon

The Prime Minister was accompanied by the Minister for International Trade and Investment, Richard Maru, Vice Minister for Finance and Implementation, John Boito, and Vice Minister for Treasury, Solen Loifa.

From the Korean party, President Yoon came to the meeting with Prime Minister of Korea, Duck-Soo Han, and the Minister for Foreign Affairs, Park Jin.

At the commencement of the bilateral meeting, Prime Minister Marape personally gave recognition to the Republic of Korea as one of Papua New Guinea’s biggest trading partners.

Malaysian High Commission yet to establish chancery in PNG

Minister for International Trade and Investment, Richard Maru, highlighted this during his bilateral meeting with the Malaysian Deputy Minister of Investment, Trade and Industry, Liew Chin Tong, at the margins of the APEC Trade Ministers Meeting in Detroit, United States. 

“Similarly, Department of Foreign Affairs should commence discussion with their Malaysian counterpart for a reciprocal arrangement for the Government of Malaysia to allocate a piece of land for PNG High Commission Chancery to be built in Kuala Lumpur.

PNG, Malaysia to Consolidate Trade and Investment Relationship

Minister Maru said this during his bilateral meeting with the Malaysian Deputy Minister of Investment, Trade and Industry, Liew Chin Tong at the margins of the APEC Trade Ministers Meeting in Detroit, United States. 

Malaysian investors invited to invest in PNG

Minister for International Trade and Investment, Richard Maru, made this known to Malaysia’s Deputy Minister of Investment, Trade and Industry, Liew Chin Tong, at the margins of the APEC Trade Ministers Meeting in Detroit, in the United States. 

Maru also invited Malaysian investors, especially those that have experience in global forestry product market, to come and invest in this sector.

3D Seismic survey

The 3D seismic survey will reveal potential of one billion oil resource offshore Papua New Guinea.

Minister for Petroleum and Energy, Kerenga Kua, and Department Secretary, David Manau, who inspected the PXGEO 2, a cutting-edge seismic acquisition vessel on its arrival recently.

They were pleased with the progress being made by Larus Energy.

PNG-AUS Climate Collaboration

This plan marks a key milestone in the partnership between the two nations and outlines various areas of collaboration aimed at supporting PNG's involvement in international carbon markets.

Under the Joint Action Plan, PNG will receive support from IPCOS, which has committed AUD104 million over a span of ten years.

Veratau: So much work to do for AFL

But it is concerning to see that not many Papua New Guineans play in the top competition in Australia. 

The CEO of PNG Sports Foundation, Albert Veratau, raises this concern while speaking about the expansion of code in the country. He said there are a few provinces that play this sport and is mainly based in urban centers.

“The number of AFL is bigger in the country. From National Capital District to Central province, then to Morobe and stretches to West and East New Britain provinces. 

U.S. commits over K24 billion for the Pacific

This includes over $45 million (K150 million) in new programming for Papua New Guinea, as well as additional Pacific Islands programming. 

The President’s FY 2024 Budget also requests $7.1 billion over 20 years to extend assistance under the Compacts of Free Association with the Federated States of Micronesia, the Republic of the Marshall Islands, and Palau.

The new announcements include the following lines of effort:

US Commitment to the Pacific

U.S Secretary of State Antony Blinken visited Papua New Guinea for the U.S.-Pacific Islands Forum Leaders Dialogue, demonstrating the U.S.'s renewed commitment to its Pacific Island neighbors.

The Biden-Harris Administration has committed over $8 billion in funding to the Pacific Islands region since the first-ever U.S.-Pacific Island Summit in 2022.