James Marape, Papua New Guinea’s new Prime Minister, made his maiden address as premier to Parliament today. This is an edited transcript* of his speech, which outlined his aspirations for the country and his new government.
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Papua New Guinea has a new Prime Minister, James Marape, but the ruling People’s National Congress-led Government appears to have survived.
Papua New Guinea’s Prime Minister Peter O’Neill has formally tendered his resignation to the country’s Governor-General, Sir Bob Dadae, this morning. The resignation paves the way for Parliament to elect a new Prime Minister. Time will tell if it’s also the end of the People’s National Congress-led government, which has governed Papua New Guinea since 2011.
The coffee industry in Papua New Guinea is dealing with unusually low prices and poor production levels but there are significant opportunities, especially in commodity and speciality coffees. That was the view of speakers at the 2019 National Coffee Industry Symposium in Port Moresby.
Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll
As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
Don’t let retailers decide the exchange applied to your purchases, top 10 world’s most valuable brands and megatrends shaping the next few decades. Readings from around the world on business, leadership and management.
LNG has continued its slide and oil prices also weaken but cocoa and coffee prices rise. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
IAG Global welcomes a new Global Chairman of the Board.
The Port Moresby Nature Park has opened a new walk-through bird of paradise precinct and is stepping up efforts in bird research and breeding. Nicola Gage reports.
The telecom giant Huawei has been blacklisted by the United States, the South Pacific Tourism Organisation has released a positive tourism report for the Pacific region and Papua New Guinea’s Minister for Agriculture introduced the Agriculture Park project to Eastern and Western Highlands provinces. Your weekly digest of business news.