parliament

Nine new ministerial appointments have been announced after last week’s events in Parliament.

Parliament passed six key pieces of legislation that allow the Papua LNG project to move forward, Australia’s Prime Minister cancels his trip to Papua New Guinea and cocoa farmers in East Sepik Province ready to benefit from new project. The business news you need to kickstart your week.

The Papua New Guinea Parliament announces a new Deputy Speaker, JJS Holdings welcomes a General Manager and Steamships to get a new Managing Director.

Parliament has voted to extend Papua New Guinea’s state of emergency by two weeks while it debates how the country will look when the restrictions are eventually eased.

Papua New Guinea’s government has announced its Budget deficit will balloon to more than K6 billion, the biggest in the nation’s history. Treasurer Ian Ling-Stuckey has announced a well-targeted stimulus, but the International Monetary Fund needs to come to the party.

In an emergency session of parliament last week, Prime Minister James Marape extended Papua New Guinea’s state of emergency, and the ramifications will be significant.

The global economic meltdown that has been triggered by the COVID-19 virus outbreak has hit Papua New Guinea hard. What are the implications for the country’s business and financial sectors?

The Minister for Agriculture puts measures in place to stop the spread of the African swine fever and protect the pork industry, Prime Minister James Marape announces stimulus package and ICCC monitors shops to avoid price spikes in essential items. The business news you need to kickstart your week.

New MD for Kumul Consolidated Holdings, Credit Corporation creates a new role, new executives at Harmony Gold, new Australian and Fijian High Commissioners, and one of PNG’s permanent parliamentary committees gets a new chair.