The Papua New Guinea government has allocated K10 million to the National Trade Office to implement the Single Window System, marking a significant step towards streamlining the nation’s trade processes.
Prime Minister James Marape has lauded the outstanding contributions by the mining and petroleum sector towards employment and economic growth in Papua New Guinea.
The Supreme Court in Waigani has granted a stay order, halting access to the 2% development levy meant for the Moran area within the Petroleum Development License [PDL]- 5 region in the Hela Province.
New Porgera Limited has announced that it has signed Long-Term Compensation Agreements [LTCAs] with recognized landholder agents for 14 of its 15 tenements that require compensation to be paid, including SML 13, in compliance with the Mining Act 1992.
Prime Minster James Marape addresses 1,300 delegates from PNG, Australia, New Zealand, and neighboring nations who will be attending PNG Investment Week Conference at International Convention Centre in Sydney, Australia.