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“Our government has already declared its intention to pursue downstream processing, and we don’t have to reinvent the wheel. Indonesia is true next door, ready to share its experience and supply support,” said Minister Maru. He continued, “For almost five a long time, PNG’s engagement with Indonesia has largely centered on border and security talks, which have not resulted in improved border facilities, direct transport hyperlinks, job creation, or significant trade between our international locations.

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Sign Up NowGet this delivered to your inbox, and extra data about our services and products. The Big Question From entrepreneurs to world leaders and academics, we talk about what makes them tick and see the larger picture of what’s going on on the planet of business. 3News is funded by readers like Business News you, as our website is an promoting supported one. Reps ask NPA to reverse termination of agreement with IntelsThe House of Representatives yesterday waded into the ongoing controversy… FCMB Bank Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank Limited, an independently integrated subsidiary of First…

Norfolk Southern Fires Ceo Alan Shaw For An Inappropriate Relationship With An Worker

Indonesia, our closest neighbour, has successfully navigated this path and is now a formidable participant on the worldwide stage. He revealed that two Indonesian firms have expressed interest in multi-billion kina rice and recycling initiatives in PNG, with proposals underneath review for approval by the National Executive Council . “This marks the start of a new period for PNG as we shift our commerce and investment focus to Indonesia,” Minister Maru concluded. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s rich economic history and the fiftieth anniversary of Papua New Guinea’s currency. This occasion, held as a half of the Bank’s 50th anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025.