Search results
Results from the WOW.Com Content Network
According to the Investment Promotion Authority of Papua New Guinea the major economic sectors are agriculture and livestock, forestry, mining and petroleum, tourism and hospitality, fisheries and marine resources, manufacturing, retailing and wholesaling, building and construction, transport and telecommunications, and finance and business trade. [24]
A review of medium-sized businesses in PNG showed that the majority are owned or part-owned by current or former politicians. [8] PNG has enormous resource potential through its natural endowments in mineral deposits, petroleum, forestry, fishing, and tourism.
The 2024 Papua New Guinean unrest occurred on 10 January 2024 in Papua New Guinea's capital Port Moresby, later spreading to Lae and other cities. The unrest began following protests by security officers due to a sudden reduction in their salaries and prime minister James Marape's tax deduction announcement which was later retracted.
The Papua conflict (Indonesian: Konflik Papua) is an ongoing conflict in Western New Guinea (Papua) between Indonesia and the Free Papua Movement (Indonesian: Organisasi Papua Merdeka, OPM).
These incidents lack documentation or investigation, consequently, perpetrators are rarely prosecuted or punished. The government of Papua New Guinea (PNG) has introduced legislation to combat these issues, though with limited success. Many traditional cultural practices are followed in PNG.
PNG has ratified 6 of the core human rights treaties; the third highest number in the Pacific behind New Zealand and Australia.These include the International Covenant on Civil and Political Rights (), International Covenant on Economic, Social and Cultural Rights (), the International Convention for the Elimination of All Forms of Racial Discrimination (), the Convention on the Rights of the ...
Diplomatic relations between Japan and Papua New Guinea were established on 16 September 1975, the date Papua-New Guinea became independent. Japan maintains an embassy at Port Moresby. Papua-New Guinea is currently the largest recipient of Japanese foreign aid in the Pacific. Ministerial level visits are frequent between the two countries. [70]
In the mid-1990s, the PNG economy was in crisis with financial support provided by the World Bank and the International Monetary Fund (IMF) on the proviso of economic reform with the first phase in 1996 to include defence. Successive attempts to reduce the size of the PNGDF in response to the country's economic problems provoked fierce resistance.