PNG Commodities Magazine

PNG Commodities Magazine It also looks at new commodities, PNGs lucrative fishery sector innovations and more
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Nationally-owned 'PNG Commodities' magazine is a quarterly publication wholly dedicated to reporting on PNG’s vast cash crop development and Agriculture sector.

PNG Commodities Magazine would like to inform our clients, friends and family on the untimely passing of our Managing Ed...
05/04/2023

PNG Commodities Magazine would like to inform our clients, friends and family on the untimely passing of our Managing Editor, Late Kamo Kini.

31/03/2023
Our printing rates are definitely within your budget.Call in and see us now for your printing needs!We are located at Se...
27/03/2023

Our printing rates are definitely within your budget.

Call in and see us now for your printing needs!

We are located at Section 137 Allotment 30, Tyndale Wing, Suite 20, 21 & 22, PNG Bible Translation Association (PNGBTA) Headquarters along Mokoraha Road, adjacent to PNG Fire Service and opposite Koyasi Printing & Lifeline, North Waigani.

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Local apples🍎🍏 from Menyamya District, Morobe Province 🇬🇦 sold at supermarkets in Lae City...
22/03/2023

Local apples🍎🍏 from Menyamya District, Morobe Province 🇬🇦 sold at supermarkets in Lae City...

17/03/2023

Keep watching this space for our February Issue...coming out soon🔥💪🏿

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15/03/2023

For all your printing needs, don't hesitate to reach out to us. Our prices are definitely within your budget.

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EXPERTS ISSUE WARNING OVER PNG’S RISING DEBTSBy Philip Dowa-------------------------Senior academics have jointly expres...
15/03/2023

EXPERTS ISSUE WARNING OVER PNG’S RISING DEBTS

By Philip Dowa

-------------------------

Senior academics have jointly expressed serious concerns that the excessive borrowings by the Papua New Guinea government over the past years is putting more economic pressure on the country.

Professor Satish Chand from the Australian Defence Academy and Dr Osborne Sanida, the Director of National Research Institute (NRI) in a document titled ‘Fiscal Policy for Sustainable Debt in PNG’ highlighted that the country is at risk where the gross excessive loan has risen beyond the Gross Domestic Product (GDP) putting a heavy strain on the economy.

“This is not only misleading but potentially dangerous. Papua New Guinea is a case in point where ceilings on public debt were enacted to prevent politicians from indulging excessive borrowings … debt levels already rising,” the report said.

A fiscal policy review conducted by the two academics found that the gross debt of the country is equal to the total stock outstanding government liabilities.

They stressed that bonds issued by the Treasury Department draw-downs of deposits from the Central Bank and loans from private sector (domestic and international) financial agencies places legal obligation for the government to pay creditors specific amounts at specific intervals.

“The rapid increase in public debt over the past two years (2020-2021) has raised the question of the capacity debtors (PNG government) to meet their obligations.

“Fiscal policy is considered sustainable only if the government is able to meet all of its current and future payment obligations without resorting to exceptional financial assistance or going into default,” the report highlighted.

It said the IMF has already sounded warning to the low-income countries of a risk of high debt distress and with public debts increasingly rising and countries including PNG need to calibrate its fiscal policies based on its own conditions and circumstances.

The experts said that on a good note PNG is not heavily indebted as the public debt highlighted by the Treasurer Ian Ling Starkey pointed out that in 2021, the public debt reached 52 percent of the GDP.

“For PNG to sustainably manage its economy two approaches are suggested which include the Present Value Constrain (PVC) and the Accounting Approach (AA),” the report noted.

The report adds: “That politicians use the rate of Gross Domestic Product (GDP) movements in the exchange rate domestic and abroad to secure commercial loans.

They experts said that in the case of PNG, government has been accumulating debt because of the ultra-low interest rates.

Our February issue is due for release soon.If you are a business or organisation focusing on making an impact within the...
13/03/2023

Our February issue is due for release soon.

If you are a business or organisation focusing on making an impact within the agriculture sector, contact us today and make use of our advertising packages available.

PNG Commodities Magazine

"Promoting Papua New Guinea's Green Revolution"

DEER FARMER CALLS FOR GOV’T SUPPORT IN PHASING OUT MEAT IMPORTS-------------------------By Philip DowaGovernment has bee...
13/03/2023

DEER FARMER CALLS FOR GOV’T SUPPORT IN PHASING OUT MEAT IMPORTS

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By Philip Dowa

Government has been challenged to phase out importation of meat products and replace with alternate local substitute to encourage production.

Michael Tofeo, the owner of Kuiyapo and Wasua deer farms in the Delta Fly District of Western Province said the government needs to encourage local production by way of putting resources into deer farming.

“In the Western Province we have huge agriculture land lying idle and also with having deer roam freely around the plains that we can capture to supply the entire country,” Mr Tofeo offered.

“I have proven this by capturing wild deer now in stock at yard in my two farms with about 209 herds and they are multiplying fast,” he added.

He explained that while cattle can be re-established throughout the country, the deer production must also be propagated.

Mr Tofeo stressed that deer can reproduce faster than cattle with one female deer capable of producing 12 calves annually.

“That is 12 times more than what beef cattle can produce in a year and I want the government to come to my aid by increasing and extending the stock on my farm to encourage those from Western and other parts of PNG into deer meat production,” he said.

His submission for technical and financial assistance has been forwarded to the Livestock Development Corporation, the South Fly and Delta Fly Districts and Western Provincial Government for funding assistance since 2022 with the hope of getting a response sooner.

Mr Tefeo said that all funding agencies have expressed their support for the project but have not made any firm commitment and giving assurances to fund the project.

“I have taken officers from the two districts involved, Western Provincial Government and LDC officers in Port Moresby to physically inspect the project.

“LDC and the two district administration offices promised to help launch out the programme but have yet to commit funding,” Mr Tofeo said.

He said deer meat is a new initiative and the people of Western are very eager to participate in the industry if only the government honours its commitment.

The deer farmer urged all agriculture sector agencies to work and live up to the Marape government initiative to Take Back PNG, stressing that to implement this they must plan to utilise what litte the people have on their land as deer is one of the commodities abundantly available in the Western Province.

FPDA PARTNERS WITH WHP GROUP TO DRIVE BULB ONION FARMING-------------------------By Philip DowaFresh Produce Development...
13/03/2023

FPDA PARTNERS WITH WHP GROUP TO DRIVE BULB ONION FARMING

-------------------------

By Philip Dowa

Fresh Produce Development Agency (FPDA) has ventured into major domestic bulb onion farming production in partnership with the Word Foundation Interdenominational Association (WFIA) in Western Highlands.

Under this joint partnership programme the WFIA in collaboration with the community will farm the bulb onion project to be managed by FPDA which has the capabilities in horticulture farm management.

The programme initiated by WFIA and launched at the Konda village on the outskirts of Mt Hagen City aims to transform Western Highlands into one of the key bulb onion growing areas to meet local demand.

At the current rate, almost two-thirds of bulb onion is imported and the other one third supplied locally by growers mainly from Simbu, Eastern Highlands and other provinces.

FPDA was selected to partner with WFIA and the communities from Western Highlands because the organisation has the capabilities in the technical expertise to provide advice on improving the cash crop production in order to meet the rising domestic demand.

Board chairman of FPDA Mr Fabian Chow who was invited to witness the occasion expressed the Agency’s intention to improve production and make Western Highlands a leading supplier of domestic bulb onion complementing other local suppliers.

He encouraged growers to consistently feed the domestic market stressing on the current shortage of bulb onion supply experienced in the county, importantly, adding that it is a crop that can be grown locally.

“I challenge the growers that PNG cannot continue to import basic goods which can be produced here as the country has fertile soil and climatic conditions for the commodity and that more people should get involved in bulb onion production,” Mr Chow said.

He stressed that though Simbu has a small landmass compared to other provinces, Kundiawa Gembogl district has been identified as the leading bulb onion area in all of PNG.

He said the bulb onion farmers have used this crop to improve their livelihoods, building good houses for their families and venturing into small SME operations.

Mr Chow committed K15,000 from his board towards WFIA foundation as a means to assist the group expand the project throughout the province.

AGRI EDUCATION SYLLABUS A MUST FOR ALL GRADES-------------------------Morobe’s Education Chairman and President of the S...
13/03/2023

AGRI EDUCATION SYLLABUS A MUST FOR ALL GRADES

-------------------------

Morobe’s Education Chairman and President of the Sialum Local Level Government Bobby Toby wants the national government to make agriculture education compulsory from elementary up to grade 12.

For wealth creation agenda for the country, Mr Toby said the government’s education syllabus must include agriculture as part of the core curriculum to be taught within the formal education system with real practical teaching so that every child graduation from school will have the basic knowledge to sustain themselves after leaving formal education.

“At the current education system we are producing a time bomb that will one day blow up and destroy this beautiful country,” the education chairman warned.

“As you can see our children come out of school without any hope to contribute and we are creating a scene for future disaster.

“I’d rather see our young people using their youthful energy actively involved in agricultural activities so that it can help sustain their livelihoods and in turn contribute to wealth creation,” Mr Tobby said.

He challenged Prime Minister James Marape to instruct education planners to seriously review the education curriculum and design a system with more local content that can positively impact local population and assist in the development of Papua New Guinea.

“The country has huge potential in the agriculture sector and the current Marape-Rosso government is treading in the right direction by promoting agro-economic development but it needs to set the phase for its people through proper mentoring by way of designing the system to include agriculture at an early age,” the chairman said.

“While their economic projections for the country are based on the current developments in the extractive industry particularly on oil, gas and mineral developments, the government should also be mindful of sustainable economy through the enhancement of agriculture development.”

He said the government must not mortgage the country’s resources to gain quick economic benefits while putting the future generations at risk with its uncontrollable debt rising.

“It’s high time for leaders to plan properly and assist the younger generation to become good stewards in promoting and protecting their resources through commercial agriculture and that must happen through educational indoctrination,” Mr Toby said.

Image Courtesy: DevPolicy Blog

Lihir committed to training future industry leaders in PNG.-------------------------A group of 25 students are spending ...
02/03/2023

Lihir committed to training future industry leaders in PNG.

-------------------------

A group of 25 students are spending six-weeks at Newcrest Mining Lihir’s gold operations, where they will be doing industrial training.

Of the 25 students, nine are from New Ireland of which three are female. There are 11 female students in this batch.

Lihir offers a wide range of training opportunities as it embarks on
identifying and recruiting the right talents, including building a healthy talent pool.

One such programme is the Industrial Training programme, which creates a safe space for students to learn and gain experience through exposure to real work scenarios and hands-on training.

The program is part of Newcrest Mining Lihir’s Young Talent Program.

“We are committed to developing our talents, as we have done since the mine commenced operations,’’ Alex Rogea, Lihir’s Human Resource Manager said when welcoming the students.

“We have a number of training initiatives, one of which is the industrial training program.’’

He encouraged the students to set goals and work towards achieving them.

“It’s also good to set personal goals and plans to where you want to be in life, and work according to your plan and your goals. Build relations and your networking, as this will come in very handy.”

Industrial trainee Kathleen Aruma completed her studies last year and will be graduating with a bachelor’s degree in Mineral Processing Engineering from Papua New Guinea University of
Technology (PNGUoT).

She is attached to the Metallurgy section under the Process Plant
department.

“This is my second time on the Industrial Training Program; I was here last year for a period of six weeks.

I am currently four weeks into this year’s Industrial training program, and it’s been just as fun as the first time,” Kathleen said.

“I was mostly excited about joining the program because I had heard about the exposure such training provides.

That is; exposure to such a diverse workforce and at one of the world’s largest gold mines.”

Information about the program caught Kathleen’s attention at a career roadshow, where she made a swift decision to apply straight away.

“I knew I was going to learn so much not only in the metallurgical/process engineering space but in other fields as well.”

The industrial training program is unique, in that, it creates a complete career pathway for the trainees from University level to being a graduate development trainee, and on to a professional role at Newcrest Mining Lihir.

Through the Newcrest Lihir Young Talent programme, the company
provides the pathway for university students who aspire to develop a career in the mining industry. The company is partnering with institutions such as University of Papua New Guinea, Don Bosco Technological Institute, Pacific Adventist University and (PNGUoT) to source and maintain talent supply of quality professionals to meet future demands.

A total of 75 students have been through this program since its
commencement three years ago.

Our January issue is out now.Get in touch with us on telephone 326 0555 or email: info@pngcommodities.com.pg to check ou...
27/02/2023

Our January issue is out now.

Get in touch with us on telephone 326 0555 or email: [email protected] to check out our subscription packages available.

PNG Commodities Magazine

"Promoting Papua New Guinea's Green Revolution"

BAN ON CHICKEN IMPORTS FROM AUSTRALIA AND ASIA NECESSARY – MINISTER MARU------------------------The ban on the importati...
22/02/2023

BAN ON CHICKEN IMPORTS FROM AUSTRALIA AND ASIA NECESSARY – MINISTER MARU

------------------------

The ban on the importation of fresh, frozen, chilled chicken and chicken products from Australia and Asia is necessary for the health and safety of the industry and the people of Papua New Guinea, says Minister for International Trade & Investment Hon. Richard Maru.

He said Papua New Guinea’s institutions still do not have the capacity and the appropriate technology to contain such an influenza outbreak in the country which can destroy the smaller producers.

“Therefore, it is necessary for the import ban to be imposed on these products from these regions. It is also important for the General Public to note that the health and safety of our people and the industry is a matter of National Security which cannot be compromised,” the minister warned.

The ban on the importation of fresh, frozen, chilled chicken and chicken products from Australia and Asia came into effect on January 6, 2023.

The National Agriculture Quarantine Authority (NAQIA) deemed the impact of the Avian Influenza outbreak in the Asian and Australian Poultry industry as a threat to Papua New Guinea’s biosecurity because contaminated poultry products can affect both animal (all bird species) and public (consumers) health, and impact trade and economies.

“PNG is free from major bird diseases, however, our closest neighbors and significant trading partners in Australia and Asia are not free from bird diseases like avian influenza.

Avian influenza, or bird flu, is an infectious disease caused by a type of influenza virus. Since 1976, there has been eight outbreaks of Avian Influenza in Australia with the largest outbreak in Victoria in 2020.

Despite successful containment of these disease outbreaks, there are consistent threats of more outbreaks in the future. In Asia, virulent strains of avian influenza continue to cause human fatalities as the virus is consistently evolving.

Minister Maru said an outbreak of avian influenza in PNG will be catastrophic.

“We are still developing our capacity to manage the biosecurity risks and have taken the right steps in developing our Biosecurity Policy in 2022.

“However, we are not there yet. Let us look at some examples. We are struggling to contain the African swine fever that is impacting our piggery industry, the coffee berry borer that is affecting our coffee industry and we are just understanding how to live with cocoa pod borer after its incursion rocked our cocoa industry.”

The minister announced that in the interest of safeguarding the K1 billion Poultry Industry of PNG and our rich biodiversity of unique native bird species, the PNG Government, through NAQIA, are imposing the ban of poultry products from Australia and Asia.

“It is our Government’s duty to protect our people and industry. Poultry products are PNG’s primary source of protein and half (50%) of our poultry industry is dominated by people as out growers who produce for the live chicken market,” Minister Maru declared.

“Papua New Guinea, as a member of the World Trade Organization (WTO), is obliged to adhere to the rules administered by the organization purposely to liberalize trade, however, there are some circumstances that these rules could support maintaining trade barriers, for instance, to protect consumers, prevent the spread of diseases and protect the environment.”

Import ban is restricted under the WTO under the General Agreement on Tariffs and Trade (GATT), governing the trade in goods.

“However, under these circumstances as announced by NAQIA, we apply General Exception to this obligation where it is permitted under the same agreement on the basis of National Security.”

As a member of WTO, PNG is obliged to notify trading partners accordingly of this import restrictions that it is a temporary measure to assess the Influenza and the strength of our institutions to contain it if it reaches PNG, he said.

The Ministry of International Trade and Investment will be working with concerned Departments and agencies including NAQIA and national Health Department to provide a report within three months with scientific data to substantiate the action taken to ban importation of fresh, frozen, chilled chicken and chicken products from Australia and Asia.

This import restriction is set to increase the cost of poultry products domestically due to supply and demand.

“However, I want to call on ICCC to ensure that there should not be any price hike as there is in-country capacity and enough supply to meet the demand,” Mr Maru said.

Poultry meat consumption per capita reached 3.83kg in 2019 in PNG, according to FAO statistics. This is 14% more than in the previous year.

Historically, poultry meat consumption per capita in PNG reached an all-time high of 3.83kg in 2019 and all-time low of 2.36kg in 2010 (poultry website). If PNG population is 10 million, then these consumption statistics could show a massive 40 million kg consumption in PNG per year with an estimated K1.6 billion worth of meat products consumption.

These figures do not include egg products and consumption in PNG which means the volume of layers and egg production alone with consumption is unaccounted for in this report.

“There is a huge demand in-country for chicken and there are two main suppliers and I encourage small local suppliers to increase your production,” the minister noted.

Meanwhile, the minister said he will be meeting with the Australian companies in the poultry industry on his way to the PNG-Australia Ministerial Forum next month to invite them to invest in PNG.

“Our vision is to be the major exporter of chicken to the Asia-Pacific Region. For example, Singapore have already asked to buy chicken from PNG but we do not have the capacity and our prices are still too high because we continue to import feed.”

“We are inviting major chicken feed producers to come to Papua New Guinea to invest in setting a large feed industry so we can reduce the cost of chicken by half and position PNG to be a major exporter of chicken to the Asia-Pacific Region,” Minister Maru said.

22/02/2023

PNG Commodities, a 100% nationally-owned monthly glossy publication, is wholly dedicated to reporting on PNG’s vast diverse and unique development of the cash crop industry and the Agriculture sector in general. Recently, we diversified our coverage to other important sectors including Extractives, Fisheries & Marine Resources and Forestry as we experience exponential growth in these industries.
There is a great opportunity for our magazine to partner with any business, Government institutions and agencies, development partners as well as resource groups and farmer cooperatives and through this unique approach we will promote your product & services, your organization’s development objectives and create awareness of your specific programs and projects in your sustained effort in driving the economy of our country.
It is our aim to share all the inspiring stories in Agriculture and all other sectors, highlighting complex issues, challenges & opportunities, and of course provide the masses with special content that will empower a wider cross-section of ordinary Papua New Guineans.

Our advertising packages are out now.Contact us today to secure your spot.
22/02/2023

Our advertising packages are out now.

Contact us today to secure your spot.

The first shipment of 200 head of cattle from Sialum in Tewai-Siassi, Morobe, arrived today at Keapara Jetty in Rigo, Ce...
28/12/2022

The first shipment of 200 head of cattle from Sialum in Tewai-Siassi, Morobe, arrived today at Keapara Jetty in Rigo, Central, for transportation to Launakalana Ranch. The shipment, organised by Livestock Development Corporation. Is per the Marape Government’s direction to beef up the livestock industry in PNG.

Pics & Words by MALUM NALU

02/12/2022

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PNG Commodities Magazine on display at the SME FAIR that is  running on the sidelines of the 3rd EU-PNG Business, Trade ...
11/10/2022

PNG Commodities Magazine on display at the SME FAIR that is running on the sidelines of the 3rd EU-PNG Business, Trade & Investment Conference currently in progress which ends tomorrow.
Our staff Pokana Nouairi and Charlie Alfred have both been busy mixing it with other PNG MSME operators and also Conference participants marketing and promoting the Magazine.
Pic caption:
Below Pokana and Charlie meet with PNG Tourism Promotion Authority (TPA) Officer Ms Joanne Koyabina.

15/08/2022

Registration is open for Delegates, Sponsorship and Exhibition Booth's at the 16th PNG Mining and Petroleum Investment Conference and Exhibition.

The Management and Staff of PNG Commodities, trading as PNGCOM Media and Marketing Services, wish to warmly extend our C...
04/08/2022

The Management and Staff of PNG Commodities, trading as PNGCOM Media and Marketing Services, wish to warmly extend our CONGRATULATIONS to the new Member-elect for North Wagi, Mr Benjamin Mul. We are a proud SME publishing & printing business to have been engaged prior to commencement of polling by the Member-elect to print 30,000 Election Posters and 40,000 ID/Business Election Cards.
For your Printing needs, we have the capacity!!! Contact us on Tel: 3260555, Mobile: 75267741 or via email: [email protected]. We are located at: PNG Bible Translation Association headquarters, Tyndale Wing, Suites 20, 21 & 22, Mokoraha Road, adjacent to PNG Fire Station, North Waigani

13/05/2022
Ramu Agri Industries Ltd CEO Ruari McWilliam, Oil Palm Industry Corporation (OPIC) Acting General Secretary Kepson Pupit...
18/03/2022

Ramu Agri Industries Ltd CEO Ruari McWilliam, Oil Palm Industry Corporation (OPIC) Acting General Secretary Kepson Pupita and Chairman of Palm Oil Producers Association Robert Nilkare in discussion after today's Second Stakeholder Consultation on review of the OPIC Act in Port Moresby.

PC: Malum Nalu

Mr Nichol Colbran, MD Colbran Coffee Lands Ltd making a presentation about the coffee industry at the Plantations and Co...
17/03/2022

Mr Nichol Colbran, MD Colbran Coffee Lands Ltd making a presentation about the coffee industry at the Plantations and Commercial Agriculture Conference at the PNGNRI, hosted by Wilson Thompson of the Farmers and Settlers Association Inc. His company owns one of the last coffee plantations in PNG. He says law and order is the biggest issue affecting his plantation operations. He says CIC and Govt must do more. And the growers must be in control. Read more in our March issue coming out end of this month.

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