The PNG Customs Service and EastWest Transport (EWT) have signed a Memorandum of Intent (MOI) for the trial implementation of the Trusted Trader Program (TTP) marking a significant step towards securing, streamlining and facilitating legitimate trade in PNG. The MOI was signed at the PNG Customs Headquarters at Waigani last week by Customs Chief Commis...

Steamships and Tininga Ltd have broke ground on joint venture project, Dobel Central, a mixed-use mega mall which will change the economic landscape of Mt Hagen and Western Highlands. The new, state-of the-art 10,000m2 development will play a critical role in driving progress across agriculture, MSMEs, tourism, and other key sectors in the Highlands regio...

The Department of Works and Highways has gone ahead to execute the Connect Papua New Guinea Project, reaffirming the Marape-Rosso government’s commitment to connect the country by main highways and to bring services and opportunities to the rural populace. Prime Minister Hon. James Marape emphasized that the new roads will serve as crucial links to mar...

Prime Minister Hon. James Marape has warned that Papua New Guinea will not be immune from the ripple effects of global economic shocks stemming from recent United States tariff hikes, and has urged the country to remain vigilant as his government monitors and manages the situation. Prime Minister Marape said today the sweeping tariff increases imposed ...

The Minister for International Trade and Investment, Hon. Richard Maru, yesterday, opened the Consultation Workshop organized by the Department of International Trade and Investment and the National Trade Office on the total review of the full impact of the new U.S tariff increases. Minister Maru told the participants from both Government and the priva...

The 2025 Fiji-PNG Business Mission marked a major milestone in bilateral trade and investment cooperation between Fiji and Papua New Guinea. Hosted by Investment Fiji in March 2025, the mission was led by Fiji’s Deputy Prime Minister and Minister for Trade, Manoa Kamikamica, and focused on deepening economic engagement with one of Fiji’s largest trading p...

The Asian Development Bank (ADB) has reaffirmed its strong commitment to Papua New Guinea’s development, praising the Marape-Rosso Government for its sound macroeconomic reforms and announcing a significant scaling up of investments in transport, energy, education, health, and agriculture. Speaking during the PNG and World Economic Update, a high-level...

Prime Minister Hon. James Marape has led a ground-breaking ceremony at Bereina Station to officially launch the major redevelopment of the Hiritano Highway, a key national infrastructure project that will link Port Moresby to Kerema and unlock the economic potential of Papua New Guinea’s southern corridor. The ceremony, organised by the Department of W...

The Kerowagi District in Papua New Guinea's Simbu Province recently launched the Kerowagi Rugby Football League (KRL) Commissioning as part of the government's efforts to empower youth and develop communities through sports. Member of Parliament Hon. Francis Kikin Siune, in an exclusive interview with PNG Business News, emphasized the district's motto,...

Cricket Papua New Guinea (CPNG) recently received support through a partnership between the Australian Defence Force (ADF), the Australian government PacificAus Sports program, and Cricket Australia (CA). Representatives from the ADF presented approximately 20 boxes of Cricket Australia merchandise to Cricket PNG in a handover ceremony held at Amini P...

The Chair of the Monetary Policy Committee and the Governor of the Bank of Papua New Guinea (BPNG), Elizabeth Genia, hosted a breakfast presentation on the 2025 Economic Outlook of PNG at the Royal Papua Yacht Club on April 9. Genia spoke on the March 2025 Economic Outlook, outlining sweeping changes in monetary policy, economic trends, and financial s...

After a rebound in economic growth in 2024 at 4.3% driven by both resource and non-resource sectors, Papua New Guinea’s (PNG) economy is forecast to grow by 4.2% in 2025 and moderate further to 3.8% in 2026 amid development challenges and rising geoeconomic risks, says the Asian Development Outlook (ADO) April 2025. Power blackouts, security challenges...

Ok Tedi Mining Limited’s (OTML) Managing Director & Chief Executive Officer (CEO), Kedi Ilimbit, has congratulated The North Fly District Development Authority (NFDDA) and the PNG Sustainable Development Program (SDP) on the successful opening of the new Kiunga Airport Terminal. Mr Ilimbit made the comments following the opening of the terminal and...

Compliance to policies, mining laws and upholding ethical values have been the corner-stone of the Mineral Resources Authority’s (MRA) delivery of regulatory services to the country’s mining industry and government, said the MRA’s Managing Director Jerry Garry. Mr Garry was speaking during the hand-over, take-over ceremony of the Mining Ministry betwee...

The Minister for International Trade and Investment, Hon. Richard Maru, officially discharged the Papua New Guinea (PNG) team to the World Expo 2025 in Osaka, Japan which will be held from April 13 to October 13, 2025. “The Commissioner General of Section PNG, Ambassador Gabriel Dusava and his core team will depart this weekend, and in the coming weeks...

The Minister for International Trade and Investment, Hon. Richard Maru, after his visit to Finschhafen in Morobe Province today says he is impressed with the proposed Finschhafen Integrated Special Economic Zone (SEZ). Minister Maru visited the proposed hydro sites and the locations for the proposed limestone mining project and cement production, and t...