Papua New Guinea must stop crafting “a rulebook for every project” and instead focus on building reliable, trade-enabling infrastructure to underpin a strong and inclusive economy, said Chey Scovell, Vice President of the Port Moresby Chamber of Commerce and Industry (POMCCI). Speaking at a POMCCI-hosted breakfast forum on Thursday, 3 July, at the Roya...

Kumul Consolidated Holdings (KCH), the trustee shareholder of the country’s state-owned enterprises (SOE), and PNGX Group Limited (PNGX Group), the holding company of PNGX Markets Limited, operator of Papua New Guinea’s national stock exchange, have signed a memorandum of understanding (MOU) aimed at improving SOE governance and unlocking new investment p...

15 June marked a significant milestone for Papua New Guinea as the government officially launched the Special Economic Zones (SEZ) Foundation Policy 2025–2032 during a high-profile ceremony at APEC Haus in Port Moresby—an event hailed by national leaders as a transformative moment in the country’s economic journey. Hosted by the Ministry of Internation...

Prime Minister Hon. James Marape and Autonomous Bougainville Government President His Excellency Ishmael Toroama today signed the landmark Melanesian Agreement in Port Moresby, charting a peaceful and legally defined course for the next phase of the Bougainville peace process. The ceremony was witnessed by Moderator Sir Jerry Mateparae, ministers from ...

Prime Minister Hon. James Marape has officially unveiled the inaugural board of Papua New Guinea’s National Rugby League (NRL) team and launched a national competition to name the team and compose its theme song, declaring the moment as “historic for sport and nation.” The announcement was made during a packed press conference held at the Santos Nation...

Prime Minister Hon. James Marape has restated his government’s strong and clear commitment to small and medium enterprises (SMEs), describing them as the “heartbeat of Papua New Guinea’s economic future”, and central to national efforts to grow the economy to K200 billion. Speaking during the 7th TISA Bank SME Breakfast and Awards Launch in Port Moresb...

The PNG Ports Corporation (PNG Ports) has presented a cheque of K200,000 to take up Gold Sponsorship for the upcoming 2nd Papua New Guinea Special Economic Summit that will be hosted at the APEC Haus in Port Moresby from August 31st- September 3rd, 2025. The Minister for International Trade and Investment, Hon. Richard Maru, thanked the Chairman of the...

As Papua New Guinea continues to strengthen its economic ties with Australia and the broader Pacific, Westpac is proud to reaffirm its commitment to regional growth and connectivity as a Diamond Sponsor of the 40th Australia Papua New Guinea Business Forum & Trade Expo. Held in Port Moresby, the Forum remains a cornerstone event in the bilateral bu...

The Minister for International Trade and Investment, Hon. Richard Maru, this morning, welcomed Mayur Industrials PNG Limited as a Gold Sponsor for the upcoming 2nd Papua New Guinea Special Economic Zones (SEZ) Summit, to be held at the APEC Haus in Port Moresby from August 31st to September 3rd, 2025. Mayur Industrials PNG Limited is a wholly owned sub...

In a crucial step towards improving transparency and governance in the extractive industries, the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) convened a two-day Pre-Validation Workshop from 9–10 June in Port Moresby. The workshop brought together members of the Multi-Stakeholder Group (MSG) and staff from the PNGEITI National ...

The Kumul Consolidated Holdings (KCH) today presented a cheque of K200,000 to take up Gold Sponsorship for the upcoming 2nd Papua New Guinea Special Economic Summit that will be hosted in Port Moresby from August 31st- September 3rd, 2025. The Minister for International Trade and Investment, Hon. Richard Maru, thanked the Managing Director for KCH, Pro...

The Minister for International Trade and Investment, Hon. Richard Maru, today, confirmed that the Prime Minister, Hon. James Marape, is set to officially launch the Papua New Guinea Special Economic Zone Foundation Policy (2025- 2032) on Sunday evening of June 15, 2025, at the APEC Haus in Port Moresby. “I want to thank all the sponsors of the inaugura...

Prime Minister Hon. James Marape has praised the strengthening of bilateral relations between Papua New Guinea and France, following a landmark meeting with French President Emmanuel Macron during the 3rd United Nations Ocean Conference. Prime Minister Marape described the bilateral as “one of the most significant engagements” for Papua New Guinea at t...

Papua New Guinea has signed a landmark treaty for the governance of the high seas at the 3rd  United Nations Oceans Conference in Nice, France. Prime Minister Hon. James Marape signed the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement) on Monday (09.06.25). The s...

Global information technology (IT) management leader SolarWinds has officially expanded its presence to Papua New Guinea, partnering with Daltron PNG, a pioneer in the country's ICT (information and communications technology) sector. A launch in Port Moresby celebrated the milestone event, marking a significant step toward strengthening the country’s d...

The management team from a Filipino multi-billion-kina company, Century Peak Holdings Limited Corporation, visited Papua New Guinea (PNG) this week to assess major investment opportunities in the country. Their specific interest is to start a 10,000 hectares rice farm, invest in property within the Paga Hill Special Economic Zone, and they also want to in...