Papua New Guinea will launch a new investment platform with the inaugural PNG Infrastructure Investment Summit on 11 December 2025 in Sydney. The event is designed to attract institutional investors, infrastructure financiers and regional partners, showcasing major opportunities in telecommunications, transport, energy and defence-related infrastructure. ...

Air Niugini proudly supported the successful hosting of the 80th Association of South Pacific Airlines (ASPA) General Session in Port Moresby from 12 to 13 November 2025, showcasing not only the national airline’s leadership in regional aviation but also the unique cultural and economic strengths of Papua New Guinea (PNG). Over 100 participants represe...

Students and teachers at Sikalu Primary School in Kerema previously faced security concerns due to trespassing. That challenge has now been addressed with the installation of perimeter fencing and solar-powered lighting, creating a safer and more secure learning environment. The project was a joint effort by BSP’s Gordons Commercial Centre and Waigani ...

Papua New Guinea is set to establish its first-ever aviation degree programmes as the Government, Unitech and key aviation agencies move to address a critical shortage of local pilots, engineers and aviation professionals. The initiative, led by the Ministry of Civil Aviation, will introduce bachelor’s degrees in aeronautical engineering, aerospace engine...

The Papua New Guinea Customs Service (PNGCS) has confirmed to PNG Business News that it has received new support for its frontline border-security operations, following the donation of information technology equipment and drug and precursor test kits from the United Nations Office on Drugs and Crime (UNODC). The package includes six IT equipment sets a...

Visa is deepening its presence in the Pacific with the launch of a new regional office in Suva, Fiji, in an investment poised to reshape digital payments and unlock new opportunities for businesses across the Pacific Islands. The new Fiji hub will strengthen Visa’s ability to support banks, financial service providers, merchants, SMEs, governments and ...

Papua New Guinea’s efforts to strengthen transparency in public asset management took a significant leap forward on 5 November 2025 with the launch of KumulSoft’s Fixed Asset Management Platform. “Between 2015 and 2019, over 48 percent of our public institutions had unresolved fixed-asset management issues amounting to more than K3.7 billion. In 2018 a...

Papua New Guinea’s small-business landscape received significant attention in early November, with the Australian Government reaffirming its long-term commitment to strengthening the country’s micro, small and medium enterprise (MSME) sector. At the 2025 PNG SME Awards in Port Moresby, Australia recognised the ingenuity, resilience, and economic contribut...

The Port Moresby Chamber of Commerce and Industry (POMCCI) hosted a special Business Breakfast on 29 October, welcoming a high-level trade delegation from New Caledonia. The event, held at the Royal Papua Yacht Club, brought together government leaders, diplomats, and business representatives from both nations to explore new opportunities in mining, indus...

Papua New Guinea Prime Minister James Marape and Brazilian President Luiz Inácio Lula da Silva have called for strengthened collaboration between their nations on climate leadership, forest and ocean conservation, and sustainable development, highlighting the shared responsibilities of forest-rich countries in the Global South. The discussions took place ...

Prime Minister James Marape of Papua New Guinea has called on world leaders to “act now and act responsibly” to save the planet, urging nations to honour their commitments under the Paris Agreement and embrace nature-based solutions as the foundation of global climate action. Speaking at the World Leaders Climate Action Summit during COP30 in Belém, Pr...

Prime Minister James Marape has announced that Papua New Guinea’s bid to once again host the Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit has been accepted by APEC members for the year 2033. Prime Minister Marape made the revelation while commending his envoy to APEC 2025, Deputy Prime Minister John Rosso, for leading the PNG delegation and...

The Bank of Papua New Guinea (BPNG) and the Alliance for Financial Inclusion (AFI) have co-hosted a four-day Joint Learning Programme on Inclusive Green Finance (IGF) Policy Implementation, bringing together policymakers and central bankers from across the globe to strengthen climate-resilient and inclusive financial systems. Held in Port Moresby from ...

Papua New Guinea’s foreign exchange (FX) market remained active in the third quarter of 2025, with total market turnover reaching K16.2 billion (approximately USD 3.86 billion). According to BSP Financial Group Limited's (BSP) September Quarter Economic and Market Update, this represented a 9% increase compared with the same period last year, supported...

The final quarter of 2025 looks broadly positive, says BSP Group General Manager for Corporate Bank, Daniel Faunt, as he highlighted key insights from the September Quarter Economic Market Update. BSP Financial Group Limited (BSP) reported that business activity remained steady through the third quarter of 2025, supported by strong economic fundamental...

Four Westpac employees recently represented Westpac PNG at the Westpac Group Youth Network (TYN) Summit in Sydney, Australia, reinforcing the bank's commitment to fostering youth leadership and driving positive change in communities across Papua New Guinea. Corporate Affairs and Marketing Officer, Melanie Yumbrick; Staff Lending Manager, Fabian Aime; B...