The Minister for International Trade and Investment, Richard Maru, has welcomed the decision of Swedish company Epiroc to pursue a potential long-term investment in Papua New Guinea (PNG), with a particular focus on the mining sector, downstream processing, and developing and upskilling PNG’s engineering workforce. The Minister met with Epiroc’s Busine...

MiBank, PNG's largest microbank, is proud to announce a groundbreaking partnership with Digicel PNG Ltd, PNG’s leading telecommunications, ICT, and mobile financial service provider. The partnership between MiBank and Digicel Financial Services Limited (DFSL) marks the first-of-its-kind collaboration in PNG, enabling customers to transfer funds instant...

 PNGX Group and MUFG Pension & Market Services announced that they have reached agreement for PNGX Group to acquire PNG Registries from MUFG Corporate Markets, a division of MUFG Pension & Market Services. The transaction is subject to clearance by the ICCC. The proposed acquisition represents a significant milestone in the strategic developmen...

Prime Minister James Marape has outlined the Economic Transformation and Implementation Pillars of the PNG Reset@50 Roadmap, describing them as “the engine room of growth, jobs, and national productivity for the next 20 years.” The roadmap sets a vision for Papua New Guinea’s economic and social development through evidence-based governance, private se...

There is significant potential for Papua New Guinea (PNG) and New Zealand (NZ) to deepen their trade and investment relationship, Minister for International Trade and Investment Richard Maru said, addressing a delegation from the New Zealand-PNG Business Council. “In terms of trade, PNG’s exports to NZ are valued at US$15 million, while NZ’s exports of...

Japan is the first country in 50 years to receive visa-on-arrival privileges for all its passport holders entering Papua New Guinea (PNG), according to Minister for International Trade and Investment Richard Maru. “This is a very historic and one of the best decisions by the Marape-Rosso Government in terms of its bilateral, security, and trade and inv...

The Autonomous Bougainville Government (ABG) and the Government of Papua New Guinea’s Department of Information and Communication Technology (DICT) on 27 November formally signed a Memorandum of Understanding (MoU) to advance digital development in Bougainville. The signing took place at the conclusion of the four-day Digital Transformation Summit host...

BSP Financial Group Limited has reaffirmed its commitment to ongoing digital transformation, expanding its product offerings to make banking simpler, faster, and more secure for its customers. BSP Retail General Manager Ronesh Dayal, while addressing the Digital Summit in Port Moresby this week, said BSP is progressing from foundational digital advance...

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...