Bank South Pacific (BSP) said Papua New Guinea’s economy remains “reasonably resilient” but warned that rising global and domestic pressures could weigh on growth for the rest of 2026. The bank released its March quarter 2026 Economic and Market Pulse, highlighting increasing uncertainties, including widening fiscal deficits, inflation risks, questions...

BSP Financial Group officially opened its newly upgraded full-service branch in Minj, marking a major step forward in expanding access to modern banking services in Papua New Guinea’s Highlands Region. The Minj opening signals more than just a physical expansion — it represents new opportunities for individuals, families and businesses across Jiwaka Pr...

The National Information and Communications Technology Authority (NICTA) and the Department of Information and Communications Technology (DICT) have signed a memorandum of agreement to strengthen coordination on key digital transformation initiatives in Papua New Guinea. The agreement sets out a formal framework for collaboration between the two agenci...

The Mineral Resources Development Company (MRDC) has announced a series of executive leadership appointments, including the historic naming of its first female chief risk officer, as the state-backed entity strengthens governance and organisational capacity. The appointments form part of a broader effort to reinforce the company’s leadership structure,...

 Air Niugini recently convened its 2026 National Sales Leaders Conference in Port Moresby, gathering regional sales managers, supervisors and key stakeholders to align strategies for expansion and customer engagement. The two-day conference, held from March 19 to 20 at the Gateway Hotel, carried the theme “Transformation — Stepping Up,” and served as a...

Master planning has emerged as a central tool in addressing climate vulnerability and rapid urbanisation challenges across Pacific cities, according to discussions at the Seventh Pacific Urban Forum in Papua New Guinea. Delegates at the forum highlighted how Pacific urban centres are increasingly exposed to overlapping risks, including cyclones, floodi...

Air Niugini has launched its first scheduled international service using the Airbus A220-300, marking a key milestone in its fleet modernisation programme and strengthening air connectivity between Papua New Guinea and Australia. The national carrier operated flight PX 90 from Port Moresby to Cairns on Friday, March 27, representing the aircraft type’s...

Papua New Guinea’s capital, Port Moresby, took centre stage in regional urban development in March, hosting the 7th Pacific Urban Forum (PUF7) from March 24–26, 2026—marking the first time the high-level gathering has been held in the country. Convened by the National Capital District Commission (NCDC) in partnership with regional and international age...

Westpac PNG has officially launched its Sister City Program, partnering 14 branches across Papua New Guinea with 14 branches from Westpac Group operations on the Gold Coast and Bayside to strengthen professional collaboration, knowledge sharing, and community support. The Sister City Program is a formal partnership between branches designed to promote ...

Papua New Guinea’s acting ICT minister Peter Tsiamalili Jr. has ordered sweeping reforms at the National Information and Communications Technology Authority after audit findings revealed significant weaknesses in financial management and governance. The minister said the Auditor-General issued a qualified opinion on NICTA’s 2019 financial statements, c...

Prime Minister James Marape said the government is pressing ahead with the Wafi-Golpu and Papua LNG projects while seeking to secure a larger share of economic benefits for Papua New Guinea, rejecting claims of delays. Responding in parliament to Bulolo MP Sam Basil Jr, Marape said ongoing negotiations are aimed at improving returns for the state and l...

Prime Minister James Marape said Papua New Guinea’s economy is strengthening, citing a sharp increase in government revenue over the past seven years, and reiterated that the government will not enter into resource agreements that undervalue national assets. Marape pointed to verified data showing that tax revenue has nearly doubled since 2018, the las...

Prime Minister James Marape has called for carefully planned and inclusive urbanisation across Papua New Guinea and the Pacific, stressing that cities must be designed to improve quality of life rather than become centres of congestion and inequality. Delivering the keynote address at the Pacific Urban Forum in Port Moresby, Marape said Papua New Guine...

 Westpac PNG recently hosted Westpac Group Senior Economist Justin Smirk in Papua New Guinea, where he shared insights on global and regional economic trends and their implications for PNG businesses and the broader economy. During the visit, Smirk engaged with senior business leaders and customers, providing an analytical overview of global economic c...

TISA Bank Limited and Crown Hotel Port Moresby have formalised a new strategic partnership with the signing of a Memorandum of Understanding (MOU) aimed at delivering exclusive hospitality discounts and enhanced digital payment services to TISA Bank customers and TISA Group employees. Under the two-year agreement, Crown Hotel will offer substantial dis...

Papua New Guinea’s National Parliament has launched an electronic funds transfer (EFT) system, marking a key step in modernising its financial operations and improving institutional service delivery. The rollout forms part of broader public finance reforms led by the Department of Finance, in collaboration with the National Payment Commission and the B...