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...

Prime Minister James Marape on 9 March 2026 officially opened 35 newly constructed permanent bridges along the Highlands Highway, describing the country’s most important transport corridor as the backbone of Papua New Guinea’s economy. The ribbon-cutting ceremony took place at Zumim Bridge in Markham District, marking the completion of the first major ...

PacSuper, Papua New Guinea’s oldest private-sector superannuation fund, has officially launched the country’s first fully digital Employer Portal, marking a major milestone in the ongoing modernisation of superannuation administration across Papua New Guinea. The Employer Portal builds on PacSuper’s implementation of PRIMS, a new administration system ...

Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia has assured the business community that Papua New Guinea’s recent placement on the Financial Action Task Force (FATF) grey list does not mean the country is unsafe for investment or business operations. Governor Genia made the remarks during a BPNG business breakfast meeting held on Monday, March...

Porgera, Enga Province: Reigning Miss Bird of Paradise PNG Iampela Popena joined women from local communities and the Porgera mine workforce to celebrate International Women’s Day (IWD), bringing a message of leadership, empowerment and equal opportunity. Popena arrived in Porgera on March 7, 2026, accompanied by Anna Bais, chairlady of the Miss Bird o...

TISA Bank Limited, a homegrown 100% Papua New Guinean financial institution, has emerged as a modern, values-driven alternative in the commercial banking sector after receiving its banking licence in 2024 — the year of the country’s 50th anniversary of independence. In an exclusive interview with PNG Business News, TISA Group Chief Executive Officer Mr...

Nambawan Super Limited (NSL) has announced strong financial results for the year ending 31 December 2025, with the Fund’s current Net Asset Value now totalling K13 billion (US$3.51 billion), reflecting continued growth despite a challenging global and domestic economic environment. The results were approved by the Nambawan Super Trustee Board and relea...

The National Information and Communications Technology Authority (NICTA) has signed a contract with Digicel (PNG) Limited to deliver the Connect the Schools Project (NPC 2023-21 – Fixed Broadband Services). The signing ceremony was held in Port Moresby and attended by representatives from NICTA, the National Procurement Commission (NPC) and Digicel PNG...

Papua New Guinea’s economy is forecast to expand by 4.6 percent in 2026, with prospects shaped by its recent grey listing by the Financial Action Task Force (FATF) and the anticipated Final Investment Decision (FID) on the US$13–14 billion Papua LNG project later this year, according to Westpac’s Westpac Wailis: PNG Economic Update and Outlook (February 2...

PNG Air wishes to advise the public and all valued customers that we are currently undertaking a comprehensive risk assessment in Wewak following recent developments affecting operations in the area. The safety and wellbeing of our passengers, crew and ground personnel remain our highest priority. As part of our standard operational procedures, PNG Air...

Papua New Guinea’s digital transformation and artificial intelligence (AI) agenda took centre stage as the government marked Safer Internet Day 2026 in February, with Acting Information and Communications Technology Minister Peter L. Tsiamalili Jr. reaffirming ICT and AI as critical drivers of economic growth and public sector reform. In a press statem...

Central Province has unveiled a K345 million (approximately US$93.2 million) 2026 budget aimed at accelerating rural economic growth, strengthening governance and improving financial independence, with significant allocations for security, infrastructure, skills development and local enterprise. The budget was formally presented to Treasurer Ian Ling-S...