Nambawan Super Limited (NSL), the corporate trustee of Papua New Guinea’s largest superfund, today issued a statement reassuring its 245,504 members and the general public, while highlighting the broader economic implications of rising fuel costs on households and businesses across the country.

The Independent Consumer and Competition Commission (ICCC) has confirmed that, effective 8 April 2026, retail prices for petrol, diesel and kerosene will see a significant increase.

In Port Moresby, petrol has risen to K6.10 per litre and diesel has risen to K7.69, reflecting global oil price pressures and international supply chain disruptions.

Addressing the situation, Nambawan Super Limited Chief Executive Officer Lachlan Baird noted that fuel price increases have a wide-reaching impact on the Papua New Guinean economy, driving up transportation, food and operational costs, which ultimately affect household spending and savings capacity.

“While these developments present short-term challenges, the Fund remains focused on safeguarding and growing members’ long-term retirement savings," Baird said.

“We recognise that the current spike in fuel prices is placing strain on household budgets across the country. These increases reflect current geopolitical complexities in the Middle East and associated disruptions to critical international shipping routes. While these global events create short-term volatility, Nambawan Super is built to withstand such cycles through a highly diversified investment portfolio," he added.

The executive also said such external shocks are part of broader economic cycles and reinforce the importance of long-term financial planning and disciplined investment strategies.

“The history of the Fund shows that we have successfully navigated numerous global crises, most recently the COVID-19 pandemic and subsequent economic shocks. While such events create significant short-term noise, their long-term impact on overall investment returns is typically limited. Our focus remains on the horizon, not just the next few months," he said.

Nambawan Super recently delivered a strong 12% interest crediting rate for the 2025 financial year, growing the Fund’s value to K13 billion. This performance was driven by disciplined management of both local and international assets.

“Members can be confident that their savings are being prudently managed by experienced investment experts who prioritise capital protection and sustainable growth," Baird said. “While annual returns may fluctuate due to external market conditions, NSL is well positioned to keep members’ savings secure. Our strategic asset allocation acts as a critical buffer against domestic and global volatility.”

Nambawan Super Limited remains committed to protecting and growing members’ retirement wealth.

Frieda River Limited (FRL) has taken a major leap forward in communications capability through its partnership with TE (PNG) Ltd to roll out its newest satellite technology at the project site.

The project site is situated in one of PNG’s most geographically challenging regions, where rugged mountains and vast river systems have long prevented the installation of mobile towers.

Through its partnership with TE (PNG) Ltd, FRL has successfully deployed OneWeb Low Earth Orbit (LEO) satellite technology, creating exceptional connectivity for both its project operations and surrounding communities.

This follows TE (PNG) Ltd becoming the first national company to secure NICTA approval for a OneWeb fixed land trial in Papua New Guinea.

A Transformational Connection for an Isolated Project

The Frieda River Project sits along a tributary of the Sepik River in Sandaun (West Sepik) and East Sepik provinces, a region characterised by steep terrain and the absence of roads or aviation access points for many villages.

The broader Sepik catchment spans roughly 78,000 km² and is home to more than 400,000 people, many living in small, scattered settlements across mountainous landscapes that make infrastructure development extremely difficult.

Communities such as Sokamin and Amaromin, located within the Frieda River catchment, have no road access or airstrips, with residents walking for days across mountains and rivers to reach basic services. These same terrain barriers have also prevented the establishment of mobile towers or terrestrial network infrastructure.

FRL Country Manager, Dr Joel Hamago, lamented that despite national efforts to expand digital access, rural Papua New Guinea remains significantly underserved.

“For FRL’s site, communications have historically depended on HF radio and limited satellite options, which is an operational constraint for safety, logistics and community engagement. FRL’s adoption of OneWeb’s LEO technology comes at a critical phase of project development. Once we have this running for site operations, we will consider expanding these services to our project communities, as this is critical infrastructure,” said Dr Hamago.

LEO Satellite Technology Benefits

LEO satellite technology addresses the precise challenges the region faces:

• Low latency suitable for operational coordination
• High reliability, unaffected by terrain
• Community access, bringing a digital lifeline where no other infrastructure exists

This installation marks one of the first deployments of OneWeb technology to support a future major PNG resource project and surrounding rural communities.

“We’re proud to be the first national company to receive NICTA approval for a OneWeb (Eutelsat OneWeb) Low Earth Orbit (LEO) fixed enterprise land service and to bring this capability into Papua New Guinea. This is a significant step forward for the country in terms of high-performance, low-latency connectivity for critical operations. We’re delivering this in close partnership with Sat.One as our upstream carrier, combining global capability with strong local implementation to ensure these services are reliable, scalable and properly supported on the ground,” TE (PNG) Ltd Managing Director Robbie Huxley said.

“Reliable connectivity has always been a challenge in remote parts of PNG. With the continued support and guidance of NICTA, this milestone represents the formal introduction of advanced LEO services into the country, opening up new opportunities for industry, government and communities. We’re also pleased to be working alongside Frieda River Limited on this project, supporting the development of the Sepik region through improved connectivity that will have a meaningful impact operationally, economically and at a community level," Huxley added.

The collaboration between TE (PNG) Ltd and FRL not only supports one of PNG’s most significant resource developments but also reinforces the value of investing in national capability.

With the OneWeb system now live at the site:

• Local communities can access digital services previously out of reach
• Site teams can communicate more effectively and safely
• Critical operations benefit from faster, more reliable data connectivity
• A national company is at the forefront of world-class satellite innovation in PNG

Westpac is making a significant investment in strengthening leadership capability across its Pacific businesses with the rollout of its best-in-class LEAD program in Papua New Guinea and Fiji this year, delivering training to 120 employees across the two markets.

LEAD is Westpac Group’s flagship leadership development program focused on building future-ready leaders through experiential learning, coaching, and strategic capability uplift.

The LEAD program is designed to build practical leadership capability, equipping participants with the skills, confidence, and mindset required to lead teams, support customers, and contribute to Westpac’s long-term success in the Pacific. The program will be delivered through in-person training sessions supported by online modules, ensuring the learning is relevant, grounded in local context, and immediately applicable in day-to-day roles.

By delivering the program locally, Westpac is enabling participants to learn alongside peers, strengthen networks across the business, and apply leadership learning directly within their teams and communities. The world-class format also supports deeper engagement, discussion, and reflection, reinforcing Westpac’s commitment to investing in meaningful, high-quality development experiences for its people.

The program covers:
• Leading Self – building self-awareness, confidence, and personal leadership effectiveness
• Leading Others – developing strong people leadership, communication, and coaching skills
• Strategic Thinking – strengthening decision-making and broader business understanding
• Leading Change – equipping leaders to navigate change and lead with agility
• Customer & Outcome Focus – linking leadership behaviors to customer and business outcomes
• Pacific Context Application – applying leadership skills in real-world PNG and Fiji settings

Maria Stefanac, Head of People, Pacific, said the LEAD program represents a significant investment in Westpac’s Pacific workforce.

“LEAD is a major investment in our people in Papua New Guinea and Fiji. We know that strong leadership is critical to creating a positive culture, delivering for our customers, and building a sustainable business for the future,” Ms. Stefanac said.

“This program has been designed to support our people to grow as leaders, build confidence in leading others, and develop skills they can apply immediately in their roles. By having Westpac Group trainers deliver the program here in the Pacific, we’re ensuring our leaders benefit from global expertise while learning in a way that is relevant, practical, and grounded in local context.”

Ms. Stefanac said the program also reflects Westpac’s broader commitment to developing talent from within and creating clear pathways for growth and progression.

“Investing in leadership capability is an investment in our future. Through LEAD, we are supporting our people to step into leadership roles, strengthen their impact, and continue to serve our customers and communities with confidence.”

Westpac Banking Corporation ABN 33 007 457 141. The liability of its members is limited. Westpac is represented in Papua New Guinea by Westpac Bank - PNG - Limited.

The LEAD program forms part of Westpac’s ongoing focus on capability building and people development across the Pacific, recognizing that empowered, well-supported leaders play a critical role in driving strong performance, engagement, and customer outcomes.

By continuing to invest in programs such as LEAD, Westpac is reinforcing its long-term commitment to its people in Papua New Guinea and Fiji and to building leadership capability that supports sustainable growth across the region.

The Remington Group has once again demonstrated its commitment to supporting communities across Papua New Guinea, contributing K10,000 to the PNG Bilums, the country’s women’s national football team.

In addition to the cash contribution, the group, through its sister company Paradise Breweries, has provided 100 cartons of Paradise water to support the team during training and competition.

This support reflects Remington Group’s long-standing focus on investing in people and backing initiatives that deliver meaningful impact. Across sport, education, and community development, the group continues to support programs that strengthen communities and create opportunities for Papua New Guineans.

The PNG Women’s National Football Team continues to play an important role in representing the country, inspiring the next generation of athletes through their discipline, resilience, and commitment both on and off the field.

“At Remington Group, we’ve always believed our role goes beyond business. Supporting our people and the communities we operate in is part of who we are,” said Remington Group CEO Justin Kieseker.

“We’re proud to stand behind the PNG Women’s Football Team once again. They represent the kind of determination and pride that inspires the country. If we can play even a small role in supporting their journey and encouraging more young Papua New Guineans to get involved in sport, then that’s something we’re proud of,” he added.

On behalf of the Papua New Guinea Football Association, Ahmjad Tekwie, general secretary of the Papua New Guinea Football Association, sincerely thank Remington Group for its support of the PNG Women’s National Football Team as they prepare for the OFC Women’s Qualifying Semi-Finals against American Samoa.

“This timely contribution will directly support the team’s training, camp requirements, and overall preparation at this important stage. Continued backing like this plays a vital role in the development of our national teams, and we are truly grateful,” he added.

The Remington Group remains committed to supporting initiatives that contribute to stronger communities and long-term development across Papua New Guinea.

In operating theatres, surgery can change a life in a matter of hours. For physiotherapist Cathy Pius, however, true transformation unfolds in the weeks and months that follow — in the slow, determined journey of rehabilitation, recovery and renewed hope.

Based at Modilon General Hospital in Madang, Cathy works under the Madang Provincial Health Authority (MaPHA), delivering rehabilitation services to patients recovering from general surgery, trauma, burns, and complex plastic and reconstructive procedures. Her role extends beyond bedside care; she also supervises physiotherapy students and junior staff, helping to build a stronger and more skilled health workforce in Papua New Guinea.

“I don’t think everyone realises how critical physiotherapy is,” she says. “Surgery repairs the structure, but rehabilitation restores function — helping people return to their families, their work and their communities.”

A journey shaped by service

Cathy’s professional journey has been deeply influenced by her longstanding involvement with Interplast, an international organisation delivering reconstructive surgery and specialist training across Asia and the Pacific. She was first introduced to the program in 2014 during her early training years at Modilon Hospital.

“At the time, Interplast was looking for local health workers who could provide ongoing care, stay in touch with the visiting team and support patients after surgery,” she recalls. “I took on that role for rehabilitation in Madang, and from there my involvement grew.”

Over the years, Cathy has worked closely with visiting hand therapists, receiving mentoring and specialist training. When Interplast expanded its outreach to other provinces, including East Sepik, she was invited to join the team — most recently supporting a two-week specialist visit to Wewak.

Growing complexity, growing capacity

During the Wewak visit, Cathy observed a clear shift in both the scale and complexity of cases being treated.

“We’re seeing more patients, a greater variety of conditions, and much more complex injuries,” she explains. “Cases are carefully screened by local surgeons, and those selected require both surgical expertise and intensive rehabilitation.”

This growing caseload has also led to larger, more diverse teams, with local and international surgeons, anaesthetists, nurses and therapists working side by side. Importantly, programs are now being extended to allow more time for post-surgical care and hands-on training for local staff.

“This makes a huge difference,” Cathy says. “Patients receive better follow-up care, and local physiotherapists gain practical skills they can continue using long after the visiting teams have left.”

Why specialist outreach matters

Like Madang, East Sepik Province sees a high number of congenital conditions, trauma cases and burn injuries, often caused by bush knife wounds or domestic accidents. When these injuries affect hands or limbs, the consequences can be life-altering.

“Without specialist surgery and rehabilitation, people can be left with permanent deformity or disability,” Cathy explains. “That affects everything — their ability to work, care for themselves, and participate in daily life.”

While local medical teams work tirelessly with limited resources, Cathy emphasises that specialist outreach programs like Interplast are essential not only for patient care but also for building long-term clinical capacity.

Rehabilitation: where healing continues

Cathy’s work with post-surgical patients begins even before an operation takes place. Pre-operative sessions focus on education, emotional preparation and physical conditioning. After surgery, her attention shifts to pain management, swelling reduction, mobility restoration and carefully guided exercises.

“For hand injuries, we start by protecting the repair — making sure splints are comfortable, swelling is controlled, and movement is introduced safely,” she explains. “As healing progresses, we gradually increase activity until the patient can return to real-life tasks.”

The goal is always functional recovery — whether it’s holding a pen, returning to gardening, caring for a baby, or earning a living.

“Sometimes the improvement seems small,” Cathy says. “But for the patient, it can mean everything.”

The human challenge behind recovery

Despite successful surgery, many patients struggle to complete their rehabilitation. Long distances to hospital, financial pressures, emotional stress and limited family support can all become barriers. Some patients believe surgery alone is sufficient, only to return later with complications.

“To address this, we take a holistic approach,” Cathy explains. “We educate patients, encourage early and safe movement, and involve families as much as possible. When patients understand the process and see progress, their confidence grows.”

For Cathy, seeing patients complete the journey and return with success stories remains the most rewarding part of her work.

Building skills, strengthening systems

Beyond patient care, Cathy sees one of Interplast’s greatest impacts in skills transfer. Each outreach visit includes mentoring, teaching sessions and on-the-job training, creating ripple effects across the health system.

“I was once a trainee myself,” she says. “Now I assist my mentors in training others, and I pass that knowledge on to students and junior colleagues.”

Back at Modilon Hospital, Cathy applies these skills daily, helping ensure that patients in Madang and beyond can access specialist-level care closer to home.

A quiet pride in service

Asked what being part of Interplast means to her as a Papua New Guinean health worker, Cathy pauses.

“It’s a sense of humble pride,” she says. “Knowing that I’m helping rebuild the lives of my own people — restoring function, dignity and hope.”

For her patients, that hope often begins with a simple movement — a hand opening, a step forward, a life restarting.

Cathy’s recent participation in the Wewak outreach was made possible through the support of Frieda River Limited (FRL), whose partnership with Interplast continues to strengthen access to specialist healthcare services in Papua New Guinea. Through this collaboration, FRL supported Cathy’s travel, meals and accommodation, enabling her to contribute her expertise and provide critical post-surgical rehabilitation to patients.

By investing in local health professionals, FRL is helping ensure that specialist knowledge and care extend well beyond a single outreach visit — building local capacity and delivering lasting benefits to communities most in need.

In Papua New Guinea, shipping is more than a commercial activity — it is a national lifeline. In a country where geography shapes trade, mobility and access to essential goods, the maritime sector underpins connectivity between ports, businesses and communities. Supporting this system behind the scenes is JJ Ship Equip Agencies Ltd (JJSEA), a company built on reliability, responsiveness and practical service to vessel operators across the country. 

Established in 2015, JJSEA has evolved from a focused marine supply business into a broader maritime services partner. Its operations now span key locations including Lae, Port Moresby, Rabaul, Madang, Kimbe and Buka, reflecting its role in supporting vessels across Papua New Guinea’s dispersed and often challenging routes. Over time, the company has expanded beyond basic supply into ship chandling, equipment sourcing, technical coordination and safety-related support. 

This shift reflects the realities of the local market. As JJSEA notes, “we have evolved in line with the practical needs of the market — supporting vessel operations through chandling, equipment sourcing, technical coordination, safety-related support and responsive service.” In practice, this positions the company as more than a supplier. It acts as a support partner to vessel owners and operators who depend on timely delivery and coordination to maintain operational continuity. 

The company’s core services include marine equipment supply, deck and engine consumables, safety equipment, mooring and rigging products, spare parts sourcing and technical coordination. These services address both routine replenishment and urgent operational requirements, particularly where vessel readiness or sailing schedules are at risk. Where specialised servicing is required, JJSEA works with a network of technical partners to ensure solutions are delivered efficiently. 

A typical service request highlights the company’s approach. Operators provide vessel details, requirements and urgency, after which JJSEA verifies specifications, checks stock availability and coordinates delivery or sourcing. “In practice, our role is to make sure vessel operators have a dependable local point of support in PNG, especially when time, logistics and operational continuity are critical,” the company explains. For stocked items, turnaround is rapid; for specialised equipment, JJSEA manages procurement through its supplier network while maintaining communication with clients. 

What differentiates JJSEA is its understanding of Papua New Guinea’s operating conditions. “Vessel support here is not only about price and product — it is about timing, access, communication and follow-through,” the company says. This local presence enables faster decision-making and more responsive service, particularly in provincial locations or time-sensitive situations. For example, when operators identify deficiencies prior to departure, JJSEA coordinates sourcing and delivery to minimise disruption and restore readiness. 

Operating in Papua New Guinea presents inherent logistical challenges. Long domestic supply lines, remote locations, variable port infrastructure, weather disruptions and reliance on imported equipment all contribute to complexity. “In many cases, the challenge is not simply obtaining the product, but getting the right product to the right vessel at the right time,” JJSEA notes. The company addresses this through planning, supplier relationships and selective local stocking of high-priority items, ensuring that coordination and anticipation underpin its service model. 

The broader maritime sector remains essential to Papua New Guinea’s economy but operates under pressure. Operators must manage geographic fragmentation, infrastructure constraints and rising compliance expectations while maintaining reliable services. In this environment, marine suppliers and ship chandlers play a critical role in sustaining the supply chain. As JJSEA puts it, “we are part of the support system that helps vessels stay operational, maintain schedules and manage risk.” 

Since its establishment, JJSEA has grown steadily alongside these industry needs. Its development is reflected in its expanded footprint and growing client base, which includes operators such as Consort Express, Pacific Towing, Steamships, Swire, P&O Maritime and Lutheran Shipping. Rather than a single metric, its progress is measured through service capability, responsiveness and long-term client relationships. 

Looking ahead, the company’s priorities include strengthening inventory in key categories, enhancing technical response capabilities and expanding support in safety equipment and marine electronics. It also aims to extend its service reach across Papua New Guinea to better support operators in remote and high-demand areas. 

At its core, JJSEA’s role remains straightforward but significant. By combining local knowledge with practical service delivery, it helps ensure vessels remain operational, supply chains function effectively and Papua New Guinea stays connected. 

Pagini Kainantu Limited has taken another significant step in strengthening its technical capability, sending two of its rising talents—John Kennedy and Edison Igbalic—to an intensive two-week training program in Shanghai, China. The training was delivered across two venues: the Fullwon Group headquarters and its workshops.

Although Volvo CE’s technical programs are traditionally reserved exclusively for dealer technicians, Pagini Kainantu Limited was granted a rare opportunity for its end-user personnel to participate. Fullwon’s efforts ensured that John and Edison could benefit from in-house instruction delivered by a combined team of Volvo CE specialists and Fullwon’s experienced technical training team.

Over the course of the program, the two technicians undertook comprehensive, hands-on training across three major Volvo product lines:

• Volvo Excavators – EC220, EC360, and EC500 models
• K-Series Wheel Loaders
• The new A60J Articulated Dump Truck (ADT)

Each equipment stream covered the full spectrum of critical systems, including engines, hydraulic circuits, electrical systems, transmissions, drop boxes, axles, and braking systems. The training also placed strong emphasis on service and maintenance procedures, structured fault-finding, and the use of Volvo’s advanced Tech Tool diagnostic platform.

By the end of the program, John and Edison had gained an in-depth understanding of Volvo’s core machinery range—knowledge that will directly enhance Pagini Kainantu Limited’s operational reliability, maintenance efficiency, and long-term asset performance.

With eight new Volvo A60J articulated dump trucks entering service at the K92 mine from May 2026, the team will be well placed to maintain the equipment, improving productivity for its client, K92.

The company congratulates both participants for their commitment and professionalism throughout the training and acknowledges the invaluable support from Fullwon in making this opportunity possible. This investment reflects Pagini Kainantu Limited’s ongoing dedication to developing local expertise and ensuring world-class standards across its operations.

At the heart of Port Moresby General Hospital, one of Papua New Guinea’s busiest and most critical healthcare institutions, a quiet but powerful movement has been transforming patient care and operational needs.

Friends of Pomgen (FOPG) has emerged as one of the country’s most recognised charity initiatives, supporting hospital patients and frontline workers through the provision of medical equipment, supplies, and refurbishment.

Since its establishment, Friends of Pomgen has grown into a national charity brand that mobilises communities, businesses, and individuals to support operational needs through donations, sponsorships, and fundraising partnerships.

Supporting Over 800,000 Patients

In just a few short years, the organisation’s impact has been remarkable. Since 2021, Friends of Pomgen has supported more than 800,000 patients receiving treatment at Port Moresby General Hospital.

Through community-driven charity campaigns and fundraising initiatives, the organisation has helped bridge critical resource gaps across hospital wards.

To date, Friends of Pomgen has raised over K15 million in donations, including essential medical supplies, patient care items, and equipment distributed directly to hospital wards. In addition, more than K1 million in infrastructure and medical equipment has been provided to strengthen the hospital’s capacity to deliver quality care.

These contributions ensure that patients, many of whom travel from across the country seeking specialised treatment, have access to essential items that support recovery and comfort during their hospital stay.

A Trusted Partner in Patient Care

Over time, Friends of Pomgen has become a familiar and trusted presence within the hospital community.

Working closely with ward managers, nurses, and healthcare professionals, the organisation maintains stock supplies and carefully monitors needs across hospital wards. This close collaboration ensures that critical items are distributed where they are needed most, helping medical teams deliver better care to patients.

Because of this consistent support and commitment, Friends of Pomgen has earned the affectionate nickname “Blue Angels” among hospital staff and patients alike. Their presence has become synonymous with compassion, support, and reliability within the hospital environment.

A National Charity Brand

Beyond the hospital wards, Friends of Pomgen has built a strong public presence through extensive charity drives and fundraising campaigns that attract audiences nationwide.

With a growing digital footprint and consistent support from mainstream media outlets, particularly print and radio, the organisation has successfully raised awareness of healthcare needs while encouraging community participation in charitable giving.

Today, Friends of Pomgen stands as one of Papua New Guinea’s most prominent healthcare charity brands, driven by a shared vision of supporting patients and strengthening healthcare services.

Recognising the Heroes of Healthcare

As part of its continued commitment to strengthening healthcare partnerships, Friends of Pomgen is preparing to launch an important new initiative later this year.

In September, the organisation will host its inaugural “Hospital Heroes Program”, a special event dedicated to recognising and celebrating the contributions of medical professionals, corporate sponsors, donors, and community partners who have supported the organisation over the years.

The event will serve as a platform to honour those who have stood alongside Friends of Pomgen in its mission to support patients and improve healthcare delivery at Port Moresby General Hospital. By acknowledging these contributions, the programme aims to inspire continued collaboration between the healthcare sector, private businesses, and the wider community.

Looking Ahead

Friends of Pomgen continues to focus on supporting the hospital through refurbishment initiatives and unfunded priority projects identified by the hospital. These projects aim to improve patient facilities, upgrade infrastructure, and support departments facing resource shortages.

With the continued support of the community, corporate partners, and dedicated volunteers, the “Blue Angels” remain committed to enhancing patient care and supporting the hardworking medical professionals who serve thousands of people every day.

Ultimately, the story of Friends of Pomgen is a testament to the power of community. It demonstrates that when individuals, businesses, and organisations unite around a common cause, they can create meaningful change and improve the lives of patients and families across Papua New Guinea.

Positioned at the heart of Papua New Guinea’s most important trade gateway, Lae Industrial Park is redefining what is possible for industry, logistics and export-oriented investment in the country. Strategically located directly beside Lae Port – PNG’s busiest international port – the precinct provides businesses with a rare opportunity to establish operations at the centre of national and regional supply chains.

Developed and proudly owned by PNG Ports Corporation (‘PNG Ports’), Lae Industrial Park represents the next era of industrial and logistics growth for PNG, offering scale, speed to market and long-term flexibility for investors seeking a secure and well-connected operating base.

PNG Ports CEO Neil Papenfus describes Lae Industrial Park as “more than an industrial estate – it is a platform for export growth and industrial diversification, and together with Lae Port is set to become an engine for long-term growth and prosperity for Papua New Guinea.”

Development-Ready Today, Scalable for Tomorrow

The park provides 350 hectares of investment opportunity, including a 45-hectare hardstand supported by sealed roads, drainage, lighting and utilities. A further 305 hectares is available to support future expansion, enabling businesses to grow in step with increasing domestic and international demand.

Strategic Location and Logistics Advantage

Located directly beside Lae Port and key Asia–Pacific shipping routes, the park delivers a genuine operational advantage. Businesses benefit from the cost, efficiency and logistical gains of being located on the doorstep of a modern international port, reducing transport interfaces, improving reliability and strengthening access to export markets.

Lae to Become a Regional Transhipment Hub

Lae’s international terminal is being strengthened through the planned extension of its wharf, enabling the port to accommodate larger vessels and transition into a hub-and-spoke logistics centre. This capability will further enhance Lae’s role as a regional transshipment hub, linking PNG more efficiently with Asia, Australia and the wider Pacific. Moreover, it will deliver direct commercial benefits for Lae Industrial Park tenants through more frequent shipping services, shorter transit times, improved schedule reliability and lower end-to-end logistics costs for both imports and exports.

Special Economic Zone (SEZ)

Park tenants will also benefit when SEZ status is granted. A major milestone has already been achieved, with the National Executive Council granting concept approval for the proposed Lae Port SEZ. PNG Ports is now progressing the formal lodgement of its SEZ license application with the Special Economic Zones Authority (SEZA) and can also advance applications for fiscal incentives, including tax and customs concessions, to support and accelerate high-quality investment into Lae Industrial Park.

Delivered by a Trusted National Operator

Lae Industrial Park is delivered by PNG Ports Corporation, a reliable, state-owned operator with proven maritime and property expertise and a national network of strategically located ports. Investors benefit from a long-term partner committed to service excellence, integrated logistics and nationally significant infrastructure development.

Air Niugini is proud to announce that four of its Licensed Aircraft Maintenance Engineers (LAMEs) have been granted Airbus A220 type ratings by the Civil Aviation Safety Authority of Papua New Guinea (CASA PNG). This marks a historic first, with the engineers becoming the first Papua New Guineans formally endorsed on the Airbus A220 aircraft type.

This achievement represents a significant milestone not only for Air Niugini but also for Papua New Guinea’s aviation industry, underscoring the airline’s commitment to world-class engineering standards, safety excellence, and the development of national capability.

The CASA PNG Airbus A220 licence endorsements were formally presented by the Deputy Director of CASA PNG and the Manager of Personnel Licensing, recognising both the individual accomplishments of the engineers and the strength of Air Niugini’s training and development systems.

Air Niugini Chief Executive Officer Mr Alan Milne commended the engineers for their dedication and highlighted the broader national significance of the achievement.

“This is a proud and defining moment for Air Niugini and for Papua New Guinea. These four engineers represent the very best of our national talent and are the first fruits of our investment in advanced training and capability development. Their achievement demonstrates that Papua New Guineans can meet and exceed global aviation standards,” Mr Milne said.

“As we introduce the Airbus A220 into our fleet as part of our fleet transformation program, having locally trained and CASA-certified engineers is critical to ensuring safe, efficient, and sustainable operations. This milestone strengthens our technical independence and builds a strong foundation for the future of aviation in our country.”

The four engineers recognised as Papua New Guinea’s first Airbus A220-endorsed Licensed Aircraft Maintenance Engineers are:
• John Pidik (Mechanical – Airframe and Powerplant)
• Henry Kaunger (Mechanical – Airframe and Powerplant)
• Abraham Gena (Avionics – Electrical Instrument Radio)
• Edward Polau (Avionics – Electrical Instrument Radio)

These senior engineers are highly experienced and multi-rated, each holding certifications across three to six different aircraft types.

They successfully completed an intensive Competency-Based Training and Assessment (CBTA) program aligned with international aviation standards.

Their Airbus A220 training commenced in January 2025 in Port Moresby, followed by specialised overseas training in Singapore and Mirabel, Canada, including a visit to the Airbus A220 production facility.

The program included advanced simulator-based engine ground run exercises, hands-on practical training such as engine change procedures, and an operational attachment with Qantas Airways.

This was complemented by extensive on-the-job training (OJT) in Papua New Guinea under the supervision of approved Airbus A220 LAMEs.

The program concluded with a comprehensive CASA PNG assessment process, including formal examinations and a structured oral competency evaluation across 11 critical technical areas.

Type rating endorsements were granted following submission of recognised theory training certification, a validated OJT logbook, and successful completion of all CBTA requirements.

A second group of engineers commenced Airbus A220 training in October 2025, further strengthening Air Niugini’s national engineering capability.

This achievement reflects Air Niugini’s successful transition from traditional knowledge-based training systems to a modern, competency-driven framework focused on real-world performance, operational safety, and technical excellence.

It also highlights strong collaboration between Air Niugini’s engineering and training teams, CASA PNG, and international partners including Airbus, Qantas Airways, and SAMCO.

Mr Milne added, “The certification of these engineers is critical to supporting Air Niugini’s growing Airbus A220 fleet, which forms the backbone of the airline’s fleet transformation program. Having highly trained, locally certified engineers enhances operational reliability, reduces dependence on external resources, and ensures the highest safety standards are maintained.”

Air Niugini acknowledges the dedication, discipline, and professionalism demonstrated by the engineers throughout this demanding process, as well as the continued support of CASA PNG in upholding rigorous regulatory standards.

This milestone not only strengthens Air Niugini’s engineering capability but also represents a significant step forward for Papua New Guinea, showcasing the country’s ability to develop world-class aviation expertise and reinforcing national pride.

Nine students supported under the Mineral Resources Development Company’s (MRDC) Education Subsidy Program were among 793 graduates who received their qualifications during the 44th graduation ceremony of Divine Word University (DWU) on March 6.

The group included three graduates with master’s degrees and six who completed bachelor’s degrees. One of the MRDC-sponsored students also received the university prize for the highest grade point average.

The students were sponsored through various landowner company boards under MRDC, representing project areas across Papua New Guinea.

MRDC general manager for external affairs Bartholomew Yacop attended the ceremony and commended the trustees and families who continue to support education as a long-term investment for their communities.

Yacop said the Education Subsidy Program creates opportunities for students to attain professional qualifications that would otherwise be difficult to access.

“The Subsidy Program is a privilege for many students and their parents, and the boards and their trustees must be commended for the investment in their students,” he said.

“Many students from the impacted communities are often disadvantaged by high tuition fees, and this investment helps them achieve these credentials. Our hope is that the students return to their host provinces and communities and help improve development initiatives," Yacop added/

Master of Business Administration graduate Roni Boli, who was sponsored through the Petroleum (Kutubu) PDL 1 Trust, said the financial support enabled students to focus fully on their studies.

“It is not an easy feat, but many of us managed to complete these studies knowing our board and community have invested in our education,” he said. “This success belongs to the community, and I look forward to heading back to my community and giving back.”

The graduating students included Aimee Wenis (Bachelor of Communication Arts), Shannilla Samuel (Bachelor of Accounting), Vero Kurupani (Bachelor of Health Management), Valentine Oma (Bachelor of Management), Amos Yolakeng (Bachelor of Environmental Science) and Clyde Masere (Bachelor of Information Systems).

The master’s graduates were Roni Boli (Master of Business Administration), Ben Aselai (Master of Education Leadership) and Junior Rody Ukin (Master of Leadership in Development).

They are among more than 1,000 students currently supported under MRDC’s Education Subsidy Program across higher education institutions in Papua New Guinea.

Frieda River Limited has joined the global community in celebrating International Women’s Day 2026 under the Australia-Pacific theme “Balance the Scales.”

Operating in one of Papua New Guinea’s most remote and disadvantaged regions, FRL recognises the vital contributions women make across its operations footprint and within its project communities.

Yet around the world, women and girls continue to face barriers to personal safety and wellbeing, economic participation and leadership. Achieving balance requires deliberate collective action from institutions, businesses, communities and individuals. At FRL, we remain committed to doing our part, as people — regardless of gender — are at the heart of our business.

This year’s theme, Balance the Scales, is especially meaningful for the PanAust Group. FRL’s parent company is led by Ms Yuan He, Acting Chief Executive Officer and Managing Director. With more than 20 years of financial and management experience across multiple sectors, her leadership exemplifies the impact and importance of women at the highest levels of decision-making.

Her role is a powerful reminder that gender balance is not only possible; it also drives stronger, more resilient organisations.

Project Director Phil McCormack reaffirmed FRL’s dedication to empowering women and working in genuine partnership with communities.

“Women are central to the strength of the Frieda River communities. Their leadership, vision and resilience are critical to the success of this project. By investing in education, infrastructure and opportunities for women, we are investing in the future of the Sepik region. Working together, we can make meaningful change a reality,” he said.

FRL Programmes Supporting Women and Inclusive Development

FRL delivers a suite of longstanding initiatives aimed at building capability, expanding opportunity and promoting inclusion for women in the Frieda River project area. These include:

• Adult Literacy Level 1 Training – equipping women with essential reading and writing skills.
• Financial Literacy and Governance Training – supporting women to build budgeting, banking and small business skills.
• Community Leadership Development – including representation in the Quarterly Community Leaders Forum, where women collaborate alongside community, district and national leaders.
• Family Livelihoods Support – including agriculture, small business and household welfare programmes and training to strengthen community resilience.
• Women’s Infrastructure Development – such as the newly completed Women’s Resource Centre at Ok Isai through the Public Investment Programme, offering a dedicated space for training, meetings and programme delivery.

These initiatives align with the broader PanAust commitment to gender equality, demonstrated through initiatives such as the Women in Extractives Programme, Village Birth Attendant training, and literacy and numeracy support across remote communities.

The Chief Executive Officer of the National Superannuation Fund (Nasfund), Rajeev Sharma, on 20 February announced the appointment of Christopher Elphick as Chairman of the Nasfund Board of Directors, effective January 2026.

Sharma said, “On behalf of the Fund, I am pleased to announce the appointment of Christopher Elphick as Chairman of the Board. Christopher brings proven leadership, strong governance experience, and a deep understanding of Nasfund’s mission to deliver long-term value for our members. His strategic mindset and investment expertise will be invaluable as we continue advancing our priorities and strengthening member outcomes.”

Elphick joined the Nasfund Board on October 1, 2022, as an Independent Director. He has since chaired the Investment Committee and served on the Remuneration and Nominations Committee.

He brings extensive experience in business, management, and governance. Elphick holds a Bachelor of Science (BSc) in Business Management from the University of Surrey (UK), majoring in Marketing and Management, and is an alumnus of the United World College of South East Asia. A proud graduate of the Nasfund Trainee Directors Program (2014 cohort), he has maintained a long-standing relationship with the Fund and a strong appreciation of its mandate.

Beyond his role at Nasfund, Elphick serves as Executive Director of Tohouwa (PNG) Limited (FairPrice), outgoing Chairman of the Nasfund Contributors Savings & Loans Society (NCSL), and Director of Transparency International PNG, among other roles.

Elphick succeeds Tamzin Wardley, who served as Board Chair from October 2022 to December 2025.

Acknowledging Wardley’s contribution, Elphick said, “I want to acknowledge the outstanding leadership of my predecessor, Tamzin Wardley. Her vision and dedication have reaffirmed Nasfund as a trusted and innovative superannuation provider.”

Reflecting on his appointment, Elphick added, “It is an honor to lead Nasfund at this pivotal time. Having begun my journey as a trainee director, I am humbled to now chair the Board of an organisation that plays a critical role in securing the retirement future of all contributors in Papua New Guinea. My focus will be on strengthening governance, driving sustainable investment strategies, and enhancing member services through innovation, based on Nasfund’s values. With a strong Board and an exceptional management team led by CEO Rajeev Sharma, we are ready for tomorrow.”