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The Securities Commission of Papua New Guinea (SCPNG) will embark on major capital market reforms this year in collaboration with the Papua New Guinea National Stock Exchange (PNGX) and other stakeholders. The announcement was made by the Minister for International Trade and Investment, Richard Maru, during the official launch of the Licensing Module o...

Since 2016, the National ICT Authority (NICTA) has supported more than 40 women to study Information and Communications Technology (ICT) and Science, Technology, Engineering and Mathematics (STEM)-related courses in-country. The NICTA Girls in ICT Tertiary Scholarship Programme has been a cornerstone of development, contributing to government policies ...

Papua New Guinea has taken a decisive step toward reshaping its land governance framework, placing customary land reform at the centre of the country’s human rights, economic development and sustainability agenda. Chairperson of the Special Parliamentary Committee on Customary Land and Land Reforms, Keith Iduhu, underscored the urgency of protecting cu...

Papua New Guinea Prime Minister James Marape promoted the country as an investment destination of choice among global emerging markets during the 2026 World Economic Forum in Davos. Speaking on a panel titled “Where are we with emerging markets?” at a WEF side meeting, Marape said Papua New Guinea’s economy has continued to grow despite heightened geop...

Technology and communications specialist TE (PNG) Limited has achieved a national first, receiving Papua New Guinea’s inaugural approval from the National Information and Communications Technology Authority (NICTA) to trial a fixed land OneWeb Low Earth Orbit (LEO) satellite service in Port Moresby. Live testing has now commenced, marking a significant mi...

The U.S. Embassy in Port Moresby announced that Prime Minister James Marape met with U.S. President Donald J. Trump during the United Nations General Assembly (UNGA) in New York. The historic exchange underscores the strong partnership and close friendship between Papua New Guinea (PNG) and the United States. The meeting follows a landmark visit to Por...

The Centre for Excellence in Financial Inclusion (CEFI) and the National Information and Communications Technology Authority (NICTA) have signed a two-year Memorandum of Agreement (MoA) to establish a dedicated Fintech Incubation Centre at the Papua New Guinea University of Technology (Unitech) Taraka Campus in Morobe Province. The agreement was formal...

Prime Minister James Marape has launched a comprehensive review of Papua New Guinea’s state-owned enterprise (SOE) governance system, citing persistent blackouts, water shortages and underperformance as key concerns. Speaking during Cabinet, Marape said the government is examining the entire Kumul Consolidated Holdings (KCH) structure and how major uti...

The board of SD Guthrie, owner of New Britain Palm Oil Ltd., has agreed in principle to commence negotiations with the Government of Papua New Guinea on a long-term business partnership, including potential equity participation by the state in Ramu Agri Industries. The agreement followed a special board meeting held in Kuala Lumpur during a visit by Mi...

The National Airports Corporation (NAC) has advised the travelling public and stakeholders that the runway at Hoskins Airport in West New Britain will be further shortened to allow for essential upgrade works, with Stage 4 of the Method of Works Plan (MOWP) expected to commence by the end of the week, subject to the issuance of a Notice to Airmen (NOTAM)....

The National Information and Communications Technology Authority (NICTA) and the Centre for Excellence in Financial Inclusion Inc. (CEFI) have entered into a two-year Memorandum of Agreement (MoA) to establish a dedicated FinTech Incubation Centre at the Papua New Guinea University of Technology (Unitech) Taraka Campus in Morobe Province. The initiativ...

Communities in Kutubu and Bosavi have marked a major infrastructure milestone with the official launch of the Poroma–Kutubu Road Sealing Project on Wednesday, January 7, 2026, signalling a new phase of connectivity and development for the Kutubu district. The 106-kilometre road project, valued at K370 million, is expected to significantly improve acces...

The Bank of Papua New Guinea’s Monetary Policy Committee (MPC) has maintained the Kina Facility Rate (KFR) at 5.0 percent following its final meeting for 2025, signalling continuity in monetary policy settings amid moderating global growth and evolving domestic economic conditions. The decision was announced on 2 December 2025 after the Committee met t...

Prime Minister James Marape has launched Papua New Guinea’s National Fisheries Authority (NFA) Monitoring, Control and Surveillance (MCS) Command Centre in Daru, describing the facility as a critical step in protecting national sovereignty, securing marine wealth and strengthening the fisheries sector as a major pillar of the country’s future economic ind...

Comrade Trustee Services Limited (CTSL), the superannuation fund serving members of the Papua New Guinea Defence Force (PNGDF), has strengthened its governance framework and long-term strategic positioning with the appointment of Mr Chetan Chopra as Chairman of the Board. The appointment of Chopra was formally announced during a CTSL press conference h...

New PNG Defence Force facilities strengthen capability, drive workforce development By Roselyn Erehe The completion of the refurbished Garrison Engineer Compound at Murray Barracks in Port Moresby marks a strategic infrastructure investment that strengthens the operational capability of the Papua New Guinea Defence Force while delivering broader eco...

The Business Coalition for Women (BCFW) has positioned Papua New Guinea’s private sector at the centre of regional discussions on workplace safety and gender equality, following the presentation of its Poroman Walkabout Wantaim (Men as Allies) programme at the Australasian Aid Conference in Canberra. The programme was featured during a panel discussion...

The Paga Hill Paradise Apartments, located within the Paga Hill Special Economic Zone (SEZ), was officially opened by Prime Minister James Marape on 5 January 2026. The K130 million (USD 30.5 million), 22-storey luxury residential development sits on the Port Moresby beachfront, overlooking the historic Fairfax Harbour. It features 83 units, ranging fr...