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Prime Minister James Marape says the government’s Connect PNG infrastructure program is intended to transform road networks into “economic corridors” that unlock agriculture and other renewable-sector opportunities across Papua New Guinea. Speaking on the government’s nationwide road connectivity agenda, Marape said roads being developed throughout the...

Papua New Guinea used the global Women Deliver 2026 Conference in Melbourne, Australia, to highlight the country’s growing investment in gender equality, reproductive health, and long-term strategies to address gender-based violence, with leaders emphasising the importance of empowering women and girls. National Capital District Governor Powes Parkop, ...

Papua New Guinea has strengthened its push to become a regional leader in sustainable ocean industries following the successful hosting of the inaugural 2026 Melanesian Ocean Summit at APEC Haus in Port Moresby from May 11–14. Held under the theme “Ensuring Ocean Protection with Sustainable Ocean Economies,” the four-day summit brought together Pacific...

The Asian Development Bank (ADB) and the National Capital District have entered discussions on future urban development and infrastructure investment opportunities for Port Moresby following a meeting between newly appointed ADB Country Director Takafumi Kadono and NCD Governor Powes Parkop on 13 May, in Port Moresby. The courtesy orientation meeting f...

Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia has said the reopening of Bank South Pacific’s (BSP) Tari Branch in Hela Province is a significant step toward strengthening financial inclusion, supporting small businesses, and improving economic participation in rural Papua New Guinea. Speaking at the official reopening ceremony in Tari Town o...

Andrew Cairns, chief executive of Westpac PNG, has been appointed President of the Australia Papua New Guinea Business Council (APNGBC), reinforcing his commitment to strengthening economic ties and advancing business opportunities between Australia and Papua New Guinea. The Australia Papua New Guinea Business Council is a member-based organisation tha...

TISA Bank Limited has formalised a lease agreement with the Enga Provincial Government to establish a new branch at the Dr. Samson Amean Commercial Centre in Wabag. The agreement also enables TISA Insurance to operate from the same location, allowing both entities to deliver integrated banking and insurance services to the people of Enga Province. L...

TISA Bank Limited has strengthened its engagement with small and medium-sized enterprises through an SME Road Show held in Alotau, aimed at promoting financial inclusion and supporting business growth in Papua New Guinea’s regions. The road show, conducted on May 2, brought together SMEs, cooperatives and local business owners to showcase the bank’s SM...

The Board of the Bank of Papua New Guinea (BPNG) has endorsed a new Emergency Liquidity Assistance (ELA) Policy Framework aimed at strengthening the central bank’s ability to respond to extreme short-term liquidity pressures within the country’s banking system. In a statement issued on April 30, 2026, and authorised by Governor Elizabeth Genia, the cen...

Papua New Guinea has positioned transport and energy connectivity as critical pillars for economic transformation across the Pacific following the conclusion of the 6th Pacific Regional Energy and Transport Ministers’ Meeting (PRETMM), held in Port Moresby from May 4, to May 8. Chair of the meeting and PNG Transport Minister Hon. Miki Kaeok said the re...

Papua New Guinea has strengthened its commitment to aviation safety, governance and international compliance with the swearing-in of a new Civil Aviation Safety Authority of Papua New Guinea (CASA PNG) Board of Directors, as the country continues efforts to position itself among the leading aviation regulators in the Asia-Pacific region. Speaking at th...

Papua New Guinea is strengthening its trade policy capacity as the country expands its engagement in regional and global markets, with a greater focus on improving trade facilitation, supporting small and medium-sized enterprises (SMEs), and increasing participation in international trade forums. As part of this effort, sixteen trade policy professiona...

The redevelopment of Kimbe Port has moved beyond the halfway stage, with a new shipment of heavy construction equipment and materials arriving in early May this year to accelerate one of Papua New Guinea’s key maritime infrastructure projects. The latest barge shipment from Townsville delivered critical equipment for the next phase of works, including ...

Papua New Guinea Treasurer Ian Ling-Stuckey has commended the Papua New Guinea Customs Service (PNGCS) for its enforcement efforts after authorities uncovered more than K19 million in unpaid excise duties linked to illegally stored alcohol products in Port Moresby. Ling-Stuckey said Customs’ recent compliance operations demonstrated the agency’s critic...

PNGX Markets Limited (PNGX or PNGX Markets), operator of Papua New Guinea’s national stock exchange, today celebrated the successful listing of Papua New Guinea’s first wholesale corporate bond, a 235 million kina 10-year unsecured subordinated bond issued by Kina Securities Limited (KSL) (PNGX Code: KSL361). This landmark transaction represents a signifi...

Papua New Guinea has only four fully licensed Special Economic Zones, with several projects still awaiting regulatory clearance despite receiving in-principle approval, according to International Trade and Investment Minister Richard Maru. The licensed zones are Paga Hill, Sea Park, Pacific Lime and Cement, and the PNG Trade Centre, Maru said, emphasiz...

By Andrew Cairns, Chief Executive, Westpac PNG Papua New Guinea’s recent grey listing by the Financial Action Task Force (FATF) has understandably generated discussion across the business community. It is an important development, but it is equally important to keep it in perspective. Grey listing means a country has identified areas in its systems ...

A major infrastructure investment aimed at strengthening aviation capacity in Papua New Guinea’s Highlands region has officially commenced, with Civil Aviation Minister Wake Goi launching the K39.4 million Kagamuga Airport runway upgrade on April 28 in Western Highlands Province. The project, described as a critical national priority, will see the exis...