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Papua New Guinea is now part of the prestigious global engineering community, as the country has officially been voted in as a new member of the International Tunnelling and Underground Space Association (ITA) during the recent World Tunnel Congress held in Sweden. Representatives from 80 countries gathered at the congress, where 46 voted in favor of P...

Austria has signalled a growing interest in strengthening economic ties with Papua New Guinea, focusing on high-value sectors such as green energy, forestry processing, and advanced technology. This was revealed during a meeting between Austria’s new Ambassador, Her Excellency Elisabeth Koegler, and PNG’s Minister for International Trade and Investment...

Prime Minister Hon. James Marape today announced that the National Executive Council (NEC) has approved the appointment of Ms. Seline Leo-Lohia as the Trade Commission of Papua New Guinea to the Republic of Indonesia. Prime Minister Marape said this was a very strategic appointment. “Papua New Guinea and Indonesia are close neighbors but are yet to ful...

Port Moresby will soon be a key regional transit hub linking Asia and the Pacific following the recent inaugural flight of China Southern Airlines from the capital city of Papua New Guinea on 29th April 2025, government officials said. National Capital District Governor Hon. Powes Parkop welcomed the Marape-Rosso Government’s support for the launch of ...

The Mineral Resources Development Company (MRDC) is committed to making more investments in Western Province. MRDC managing director and chief executive officer Mr Augustine Mano said investments will be made in sectors that can give a better return. He made the commitment while speaking during the opening of the second CMCA review working committee...

After 50 years of being rent collectors of our fisheries resources, Papua New Guinea (PNG) will finally have its own cannery which will be constructed starting this year, says the Minister for International Trade and Investment, Hon. Richard Maru. “This new cannery will be developed under a new joint venture (JV) company which will be 50% owned by the ...

Prime Minister Hon. James Marape has extended his warm congratulations to the people of West New Britain Province on the official groundbreaking of the K51.7 million Hoskins Airport upgrade project under the Civil Aviation Development Investment Project Phase II (CADIP II). The project — valued at K51,703,909.95 — includes asphalt surfacing, terminal b...

The PNG Customs Service and EastWest Transport (EWT) have signed a Memorandum of Intent (MOI) for the trial implementation of the Trusted Trader Program (TTP) marking a significant step towards securing, streamlining and facilitating legitimate trade in PNG. The MOI was signed at the PNG Customs Headquarters at Waigani last week by Customs Chief Commis...

Steamships and Tininga Ltd have broke ground on joint venture project, Dobel Central, a mixed-use mega mall which will change the economic landscape of Mt Hagen and Western Highlands. The new, state-of the-art 10,000m2 development will play a critical role in driving progress across agriculture, MSMEs, tourism, and other key sectors in the Highlands regio...

The Department of Works and Highways has gone ahead to execute the Connect Papua New Guinea Project, reaffirming the Marape-Rosso government’s commitment to connect the country by main highways and to bring services and opportunities to the rural populace. Prime Minister Hon. James Marape emphasized that the new roads will serve as crucial links to mar...

Prime Minister Hon. James Marape has warned that Papua New Guinea will not be immune from the ripple effects of global economic shocks stemming from recent United States tariff hikes, and has urged the country to remain vigilant as his government monitors and manages the situation. Prime Minister Marape said today the sweeping tariff increases imposed ...

The Minister for International Trade and Investment, Hon. Richard Maru, yesterday, opened the Consultation Workshop organized by the Department of International Trade and Investment and the National Trade Office on the total review of the full impact of the new U.S tariff increases. Minister Maru told the participants from both Government and the priva...

The 2025 Fiji-PNG Business Mission marked a major milestone in bilateral trade and investment cooperation between Fiji and Papua New Guinea. Hosted by Investment Fiji in March 2025, the mission was led by Fiji’s Deputy Prime Minister and Minister for Trade, Manoa Kamikamica, and focused on deepening economic engagement with one of Fiji’s largest trading p...

The Asian Development Bank (ADB) has reaffirmed its strong commitment to Papua New Guinea’s development, praising the Marape-Rosso Government for its sound macroeconomic reforms and announcing a significant scaling up of investments in transport, energy, education, health, and agriculture. Speaking during the PNG and World Economic Update, a high-level...

Prime Minister Hon. James Marape has led a ground-breaking ceremony at Bereina Station to officially launch the major redevelopment of the Hiritano Highway, a key national infrastructure project that will link Port Moresby to Kerema and unlock the economic potential of Papua New Guinea’s southern corridor. The ceremony, organised by the Department of W...

The Kerowagi District in Papua New Guinea's Simbu Province recently launched the Kerowagi Rugby Football League (KRL) Commissioning as part of the government's efforts to empower youth and develop communities through sports. Member of Parliament Hon. Francis Kikin Siune, in an exclusive interview with PNG Business News, emphasized the district's motto,...

Cricket Papua New Guinea (CPNG) recently received support through a partnership between the Australian Defence Force (ADF), the Australian government PacificAus Sports program, and Cricket Australia (CA). Representatives from the ADF presented approximately 20 boxes of Cricket Australia merchandise to Cricket PNG in a handover ceremony held at Amini P...

The Chair of the Monetary Policy Committee and the Governor of the Bank of Papua New Guinea (BPNG), Elizabeth Genia, hosted a breakfast presentation on the 2025 Economic Outlook of PNG at the Royal Papua Yacht Club on April 9. Genia spoke on the March 2025 Economic Outlook, outlining sweeping changes in monetary policy, economic trends, and financial s...