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Australia’s enduring commitment to Papua New Guinea’s economic reform has been reaffirmed by Ewen McDonald, Australian High Commissioner to Papua New Guinea and Special Envoy for the Pacific and Regional Affairs. Speaking at PNG Investment Week on 9 December in Sydney, McDonald highlighted what he described as a relationship “joined at the hip,” emphasisi...

The Asian Development Bank (ADB) and Air Niugini Limited have signed a $35.8 million financing package to modernise Papua New Guinea’s national airline, boosting efficiency and safety standards. The initiative is expected to strengthen both domestic and international connectivity while supporting the country’s social and economic growth. The package in...

The Independent State of Papua New Guinea (PNG), RD Tuna Canners Limited, and RD Corporation have reached agreement on the terms of the Project Development Agreement (PDA) for the cannery project within the new Madang Integrated Special Economic Zone (SEZ). The Letter of Agreement was signed on 9 December and witnessed by the Minister for International Tr...

Australia’s Prime Minister, Anthony Albanese, has reaffirmed the strength, trust and long-term vision underpinning the Australia–Papua New Guinea relationship, highlighting deeper economic cooperation, shared prosperity and a historic new security alliance during his address at the PNG Investment Week Leaders’ Summit in Sydney 9 December 2025. Speaking...

Five women entrepreneurs representing diverse sectors—from social enterprise and traditional crafts to sustainable manufacturing—have travelled from Papua New Guinea to Melbourne to participate in the 2025 World Indigenous Business Forum (WIBF). The forum also provided an opportunity to forge new connections. The delegation included Anne-Shirley Kor...

The Ministry of International Trade and Investment will enter into a strategic partnership with the superannuation funds to raise capital for investment in Special Economic Zones and national transformational projects, including the planned acquisition of shares in Ramu Agri Industries. This was discussed in a meeting this morning between the Minister ...

The Minister for International Trade and Investment, Richard Maru, has welcomed the decision of Swedish company Epiroc to pursue a potential long-term investment in Papua New Guinea (PNG), with a particular focus on the mining sector, downstream processing, and developing and upskilling PNG’s engineering workforce. The Minister met with Epiroc’s Busine...

MiBank, PNG's largest microbank, is proud to announce a groundbreaking partnership with Digicel PNG Ltd, PNG’s leading telecommunications, ICT, and mobile financial service provider. The partnership between MiBank and Digicel Financial Services Limited (DFSL) marks the first-of-its-kind collaboration in PNG, enabling customers to transfer funds instant...

 PNGX Group and MUFG Pension & Market Services announced that they have reached agreement for PNGX Group to acquire PNG Registries from MUFG Corporate Markets, a division of MUFG Pension & Market Services. The transaction is subject to clearance by the ICCC. The proposed acquisition represents a significant milestone in the strategic developmen...

Prime Minister James Marape has outlined the Economic Transformation and Implementation Pillars of the PNG Reset@50 Roadmap, describing them as “the engine room of growth, jobs, and national productivity for the next 20 years.” The roadmap sets a vision for Papua New Guinea’s economic and social development through evidence-based governance, private se...

There is significant potential for Papua New Guinea (PNG) and New Zealand (NZ) to deepen their trade and investment relationship, Minister for International Trade and Investment Richard Maru said, addressing a delegation from the New Zealand-PNG Business Council. “In terms of trade, PNG’s exports to NZ are valued at US$15 million, while NZ’s exports of...

Japan is the first country in 50 years to receive visa-on-arrival privileges for all its passport holders entering Papua New Guinea (PNG), according to Minister for International Trade and Investment Richard Maru. “This is a very historic and one of the best decisions by the Marape-Rosso Government in terms of its bilateral, security, and trade and inv...

The Autonomous Bougainville Government (ABG) and the Government of Papua New Guinea’s Department of Information and Communication Technology (DICT) on 27 November formally signed a Memorandum of Understanding (MoU) to advance digital development in Bougainville. The signing took place at the conclusion of the four-day Digital Transformation Summit host...

BSP Financial Group Limited has reaffirmed its commitment to ongoing digital transformation, expanding its product offerings to make banking simpler, faster, and more secure for its customers. BSP Retail General Manager Ronesh Dayal, while addressing the Digital Summit in Port Moresby this week, said BSP is progressing from foundational digital advance...

Papua New Guinea will launch a new investment platform with the inaugural PNG Infrastructure Investment Summit on 11 December 2025 in Sydney. The event is designed to attract institutional investors, infrastructure financiers and regional partners, showcasing major opportunities in telecommunications, transport, energy and defence-related infrastructure. ...

Air Niugini proudly supported the successful hosting of the 80th Association of South Pacific Airlines (ASPA) General Session in Port Moresby from 12 to 13 November 2025, showcasing not only the national airline’s leadership in regional aviation but also the unique cultural and economic strengths of Papua New Guinea (PNG). Over 100 participants represe...

Students and teachers at Sikalu Primary School in Kerema previously faced security concerns due to trespassing. That challenge has now been addressed with the installation of perimeter fencing and solar-powered lighting, creating a safer and more secure learning environment. The project was a joint effort by BSP’s Gordons Commercial Centre and Waigani ...

Papua New Guinea is set to establish its first-ever aviation degree programmes as the Government, Unitech and key aviation agencies move to address a critical shortage of local pilots, engineers and aviation professionals. The initiative, led by the Ministry of Civil Aviation, will introduce bachelor’s degrees in aeronautical engineering, aerospace engine...