PacSuper, Papua New Guinea’s oldest private-sector superannuation fund, has officially launched the country’s first fully digital Employer Portal, marking a major milestone in the ongoing modernisation of superannuation administration across Papua New Guinea. The Employer Portal builds on PacSuper’s implementation of PRIMS, a new administration system ...
Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia has assured the business community that Papua New Guinea’s recent placement on the Financial Action Task Force (FATF) grey list does not mean the country is unsafe for investment or business operations. Governor Genia made the remarks during a BPNG business breakfast meeting held on Monday, March...
Porgera, Enga Province: Reigning Miss Bird of Paradise PNG Iampela Popena joined women from local communities and the Porgera mine workforce to celebrate International Women’s Day (IWD), bringing a message of leadership, empowerment and equal opportunity. Popena arrived in Porgera on March 7, 2026, accompanied by Anna Bais, chairlady of the Miss Bird o...
Papua New Guinea has signed a Project Development Agreement (PDA) with Mayur Resources for the Central Lime and Cement Project in Central Province, a move the government says will reduce reliance on imported cement and expand the country’s manufacturing base. Minister for International Trade and Investment Richard Maru said the agreement, signed at Gov...
Petroleum Resource Development Michael McWalter writes about petroleum development in its widest sense and the finding and extraction of oil and gas resources from the ground to sell them to make money, provide energy and feedstock, and the various roles and responsibilities of stakeholders and their inter-relationships. What is Petroleum Deve...
PNG Air Limited advises the public that job vacancy advertisements currently circulating on certain social media pages and informal platforms are unauthorized. These postings were not issued or approved by PNG Air and misuse the airline’s corporate name and brand. Some of these advertisements contain false information, incorrect contact details and bra...
TISA Bank Limited, a homegrown 100% Papua New Guinean financial institution, has emerged as a modern, values-driven alternative in the commercial banking sector after receiving its banking licence in 2024 — the year of the country’s 50th anniversary of independence. In an exclusive interview with PNG Business News, TISA Group Chief Executive Officer Mr...
Papua New Guinea is mobilising its energy sector to support the country’s transition towards a low-carbon future as part of preparations for its third Nationally Determined Contribution (NDC 3.0) under the Paris Agreement. The United Nations Development Programme (UNDP) joined the Climate Change and Development Authority (CCDA) in convening a committee...
The United Nations Development Programme (UNDP) is strengthening efforts to improve cocoa traceability on New Britain Island, aiming to support sustainable production and enhance market opportunities for Papua New Guinea’s cocoa farmers. The initiative comes as global consumers increasingly demand transparency in the environmental and ethical standards...
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 th...
Nambawan Super Limited (NSL) has announced strong financial results for the year ending 31 December 2025, with the Fund’s current Net Asset Value now totalling K13 billion (US$3.51 billion), reflecting continued growth despite a challenging global and domestic economic environment. The results were approved by the Nambawan Super Trustee Board and relea...
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. ...
On International Women’s Day, Westpac PNG announced the official judging panel for the 2026 Westpac Outstanding Women (WOW) Awards, bringing together respected leaders and past award winners to recognise the next generation of female trailblazers across Papua New Guinea. In a reflection of the awards’ growing impact and legacy, each category will be ju...
A new board of directors for Petroleum Park Holdings Limited (PPHL), a subsidiary of the Konebada Petroleum Park Authority (KPPA), was sworn in on Monday. The ceremony was officiated by Magistrate Billy Pidu and witnessed by International Trade and Investment Minister Richard Maru, who is also responsible for KPPA. Sworn in as board members were Amb...
K92 Mining Inc., operator of the Kainantu Gold Mine in Papua New Guinea’s Eastern Highlands Province, reported record production and financial results for 2025, driven by strong fourth-quarter performance and the commissioning of its Stage 3 expansion plant. In a statement released on March 2, the company said it produced 47,178 gold equivalent ounces ...
The Papua New Guinea government is set to redevelop the 20,000-hectare Urimo Cattle Ranch in the Sepik Plains in partnership with New Britain Palm Oil Limited (NBPOL), according to Minister for International Trade and Investment Richard Maru. Maru said the ranch, once a thriving livestock hub, has been idle since the late 1970s and will be revived as p...
Loloata Island Resort recently hosted a beach clean-up that brought together 20 volunteers in a collective effort to remove debris and raise awareness about ocean pollution. The clean-up, held on 22 February 2026, formed part of the resort’s ongoing marine conservation initiatives and was led by Marine Conservation Officer D’Andre Yamuna. Participants ...
The National Information and Communications Technology Authority (NICTA) has signed a contract with Digicel (PNG) Limited to deliver the Connect the Schools Project (NPC 2023-21 – Fixed Broadband Services). The signing ceremony was held in Port Moresby and attended by representatives from NICTA, the National Procurement Commission (NPC) and Digicel PNG...
The World Bank has committed US$250 million (more than K1 billion) to support the implementation of Papua New Guinea’s National Agriculture Sector Plan (NASP) 2024–2033, with funding channelled through the PNG Agriculture Commercialization and Diversification Project (PACD). Prime Minister James Marape officially launched the PNG AgriConnect Project on...
BSP Financial Group (BSP) joins the global community in celebrating International Women’s Day (IWD) 2026, championing prosperity and gender equality across the South Pacific. Marking the occasion, BSP Group CEO Mark Robinson highlighted the bank’s ongoing commitment to advancing equality throughout the region. “Our workforce reflects the progress we...
Papua New Guinea showcased investment opportunities across its mining sector at the Prospectors & Developers Association of Canada (PDAC) Convention held from March 1 to 4 in Toronto, drawing strong interest from global investors while signalling support for reforms to modernise the country’s mining framework. The PNG CORE Investor Briefing, a side...
Air Niugini has launched a companywide Customer Experience Transformation (CXT) programme aimed at improving service standards and positioning the national carrier for a higher international airline rating. The initiative was introduced during the airline’s first staff town hall of 2026 held last Friday in Port Moresby, which also marked the formal wel...
Ok Tedi Mining Limited (Ok Tedi) has reaffirmed its commitment to workplace safety as it observes National Mine Safety Week from March 1 to 7, emphasizing the importance of strong safety systems and a culture that prioritizes the protection of workers. Under the theme “Building and Sustaining an Effective Safety System and Culture,” the company is enco...
Papua New Guinea’s economy is forecast to expand by 4.6 percent in 2026, with prospects shaped by its recent grey listing by the Financial Action Task Force (FATF) and the anticipated Final Investment Decision (FID) on the US$13–14 billion Papua LNG project later this year, according to Westpac’s Westpac Wailis: PNG Economic Update and Outlook (February 2...
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