The management team from a Filipino multi-billion-kina company, Century Peak Holdings Limited Corporation, visited Papua New Guinea (PNG) this week to assess major investment opportunities in the country. Their specific interest is to start a 10,000 hectares rice farm, invest in property within the Paga Hill Special Economic Zone, and they also want to in...
The Westpac Wailis Papua New Guinea Economic Update and Outlook for May 2025 published on 2 June shows a commodity boom, resource sector investments, and policy reforms are driving optimism amid global trade tensions. Titled “Optimistic 2025: PNG mostly resolves forex issues, sees favourable commodity prices,” the report shows the outlook for this year...
The government has officially launched the 2nd Papua New Guinea Special Economic Zones Summit that will be hosted at the Hilton Hotel in Port Moresby from 31 August to 3 September 2025. “This summit will be like no other. It will be the most useful and productive in our nation’s history. It will redirect the course of our nation,” Hon. Richard Maru, ...
The Department of Works and Highways (DoWH) and the Department of Lands and Physical Planning (DLPP) officially signed a Memorandum of Understanding (MoU) on Tuesday, 3 June, aimed at resolving long-standing land acquisition challenges that have delayed road projects nationwide. The MoU is anchored in national legal instruments including the Constituti...
K92 Mining has reaffirmed its commitment to cultural preservation and community development in the Eastern Highlands Province with a sponsorship of K100,000 towards the 2025 Goroka Show. The sponsorship was formally presented on 19 May 2025 during a ceremony held at the Bird of Paradise Hotel in Goroka. Representing K92 Mining at the event were Comm...
Brand Hero PNG is making a strong start with its community initiatives focused on education and wellbeing. Recently launched as a local entity to better serve the unique needs of Papua New Guinea, Brand Hero PNG is already building meaningful connections and delivering on-the-ground impact. As part of their Words for Wantoks campaign, Angela Shaw and J...
Prime Minister Hon. James Marape has commended the National Agricultural Research Institute (NARI) for unveiling plans to establish a state-of- the-art Information and Data Centre at its Bubia headquarters in Morobe Province. This initiative aligns with the government’s commitment to modernise Papua New Guinea’s agriculture sector through innovation, data...
Prime Minister Hon. James Marape has hailed the inaugural air shipment of Morobe-grown coffee to Dubai as a “monumental breakthrough” for Papua New Guinea’s agricultural exports, marking a powerful step forward in unlocking the full economic potential of rural communities and affirming the Government’s commitment to commercialising agriculture. Speakin...
Sri Lanka PNG Friendship Foundation (Sri Lanka PNG FFI), the official representative body of the Sri Lankan community in Papua New Guinea, proudly presents a Musical Extravaganza combined with a Dinner Dance in support of a noble cause. This fundraising event aims to strengthen healthcare services across Papua New Guinea an effort the Foundation has pr...
On Friday May 23rd 2025, NTC approved Steamship’s Three-Year Training and Employment Plan (3YTEP) with a Certificate of Compliance and Approval Letter which covers years 2025-2028. This is the first time NTC has worked with Steamships to approve its 3YTEP. Steamships is a dedicated and long-serving company in PNG and is deeply focused on a training and lo...
Remington Group, one of Papua New Guinea’s longest standing and most respected businesses, is proud to announce the appointment of Justin Kieseker as Chief Executive Officer, effective immediately. With 78 years of history behind it, Remington has built a reputation on reliability, resilience, and results. From print and document solutions to ICT and b...
PNG Ports Corporation Ltd (PNG Ports), which owns and operates 15 ports across Papua New Guinea, is advancing a major port upgrade program set to transform the nation’s maritime infrastructure. Supported by a combination of international donor funding and internal investment, the decade-long initiative will deliver critical improvements to six ports. Work...
The Marape-Rosso Government is committed to creating a more attractive business environment through investments in ease of doing business interventions by the Government and key Government Agencies, says the Minister for International Trade and Investment, Hon. Richard Maru. Minister Maru made this statement this morning in his keynote address to the m...
Prime Minister Hon. James Marape has reaffirmed his government’s strong commitment to transforming Papua New Guinea’s aviation sector through the ongoing implementation of the Civil Aviation Development Investment Programme (CADIP), saying it is key to unlocking economic potential across the country. Speaking from the Autonomous Region of Bougainville,...
Prime Minister James Marape officially launched the aircraft pavement strengthening, new terminal building, and associated works project at Aropa Airport, marking a significant milestone in the Civil Aviation Development Investment Project I (CADIP I). In his keynote address, he thanked the Asian Development Bank, National Airports Corporation and the ...
Pacific Towing, a prominent marine services provider headquartered in Port Moresby, is reaping the benefits of a recent organisational restructure that has transferred the management and maintenance of its fleet to a newly established entity. A key advantage of the change has been a marked improvement in fleet availability. This operational efficiency has...
2025 marks the 50th year of a vibrant Papua New Guinea. To celebrate PNG's journey from 1975 to 2025, popular PNG author Di Macinnes is producing Volume 3 of the PNG Pictorial Series. Volumes 1 and 2 were published in 2015 to mark the 40th Anniversary and the Pacific Games. The book is a 400-page kaleidoscopic journey through the rich history of the co...
TE (PNG) is proud to announce the grand opening of its newly completed showroom on Gabaka Street, coinciding with the company’s 70th year of operations in Papua New Guinea. Since its founding in 1955, TE (PNG) has grown into a trusted technology partner for communities across the country. The new Gabaka Street showroom reflects this legacy and the comp...
Papua New Guinea’s economic prospects remain positive in 2025 despite rising global uncertainties, according to the latest PNG Economic Update released on 30 April by Justin Smirk, Director and Senior Economist at Westpac. The report shows strong domestic fundamentals, firm growth forecasts, and increased investor confidence, even amid volatile global ...
Papua New Guinea is modernising its air traffic management systems through a collaboration between NiuSky Pacific Limited and UK-based aviation technology company Micro Nav. The agreement was officially signed during a high-level meeting at Micro Nav’s Head Office, attended and formally endorsed by PNG Minister for Civil Aviation, Hon. Wake Goi MP. ...
Papua New Guinea (PNG) is on a steady path toward economic growth, driven largely by informal sector consumer spending, record-high commodity prices, and a resurgence in foreign direct investment, according to Dr Kishti Sen, ANZ international Economist for Papua New Guinea and the Pacific. Sen presented the economic update was during the Port Moresby C...
The Mineral Resources Development Company (MRDC) has expanded its Omati Cocoa Project from Kikori in the Gulf Province to Gobe in the Southern Highlands Province in Papua New Guinea, reinforcing its commitment to building sustainable economies beyond the life of oil and gas resource extraction. In May, more than 2,000 high-quality hybrid cocoa seedling...
The General Manager of the Overseas Mineral Resources Business Department of Nittetsu Mining Co. Limited, Mr. Shinichiro Mita, met with the Minister for International Trade and Investment, Hon. Richard Maru, in Tokyo this morning to express interest to invest in Papua New Guinea (PNG), especially in the mid-size copper and limestone operation. Nittetsu...
For the first time in 50 years, the Government of Papua New Guinea (PNG) through the Minister for International Trade and Investment, Hon. Richard Maru, formally conveyed to the Japanese Government that PNG is very keen and anchor its trade and relationship with Japan through a Comprehensive Economic Partnership Agreement (CEPA) into the future. Minist...
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