Prime Minister James Marape and Queensland Premier David Crisafulli on 10 December signed the Papua New Guinea–Queensland Memorandum of Understanding (MoU) 2025–2030 at the Queensland Parliament, establishing a framework to deepen Government-to-Government, Business-to-Business, and People-to-People ties. The MoU provides a multi-tiered structure for co...

Prime Minister Hon. James Marape has commended Samarai-Murua District in Milne Bay Province for its first fish export under a joint venture with Thai company Pornupphan 2018 Co. Limited, marking a milestone in the district’s economic development and fisheries sector. The partnership involves the district’s fishing business, Kekeisi Limited, and the Tha...

K92 Mining Inc. welcomed Dr Joseph Espi, Associate Professor and Divisional Leader of Earth Sciences at the University of Papua New Guinea (UPNG), for a lecturer immersion visit at its Kainantu operations, strengthening the company’s ongoing collaboration with local universities. The visit forms part of K92’s School-to-Mine strategy and Memoranda of Un...

The Autonomous Bougainville Government (ABG) has formally signed a project charter with the Government of Australia, through its Transport Sector Support Program (TSSP3), and the National Department of Works and Highways (DOWH) to commence major upgrades on the Bougainville Trunk Road. The project covers the upgrade and sealing of the trunk road from I...

The National Airports Corporation (NAC) will temporarily open Tokua Airport in East New Britain Province to Airbus A220 aircraft operations and facilitate night flights at selected airports to ease congestion and support passenger movement during the peak festive travel period. The measures are part of NAC’s strategy to boost air travel capacity during...

PNGX Group Limited (PNGX Group), the holding company of PNGX Markets Limited (PNGX), has welcomed Pacific Lime and Cement Limited (PLC) as a listed company on the Papua New Guinea stock exchange. Trading in PLC commenced at 10:00 a.m. on 15 December 2025, under the trading code PLC. PLC, incorporated in Singapore, is listing on PNGX as an exempt iss...

Papua New Guinea’s Minister for Petroleum, Jimmy Maladina, has reaffirmed major reforms and significant project progress in the country’s petroleum sector, announcing that 2026 will be a pivotal year for exploration, licensing and LNG project development. Speaking at the PNG Investment Summit in Sydney, Maladina said the Marape–Rosso government’s commi...

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...

When Tisa Bank brought in Saamrat Dutta to lead its strategic objectives, it wasn’t just making a hire - it was placing a strategic bet on a leader known for steering transformation even in the most complex environments. Saamrat carries with him over 25 years of international banking and fintech experience, but what truly sets him apart is his instinct...

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...

Pacific Lime and Cement Limited has formalised a Project Development Agreement (PDA) with the Papua New Guinea government for its Central Lime and Cement Project, a move officials described as a “sovereign milestone” after more than a decade of planning. The PDA, initialled by the State Negotiating Team representing the government, was publicly announc...

Frieda River Limited is pleased to announce that the Conservation and Environment Protection Authority (CEPA) has granted six environmental permits for the Frieda River Project, following a rigorous and comprehensive assessment process. The approvals represent a significant milestone for the Project and follow an extensive programme of environmental st...

State-owned enterprises, businesses, companies, and key government departments in the nation’s capital have joined a unified campaign to address gender-based violence (GBV) in Papua New Guinea, with the Governor of the National Capital District acknowledging that the government itself has been the major missing link in adequately tackling this crisis. ...

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...

Papua New Guinea has renewed its call for fairness, strengthened scientific management, and climate-resilient policies at the Twenty-Second Annual Regular Session of the Western and Central Pacific Fisheries Commission (WCPFC22), held 1 to 5 December in Manila, Philippines. Addressing ministers, fisheries heads and delegates from across the region, Min...

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...

New Porgera Ltd. (NPL) has submitted its three-year Training and Employment Plan to the Papua New Guinea National Training Council (NTC) at the Department of Labour and Industrial Relations. The 2026–28 plan, presented to NTC Director Kinsella Geoffrey on 26 November 2025, outlines NPL’s initiatives to strengthen workforce development through targeted ...

Pacific Lime and Cement Limited has entered a strategic national partnership with PowerChina PNG Limited (PowerChina) to advance the Orokolo Bay Industrial (Magnetite) Sands Project (OBP) in Papua New Guinea’s Gulf Province. PowerChina has joined PLC’s wholly owned subsidiary, Mayur Iron PNG Limited, as the project’s development partner. The collaborat...