KTF (Kokoda Track Foundation) is honoured to welcome Her Excellency the Honourable Sam Mostyn AC, Governor-General of the Commonwealth of Australia, as our new Patron. “I’m delighted to become Patron of the Kokoda Track Foundation. The friendship between Australia and Papua New Guinea is one of deep history and shared purpose — we are neighbours, partn...

Prime Minister James Marape has announced that Papua New Guinea’s bid to once again host the Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit has been accepted by APEC members for the year 2033. Prime Minister Marape made the revelation while commending his envoy to APEC 2025, Deputy Prime Minister John Rosso, for leading the PNG delegation and...

The Bank of Papua New Guinea (BPNG) and the Alliance for Financial Inclusion (AFI) have co-hosted a four-day Joint Learning Programme on Inclusive Green Finance (IGF) Policy Implementation, bringing together policymakers and central bankers from across the globe to strengthen climate-resilient and inclusive financial systems. Held in Port Moresby from ...

Prime Minister James Marape on 2 November commended Parliament for passing the Coffee Industry Bill 2025 by an overwhelming majority of 72–0 votes, describing it as a historic step towards revitalising Papua New Guinea’s agricultural base and empowering millions of rural households. The Bill, introduced by Minister for Coffee William Bando, establishes...

Great Pacific Gold Corp. (GPAC) has announced plans to file an updated technical report for its Kesar Gold Project in Papua New Guinea, outlining the results of its first exploration phase and setting the stage for a follow-up drilling campaign next year. The report, prepared under National Instrument 43-101 (NI 43-101) standards, summarises the findin...

South Pacific Metals Corp. (SPMC) has launched its maiden drilling program at the Ontenu Northeast prospect in Papua New Guinea, marking a significant step forward in the company’s exploration activities within the mineral-rich Kainantu region. Located within the Osena project area, Ontenu Northeast lies along the Kainantu Transfer Zone, a northeast-so...

Autonomous Region of Bougainville President Ishmael Toroama has commended the region’s cocoa farmers for their hard work and resilience, which have reinforced Bougainville’s position as Papua New Guinea’s top cocoa producer. Toroama made this statement during the Bougainville Chocolate Festival held this week in Buka. “Today, Bougainville stands pro...

Papua New Guinea’s foreign exchange (FX) market remained active in the third quarter of 2025, with total market turnover reaching K16.2 billion (approximately USD 3.86 billion). According to BSP Financial Group Limited's (BSP) September Quarter Economic and Market Update, this represented a 9% increase compared with the same period last year, supported...

The Moresby Arts Theatre, one of Papua New Guinea’s most cherished cultural landmarks, has undergone a major transformation following the completion of a comprehensive electrical and fire services upgrade carried out by Port Moresby Electrical. The project, aimed at improving safety, reliability, and sustainability, marks a significant investment in pr...

The final quarter of 2025 looks broadly positive, says BSP Group General Manager for Corporate Bank, Daniel Faunt, as he highlighted key insights from the September Quarter Economic Market Update. BSP Financial Group Limited (BSP) reported that business activity remained steady through the third quarter of 2025, supported by strong economic fundamental...

As part of its Safety Talk of the Month (STOM) initiative, the Papua New Guinea Chamber of Resources & Energy (PNG CORE) recently hosted an educational session in collaboration with Paradise Private Hospital to spotlight the critical issue of breast cancer and its impact on women’s health in Papua New Guinea. This timely session, organised by PNG C...

Loyalty, commitment, and dedication are the traits that have kept Malakati Anguai working with Ok Tedi Mining Limited (Ok Tedi) for the past 40 years. Mr. Anguai, the Superintendent for Processing Support, is one of three employees who have served Ok Tedi for four decades. They are among the 386 employees who were honoured with long service awards, rec...

Four Westpac employees recently represented Westpac PNG at the Westpac Group Youth Network (TYN) Summit in Sydney, Australia, reinforcing the bank's commitment to fostering youth leadership and driving positive change in communities across Papua New Guinea. Corporate Affairs and Marketing Officer, Melanie Yumbrick; Staff Lending Manager, Fabian Aime; B...

The operator of the PNG LNG Project, ExxonMobil PNG Limited, recently welcomed 75 outstanding ninth-grade girls from five Port Moresby schools for a day of hands-on science experiments, mentorship, and exciting activities designed to spark their curiosity and build their confidence in engineering. Now in its second year in Papua New Guinea, ExxonMobil’...

Marine salvage is a discipline defined by urgency, complexity, and risk. Every operation is different, and every operation is high-stakes – multi-million-dollar assets, lives, and marine ecosystems are often at risk. In Melanesia, Pacific Towing (PacTow) has consistently demonstrated the expertise and resolve to tackle these challenges head-on. A homegrow...

PacSuper, Papua New Guinea’s oldest private-sector superannuation fund, is pleased to announce it has extended its partnership with Perpetual Investment Management Limited to support the ongoing evolution of the Fund’s investment strategy, effective 1 October 2025. The decision follows a comprehensive review of PacSuper’s Strategic Asset Allocation (SA...

Papua New Guinea's Minister for International Trade and Investment Richard Maru, together with his small trade delegation, visited Jeonbuk State yesterday as part of his mission to meet potential Korean investors on the margins of the APEC Ministerial Meeting (AMM). During the visit, Minister Maru met with the Governor, Hon. Kim Kwan-young, to discuss ...

A 1-megawatt Buin Solar Farm was officially launched last Friday in Buin Town, marking a major milestone in Bougainville’s renewable energy journey. The project, funded by the Government of Japan and implemented through the United Nations Development Programme (UNDP) in partnership with the Autonomous Bougainville Government (ABG), will deliver clean a...

From humble beginnings as an office attendant to becoming a senior manager, Kini Renagi’s remarkable 28-year journey with the Mineral Resources Development Company (MRDC) is one of loyalty, perseverance, and purpose — a story that mirrors the company’s own transformation into one of Papua New Guinea’s leading landowner investment firms. Kini began his ...

South Bougainville is entering a new era of progress and energy transformation as the Autonomous Bougainville Government (ABG) moves forward with a series of high-impact infrastructure projects and the launch of the Buin Solar Farm and Innovation Hub. These landmark developments reflect Bougainville’s vision of a self-reliant, resilient, and inclusive eco...

The Mineral Resources Development Company (MRDC) has announced four landmark projects set to transform the economic landscape of Papua New Guinea’s gas-rich Hela Province. Formalised through key agreements signed in Tari on 17 October, the projects mark a new phase of investment aimed at accelerating development and improving local livelihoods. The ...

The Mineral Resources Development Company (MRDC) has confirmed that the Bank of Papua New Guinea (BPNG) has released accrued royalty payments for landowners in the PNG LNG Project area into their respective trusts managed by MRDC. The announcement was made on 22 October 2025, with MRDC stating that the release of funds marks a major milestone in ensuri...

Papua New Guinea continues to grapple with energy gaps, but hydro power is increasingly being recognised as a key solution to meet the country’s growing electricity demand. Managing Director of PNG Hydro Development Ltd Allan Guo says hydro energy is the way forward and holds the key to unlocking PNG’s green industrial future. He called for more unifie...

 Papua New Guinea’s Minister for Mining Rainbo Paita has commended the Pacific Lime and Cement Limited (PLC) joint venture initiative, describing it as a model that challenges existing industry norms and sets a higher standard for future resource projects in the country. “This challenges the status quo of all projects,” said Minister Paita. “Companies ...