Bank South Pacific (BSP) has officially launched its upgraded EFTPoS platform, marking a major milestone in the bank’s ongoing modernisation journey and reinforcing its commitment to transforming payment experiences for customers across the Pacific. The launch of the Verifone EFTPoS system represents more than a year of planning, supported by a clear f...

St Barbara Limited expects its Papua New Guinea operations to underpin a sharp rise in group gold output, with the New Simberi Gold Project positioned as a key growth driver. The company said its attributable gold production is projected to increase nearly fourfold to about 191,000 ounces by fiscal year 2030, from 48,000 ounces in FY27, representing a ...

Prime Minister James Marape has reaffirmed Papua New Guinea’s long-standing partnership with Japan, setting out plans to deepen cooperation in education, trade, clean energy and regional security following high-level talks with Japanese officials. Marape met with Matsuoka Hideaki, Shirouzu Kenichi and Hisanobu Mochizuki, highlighting what he described ...

Papua New Guinea is currently undergoing its third validation under the Extractive Industries Transparency Initiative (EITI), marking a significant milestone in the country’s ongoing efforts to strengthen transparency and accountability in the management of its natural resources. Executive Director of the Papua New Guinea Extractive Industries Transpar...

The Autonomous Bougainville Government has launched its flag carrier, Bougainville Wings Limited, marking a milestone in the region’s aviation sector and broader economic development efforts. President Ishmael Toroama officiated the launch at Buka Airport, describing the initiative as a long-awaited step toward strengthening connectivity and supporting...

The Autonomous Bougainville Government has resumed engagement activities with landowners in the Panguna EL01 licence area from 20 April, following a temporary suspension caused by Cyclone Maila, President and Mining Minister Ishmael Toroama said. Consultations had been halted for two weeks as the cyclone affected access to communities and their readine...

Nickel 28 Capital Corp. said it is evaluating its options following a proposal to expand the Ramu nickel-cobalt operation in Papua New Guinea, a move that could significantly increase production capacity. The Toronto-listed company said it had been advised by Ramu NiCo Management (MCC) Limited, the operator of the Ramu operation, that a development pro...

Papua New Guinea’s economic growth is forecast to moderate to 3.6% in 2026 and 3.4% in 2027, as external pressures and persistent structural constraints weigh on activity, the Asian Development Bank said. In its Asian Development Outlook April 2026, the Manila-based lender said the outlook reflects spillovers from the Middle East conflict, including hi...

Ok Tedi Mining Limited (OTML) continues to strengthen its commitment to sustainable development in PNG through investments in education and workforce capability building. Seven undergraduate scholarship recipients have graduated from the PNG University of Technology (Unitech) and are now joining the company’s 2026 Graduate Development Scheme (GDS). ...

Bank South Pacific (BSP) said Papua New Guinea’s economy remains “reasonably resilient” but warned that rising global and domestic pressures could weigh on growth for the rest of 2026. The bank released its March quarter 2026 Economic and Market Pulse, highlighting increasing uncertainties, including widening fiscal deficits, inflation risks, questions...

The Japan International Cooperation Agency (JICA) has appointed Shirouzu Kenichi as chief representative of its Papua New Guinea office, effective 15 April, replacing Matsuoka Hideaki, who will depart the country on 19 April to return to the agency’s headquarters in Tokyo. Shirouzu has served as senior representative (deputy chief) since April 2025 and...

The Remington Group, through its business unit Remington Technology, has been appointed as Mimaki’s first locally based dealer in Papua New Guinea, improving access to world-class wide-format printing technology and local support across the country. Until now, customers in PNG have primarily been supported through Mimaki’s Australian dealer network, wh...

BSP Financial Group officially opened its newly upgraded full-service branch in Minj, marking a major step forward in expanding access to modern banking services in Papua New Guinea’s Highlands Region. The Minj opening signals more than just a physical expansion — it represents new opportunities for individuals, families and businesses across Jiwaka Pr...

The National Information and Communications Technology Authority (NICTA) and the Department of Information and Communications Technology (DICT) have signed a memorandum of agreement to strengthen coordination on key digital transformation initiatives in Papua New Guinea. The agreement sets out a formal framework for collaboration between the two agenci...

The Mineral Resources Development Company (MRDC) has announced a series of executive leadership appointments, including the historic naming of its first female chief risk officer, as the state-backed entity strengthens governance and organisational capacity. The appointments form part of a broader effort to reinforce the company’s leadership structure,...

Canadian miner K92 Mining Inc. reported first-quarter production of 46,743 ounces of gold equivalent from its Kainantu mine in Papua New Guinea, supported by strong grades and steady operational performance. Gold output reached 44,022 ounces, alongside 1.7 million pounds of copper and 38,845 ounces of silver. Quarterly sales totalled 44,854 ounces of g...

Nambawan Super Limited (NSL), the corporate trustee of Papua New Guinea’s largest superfund, today issued a statement reassuring its 245,504 members and the general public, while highlighting the broader economic implications of rising fuel costs on households and businesses across the country. The Independent Consumer and Competition Commission (ICCC)...

Tolu Minerals Limited has secured a A$23.75 million investment from Indonesian-listed firms PT Petrindo Jaya Kreasi Tbk and PT Petrosea Tbk, marking a significant step in advancing the Tolukuma gold project in Papua New Guinea. The investment will be made through the subscription of 14,615,385 new shares at A$1.625 each via a convertible note, subject ...

Great Pacific Gold has reported encouraging initial drill results from the Kavasuki target within its flagship Wild Dog project in Papua New Guinea, highlighting the potential scale of mineralisation along the Sinivit–Kavasuki corridor. The company said its first drill hole at Kavasuki intersected 58.9 metres grading 2.50 grams per tonne gold equivalen...

Frieda River Limited (FRL) has taken a major leap forward in communications capability through its partnership with TE (PNG) Ltd to roll out its newest satellite technology at the project site. The project site is situated in one of PNG’s most geographically challenging regions, where rugged mountains and vast river systems have long prevented the inst...

Across Papua New Guinea, demand for reliable infrastructure continues to expand. Government agencies, resource projects, health authorities, education providers and district administrations all face a shared challenge: delivering durable, cost-effective buildings in locations that are often remote, logistically complex and environmentally demanding. PN...

 Air Niugini recently convened its 2026 National Sales Leaders Conference in Port Moresby, gathering regional sales managers, supervisors and key stakeholders to align strategies for expansion and customer engagement. The two-day conference, held from March 19 to 20 at the Gateway Hotel, carried the theme “Transformation — Stepping Up,” and served as a...

Master planning has emerged as a central tool in addressing climate vulnerability and rapid urbanisation challenges across Pacific cities, according to discussions at the Seventh Pacific Urban Forum in Papua New Guinea. Delegates at the forum highlighted how Pacific urban centres are increasingly exposed to overlapping risks, including cyclones, floodi...

Westpac is making a significant investment in strengthening leadership capability across its Pacific businesses with the rollout of its best-in-class LEAD program in Papua New Guinea and Fiji this year, delivering training to 120 employees across the two markets. LEAD is Westpac Group’s flagship leadership development program focused on building future...