This year’s Business Conditions Index indicates a positive path for growth, as revealed in the 2024 CEO Survey. Westpac Bank PNG Ltd Senior Economist Justin Smirk interpreted the results of the survey during the company’s recent sponsored breakfast at Stanley Hotel-Port Moresby on 20th March. The information offered clear insight into experiences in...

The Papua New Guinea Chamber of Resources and Energy (PNG CORE) recently hosted an Industrial Wind-Down Media Function, providing a pivotal networking platform for the resources sector. Held in Port Moresby on March 22nd, the event attracted nearly 100 attendees, comprising members, stakeholders, and media representatives, facilitating strategic collab...

Prime Minister Hon. James Marape today extended his gratitude towards Rio Tinto for its diligent efforts in conducting an effective legacy impact assessment for the Panguna mine and its affected communities. The meeting saw the attendance of Rio Tinto PNG Country Director Andrew Cooper, along with Deputy Country Director Cornelius Soagai. Prime Mini...

Prime Minister Hon. James Marape recently announced the Government’s determination to diversify Papua New Guinea’s fuel sources. This announcement came upon his return from a two-day visit to Singapore, where discussions were held with Puma Energies, the nation’s primary fuel supplier, and various other potential suppliers. The Prime Minister announced...

Santos is proud to partner with Telikom PNG in developing an evolving telecommunications landscape in the LNG and Santos project facilities and communities through a 10-year partnership. A Co-Location Agreement was signed between Telikom PNG CEO, Amos Tepi, and Santos Country Chair PNG, Leon Buskens this week in Port Moresby. This collaboration will be...

The Tourism Promotion Authority (TPA), through the International Visitor Survey (PNG IVS 2023) has reported a total of USD 120 million (PGK 400 million) generated by visitors travelling into Papua New Guinea last year. TPA’s 2023 Visitor Arrival Report and PNG International Visitor Survey Report revealed a notable surge in tourism, a 116 percent increa...

 The Government and the project partners for the US$12 billion (or K36 billion) P'nyang LNG project in Western signed the Fiscal Stability Agreement on March 18, 2024 in Port Moresby. [1] Prime Minister James Marape was present at the signing at the Government House, Konedobu. He expressed his gratitude and commendation to ExxonMobil, the project partn...

When it comes to producing, supplying and distribution of high-quality construction materials and project construction, look no further, as Monier Limited provides internationally recognized standards of services, contributing to the development of Papua New Guinea over the past 60 years. What sets Monier apart in PNG is its growth, experience, and exp...

The 39th Australia Papua New Guinea Business Forum and Trade Expo is set to bring together senior business and government representatives in an atmosphere away from the usual grind of daily business. Registrations are open for the event, which is to be held on Mon 13-Wed 15 May 2024, at the Sheraton Grand Mirage Resort, Gold Coast, Queensland. This eve...

In a significant development for tourism along the historical Kokoda Track, Tourism Promotion Authority’s (TPA) Chief Executive Officer, Eric Mossman Uvovo, was sworn in as the Deputy Chairman of the Kokoda Track Special Purposes Authority’s (KTA) Management Committee during a ceremony held at Stanley’s Hotel on Tuesday, March 19, Port Moresby.  The sw...

The Mineral Resources Authority (MRA) on Friday March 22, 2024, played host to a delegation from the Department of Mines of the Southern African country of Botswana. The MRA Managing Director Jerry Garry, welcomed the delegation and presented an overview of PNG's mining industry and the MRA and its functions. The delegation comprised of the Director...

After 50 years of diplomatic relationship between the Independent State of Papua New Guinea (PNG) and the Republic of the Philippines, the Trade Ministers of both countries have agreed for the first ever Trade Committee Meeting between the two countries to be held in Manila on June 17-18, 2024. The PNG Minister for International Trade and Investment, Hon....

The National Executive Council (NEC) in its Decision No: 43/2024 approved for Tony Blair Institute for Global Change (TBI) to be officially invited to visit Papua New Guinea (PNG) for exploratory discussion to open an office in PNG. This is following a very strong representation made by the Global Managing Director of the TBI, Mr. Michael McNair in a meet...

A shipment of diesel and Jet A1 was recently discharged at NapaNapa to assist the country address its current fuel shortage crisis. The National Government, under the Essential Services Act and through an NEC decision, mandated Kumul Petroleum Holdings to find commercial solution to help the country manage the energy crisis. KPHL took over a shipment o...

Prime Minister Hon. James Marape has begun discussions with alternate global fuel traders to open up the market to properly secure the country’s energy supply needs. Prime Minister Marape is being accompanied at these meetings by Petroleum Minister, Hon. Jimmy Maladina. PM Marape said, “We are in initial discussions with reputable global fuel trader...

Prime Minister Hon. James Marape says Papua New Guinea can learn from countries like South Korea, in terms of quality Government service delivery and significantly improving living standards of citizens. Prime Minister Marape, upon emphasising the importance of quality delivery of leadership and service for the country to enable an efficient public ser...

Hon. Muguwa Dilu, MP, Minister for Mining, has given an update on the PNG's mining sector. On his recent public statement, he highlighted the priority sectors of the government. The minister stated that he is committed in supporting policy initiatives that benefit the interest of all parties involved. "The extractive industry has always accounted for m...

Want to unwind the day and mingle in style? Well look no further! Crown Hotel has renovated it old Pondo Tavern into a new look - Pondo Bar and Bistro. Located in the heart of Port Moresby (Downtown), Crown Hotel provides guests, members, and the general public with access to a safe, secure, and luxurious environment.  The Pondo Bar and Bistro offer...

BizPrint and Scan proudly announces its designation as an Official Print Partner for the highly anticipated 2024 PNG Industrial and Mining Resources Exhibition and Conference, scheduled to be held at the Stanley Hotel in Port Moresby on July 3-4, 2024. As a silver sponsor of the event, BizPrint and Scan will play a crucial role in facilitating the succ...

Ok Tedi Mining Limited recently welcomed 16 new intakes under its Graduate Development Scheme Program. The cohort completed their respective university programs in 2023 and were selected after meeting the GDS program entry requirements. General Manager Social Performance and Sustainability, Jesse Pile, welcomed the intakes and urged them to grab thi...

Santos is pleased to announce the establishment of its new Global Support Centre in PNG, providing a new avenue for leveraging local talent and promoting them worldwide. The PNG Global Support Centre was officially launched by Prime Minister, James Marape, in Port Moresby recently through what was described as a milestone achievement for Santos in PNG ...

Steamships and Pacific Palms Property were proud to celebrate a significant milestone, officially opening the flagship development, Harbourside South, Harbourside Precinct’s newest property located in Port Moresby’s CBD.  The momentous occasion was attended by Prime Minister Hon. James Marape, Governor Hon. Powes Parkop, Barnaby Swire, Chairman of the ...

In 2024, tuberculosis (TB) persists as Papua New Guinea's leading cause of death from an infectious disease, said Ann M. Clarke of Businesses for Health (B4H): TB and HIV Project. "This year we observe World TB Day (on Sunday, 24 March) with a renewed sense of urgency and appeal to the private sector for your on-going support," Clarke said in a stateme...

Atlas Steel PNG has announced that it is now a one-stop shop for steel fabrication in Papua New Guinea. Before, Atlas Steel PNG would supply raw steel sections to the PNG Steel Fabrication industry. Now it offers a full steel fabrication service to its customers. Atlas Steel PNG can now fabricate steel from start to finish, and its services are avai...