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...

The Expo Site in Osaka, Japan, is crowded with visitors every day from 9am to 9pm with one-third being foreigners and two-thirds from Japan, reported the Commissioner-General of Section Papua New Guinea (PNG), Ambassador Gabriel Dusava during the visit of the Minister for International Trade and Investment, Hon. Richard Maru, to the Expo Site yesterday. ...

The Director for Pacific Islands Centre in Japan, Mr. Ryuzo Saito is calling on the Government of Papua New Guinea (PNG) to sort out important lingering trade issues hindering Japanese business, investment, and tourism interest in PNG. Mr. Saito raised this in his meeting this morning with the Minister for International Trade and Investment, Hon. Richa...

The Centre for Excellence in Financial Inclusion (CEFI), in close partnership with the Department of Education (DoE) through its Curriculum Development Division (CDD), has successfully concluded the two-week Financial Education Curriculum Validation Workshop, culminating in the delivery of 40 fully aligned educational resources. This marks an important st...

As Papua New Guinea marks 50 years of independence, a rare opportunity has emerged in global commodity markets — an opportunity that Prime Minister James Marape says could transform rural economies and secure lasting prosperity for farmers across the country. With international prices for cocoa and coffee soaring to record highs, and a favourable excha...

Papua New Guinea and Australia should not take each other for granted but work together with shared goals for the prosperity of each of their people. Prime Minister Hon. James Marape said this during the “Yumi Stap Wantem’’ event on Wednesday (14.05.25) evening. The event was organized by the Australian High Commission as part of the lead-up programs o...

Prime Minister James Marape has issued a firm directive to all relevant state agencies to work around the clock to prevent Papua New Guinea from being placed on the Financial Action Task Force (FATF) grey list by October 2025. Speaking after convening a high-level meeting in Port Moresby today, Prime Minister Marape said he has given a “no-excuses” dir...

Resources & Investment Finance Limited (RIFL) has gained a strong reputation for its fast and flexible finance solutions. RIFL’s new General Manager - Business Development, Russell Evans, has set his eyes on smarter, sustainable finance to empower businesses in Papua New Guinea (PNG). In an exclusive interview with PNG Business News, Evans shared h...

Across the resource and energy sectors, developers have turned to modular composite construction for camps, office complexes, and a wide range of support buildings—recognising its clear advantages over traditional timber solutions. Modular systems engineered by Ark offer superior performance in key areas including durability, minimal maintenance requireme...

Steamships recently announced the appointment of Ruth Kissam, who joined the Steamships team as General Manager of Corporate Affairs. She is the first woman to hold the position within the Company, and with the historical appointment, Steamships reinforces its commitment to closing gender gaps as Ruth leads an all-female-Papua New Guinean team. A respe...

GET ready to tee off for a great cause. The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is thrilled to announce it’s Inaugural PNG Resources Week Charity Golf Challenge, set to take place on July 25th, 2025, at the Royal Port Moresby Golf Club. Since its inception in 2023, the PNG CORE Charity Golf Challenge has become a significant e...

Health is everyone’s business, especially in countries like Papua New Guinea where national development depends heavily on human resources. A healthy population is important not only for social well-being but also for economic growth and national progress. Combating malaria, a disease that continues to place immense strain on health systems and communi...

Westpac is proud to mark 115 years of continuous service in Papua New Guinea with the return of one of the country’s most prestigious recognition platforms the Westpac Outstanding Women (WOW) Awards. Established to honour exceptional women who are making significant contributions across business, government, community, education and social development,...

Ok Tedi Mining Limited (Ok Tedi) has entered into a binding agreement with Kingston Resources Limited (Kingston) to acquire the Misima Gold and Silver Project for A$60M (~US$38M), with further contingent payments totalling up to A$35M (~US$22M). The Misima Gold and Silver Project, located 625km east of Port Moresby in Milne Bay, has a current mineral r...

BSP Financial Group Limited’s (BSP) Port Moresby Branch is undergoing a full refurbishment —a key part of the bank’s ongoing modernisation program aimed at delivering a better, faster, and more convenient banking experience for all customers. BSP Group General Manager – Retail, Ronesh Dayal, in announcing this said the bank is upgrading one of its most...

Prime Minister Hon. James Marape, MP, today officially welcomed the new Australian High Commissioner to Papua New Guinea, His Excellency Ewen Neil McDonald, during a courtesy call at the Office of the Prime Minister in Port Moresby. Prime Minister Marape expressed his appreciation to H.E. McDonald for the meeting and warmly welcomed him to Papua New Gu...

Prime Minister Hon. James Marape has congratulated the European Union (EU) on the occasion of Europe Day, recognising the EU’s long-standing and expanding partnership with Papua New Guinea during a formal reception held on the evening of Friday, 9 May 2025 at APEC Haus. Speaking before a distinguished audience of diplomats, ministers, and development p...

External Auditors into the Connect PNG Program are now in country to commence face to face interviews with all stakeholders and physical inspections of the road projects, starting in the Manus province where the start of phase one of the program was launched in 2022. Acting Chief Secretary to Government Ivan Pomaleu said the Audit is a response to vari...