Ok Tedi Mining Limited (Ok Tedi) has reinforced its commitment to addressing domestic and family violence in Papua New Guinea by supporting Femili PNG, a leading non-government organisation providing essential services to survivors of violence across the country. As part of this partnership, Ok Tedi purchased Femili PNG’s coffee, sourced from the Weste...
Prime Minister James Marape has launched a comprehensive review of Papua New Guinea’s state-owned enterprise (SOE) governance system, citing persistent blackouts, water shortages and underperformance as key concerns. Speaking during Cabinet, Marape said the government is examining the entire Kumul Consolidated Holdings (KCH) structure and how major uti...
Air Niugini’s new Airbus A220-300 aircraft are reshaping domestic air travel across Papua New Guinea, delivering improved reliability, comfort and capacity since entering service late last year. The national carrier introduced its first A220-300 in September, followed by two additional aircraft in December. The three next-generation jets have quickly b...
The board of SD Guthrie, owner of New Britain Palm Oil Ltd., has agreed in principle to commence negotiations with the Government of Papua New Guinea on a long-term business partnership, including potential equity participation by the state in Ramu Agri Industries. The agreement followed a special board meeting held in Kuala Lumpur during a visit by Mi...
Ok Tedi Mining Limited has strengthened its commitment to addressing domestic and family violence in Papua New Guinea by supporting Femili PNG, a leading non-government organisation providing assistance to survivors of violence nationwide. As part of the partnership, Ok Tedi purchased Femili PNG’s locally produced coffee, sourced from the Western Highl...
The National Airports Corporation (NAC) has advised the travelling public and stakeholders that the runway at Hoskins Airport in West New Britain will be further shortened to allow for essential upgrade works, with Stage 4 of the Method of Works Plan (MOWP) expected to commence by the end of the week, subject to the issuance of a Notice to Airmen (NOTAM)....
The National Information and Communications Technology Authority (NICTA) and the Centre for Excellence in Financial Inclusion Inc. (CEFI) have entered into a two-year Memorandum of Agreement (MoA) to establish a dedicated FinTech Incubation Centre at the Papua New Guinea University of Technology (Unitech) Taraka Campus in Morobe Province. The initiativ...
The Australia Papua New Guinea Business Council (APNGBC) has announced that its 41st Australia Papua New Guinea Business Forum (#41APNGBF) will be held in Brisbane in 2026, coinciding with the city’s highly anticipated Magic Round weekend. Under the theme Game On for Growth, the forum will bring together business leaders, policymakers, and long-standin...
The Asian Development Bank (ADB) has appointed Takafumi Kadono as its new country director for Papua New Guinea, with responsibility for leading the bank’s resident mission in Port Moresby and overseeing its development engagement in the country. Kadono assumed office on January 13 and will lead the formulation and implementation of ADB’s next country ...
K92 Mining Inc. has reported strong fourth-quarter production from its Kainantu Gold Mine in Papua New Guinea, capping a record year in which the company achieved the upper end of its production guidance and completed commissioning of its Stage 3 process plant expansion. In a statement released on January 12, the TSX-listed miner said fourth-quarter 20...
Minister for International Trade and Investment Richard Maru will travel to Malaysia to meet the board and management of SD Guthrie to advance discussions on the state’s proposed acquisition of shares in Ramu Agri Industries (RAI). SD Guthrie currently owns New Britain Palm Oil Ltd., which holds interests linked to RAI. The talks are part of the gover...
The Government’s initiative to establish a coconut processing plant in Madang, in partnership with Sri Lankan firm Jaindi Exports, is progressing as planned, according to the Minister for International Trade and Investment Richard Maru. Minister Maru made the announcement following the weekend visit of Jaindi Exports’ Founder and Managing Director, Mr ...
Communities in Kutubu and Bosavi have marked a major infrastructure milestone with the official launch of the Poroma–Kutubu Road Sealing Project on Wednesday, January 7, 2026, signalling a new phase of connectivity and development for the Kutubu district. The 106-kilometre road project, valued at K370 million, is expected to significantly improve acces...
The Bank of Papua New Guinea’s Monetary Policy Committee (MPC) has maintained the Kina Facility Rate (KFR) at 5.0 percent following its final meeting for 2025, signalling continuity in monetary policy settings amid moderating global growth and evolving domestic economic conditions. The decision was announced on 2 December 2025 after the Committee met t...
Prime Minister James Marape has launched Papua New Guinea’s National Fisheries Authority (NFA) Monitoring, Control and Surveillance (MCS) Command Centre in Daru, describing the facility as a critical step in protecting national sovereignty, securing marine wealth and strengthening the fisheries sector as a major pillar of the country’s future economic ind...
Comrade Trustee Services Limited (CTSL), the superannuation fund serving members of the Papua New Guinea Defence Force (PNGDF), has strengthened its governance framework and long-term strategic positioning with the appointment of Mr Chetan Chopra as Chairman of the Board. The appointment of Chopra was formally announced during a CTSL press conference h...
The Bougainville Power and Water Corporation Limited (BPWCL) has become one of the first State-Owned Enterprises (SOEs) under the Autonomous Bougainville Government (ABG) to generate revenue from its own commercial operations following the commissioning of the 1-megawatt Buin Solar Power Plant in South Bougainville. Chief Secretary to the ABG and BPWCL...
New PNG Defence Force facilities strengthen capability, drive workforce development By Roselyn Erehe The completion of the refurbished Garrison Engineer Compound at Murray Barracks in Port Moresby marks a strategic infrastructure investment that strengthens the operational capability of the Papua New Guinea Defence Force while delivering broader eco...
The Business Coalition for Women (BCFW) has positioned Papua New Guinea’s private sector at the centre of regional discussions on workplace safety and gender equality, following the presentation of its Poroman Walkabout Wantaim (Men as Allies) programme at the Australasian Aid Conference in Canberra. The programme was featured during a panel discussion...
Pacific Towing (PacTow) has successfully refloated the grounded Coral Expeditions cruise vessel Coral Adventurer (IMO 9838644). The refloating operation was completed on the afternoon of December 30, 2025, near Dregerhafen, approximately 65 miles north-east of Lae, Papua New Guinea. Following the vessel’s grounding, Pacific Towing was engaged to lea...
The Paga Hill Paradise Apartments, located within the Paga Hill Special Economic Zone (SEZ), was officially opened by Prime Minister James Marape on 5 January 2026. The K130 million (USD 30.5 million), 22-storey luxury residential development sits on the Port Moresby beachfront, overlooking the historic Fairfax Harbour. It features 83 units, ranging fr...
Papua New Guinea has achieved a landmark financial milestone with the PNG LNG Project fully retiring its bank-financed debt six months ahead of schedule, Prime Minister James Marape announced during a site visit to the LNG facilities on 28 December 2025. The repayment marks a major achievement in the country’s economic history and reinforces PNG’s credibi...
Papua New Guinea is set to take a major step in turning resource wealth into community development with the installation of a new gas-fired power plant at the LNG facilities in Hela Province. Prime Minister James Marape said the project represents a shift from resource extraction to direct, long-term benefits for local communities. During a site visit ...
Ok Tedi Mining Limited has unveiled a five-year plan to redevelop the Misima Gold Project following its acquisition from Kingston Resources in May 2025. The company aims to start construction within the two-year term of the exploration lease. The plan includes early investment in community infrastructure to benefit local residents before production beg...
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