Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia has said the reopening of Bank South Pacific’s (BSP) Tari Branch in Hela Province is a significant step toward strengthening financial inclusion, supporting small businesses, and improving economic participation in rural Papua New Guinea. Speaking at the official reopening ceremony in Tari Town o...

Andrew Cairns, chief executive of Westpac PNG, has been appointed President of the Australia Papua New Guinea Business Council (APNGBC), reinforcing his commitment to strengthening economic ties and advancing business opportunities between Australia and Papua New Guinea. The Australia Papua New Guinea Business Council is a member-based organisation tha...

TISA Bank Limited has formalised a lease agreement with the Enga Provincial Government to establish a new branch at the Dr. Samson Amean Commercial Centre in Wabag. The agreement also enables TISA Insurance to operate from the same location, allowing both entities to deliver integrated banking and insurance services to the people of Enga Province. L...

TISA Bank Limited has strengthened its engagement with small and medium-sized enterprises through an SME Road Show held in Alotau, aimed at promoting financial inclusion and supporting business growth in Papua New Guinea’s regions. The road show, conducted on May 2, brought together SMEs, cooperatives and local business owners to showcase the bank’s SM...

Kumul Petroleum Holdings Limited has announced an upcoming change in board leadership, with chairman Gerea Aopi, MBE, set to hand over the role to fellow director Isaac Lupari, CBE GCL, effective May 19. The transition follows requirements under the Kumul Petroleum Holdings Limited Act, which mandates the retirement of directors upon reaching the age o...

K92 Mining has reported record financial results for the first quarter of 2026, supported by strong operational performance and continued expansion activities at its Kainantu gold mine in Papua New Guinea’s Eastern Highlands Province. The company reported quarterly revenue of US$236.3 million for the three months ended March 31, 2026, up 63% from the c...

Santos has announced a final investment decision (FID) to proceed with the Agogo Production Facility (APF) Tie-In Project in Papua New Guinea following approval by the PNG LNG joint venture, with first gas targeted in the second quarter of 2028. The brownfield development will involve the installation of a new 19-kilometre pipeline linking the Santos-o...

Westpac Bank PNG Limited has congratulated the PNG Indigenous team following an impressive campaign at the 2026 National Indigenous Cricket Championships (NICC) in Mackay, Australia, where Papua New Guinea received the NICC Men’s Spirit of Cricket Award and players secured multiple Westpac match honours throughout the tournament. Held on Yuwibara Count...

Ok Tedi Mining Limited (Ok Tedi) recently hosted 30 landowners from Ok Birim villages in the North Fly District on an awareness visit to its Bige Operations as part of the company’s commitment to transparency, early engagement and informed decision-making. The visit provided landowners with firsthand insight into the Bige Operations, which include rive...

Ok Tedi Mining Limited (Ok Tedi) has strengthened its position as one of Papua New Guinea’s leading investors in human capital through the awarding of its 2026 Undergraduate Scholarships to high-performing students from three universities across the country. As part of its ongoing investment in education and skills development, Ok Tedi recently awarded...

Ok Tedi Mining Limited (Ok Tedi) has donated K1.25 million to Milne Bay Province to support relief efforts for communities affected by Tropical Cyclone Maila. Of the total amount, K1 million will go to the Milne Bay Provincial Disaster Committee, while K250,000 will support relief efforts in the Samarai-Murua district. Ok Tedi hosted a presentation ...

The Board of the Bank of Papua New Guinea (BPNG) has endorsed a new Emergency Liquidity Assistance (ELA) Policy Framework aimed at strengthening the central bank’s ability to respond to extreme short-term liquidity pressures within the country’s banking system. In a statement issued on April 30, 2026, and authorised by Governor Elizabeth Genia, the cen...

The Mineral Resources Authority (MRA) has clarified that no alluvial mining lease has been granted in connection with the recent incident at Sambio Village in Morobe Province, describing reports circulating in mainstream and social media as “factually incorrect.” In a media statement issued on April 30, 2026, Acting Managing Director Harry Kore confirm...

Papua New Guinea has positioned transport and energy connectivity as critical pillars for economic transformation across the Pacific following the conclusion of the 6th Pacific Regional Energy and Transport Ministers’ Meeting (PRETMM), held in Port Moresby from May 4, to May 8. Chair of the meeting and PNG Transport Minister Hon. Miki Kaeok said the re...

Missionary Aviation Fellowship (MAF) has played a critical role in supporting Papua New Guinea’s rural economy and national development through its aviation services over the past 75 years, according to Civil Aviation Minister Wake Goi. Speaking during MAF’s 75th anniversary thanksgiving service in Mount Hagen, Western Highlands Province, on 7 May 2026...

Papua New Guinea has strengthened its commitment to aviation safety, governance and international compliance with the swearing-in of a new Civil Aviation Safety Authority of Papua New Guinea (CASA PNG) Board of Directors, as the country continues efforts to position itself among the leading aviation regulators in the Asia-Pacific region. Speaking at th...

Papua New Guinea is strengthening its trade policy capacity as the country expands its engagement in regional and global markets, with a greater focus on improving trade facilitation, supporting small and medium-sized enterprises (SMEs), and increasing participation in international trade forums. As part of this effort, sixteen trade policy professiona...

The redevelopment of Kimbe Port has moved beyond the halfway stage, with a new shipment of heavy construction equipment and materials arriving in early May this year to accelerate one of Papua New Guinea’s key maritime infrastructure projects. The latest barge shipment from Townsville delivered critical equipment for the next phase of works, including ...

ExxonMobil PNG is proud to celebrate the incredible achievements of women thriving in the field of information and communications technology (ICT) across its PNG LNG Project operations. Their success is a testament to their strength and resilience despite the challenges faced by women and girls in accessing ICT education and opportunities in Papua New Gui...

TISA Bank’s launch of direct Chinese yuan (CNY) settlement in early 2026 marks a significant milestone for Papua New Guinea’s financial landscape. The introduction of direct CNY settlement strengthens bilateral economic relations and supports Papua New Guinea’s fiscal stability. The move also aligns with broader diplomatic efforts to deepen ties with C...

Adyton Resources Corporation has signed an amended investment and development agreement with East Vision International Holdings Pte. Ltd. and East Vision Group Ltd. for the development of the Wapolu and Gameta gold projects on Fergusson Island in Papua New Guinea’s Milne Bay province. The revised agreement replaces the original joint venture earn-in ar...

Ok Tedi Mining Limited (Ok Tedi) has established a kidney dialysis facility in Tabubil to service its employees and the community, marking a significant step in the fight against kidney failure. Kidney failure is one of the critical health challenges facing the region and the rest of PNG. Delivered in close partnership with the PNG Kidney Foundation, t...

Papua New Guinea Treasurer Ian Ling-Stuckey has commended the Papua New Guinea Customs Service (PNGCS) for its enforcement efforts after authorities uncovered more than K19 million in unpaid excise duties linked to illegally stored alcohol products in Port Moresby. Ling-Stuckey said Customs’ recent compliance operations demonstrated the agency’s critic...

PNGX Markets Limited (PNGX or PNGX Markets), operator of Papua New Guinea’s national stock exchange, today celebrated the successful listing of Papua New Guinea’s first wholesale corporate bond, a 235 million kina 10-year unsecured subordinated bond issued by Kina Securities Limited (KSL) (PNGX Code: KSL361). This landmark transaction represents a signifi...