The aroma of fine cocoa will once again fill the air in Buka as the annual Bougainville Chocolate Festival returns from 28 to 30 October 2025, bringing together farmers, chocolatiers, industry leaders, and the public to celebrate the island’s world-class cocoa. This year’s festival carries the theme: “Bougainville Island of Cocoa: Through Creative Oppo...

Prime Minister James Marape has urged Papua New Guinea and its Pacific neighbours to take full control of their ocean resources, declaring that the region must no longer remain a “beggar” while foreign powers exploit its fisheries wealth. He was speaking in Port Moresby at the National Fisheries Authority’s (NFA) 25th anniversary celebrations, where he...

The Bank of Papua New Guinea’s Monetary Policy Committee (MPC) has announced key policy adjustments aimed at reinforcing price stability and strengthening the role of the exchange rate as the nominal anchor for monetary policy. In its 2 September meeting, the Committee increased the Kina Facility Rate (KFR) from 4.0% to 5.0% and lowered the Cash Reserv...

A local project services company is partnering with a leading Australian manufacturer to introduce innovative dome shelter solutions across Papua New Guinea. PNG CR Services Company announced its strategic collaboration with Container Domes Australia, a move that promises to deliver durable, cost-effective infrastructure tailored to the country’s varie...

Papua New Guinea Prime Minister James Marape, MP, has called for stronger civil society engagement to ensure the Pacific’s regional architecture delivers stability, good governance and sustainable economic growth. In his intervention statement at the 54th Pacific Islands Forum (PIF) Leaders’ Dialogue with Civil Society on 9 September in Honiara, Solomo...

In celebration of Papua New Guinea’s 50th Independence Anniversary, New Porgera Ltd. (NPL) has pledged K100,000 (about USD 23,500–24,000) to the National Museum and Art Gallery (NMAG). The contribution was formally handed over by NPL Country Manager Karo Maha after discussions with NMAG executives and Friends of the Museum (FoM), a non-profit group ded...

Prime Minister James Marape has reaffirmed Papua New Guinea’s commitment to investor confidence and economic diversification, telling international and local business leaders that Special Economic Zones (SEZs) will drive growth while upholding the rule of law and ensuring strong returns. Speaking at the Second PNG SEZ Summit in Port Moresby, Marape hig...

The Governments of Papua New Guinea and Solomon Islands have taken a decisive step to strengthen their economic and cultural bonds with the soft launch of the Papua New Guinea–Solomon Islands Business Council. Held in Port Moresby, the event brought together leaders from government and business, with both Prime Ministers hailing the initiative as a mil...

Prime Minister James Marape on 5 September farewelled United Nations Secretary-General António Guterres after a four-day visit that placed Papua New Guinea at the heart of global discussions on climate change and sustainable development. Guterres departed from Jacksons International Airport aboard a UN flight, concluding what Marape described as a “pro...

Prime Minister James Marape received a courtesy call from the United Kingdom’s Minister for the Indo-Pacific Catherine West at Melanesian House in Waigani, in a meeting that underscored both countries’ determination to strengthen ties as Papua New Guinea marks 50 years of independence. The talks came ahead of the upcoming state visit of the Duke of Edi...

As Papua New Guinea marks 50 years of independence, Zenex Drilling is celebrating the national milestone with a step that blends technical innovation with local ambition: the arrival of the LRS275 Duo Sonic Drill Rig from Dutch manufacturer Eijkelkamp. For Zenex, this is more than a fleet upgrade — it’s a statement about where PNG’s homegrown drilling cap...

The Bank of Papua New Guinea (BPNG) has raised its benchmark interest rate to 5.0 percent while easing banking reserve requirements, in a move designed to strengthen the kina, manage inflation, and keep credit flowing across the economy. At its September meeting, the Monetary Policy Committee (MPC) lifted the Kina Facility Rate (KFR) from 4.0 percent t...

Great Pacific Gold Corp. (GPAC) has announced a breakthrough at its Wild Dog Project in Papua New Guinea (PNG), reporting what it describes as one of the country’s best gold exploration results in recent years. The highlight came from hole WDG-08, which intercepted 8.4 metres at 49.9 grams per tonne gold equivalent, including 3.8 metres at an exception...

Nambawan Super Ltd. (NSL) has expanded its Member Discount Partnership programme with the addition of two new partners, Hongland Hardware & Homecentre and Hilton Port Moresby Hotel & Residences. The fund also renewed its partnerships with Sanctuary Hotel Resort and Spa and BNBM Mt Hagen. NSL Chief Executive Officer Paul Sayer thanked the busine...

Ok Tedi Mining Ltd. (Ok Tedi) has reaffirmed its commitment to supporting Papua New Guinea’s future workforce, announcing it will remain the platinum sponsor of the University of Technology (Unitech) Career Fair for the next two years. The announcement was made on 31 August, during the closing dinner of this year’s fair, where Ok Tedi also served as pl...

Prime Minister James Marape has assured the people of Kotidanga, one of the country’s most isolated regions bordering Gulf and Morobe provinces, that his government is committed to bringing roads, schools and essential services to their doorstep. Speaking to a large gathering at the rugged frontier during the opening of the Trans National Corridor Miss...

Prime Minister James Marape has reaffirmed his government’s commitment to national unity, regional empowerment and inclusive development at the signing of the Port Moresby Papua Accord, a milestone agreement that followed the Papua Governors’ Dialogue. The accord brought together key national and regional leaders from the Southern, or Papuan, region, u...

Prime Minister James Marape has welcomed the growth of Papua New Guinea’s overseas STEM (science, technology, engineering and mathematics) scholarship programme, calling it a transformative investment in the nation’s future workforce and leadership. He said the initiative reflected his government’s vision of equipping young Papua New Guineans with worl...

A new customs detector dog facility has been launched in Port Moresby, marking a significant step in strengthening border protection and deepening the partnership between Australia and Papua New Guinea. “From narcotics and firearms to illicit tobacco and explosives, detector dogs are a powerful non-intrusive screening tool that can complement and, in s...

Nambawan Super Ltd (NSL) has announced the relocation of its Madang branch to the ground floor of the Fenske Aben Building along Modilon Road. The branch is now open for business, offering members and employers more space, modern facilities and a comfortable environment. NSL Chief Executive Officer Paul Sayer said the move formed part of the company...

Credit Corporation (PNG) Limited has outlined its transformation into a commercial bank and reported a solid financial performance for 2024, with Chief Executive Officer Danny Robinson reaffirming confidence in the Group’s future. Robinson shared the company’s progress at a Port Moresby Chamber of Commerce and Industry breakfast on 27 August 2025, wher...

Papua New Guinea’s aviation sector is set for a sweeping transformation, with Aviation Minister Wake Goi announcing multi-billion Kina investments to modernise airports and expand their role as economic drivers. Goi said the redevelopment programme will focus on five priorities: runway expansions, aircraft parking bays, infrastructure upgrades, termina...

Papua New Guinea marked its 50th Anniversary of Independence and the 50th Anniversary of the Kina and Toea with the launch of a commemorative K50 banknote and 50 toea coin, while also announcing plans for a new K100 note honouring the late Sir Julius Chan to be released in 2026. The commemorative currency was unveiled on 28 and 29 August in a series of...

A delegation from Papua New Guinea’s Global Green Growth Institute (GGGI), Department of Works and Highways (DoWH) and Climate Change and Development Authority (CCDA) visited Aotearoa New Zealand from Saturday 23 to Saturday 30 August 2025 to learn more about climate-resilient infrastructure. The learning exchange programme comes as Papua New Guinea (P...