The Papua New Guinea Chamber of Resources and Energy (PNG CORE) today congratulated New Porgera Limited (NPL) for its outstanding performance in the first quarter of 2025, calling it “a new era of responsible resource development and national ownership” in Papua New Guinea. PNG CORE President Anthony Smaré praised NPL’s achievements, noting that the co...

In an exclusive interview with PNG Business News, TWM Group managing director Kori Chan shared key insights from the 40th Australia–PNG Business Forum and Trade Expo, held from June 23 to 25 at The Stanley Hotel in Port Moresby. Chan described the event as informative and “suitably sized” to encourage meaningful dialogue among business leaders, governm...

Westpac is proud to announce the close of nominations for the 2025 Westpac Outstanding Women (WOW) Awards, marking a triumphant return of the programme after a five-year hiatus. The response has been nothing short of extraordinary, with nominations pouring in from every province. It is a powerful testament to the growing momentum behind women’s leadership...

Prime Minister James Marape has hailed the early success of New Porgera Ltd (NPL), calling it a model for responsible, equitable and inclusive resource development in Papua New Guinea. Speaking in Port Moresby following the release of NPL’s first-quarter report for 2025, Marape commended the gold producer for exceeding operational targets and making st...

Papua New Guinea and Australia marked four decades of business partnership at the 40th Australia–PNG Business Forum and Trade Expo, held from 23 to 25 June at the Stanley Hotel in Port Moresby. The forum came at a key moment for PNG, which is preparing to celebrate 50 years of independence. More than 800 delegates from government, business and developm...

15 June marked a significant milestone for Papua New Guinea as the government officially launched the Special Economic Zones (SEZ) Foundation Policy 2025–2032 during a high-profile ceremony at APEC Haus in Port Moresby—an event hailed by national leaders as a transformative moment in the country’s economic journey. Hosted by the Ministry of Internation...

Papua New Guinea Prime Minister James Marape has called for sweeping reforms, deeper cooperation, and renewed unity among Melanesian countries. Addressing the 23rd Melanesian Spearhead Group (MSG) Leaders’ Summit on Monday, 23 June, in Suva, Fiji, Prime Minister Marape urged MSG member states to reinforce their solidarity by recognising their ancient t...

Kundu Finance, one of Papua New Guinea’s newest but fastest growing financial institutions, is setting a new standard in responsible lending, one that blends cultural identity, innovation, and a people-first approach. Recognizing the daily demands of the modern workforce, Kundu Finance offers online loan applications that allow clients to apply from an...

For six decades, the PNG Institute of Banking & Business Management (IBBM) has stood at the forefront of professional development and business education in Papua New Guinea. From the institution’s humble beginnings to becoming the nation’s premiere leadership and training institution, IBBM has continuously evolved to meet the needs of PNG’s people,...

NiuHomes, from PNG Forest Products, manufacture premium designed, quality kit homes in ranges to suit every budget and lifestyle. Perfect for those starting out on a tight budget, the Baset Range starts at K73,000 and provides low-cost 3 & 4 bedroom (BR) kit homes that are designed to lock-up stage only, with no internal fixtures or fittings apart ...

Prime Minister Hon. James Marape and Autonomous Bougainville Government President His Excellency Ishmael Toroama today signed the landmark Melanesian Agreement in Port Moresby, charting a peaceful and legally defined course for the next phase of the Bougainville peace process. The ceremony was witnessed by Moderator Sir Jerry Mateparae, ministers from ...

Prime Minister Hon. James Marape has officially unveiled the inaugural board of Papua New Guinea’s National Rugby League (NRL) team and launched a national competition to name the team and compose its theme song, declaring the moment as “historic for sport and nation.” The announcement was made during a packed press conference held at the Santos Nation...

Prime Minister Hon. James Marape has restated his government’s strong and clear commitment to small and medium enterprises (SMEs), describing them as the “heartbeat of Papua New Guinea’s economic future”, and central to national efforts to grow the economy to K200 billion. Speaking during the 7th TISA Bank SME Breakfast and Awards Launch in Port Moresb...

The PNG Ports Corporation (PNG Ports) has presented a cheque of K200,000 to take up Gold Sponsorship for the upcoming 2nd Papua New Guinea Special Economic Summit that will be hosted at the APEC Haus in Port Moresby from August 31st- September 3rd, 2025. The Minister for International Trade and Investment, Hon. Richard Maru, thanked the Chairman of the...

Santos’ pioneering Global Support Centre in Port Moresby is creating more pathways to enhance skills and leadership development for young Papua New Guineans with the recent establishment of the Global Support Centre Academy. The establishment of the Santos Global Support Centre Academy in Port Moresby marks a significant step in leadership development ...

As Papua New Guinea continues to strengthen its economic ties with Australia and the broader Pacific, Westpac is proud to reaffirm its commitment to regional growth and connectivity as a Diamond Sponsor of the 40th Australia Papua New Guinea Business Forum & Trade Expo. Held in Port Moresby, the Forum remains a cornerstone event in the bilateral bu...

After more than 25 years of drilling expertise across Papua New Guinea’s most remote and rugged terrain, Zenex Drilling is stepping boldly into its next chapter, with international growth on the horizon, a growing fleet of specialised equipment, and a workforce strategy that puts Papua New Guinean talent at the centre. "This isn’t just about buying new...

The Minister for International Trade and Investment, Hon. Richard Maru, this morning, welcomed Mayur Industrials PNG Limited as a Gold Sponsor for the upcoming 2nd Papua New Guinea Special Economic Zones (SEZ) Summit, to be held at the APEC Haus in Port Moresby from August 31st to September 3rd, 2025. Mayur Industrials PNG Limited is a wholly owned sub...

In a crucial step towards improving transparency and governance in the extractive industries, the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) convened a two-day Pre-Validation Workshop from 9–10 June in Port Moresby. The workshop brought together members of the Multi-Stakeholder Group (MSG) and staff from the PNGEITI National ...

The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) has a new Executive Director and he is George Kauli. Mr Kauli succeeds Lucas Alkan, who served as the organization’s first head since its establishment in 2013. PNGEITI governing and oversight body, the PNGEITI Multi Stakeholder Group (MSG), appointed Mr. Kauli after a rigorou...

Mayur Resources Limited (ASX: MRL) is pleased to update the market on several positive developments with the main highlight of civil construction equipment being ordered for the Central Lime Project (CLP), located in Papua New Guinea. The CLP wharf (Phase 2) coming to completion - now enabling roll-on-roll-off vessel access and enabling the transfer of bu...

Geopacific Resources Limited is pleased to announce that a major 30,000 metre RC and diamond drilling campaign has commenced at its 100% owned 1.67 Moz Woodlark Gold Project in Papua New Guinea (‘Woodlark’, the ‘Project’), with the aim of extending known gold mineralisation and testing new targets to increase the Projects Mineral Resources. In total, 1...

Nambawan Super Limited (NSL) officially announced the appointment of Mr. Richard Sinamoi as the Chairman of the NSL Trustee Board of Directors. Mr Sinamoi was appointed to replace Mr. Reginald Monagi, who stepped down as Chairman in October 2024 after serving an additional term at the direction of the regulator, the Bank of Papua New Guinea (BPNG). Mr. Mo...

Ok Tedi Mining Limited reached a significant milestone in its mining operations with the commissioning and deployment of its first-ever Reverse Circulation (RC) Drill Rig. The rig was officially put into operation on Sunday, 11 May 2025. The successful introduction of the RC Drill Rig by the Mine Geology and Grade Control team, with the company’s Mine ...