Members of Comrade Trustee Services Ltd (CTSL) can now enjoy a faster and more convenient process when applying for superannuation withdrawals, following a new partnership with BSP Financial Group Ltd (BSP). The two organisations signed a Memorandum of Understanding (MoU) on 23 September, that allows, with members’ consent, bank statements to be shared...
A delegation of Korean investors has visited Papua New Guinea to explore opportunities in poultry, trade and education, a move the government hopes will spark long-term economic partnerships. Minister for International Trade and Investment Richard Maru said the visit was an important signal of growing interest from Asia’s fourth-largest economy. “Th...
The Conservational and Environmental Protection Authority (CEPA) has granted the Level 3 Environmental Permit for the upstream component of the Papua LNG Project to TotalEnergies EP PNG Limited (TEP PNG), marking a key step toward the project’s eventual Final Investment Decision (FID). The Level 3, or “L3,” permit is the principal regulatory approval u...
Theodist Limited, a leading Papua New Guinean business, has partnered with Kairuku MP and Minister for Energy Peter Isoaimo to provide essential school furniture to St Michael’s Bakoiudu Primary School in Kairuku District, Kuni LLG. The donation, comprising 15 desks and 15 chairs, was presented during the official opening of the school’s new 3-in-1 cla...
From Insurance to Real Estate – making new roads into the future Established in 1977 and now nearing five decades, Kwila has long been a trusted name in Papua New Guinea. The company began as an insurer, serving both corporate and individual clients, and its brand has remained strong across PNG’s diverse communities. Kwila entered the real estate se...
The Republic of Fiji has once again underscored the urgent need for renewed global commitment to climate action and stronger support for Small Island Developing States (SIDS). At a high-level side event held on the margins of the 80th United Nations General Assembly (UNGA80), Prime Minister Honourable Sitiveni Rabuka stressed that climate change contin...
Prime Minister James Marape received a rousing and colourful welcome in his home electorate of Tari-Pori, Hela Province, as he returned from the nation’s historic 50th Independence Anniversary celebrations in Port Moresby on18 September. Thousands gathered in traditional attire, with singsing groups and community members filling Tari with the spirit o...
Prime Minister James Marape has announced that Papua New Guinea and Australia have agreed on the text of a Mutual Defence Treaty, elevating the two nations’ security partnership to the highest level in their shared history. The Treaty — to be known as the Pukpuk Treaty — will be formally signed after Cabinet processes in both Port Moresby and Canberra....
The Bank of Papua New Guinea (BPNG) and the country’s commercial banks have reached a historic milestone with the signing of a Master Repurchase Agreement (MRA), a development that will transform the operation of Papua New Guinea’s financial system. The MRA establishes a framework that allows commercial banks to borrow and lend to one another—as well a...
When Papua New Guinea celebrates 50 years of independence this September, one business stands out for having journeyed with the nation long before 1975: Remington Group. Established in 1948, Remington began as the country’s typewriter supplier, introducing modern office equipment to government, schools and businesses. Those machines helped lay the foun...
Everyone knows that to be truly independent, you need your own home. But for many, there is the question of whether to buy or build, while for others, housing affordability is a challenge. The answer to both is NiuHomes from PNG Forest Products. With over 30 models to choose from, NiuHomes are PNG’s first choice for quality, affordable kit homes, avail...
Papua New Guinea’s 50th Independence Anniversary, celebrated from 14 to 19 September, brought the nation to the world stage as global leaders, regional partners and international dignitaries joined in commemorating the Golden Jubilee. From Independence Hill to the streets of Port Moresby, the celebrations on 15 and 16 September showcased the unity of “...
Papua New Guinea Prime Minister James Marape, alongside Governor-General Bob Dadae and Chief Justice Gibbs Salika, officially opened the new National and Supreme Court Complex at Waigani on 10 September, describing the K653 million project as a national investment in democracy and institutional stability. Positioning the development as a cornerstone fo...
Papua New Guinea has concluded its Second Special Economic Zone (SEZ) Summit, hailed as the country’s largest international investment gathering to date, drawing over 450 delegates, including more than 100 foreign investors from Asia and the Middle East. The three-day summit, held from 1–3 September at APEC Haus in Port Moresby, has been described by orga...
The European Union is advancing its Global Gateway strategy in Papua New Guinea (PNG), with European Commissioner for International Partnerships Jozef Síkela arriving in Port Moresby on 11 September to strengthen investment ties and development cooperation. His two-day visit concluded on 12 September with the signing of a PGK 125 million budget support pr...
Over the past year, PNG Ports Corporation Ltd (PNG Ports) has taken a significant step forward in shaping its leadership for the future. It appointed four exceptional professionals to senior roles, in line with its most ambitious infrastructure programme since the relocation of Port Moresby’s terminals to Motukea and the expansion of Lae Port. The appo...
Papua New Guinea (PNG) marks half a century of independence this year, a journey defined by cultural resilience, political milestones, and the transformation of its resource-driven economy. From shedding colonial rule in 1975 to emerging as a strategic player in regional diplomacy and climate advocacy, PNG’s story is a tapestry of triumphs and challen...
Weir, a mining technology company, has redesigned its market-leading heavy-duty submersible slurry pump to deliver reliable performance in the harshest slurry environments. Weir has made several design improvements to address the operational challenges miners face in submersible pumping applications. The WARMAN® SHW-XTR heavy-duty submersible slurry...
Papua New Guinea will co-host the Alliance for Financial Inclusion (AFI) Global Policy Forum (GPF) in 2026, the Bank of Papua New Guinea (BPNG) confirmed. Governor Elizabeth Genia accepted the hosting offer on behalf of the country during the 2025 AFI Global Policy Forum in Swakopmund, Namibia, which drew senior policymakers and central bank leaders fr...
Papua New Guinea’s Minister for Mining Rainbo Paita has urged investors to embrace the country’s Special Economic Zone (SEZ) initiative, stressing the need for competitiveness, strong incentives, and practical reforms to attract long-term investment. Speaking during the Second Special Economic Zone Summit at APEC Haus, Minister Paita commended the Mini...
New Porgera Limited (NPL) continues to invest in the growth and professional development of its people, with a team of eight Employee Development (ED) trainers recently completing the Certificate IV in TAE (40122). The Certificate IV is a nationally recognised Australian qualification that equips trainers with the skills and knowledge to design, delive...
Nambawan Super Limited (NSL) proudly congratulates the Government and people of Papua New Guinea on 50 years of Independence. This Golden Jubilee is a milestone in the nation’s shared journey of growth, resilience and development. For more than five decades, hardworking Papua New Guineans — the Members of Nambawan Super — have been the backbone of the ...
Papua New Guinea’s 50th Independence Anniversary saw an unprecedented gathering of regional and international leaders, underscoring the country’s growing diplomatic and economic significance on the global stage. Prime Minister James Marape hosted bilateral and multilateral partners, dignitaries, investors and business leaders across a week of events in...
Prime Minister of the Cook Islands Mark Brown met with Papua New Guinea’s Prime Minister James Marape on the margins of PNG’s 50th Independence celebrations on 16 September, reaffirming the strong friendship between the two nations. Prime Minister Brown congratulated Marape and the people of Papua New Guinea on their golden jubilee, recognising PNG’s a...
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