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 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...

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...

Geopacific Resources Ltd. said ongoing drilling at its 1.67 million-ounce Woodlark Gold Project in Papua New Guinea continues to support potential resource growth, with high-grade gold intercepts confirmed at Little MacKenzie and encouraging geology identified at Kamwak. The company said about 13,000 metres of drilling has been completed so far, as it ...

Adyton Resources Corporation has engaged Global Ore Discovery to advance an integrated exploration programme at its 100% owned Feni gold-copper project in Papua New Guinea. The appointment brings Global Ore’s epithermal and porphyry expertise to support targeting and technical oversight as Adyton seeks to expand resources at the Kabang prospect and ass...