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...

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...

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...

Great Pacific Gold Corp. has expanded its drilling programme in Papua New Guinea, doubling its efforts at the Wild Dog Project in East New Britain from 2,500 metres to 5,000 metres, and is introducing advanced LiDAR technology to map the remote, jungle-covered terrain. The Phase 1 campaign, which began in May this year, is focused on a 1.5-kilometre st...

For the first time since the Tolukuma Gold Mine was commissioned in 1995, vehicles have successfully reached the remote site by road, marking a breakthrough moment for both the mine’s future and surrounding communities. Tolu Minerals Ltd. announced that its new access road, connecting the mine to Port Moresby, has officially opened to traffic. The deve...