Discussions have been concluded between the Minister for International Trade and Investment, Hon. Richard Maru, and the Chairman of New Britain Palm Oil Limited (NBPOL), Datuk Mohamad Helmy Othman Basha, for the State to take equity in Ramu Agri Industries Ltd (RAI) early next year. Minister Maru, who is also responsible for State Equity, said that the...
Japan is the first country in 50 years to receive visa-on-arrival privileges for all its passport holders entering Papua New Guinea (PNG), according to Minister for International Trade and Investment Richard Maru. “This is a very historic and one of the best decisions by the Marape-Rosso Government in terms of its bilateral, security, and trade and inv...
ShieldCrete® International has established a significant presence in Papua New Guinea through a strategic joint venture between Malaysia-based ShieldCrete® International and local partner Workforce South Pacific, creating ShieldCrete® South Pacific (SCSP). This advanced coatings company operates major facilities in Port Moresby and brings over 30 years of...
With over 70 years of manufacturing in Papua New Guinea, PNG Forest Products has long been an industry leader in Engineered Wood Products across the South Pacific, Australasia, and South East Asia. Their extensive range of products and services for the domestic and export markets includes pressure-treated pine timber and plywood; kit homes and prefabri...
By Robina Hapo In a market long dominated by major oil companies, one local aviation fuels and lubricants supplier is carving out a bold new path, expanding across PNG’s aviation network and positioning itself to compete for major mining contracts by securing diesel fuel supply. After years of strategic groundwork, the Pacific Energy company is now ent...
By Robina Hapo For more than two decades, Golden Shipping has quietly but steadily positioned itself as a vital player in Papua New Guinea’s maritime logistics sector. Established in 2001 as the shipping division of a larger group, the company initially serviced its own logging camps. Today, under new leadership and with an ambitious forward strategy, ...
The Papua New Guinea Tourism Promotion Authority (TPA) has officially sworn in its new Board members during a ceremony at Kwalimu Haus in Port Moresby, marking a key step in strengthening governance and oversight across the nation’s tourism sector. The appointments complete TPA’s legal requirements under the TPA Act 1993, ensuring the Authority operate...
The Autonomous Bougainville Government (ABG) and the Government of Papua New Guinea’s Department of Information and Communication Technology (DICT) on 27 November formally signed a Memorandum of Understanding (MoU) to advance digital development in Bougainville. The signing took place at the conclusion of the four-day Digital Transformation Summit host...
BSP Financial Group Limited has reaffirmed its commitment to ongoing digital transformation, expanding its product offerings to make banking simpler, faster, and more secure for its customers. BSP Retail General Manager Ronesh Dayal, while addressing the Digital Summit in Port Moresby this week, said BSP is progressing from foundational digital advance...
Tucked away between the Port Moresby CBD and Motukea Internation Wharf is the former Red Sea Lodge site, now called Green Hills Accommodation Village While known for hosting corporate guests on short-term assignments, part of the property’s true distinction lies in its high-capacity catering operation, which prides itself on being one of the most profe...
Twinza Oil Limited has secured a clear path forward for the Pasca A gas project after its major shareholders and senior lenders agreed to a consensual restructuring, providing certainty for ongoing funding and future development. The company confirmed that its Senior Lenders, Convertible Redeemable Preference Shareholders (CRPS), and major shareholders...
The Papua New Guinea Tourism Promotion Authority (PNGTPA) has officially launched the National Tourism Policy 2025–2045, establishing a 20-year roadmap to develop a resilient tourism sector that promotes sustainable and inclusive economic growth while safeguarding the country’s cultural and natural heritage. The policy was developed with support from the ...
The Remington Group announced the official launch of Remington Hi-Tek, its dedicated technology retail brand, marking a major step forward in making world-class tech accessible, affordable, and supported locally in Papua New Guinea. The flagship Remington Hi-Tek showroom has officially opened in Port Moresby, offering a wide range of smartphones, lapt...
By Robina Hapo For 31 years, a locally owned company has quietly reshaped Papua New Guinea’s uniform and safety wear industry, growing from a small embroidery shop into the country’s largest and most advanced one-stop production facility. Formerly known as PNG Embroidery, the company now operates as Pacific Safety Wear Limited—a name that better reflec...
Papua New Guinea will launch a new investment platform with the inaugural PNG Infrastructure Investment Summit on 11 December 2025 in Sydney. The event is designed to attract institutional investors, infrastructure financiers and regional partners, showcasing major opportunities in telecommunications, transport, energy and defence-related infrastructure. ...
The Autonomous Bougainville Government (ABG) has signed a Memorandum of Understanding with Lloyds Metals & Energy Ltd. (LMEL), creating a formal platform for consultation on major development priorities across the region. President Ishmael Toroama described the agreement as an important milestone, saying the framework will enable Bougainville to ex...
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