The Ministry of International Trade and Investment will enter into a strategic partnership with the superannuation funds to raise capital for investment in Special Economic Zones and national transformational projects, including the planned acquisition of shares in Ramu Agri Industries. This was discussed in a meeting this morning between the Minister ...

The Minister for International Trade and Investment, Richard Maru, has welcomed the decision of Swedish company Epiroc to pursue a potential long-term investment in Papua New Guinea (PNG), with a particular focus on the mining sector, downstream processing, and developing and upskilling PNG’s engineering workforce. The Minister met with Epiroc’s Busine...

MiBank, PNG's largest microbank, is proud to announce a groundbreaking partnership with Digicel PNG Ltd, PNG’s leading telecommunications, ICT, and mobile financial service provider. The partnership between MiBank and Digicel Financial Services Limited (DFSL) marks the first-of-its-kind collaboration in PNG, enabling customers to transfer funds instant...

 PNGX Group and MUFG Pension & Market Services announced that they have reached agreement for PNGX Group to acquire PNG Registries from MUFG Corporate Markets, a division of MUFG Pension & Market Services. The transaction is subject to clearance by the ICCC. The proposed acquisition represents a significant milestone in the strategic developmen...

Prime Minister James Marape has outlined the Economic Transformation and Implementation Pillars of the PNG Reset@50 Roadmap, describing them as “the engine room of growth, jobs, and national productivity for the next 20 years.” The roadmap sets a vision for Papua New Guinea’s economic and social development through evidence-based governance, private se...

New Porgera Ltd. (NPL) has submitted its three-year Training and Employment Plan to the Papua New Guinea National Training Council (NTC) at the Department of Labour and Industrial Relations. The 2026–28 plan, presented to NTC Director Kinsella Geoffrey on 26 November 2025, outlines NPL’s initiatives to strengthen workforce development through targeted ...

Pacific Lime and Cement Limited has entered a strategic national partnership with PowerChina PNG Limited (PowerChina) to advance the Orokolo Bay Industrial (Magnetite) Sands Project (OBP) in Papua New Guinea’s Gulf Province. PowerChina has joined PLC’s wholly owned subsidiary, Mayur Iron PNG Limited, as the project’s development partner. The collaborat...

Prime Minister James Marape 29 November congratulated the Mineral Resources Development Company (MRDC) on its 50-year anniversary, describing the company as a “powerhouse” that “reflects the Papua New Guinean story of resilience and can-do attitude.” Speaking at a packed and well-decorated grand hall of the Hilton Hotel – one of MRDC’s investments in h...

 The Papua New Guinea Extractive Industries Transparency Initiative (PNG EITI) National Secretariat has signed a Memorandum of Understanding (MOU) with the Office of the Auditor-General (AGO) to strengthen collaboration among government reporting agencies and enhance the quality of data in EITI reports. The MOU was signed on 28 November 2025 in Port Mo...

Pacific Lime and Cement Limited has provided an update on construction progress at its Central Lime Project (CLP) in Papua New Guinea, reporting that activities remain on schedule and within budget. Construction continues to gain momentum across earthworks, wharf construction, access infrastructure, and early-stage processing facilities. Key highlig...

PacSuper has announced the launch of I-WE Supa, a voluntary retirement savings pathway championed and driven by PNG Indigenous Women Enterprises Connect (PNG IWEC) to support women across Papua New Guinea. The initiative was developed in direct response to the financial exclusion experienced by women in the informal economy, including market vendors, c...

There is significant potential for Papua New Guinea (PNG) and New Zealand (NZ) to deepen their trade and investment relationship, Minister for International Trade and Investment Richard Maru said, addressing a delegation from the New Zealand-PNG Business Council. “In terms of trade, PNG’s exports to NZ are valued at US$15 million, while NZ’s exports of...

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...