Bank South Pacific (BSP) said Papua New Guinea’s economy remains “reasonably resilient” but warned that rising global and domestic pressures could weigh on growth for the rest of 2026. The bank released its March quarter 2026 Economic and Market Pulse, highlighting increasing uncertainties, including widening fiscal deficits, inflation risks, questions...

The Japan International Cooperation Agency (JICA) has appointed Shirouzu Kenichi as chief representative of its Papua New Guinea office, effective 15 April, replacing Matsuoka Hideaki, who will depart the country on 19 April to return to the agency’s headquarters in Tokyo. Shirouzu has served as senior representative (deputy chief) since April 2025 and...

The Remington Group, through its business unit Remington Technology, has been appointed as Mimaki’s first locally based dealer in Papua New Guinea, improving access to world-class wide-format printing technology and local support across the country. Until now, customers in PNG have primarily been supported through Mimaki’s Australian dealer network, wh...

BSP Financial Group officially opened its newly upgraded full-service branch in Minj, marking a major step forward in expanding access to modern banking services in Papua New Guinea’s Highlands Region. The Minj opening signals more than just a physical expansion — it represents new opportunities for individuals, families and businesses across Jiwaka Pr...

The National Information and Communications Technology Authority (NICTA) and the Department of Information and Communications Technology (DICT) have signed a memorandum of agreement to strengthen coordination on key digital transformation initiatives in Papua New Guinea. The agreement sets out a formal framework for collaboration between the two agenci...

The Mineral Resources Development Company (MRDC) has announced a series of executive leadership appointments, including the historic naming of its first female chief risk officer, as the state-backed entity strengthens governance and organisational capacity. The appointments form part of a broader effort to reinforce the company’s leadership structure,...

Canadian miner K92 Mining Inc. reported first-quarter production of 46,743 ounces of gold equivalent from its Kainantu mine in Papua New Guinea, supported by strong grades and steady operational performance. Gold output reached 44,022 ounces, alongside 1.7 million pounds of copper and 38,845 ounces of silver. Quarterly sales totalled 44,854 ounces of g...

Nambawan Super Limited (NSL), the corporate trustee of Papua New Guinea’s largest superfund, today issued a statement reassuring its 245,504 members and the general public, while highlighting the broader economic implications of rising fuel costs on households and businesses across the country. The Independent Consumer and Competition Commission (ICCC)...

Tolu Minerals Limited has secured a A$23.75 million investment from Indonesian-listed firms PT Petrindo Jaya Kreasi Tbk and PT Petrosea Tbk, marking a significant step in advancing the Tolukuma gold project in Papua New Guinea. The investment will be made through the subscription of 14,615,385 new shares at A$1.625 each via a convertible note, subject ...

Great Pacific Gold has reported encouraging initial drill results from the Kavasuki target within its flagship Wild Dog project in Papua New Guinea, highlighting the potential scale of mineralisation along the Sinivit–Kavasuki corridor. The company said its first drill hole at Kavasuki intersected 58.9 metres grading 2.50 grams per tonne gold equivalen...

Frieda River Limited (FRL) has taken a major leap forward in communications capability through its partnership with TE (PNG) Ltd to roll out its newest satellite technology at the project site. The project site is situated in one of PNG’s most geographically challenging regions, where rugged mountains and vast river systems have long prevented the inst...

Across Papua New Guinea, demand for reliable infrastructure continues to expand. Government agencies, resource projects, health authorities, education providers and district administrations all face a shared challenge: delivering durable, cost-effective buildings in locations that are often remote, logistically complex and environmentally demanding. PN...

 Air Niugini recently convened its 2026 National Sales Leaders Conference in Port Moresby, gathering regional sales managers, supervisors and key stakeholders to align strategies for expansion and customer engagement. The two-day conference, held from March 19 to 20 at the Gateway Hotel, carried the theme “Transformation — Stepping Up,” and served as a...

Master planning has emerged as a central tool in addressing climate vulnerability and rapid urbanisation challenges across Pacific cities, according to discussions at the Seventh Pacific Urban Forum in Papua New Guinea. Delegates at the forum highlighted how Pacific urban centres are increasingly exposed to overlapping risks, including cyclones, floodi...

Westpac is making a significant investment in strengthening leadership capability across its Pacific businesses with the rollout of its best-in-class LEAD program in Papua New Guinea and Fiji this year, delivering training to 120 employees across the two markets. LEAD is Westpac Group’s flagship leadership development program focused on building future...

Great Pacific Gold Corp. has completed an upsized public offering raising approximately $20.02m, with proceeds earmarked to accelerate its gold-copper exploration portfolio in Papua New Guinea. The Vancouver-based company said it issued 42.6 million units priced at $0.47 each, generating gross proceeds of $20,022,000.  Each unit comprises one common sh...