The New Ireland Provincial Government has committed K1.5 million to support women entrepreneurs and expand financial inclusion across the province through a new partnership with Women's Micro Bank Limited under the Empowering Mama Bilas Peles Program. The funding commitment was announced by New Ireland Governor Byron Chan during the program's official ...

New Ireland Governor Byron Chan is pursuing international education partnerships aimed at strengthening the province's public sector workforce, a move viewed as central to efforts to improve governance, attract investment and prepare the province for greater autonomy and economic self-reliance. Chan traveled to the Philippines in the second week of Jun...

The Department of Prime Minister and National Executive Council (DPMNEC) has officially launched its Electronic Funds Transfer (EFT) Payment System as part of the government's efforts to modernise public-sector financial management, improve efficiency and strengthen accountability. The announcement was made by Chief Secretary to Government Ivan Pomaleu...

France has strengthened its support for Papua New Guinea's green economy with a EUR15 million (approximately K75 million) commitment aimed at expanding green lending for small and medium-sized enterprises (SMEs), renewable energy projects, sustainable agriculture and other environmentally responsible investments. The commitment was formalised on May 27...

Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia called for urgent action to translate green finance policies into investment, warning that climate change is already affecting communities across Papua New Guinea. Speaking at the opening of the 2026 Green Finance Summit in Port Moresby on May 27, Genia said the country must move beyond discussio...

Hiri-Koiari MP Keith Iduhu has called for changes to the governance structure of the PNG LNG project's Kroton Equity Option (KEO), arguing that landowners hosting the project's liquefaction plant have been excluded from decision-making despite their contribution to Papua New Guinea's largest resource development. Speaking in Parliament on 3 June 2026, ...

In Papua New Guinea, one of Port Moresby’s most iconic dining destinations has been given a new lease on life, with Crown Hotel officially relaunching Rapala Restaurant, offering an elevated culinary experience that combines premium international cuisine, stunning harbour views combining local flavours and world-class hospitality. Located within  Crown...

Papua New Guinea is preparing to enter a new frontier in offshore petroleum exploration, with the country's first ultra-deepwater exploration well scheduled to be drilled within the next two months offshore between Central and Milne Bay provinces. The Mailu-1 exploration well, jointly developed by TotalEnergies EP Kundu Limited and PETRONAS, is regarde...

Papua New Guinea and the European Union have reaffirmed their commitment to expanding trade, investment and sustainable development cooperation, with more than 300 participants from PNG and Europe gathering in Port Moresby for the 5th EU–PNG Business Forum. Held at the Hilton Port Moresby Hotel & Residences on June 2–3 under the theme “The EU Globa...

Papua New Guinea is poised to enter a new era of aviation innovation through strategic partnerships with global aviation technology leaders, aimed at modernising the country's air navigation and traffic management capabilities. NiuSky Pacific announced collaborations with Australia's Skykraft and Italy's ENAV Group that will focus on key areas includin...

France has reaffirmed its long-term economic, environmental and security commitment to the Pacific, outlining major investments and regional partnerships aimed at strengthening ocean governance, fisheries protection and the blue economy during the opening of the Melanesian Ocean Summit, held from May 11-14 in Port Moresby. Speaking at APEC Haus on May ...

The New Ireland Province in Papua New Guinea is pushing for increased equity participation, higher royalties and expanded development funding as negotiations continue over future benefits arrangements for the Simberi and Lihir mining projects. New Ireland Governor Byron Chan said on 22 May that the province is seeking stronger long-term economic return...

Papua New Guinea’s investment climate, grey listing status, and preparations for major resource and infrastructure projects were among the key issues discussed during a question-and-answer session at the Port Moresby Chamber of Commerce and Industry (POMCCI) breakfast meeting held on Wednesday, May 20, at the Royal Papua Yacht Club in Port Moresby. Res...

Senior economists highlight fuel subsidy risks, kina stability and growth opportunities at POMCCI breakfast meeting By Roselyn Erehe Questions surrounding the long-term sustainability of Papua New Guinea’s fuel stabilisation measures, the future direction of the kina, and the readiness of businesses to absorb rising costs dominated discussions durin...

Papua New Guinea’s economic outlook, investment opportunities and long-term development priorities took centre stage during a business breakfast session hosted at the Royal Papua Yacht Club in Port Moresby on Wednesday, May 20, where leading economists and private sector representatives discussed the country’s future through a “Five Ps” framework — Petrol...

Australia has announced a major new push to support Papua New Guinea’s telecommunications and digital infrastructure sector, with Australian Minister for Pacific Island Affairs Pat Conroy outlining plans aimed at accelerating economic growth, expanding business opportunities, and improving nationwide connectivity in PNG. Speaking at the 41st Australia ...