Papua New Guinea’s capital, Port Moresby, took centre stage in regional urban development in March, hosting the 7th Pacific Urban Forum (PUF7) from March 24–26, 2026—marking the first time the high-level gathering has been held in the country. Convened by the National Capital District Commission (NCDC) in partnership with regional and international age...

Papua New Guinea’s public and private sectors paused on March 24 to mark National Women’s Day, with workplaces, institutions and communities across the country embracing the symbolic colour purple and reaffirming their commitment to advancing the rights and wellbeing of women. From corporate offices to government agencies, the day was observed through ...

Papua New Guinea’s business community is being called on to play a more active role in tackling tuberculosis (TB), as Businesses for Health (B4H) staged a high-impact public awareness installation in the capital, Port Moresby, to mark World TB Day on 24 March. At the busy Konedobu roundabout, thousands of commuters were met with a striking visual messa...

Papua New Guinea’s livestock industry must urgently adopt mechanised farming practices or face continued reliance on costly imported meat, according to Livestock Development Corporation Managing Director Terry G. Koim. Speaking in March at Taliabi, 14 Mile outside Port Moresby, during the presentation of three newly acquired state-of-the-art tractors, ...

The Government has secured significant structural and financial gains for Papua New Guinea following its review of the 2019 Papua LNG Agreement, Petroleum Minister Jimmy Maladina said, asserting that the outcomes firmly favour the State despite ongoing political criticism. Speaking on 19 March, Maladina said the review delivered “tangible outcomes in f...

 Westpac PNG recently hosted Westpac Group Senior Economist Justin Smirk in Papua New Guinea, where he shared insights on global and regional economic trends and their implications for PNG businesses and the broader economy. During the visit, Smirk engaged with senior business leaders and customers, providing an analytical overview of global economic c...

Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia has assured the business community that Papua New Guinea’s recent placement on the Financial Action Task Force (FATF) grey list does not mean the country is unsafe for investment or business operations. Governor Genia made the remarks during a BPNG business breakfast meeting held on Monday, March...

TISA Bank Limited, a homegrown 100% Papua New Guinean financial institution, has emerged as a modern, values-driven alternative in the commercial banking sector after receiving its banking licence in 2024 — the year of the country’s 50th anniversary of independence. In an exclusive interview with PNG Business News, TISA Group Chief Executive Officer Mr...

Papua New Guinea’s digital transformation and artificial intelligence (AI) agenda took centre stage as the government marked Safer Internet Day 2026 in February, with Acting Information and Communications Technology Minister Peter L. Tsiamalili Jr. reaffirming ICT and AI as critical drivers of economic growth and public sector reform. In a press statem...

Central Province has unveiled a K345 million (approximately US$93.2 million) 2026 budget aimed at accelerating rural economic growth, strengthening governance and improving financial independence, with significant allocations for security, infrastructure, skills development and local enterprise. The budget was formally presented to Treasurer Ian Ling-S...

A K120 million (approximately US$32.4 million) redevelopment of the National Fisheries College’s waterfront training facilities has entered the implementation phase, marking a major investment in Papua New Guinea’s fisheries value chain and long-term revenue diversification strategy. The National Fisheries Authority confirmed that the shorebase trainin...

Digitec PNG Financial Services Limited, trading as V-MONI; Omega Paymybills PNG Limited; and Lower OK Tedi Micro Bank Limited have officially received licence certificates from the Bank of Papua New Guinea (BPNG) on 27 February at Robert Haus in Port Moresby. Speaking at the licence presentation ceremony, BPNG Governor Elizabeth Genia described the dev...

National Capital District Governor Powes Parkop has urged the government to treat Papua New Guinea’s recent placement on the Financial Action Task Force (FATF) grey list as a catalyst for economic reform, calling for stronger import substitution policies and reduced reliance on unprocessed mineral exports. PNG was placed on the FATF list of Jurisdictio...

Papua New Guinea has been placed on the Financial Action Task Force’s list of Jurisdictions Under Increased Monitoring, commonly known as the “grey list”, following the FATF plenary in Mexico City on 13 February. The designation subjects PNG to enhanced monitoring by the global financial crime watchdog over weaknesses in its anti-money laundering, coun...

The Minister for Works and Highways, Peter Tsiamalili Jr, has called for stronger accountability, tighter financial management and engineering excellence as the Department of Works and Highways convened its 2025 final quarter budget review in Lae. The three-day review, held at the Lae International Hotel in Morobe Province on Tuesday, Feb. 17, aims to ...

As Papua New Guinea’s industrial and commercial sectors expand, the demand for reliable fuel storage and maintenance services has never been greater. Based in Port Moresby, Paul’s Tank Fuel Cleaning Services (PTFC Services) is positioning itself as a key local provider of specialised fuel and tank maintenance solutions, supporting industries where fuel in...