Global coffee and cocoa prices have soared to record levels, driven by severe supply disruptions and adverse weather conditions in key producing regions, according to the latest Papua New Guinea Westpac Wallis, February 2025 Report. Coffee prices jumped 94% over the past year, with a 13.6% increase in the last month alone. Meanwhile, cocoa prices are 133%...

The Minister for International Trade and Investment, Hon. Richard Maru, announced the acquisition of majority shares in the Sepik Fresh Poultry Farm by the Australian company Taylor Pacific. The investment, worth K30 million, marks an important expansion in Papua New Guinea’s poultry industry and strengthens the country’s goal of achieving self-suffici...

Papua New Guinea is set to showcase its trade and investment potential, cultural heritage, and tourism opportunities at the Osaka World Expo 2025, which will take place in Kansai, Japan, from April 13 to October 13, 2025. The Minister for International Trade and Investment, Hon. Richard Maru, announced this on February 28th in Port Moresby, emphasizing...

South Pacific International Academy (SPIA) has achieved great results in its first-ever Grade 8 national exams, with nearly half of its students earning Academic Excellence scores, the school said in a statement. Out of the 17 students who sat for the exams, SPIA said eight were recognized for Academic Excellence, while the remaining students performed...

Minister for Tourism, Arts, and Culture, Hon. Belden Namah, has launched the inaugural Papua New Guinea National Tourism Conference 2025, unveiling an ambitious vision to strengthen the country’s tourism industry through strategic investment, sustainability, and global promotion. The Conference is scheduled from April 9 to 10, 2025, at APEC Haus in Por...

A special audit into Papua New Guinea’s largest infrastructure initiative, the Connect PNG Programme, will commence in March following the signing of an agreement between the government and two independent firms. The agreement was signed on February 25 by Acting Chief Secretary to Government Ivan Pomaleu, Deloitte Touche Tohmatsu, and Norths Projects L...

Papua New Guinea's mining sector is set for significant advancement as Mayur Resources Limited recently secured a substantial capital injection to propel the Central Lime Project (CLP) forward. The latest AU$100 million (PGK 250 million) equity raise by Mayur signals strong investor confidence and underscores the Marape-Rosso Government’s vision for va...

The Minister for Mining Hon. Wake Goi on February 25 officially launched the Mining Bill 2025 for public consultation in Port Moresby at a formal event attended by members of parliament, government officials, industry stakeholders, landowner representatives, and the media. Minister Goi emphasized the bill’s importance, calling it a “historic milestone”...

The team leading the investigation into East New Britain Palm Oil Limited (ENBPOL) submitted its final report on February 27 to the Minister for International Trade and Investment, Hon. Richard Maru, in Port Moresby, the ministry said in a statement. The Deputy Chairman of the Investigation Team, Mr. Tony Waisi, handed over the report, marking the comp...

Education is a key factor in breaking the cycle of poverty, leading to a stronger workforce and economic development in the long term, the Member for Kerowagi District, Hon. Francis Kikin Siune, said. MP Siune said this on February 12 in unveiling a major education assistance initiative under the District Development Authority (DDA), committing K3.7 mi...

K92 Mining Inc. has announced the latest results from its ongoing maiden surface diamond drill program at the Arakompa prospect in Papua New Guinea. In a statement, the company said the drilling confirmed two significant high-grade gold veins, AR1 and AR2, along with extensions of a bulk tonnage zone, reinforcing the area’s potential for both undergrou...

As Papua New Guinea approaches its 50th anniversary of Independence, the future development of the Kokoda Trail remains a hotly debated issue. At the center of the discussion is a government-backed initiative to construct 190 toilets along 95 campsites on the iconic trekking route. While the Papua New Guinea Tourism Promotion Authority (TPA) argues the...

Papua New Guinea has looked towards ambitious development goals with Vision 2050 aimed to transform the country with the construction industry playing a pivotal role. These include billions of kina invested annually in infrastructure across the country, thus the stakes are too high for business-as-usual for government agencies, private sector clients, ...

The long-standing dispute over the Kutubu Petroleum Development License 2 (PDL 2) benefit-sharing structure has reached a critical point, with landowners issuing a 14-day ultimatum to the national government to reinstate the original benefit-sharing arrangement. In response, the Minister for Petroleum, Hon. Jimmy Maladina, assured all parties that the ...

Huris, Manmantinut in New Ireland Province is the final resting place of Papua New Guinea’s last living founding father, the late Right Sir Julius Chan, who was buried on Thursday, February 7. Amid news of his passing, leaders from across the country expressed their admiration and gratitude for Sir Julius Chan’s immense contributions during the ‘Nation...

The Community Development Agreement (CDA) for the Central Cement and Lime (CCL) Project located in the Hiri-Koiari District of Central Province was initialed on February 6, in Port Moresby, the parties involved said in a statement. A CDA is a government process and is basically a mine-derived benefits package, negotiated between concerned parties in an...