The Bank of Papua New Guinea (BPNG) officially announced on 2 February the appointment of Sir Robert Igara, KBE, CMG, as chairman of its Board of Directors, effective December 23, 2025. BPNG Governor Elizabeth Genia welcomed the appointment in a statement, describing Sir Robert’s experience and leadership as significant assets to the institution. “W...

Port Moresby’s long-term transformation agenda has received high-level endorsement, with Papua New Guinea’s Governor-General, Sir Bob Dadae, backing the Amazing Port Moresby Vision 2030 as a national priority — reinforcing the capital’s strategic role as the “Gateway to PNG.” National Capital District Governor Powes Parkop confirmed the endorsement fol...

The Investment Promotion Authority (IPA), in collaboration with the Business Council of Papua New Guinea (BCPNG) and the PNG Diaspora Business Council of Australia (PNGDBCA), has welcomed a three-day visit to Papua New Guinea by a 35-member PNG-Australia Diaspora Trade and Investment Delegation. The delegation, comprising Papua New Guinean professional...

The National Cultural Commission has played a growing role in strengthening Papua New Guinea’s future workforce since launching its internship programme in 2022, as it farewelled seven University of Papua New Guinea students who have successfully completed internships and short-term professional attachments. The farewell was held on 6 February at the N...

Petroleum projects in Papua New Guinea have recorded encouraging progress, with Petroleum Minister Jimmy Maladina welcoming significant advances on the APF Tie-In Project, citing major regulatory approvals and community agreements as critical milestones toward full project sanction. Speaking from Singapore on behalf of the national government, Maladina...

The Bank of Papua New Guinea (BPNG) has officially launched a new K100 banknote into circulation, honouring the legacy of one of the nation’s most influential leaders, the Late Sir Julius Chan, marking one year since his passing. Speaking at the national launch 27 on January at the Stanley Hotel in Port Moresby, BPNG Governor Elizabeth Genia said the n...

The Port Moresby Chamber of Commerce and Industry (POMCCI) has highlighted the critical role of industry-led reform in strengthening technical and vocational education and training (TVET) outcomes, as businesses across Papua New Guinea continue to grapple with skills shortages and rising workforce costs. POMCCI and its members convened on 28 January fo...

The Department of Works and Highways (DWOH) has taken a major step towards modernising Papua New Guinea’s transport infrastructure with the launch of a consultancy to develop the country’s first legal and institutional framework for a railway network. A pre-start meeting for the consultancy contract was held on 5 December, marking the commencement of p...

The establishment of the Gobo Girls School of Excellence in Jimi District, Jiwaka Province, Papua New Guinea, is emerging not only as a landmark education project but also as a catalyst for local business growth, employment creation, and rural economic participation. “From the beginning, the school was designed to benefit the local economy, not just th...

Papua New Guinea’s newly appointed Minister for the Department of Works and Highways, Peter Tsiamalili Jr, has called for integrity, accountability and uncompromising quality in the delivery of national infrastructure, as he formally assumed office following the passing of former Minister Hon. Solan Mirisim, MP. Minister Tsiamalili was officially welco...

Papua New Guinea has taken a decisive step toward reshaping its land governance framework, placing customary land reform at the centre of the country’s human rights, economic development and sustainability agenda. Chairperson of the Special Parliamentary Committee on Customary Land and Land Reforms, Keith Iduhu, underscored the urgency of protecting cu...

The Bank of Papua New Guinea’s Monetary Policy Committee (MPC) has maintained the Kina Facility Rate (KFR) at 5.0 percent following its final meeting for 2025, signalling continuity in monetary policy settings amid moderating global growth and evolving domestic economic conditions. The decision was announced on 2 December 2025 after the Committee met t...

Prime Minister James Marape has launched Papua New Guinea’s National Fisheries Authority (NFA) Monitoring, Control and Surveillance (MCS) Command Centre in Daru, describing the facility as a critical step in protecting national sovereignty, securing marine wealth and strengthening the fisheries sector as a major pillar of the country’s future economic ind...

Comrade Trustee Services Limited (CTSL), the superannuation fund serving members of the Papua New Guinea Defence Force (PNGDF), has strengthened its governance framework and long-term strategic positioning with the appointment of Mr Chetan Chopra as Chairman of the Board. The appointment of Chopra was formally announced during a CTSL press conference h...

New PNG Defence Force facilities strengthen capability, drive workforce development By Roselyn Erehe The completion of the refurbished Garrison Engineer Compound at Murray Barracks in Port Moresby marks a strategic infrastructure investment that strengthens the operational capability of the Papua New Guinea Defence Force while delivering broader eco...

The Business Coalition for Women (BCFW) has positioned Papua New Guinea’s private sector at the centre of regional discussions on workplace safety and gender equality, following the presentation of its Poroman Walkabout Wantaim (Men as Allies) programme at the Australasian Aid Conference in Canberra. The programme was featured during a panel discussion...