In a significant stride towards fostering gender equality and women's empowerment, City Pharmacy Limited (CPL) Group of Companies proudly announced its partnership with UN Women Papua New Guinea, committing to the Women Empowerment Principles (WEPs). This collaboration positions CPL among a distinguished cohort of global companies dedicated to advancin...

The European Union has taken a significant step towards fostering sustainable development in Papua New Guinea (PNG) with the launch of the 2024 (Neighborhood, Development, and International Cooperation Instrument) NDICI Civil Society Organizations and NDICI Human Rights program. This initiative invites both civil society organizations and international...

Papua New Guinea's Carbon Market Regulation Initiative promises significant benefits for local communities, as it negotiates for a 50- to 60-percent range of benefits from developers. Guided by the Climate Change Development Authority (CCDA) under the Paris Agreement Act, these regulations aim to address climate change issues while ensuring economic st...

One of the greatest challenges for the global community is to sustainably conserve our environment while attracting investors for resource development. A pivotal moment in this ongoing endeavor unfolded with the recent visit of National Executive Director of French Development Agency (AFD) Philippe Orliange, resulting in a high-level dialogue on the de...

This year’s Business Conditions Index indicates a positive path for growth, as revealed in the 2024 CEO Survey. Westpac Bank PNG Ltd Senior Economist Justin Smirk interpreted the results of the survey during the company’s recent sponsored breakfast at Stanley Hotel-Port Moresby on 20th March. The information offered clear insight into experiences in...

The Papua New Guinea Chamber of Resources and Energy (PNG CORE) recently hosted an Industrial Wind-Down Media Function, providing a pivotal networking platform for the resources sector. Held in Port Moresby on March 22nd, the event attracted nearly 100 attendees, comprising members, stakeholders, and media representatives, facilitating strategic collab...