The Papua New Guinea Investment Promotion Authority (IPA) is preparing to lead a high-level investment mission to Japan in November, in collaboration with the Pacific Islands Centre (PIC) in Tokyo and the PNG Embassy in Tokyo. Scheduled for 4 November 2025, the mission will feature an investment conference at the ANA International Hotel in Tokyo under ...

The 2025 Papua New Guinea Petroleum and Energy Conference (PEC), held from 8–9 October at The Stanley Hotel, marked the nation’s 50th Independence Anniversary under the theme “The Next 50,” a call to shape and reset the next chapter of PNG’s energy future for the coming decades. The two-day event brought together more than 100 organisations and partici...

Papua New Guinea’s petroleum sector remains ripe with opportunity despite recent slowdowns in exploration activity, according to David Manau, Secretary for the Department of Petroleum, who delivered a compelling presentation on 8 October at the 2025 Papua New Guinea Petroleum & Energy Conference (PEC) under the theme “Exploration Operations – Is There...

Papua New Guinea’s Petroleum Minister Jimmy Maladina has reaffirmed the Marape-Rosso Government’s commitment to reshape the country’s petroleum industry through a new fiscal and regulatory framework aimed at delivering fairer, more transparent and sustainable outcomes for the State and its people. Delivering the ministerial keynote address at the openi...

Papua New Guinea’s (PNG) coconut industry is set for a major transformation through a new partnership between the Marape-Rosso Government and Sri Lanka’s Jaindi Exports Pvt Limited, one of the world’s leading manufacturers of coconut-based food and beverage products. The partnership, announced during a two-day visit by Minister for International Trade ...

The Port Moresby Chamber of Commerce and Industry (POMCCI) hosted a Business Breakfast at the Lamana Hotel on Wednesday, 1 October 2025, featuring PricewaterhouseCoopers (PwC) Papua New Guinea Tax Partners Peter Burnie and Shanol Jokhan, who presented detailed insights on the New Income Tax Act 2025 and shared their professional expertise on the key chang...

Papua New Guinea Prime Minister James Marape delivered the country’s statement at the United Nations General Assembly (UNGA) 80th Session General Debate in New York, aligning his address with PNG’s 50th independence anniversary and 50 years of UN membership. He opened by highlighting the enduring strength of PNG’s Constitution, which he described as th...

BSP Financial Group Ltd. has launched a nationwide community investment program on Sept. 12 to celebrate Papua New Guinea’s 50th Independence anniversary, reaffirming its role as a partner in nation-building. The initiative, called “50for50 – Givim Bek,” was revealed during BSP’s annual PNG Flag Raising ceremony, observed across all its 80-plus branche...

Papua New Guinea’s leading waste management company, the TWM Group, has secured a major boost with a $10.2 million investment from the International Finance Corporation (IFC), paving the way for the Pacific’s first integrated waste management facility built to international standards. The investment, provided through a kina-denominated fixed-rate loan,...

The Bank of Papua New Guinea (BPNG) has reaffirmed its commitment to building an inclusive financial system, underscoring microfinance as a key driver of national development and economic empowerment. Deputy Governor of BPNG Jeffery Yabom delivered the message during his keynote address at the PNG Microfinance Diagnostic Validation Workshop on 3 Septem...

As Papua New Guinea (PNG) marks its 50th anniversary, the country’s petroleum sector has received a significant boost with the announcement that Sinopec will establish a subsidiary to undertake drilling and seismic work. The announcement was confirmed in Port Moresby on 24 September, when Minister for Petroleum Jimmy Maladina met with Xiao Yi, Deputy D...

The Farmers and Settlers Association (FSA) has urged the Marape-Rosso government to take bold action to reverse the decline in agricultural production and rural employment, stressing the need for fresh interventions to stimulate Papua New Guinea’s primary industries. In a statement issued to PNG Business News on 3 September, FSA President Wilson Thomps...

Coffee Minister William Bando officially opened the new state-of-the-art Homestate Coffee Factory at Tanam in Lae, Morobe Province, Papua New Guinea on 25 September 2025. The investment marks a milestone for Morobe’s coffee sector, creating opportunities for farmers who previously had to transport their produce to Goroka for processing. The opening of ...

Papua New Guinea’s 50th Independence Anniversary, celebrated from 14 to 19 September, brought the nation to the world stage as global leaders, regional partners and international dignitaries joined in commemorating the Golden Jubilee. From Independence Hill to the streets of Port Moresby, the celebrations on 15 and 16 September showcased the unity of “...

Papua New Guinea Prime Minister James Marape, alongside Governor-General Bob Dadae and Chief Justice Gibbs Salika, officially opened the new National and Supreme Court Complex at Waigani on 10 September, describing the K653 million project as a national investment in democracy and institutional stability. Positioning the development as a cornerstone fo...

Papua New Guinea has concluded its Second Special Economic Zone (SEZ) Summit, hailed as the country’s largest international investment gathering to date, drawing over 450 delegates, including more than 100 foreign investors from Asia and the Middle East. The three-day summit, held from 1–3 September at APEC Haus in Port Moresby, has been described by orga...