Papua New Guinea faces imminent placement on the Financial Action Task Force (FATF) “Grey List” by 2026, a move that Bank of Papua New Guinea Governor Elizabeth Genia says will have serious implications for investment, trade and the cost of doing business. Speaking at the Port Moresby Chamber of Commerce and Industry (POMCCI) Breakfast Meeting on 6 Aug...

As Papua New Guinea celebrates its 50th year of independence, the milestone underscores the urgent need for continued investment in infrastructure, institutions and human resources to secure the nation’s future. For provincial education projects, this progress must be paired with a firm commitment to safety, security, skilled personnel and sustained fundi...

“We in the Pacific are more than neighbours, we are a family of nations, genetically intertwined through shared ancestry, culture and history. Our roots are deep in the ocean, but our vision must now reach the digital horizon,” declared Acting Minister for Information and Communications Technology and Minister for Police Peter Tsiamalili Jr., as he reaffi...

Pacific Lime and Cement (PLC), formerly Mayur Resources Limited, has approved the Final Investment Decision (FID) for its flagship Central Cement and Lime (CCL) Project at Kido Island in Central Province — paving the way for construction to begin on a nation-building venture expected to cut Papua New Guinea’s reliance on imported construction materials. ...

The Community Affairs and National Content Conference and Exhibition (CANCONEX) has again affirmed its role as a key pillar in Papua New Guinea’s pursuit of inclusive and sustainable development—transforming dialogue into commitment and commitment into national action shaped by the resources sector. In his closing address at CANCONEX 2025, held at APEC...

Papua New Guinea’s Minister for Petroleum, Jimmy Maladina, has unveiled sweeping legal and institutional reforms to modernise the country’s petroleum sector, with the formal introduction of a Production Sharing Act (PSA) that will serve as the legal and fiscal foundation for all new petroleum projects. The announcement was made during the PNG Petroleum...

The MAPEX Training Institute (MTI), a 100% nationally owned and privately registered higher education provider, has announced an ambitious five-year plan to transition into Papua New Guinea’s first nationally owned private university. In an exclusive interview with PNG Business News during MTI’s 20th anniversary celebration on 16 July, MTI Chairman Dr....

In a sector once dominated by foreign providers, the establishment of nationally owned Niugini Assurance Group Limited (NAGL) in 2019 reflects PNG’s economic maturity. NAGL is rewriting the script with locally driven leadership, tailored insurance solutions and a commitment to protect what matters most — the people. NAGL is a response to the call for f...

The Total Waste Management Group Ltd (TWM) has broken ground on Papua New Guinea’s first Resource Recovery Centre (RRC), a milestone in the country’s shift towards sustainable waste management. The groundbreaking ceremony was held on 16 June at TWM’s Integrated Waste Management Facility in Roku, Central Province, and marks a first-of-its-kind initiative i...

Among the many voices advocating economic progress and regional cooperation at the 40th Australia–Papua New Guinea Business Forum and Trade Expo this year, Dr Ann Clarke and her team from the Businesses for Health: TB & HIV Project (B4H) used their platform to speak out on the ongoing public health crises of tuberculosis (TB) and HIV in Papua New Guin...

Papua New Guinea Resources Week celebrated the country’s legacy, progress, and future in the resource sector. Hosted by the PNG Chamber of Resources and Energy (PNGCORE), the event brought together more than 1,000 delegates from government, industry, and communities. The week-long program began with the Community Affairs and National Content Conference...

As cyber threats continue to evolve in complexity and frequency, the imperative for robust information security across both government and private sectors in Papua New Guinea has never been more urgent. In a recent interview with PNG Business News, Robert de Haan, founder and chief executive officer of Cypro Pty Ltd, outlined the growing need for proac...

PORT MORESBY — In a landmark move for cultural preservation, the Gulf Provincial Government has become the first in Papua New Guinea to financially align with the National Cultural Commission (NCC), reinforcing a shared commitment to protect and promote the nation’s diverse traditional heritage. On 4 July 2025, at the NCC head office in Port Moresby, G...

TOARE, Gulf Province — The Toare Mask Festival has been successfully revived through a collaboration between TotalEnergies, the National Cultural Commission (NCC), and the Gulf Provincial Government. The two-day cultural event, held on 12-13 July, marked the 20th anniversary of the festival and the official opening of the Toare Cultural Centre. First e...

PORT MORESBY — The Papua New Guinea Resources Golden Exhibition has entered its third week at APEC Haus, with more than 30 exhibitors from the country’s mining, petroleum and energy sectors showcasing their contributions to PNG’s development. Among the exhibiting companies are Ok Tedi Mining Limited, K92 Mining Limited, Hidden Valley Mine, Simberi (St ...

The European Union Ambassador to Papua New Guinea Jacques Fradin reaffirmed the EU’s long-term commitment to PNG, emphasising innovation, climate action and deepening trade and development partnerships under a transformative “global gateway” approach. The European Union (EU) has been a long-standing partner of PNG since independence, strengthening ties...