PNG's education sector now offers more opportunities for students to pursue affordable, high-quality tertiary education in their own country with the official opening of the Philippines Christian University (PCU) Papua New Guinea Campus. This University is part of a broader vision of the founder and Director of Waigani Christian College and member for ...

The Special Economic Zone (SEZ) of the Konebada Industrial Park project is underway with the establishment of a fabrication and training facility known as the Central Industrial Center, Portion 152. This project is spearheaded by Kumul Petroleum Limited (KPL) and is expected to create thousands of jobs and significantly boost the country’s manufacturin...

The Port Moresby Chamber of Commerce and Industry (POMCCI) and Business Advantage International recently hosted the “Women in Tech Business Breakfast,” part of the lead-up to Innovation PNG 2025. The event showcased a distinguished panel of women excelling in the fields of finance, software development, aviation, and digital transformation.  The eve...

Papua New Guinea’s economy is set to continue its strong recovery in 2025, fueled by robust resource exports, a record trade surplus, and solid government spending, according to the latest PNG Westpac Wailis, a quarterly economic update providing in-depth insights into the country’s economy. However, economic challenges remain, including persistent inf...

Papua New Guinea experienced a remarkable year for gold production in 2024, with exports soaring by 14.8% during the first three quarters compared to the same period in 2023. These is according to the latest PNG Westpac Wailis Economic for February 2025 Report. Based on the report, PNG exported 34,200 tonnes of gold, with the export value increasing by...

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...