Austria has signalled a growing interest in strengthening economic ties with Papua New Guinea, focusing on high-value sectors such as green energy, forestry processing, and advanced technology. This was revealed during a meeting between Austria’s new Ambassador, Her Excellency Elisabeth Koegler, and PNG’s Minister for International Trade and Investment...

Port Moresby will soon be a key regional transit hub linking Asia and the Pacific following the recent inaugural flight of China Southern Airlines from the capital city of Papua New Guinea on 29th April 2025, government officials said. National Capital District Governor Hon. Powes Parkop welcomed the Marape-Rosso Government’s support for the launch of ...

The Pacific Tourism Organisation (SPTO), in collaboration with the Papua New Guinea Tourism Promotion Authority (PNGTPA), has released PNG’s first Business Confidence Index (BCI) report this month. This report offers valuable insights into the country’s business outlook and tourism sector recovery, providing a crucial tool for evidence-based policymaki...

St Barbara Limited (ASX: SBM) has announced the results of its Simberi Process Plant Layout and Design AACE Class 4 Study (“Plant Study”), which confirms the strong economic potential of its Simberi Expansion Project in Papua New Guinea. The update given on 30 April this year, after the plant study, also includes revised Mineral Resource and Ore Reserv...

Three legends in Papua New Guinea’s tourism industry were honoured with Lifetime Achievement Awards during the 2025 National Tourism Conference & Expo (NTC) Gala Dinner on April 10 at the Hilton Hotel in Port Moresby. The recipients included Bob Bates, Proprietor of Trans Niugini Tours; the late Sir Peter Barter, represented by his son Andrew Barte...

In a region where digital transformation is both a challenge and an opportunity, global payments leader Visa is actively working to bridge the financial gap through inclusive innovation. In the recent Innovation PNG Conference 2025 in Port Moresby, Visa Country Manager for New Zealand and the Pacific Islands Anthony Watson revealed an ambitious 2030 vi...

The Bank of Papua New Guinea (BPNG) has announced its new executive structure as part of its commitment to becoming a modern, digital, and trusted central bank under its recently developed “Vision 2050” strategy. The announcement follows a detailed and extensive strategy development process over the past two years. Since its establishment in 1973, the ...

The Department of Works and Highways has gone ahead to execute the Connect Papua New Guinea Project, reaffirming the Marape-Rosso government’s commitment to connect the country by main highways and to bring services and opportunities to the rural populace. Prime Minister Hon. James Marape emphasized that the new roads will serve as crucial links to mar...

Papua New Guinea and the Pacific Island countries and territories are on the frontline of climate and biodiversity loss impacts. “Your voices are decisive to push for higher climate ambition, adaptation solutions and also financial promises,” said Virginie Bleitrach, AFD’s Regional Director Pacific Ocean, during the inaugural Green Finance Summit 2025 ...

The former Minister for Mining, Hon. Wake Goi MP, recently issued his final announcement, marking the end of his tenure by confirming the processing of outstanding tenement license applications on April 25. A total of 38 license applications were approved, with only three applications rejected. The companies with approved licenses are major industry...

In the lush plains of Cape Rodney in the Abau District, within Papua New Guinea’s Central Province, more than a thousand rubber trees stand as silent witnesses to decades of agricultural ambition and, more recently, to a growing sense of abandonment. Once a hub of rural enterprise and a key player in the nation’s cash crop economy, the region’s rubber ...

The Kerowagi District in Papua New Guinea's Simbu Province recently launched the Kerowagi Rugby Football League (KRL) Commissioning as part of the government's efforts to empower youth and develop communities through sports. Member of Parliament Hon. Francis Kikin Siune, in an exclusive interview with PNG Business News, emphasized the district's motto,...

Cricket Papua New Guinea (CPNG) recently received support through a partnership between the Australian Defence Force (ADF), the Australian government PacificAus Sports program, and Cricket Australia (CA). Representatives from the ADF presented approximately 20 boxes of Cricket Australia merchandise to Cricket PNG in a handover ceremony held at Amini P...

The Cape Rodney Farmers & Settlers Association (CRFSA) in Abau District, Central Province is leading Papua New Guinea’s rubber production push with an ambitious development plan. The group announced a 10-year plan to cultivate 100 million rubber trees across the country, potentially turning thousands of hectares of arable land into productive rubbe...

Port Moresby buzzed with cultural displays and insightful discussions as Papua New Guinea inaugurated its National Tourism Conference and EXPO on April 9, marking 50 years of showcasing the nation to the world and heralding a new era of sustainable and inclusive tourism. Under the theme "Indigenizing Culture, Modernizing Infrastructure, and Promoting P...

In recognition of World Tuberculosis (TB) Day, Businesses for Health Papua New Guinea (B4H) visited Cricket Papua New Guinea (CPNG) for an informative, interactive session and fielded lots of questions dedicated to the National Men’s and Women’s Cricket Teams and the Cricket PNG Staff. In a different kind of training session for the Baramundis, Lewas a...