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The National Superannuation Fund (Nasfund) provided on-site account services to hundreds of members during the 63rd Morobe Show, allowing workers to access essential superannuation services outside regular branch hours.
Nasfund transformed its show stall into a service hub over the two-day event, offering instant identification card printing, account detail updates, online registration, account merging, balance checks, housing advance enquiries and statement printing.
The initiative aimed to assist members working in areas such as the 4 Mile to 9 Mile corridor, who may find it difficult to v
Prime Minister James Marape has commended K92 Mining Limited for its latest tax instalment payment of K230.9 million to the Internal Revenue Commission, describing the company’s Kainantu Gold Mine in Eastern Highlands Province as an example of responsible and transparent mining operations.
Marape said the payment demonstrated the contribution a well-managed, mid-sized mining operation could make to government revenue, economic development and the welfare of Papua New Guineans.
He welcomed the company’s indication that its total tax contributions to the State were expected to exce
The Papua New Guinea Chamber of Resources and Energy (PNG CORE) has congratulated Kumul Petroleum Holdings Ltd (KPHL) on contributing more than K1 billion to the state in 2026, following the presentation of a K400 million interim dividend.
KPHL presented the dividend to the government on 20 October, bringing its total contribution for the year to K1 billion, providing additional revenue for the national budget.
PNG CORE executive director Richard Kassman said the payment reflected high global commodity prices and the management of the country's interests in petroleum projects, including
Papua New Guinea needs to develop new electricity generation projects to maximise the benefits of a K350 million upgrade to the Ramu Grid transmission network, according to Minister responsible for PNG Power Ltd. Richard Maru.
The 132-kilovolt Ramu Transmission System Reinforcement Project was commissioned at the Taraka Substation in Lae, Morobe Province, on Oct. 9, completing a major component of a K1.9 billion investment in the country’s transmission infrastructure.
Maru said the upgraded network would improve the system’s capacity to carry electricity, but its benefits would d
Papua New Guinea is pursuing fisheries reforms and strategic investments to expand domestic tuna processing, attract private investment and retain more economic value from its marine resources, Minister for Fisheries and Marine Resources Jelta Wong said.
In an exclusive interview with PNG Business News, Wong said the government was implementing reforms to strengthen local participation, increase export earnings and create jobs for Papua New Guineans.
The initiatives include the National Tuna Domestication Strategy, the StartFish Memorandum of Agreement (MOA), reforms to the Vessel Day Scheme
Telikom Ltd. has secured a K27.2 million grant from the Australian Infrastructure Financing Facility for the Pacific (AIFFP) to modernize its internal business systems and strengthen its capacity to deliver digital services across Papua New Guinea.
The grant agreement was signed at Telikom Rumana in Port Moresby on Monday, October 12, as the state-owned telecommunications provider advances its digital transformation program.
Telikom said the funding would support improvements to its business systems and operations, helping the company become more efficient and better equipped to meet custome
Papua New Guinea’s tourism industry could benefit from faster visa processing, secure digital identity verification and more accessible online bookings and payments as the government and technology partners explore ways to reduce barriers for international visitors and local tourism operators.
These opportunities were highlighted during a digital transformation session at the PNG Tourism Summit 2026 on Wednesday, October 14. The Department of Information and Communication Technology (DICT) and digital payments provider NuiPay outlined how technology could improve access to tourism servi
Editor’s Note: In this issue, Michael McWalter, former Director of the Petroleum Division and Adviser to the Government of Papua New Guinea, and erstwhile petroleum adviser to the Governments of Ghana, Liberia, Cambodia, Sao Tome, and South Sudan writes about Liquefied Natural Gas. He is a certified petroleum geologist, and technical specialist in upstream petroleum industry regulation, administration, and institutional development. 

Natural Gas 

Many people in Papua New Guinea will have heard of LNG, but how many of us know exactly what it is?&nbs
Hastings Deering PNG showcased its long-standing commitment to Papua New Guinea's resources sector at this year's event, while highlighting the important role skills development and local capability continue to play in supporting the nation's growth.

A key highlight for Hastings Deering PNG was an exclusive visit from Prime Minister James Marape ahead of the official opening of the exhibition.

During his tour, Prime Minister Marape visited the Hastings Deering PNG stand. Accompanied by government ministers, industry representatives and members of the m
Harmony’s Hidden Valley mine, in partnership with Angau Memorial Hospital and the PNG Cancer Relief Society, has screened 154 people during a month-long breast cancer awareness campaign across host communities in Papua New Guinea.
The Pinktober programme screened 147 women and seven men, with eight cases referred for further assessment and specialist breast screening at the National Cancer Services Clinic at Angau Memorial Hospital.
More than 500 community members attended awareness sessions held at seven sites and surrounding communities throughout October, according to Harmony.
The