After a rebound in economic growth in 2024 at 4.3% driven by both resource and non-resource sectors, Papua New Guinea’s (PNG) economy is forecast to grow by 4.2% in 2025 and moderate further to 3.8% in 2026 amid development challenges and rising geoeconomic risks, says the Asian Development Outlook (ADO) April 2025. Power blackouts, security challenges...

Prime Minister Hon. James Marape, while launching the inaugural PNG National Tourism Conference and Expo recently at the Hilton Hotel, highlighted that tourism, along with agriculture and fisheries, holds the greatest potential to significantly transform PNG’s economy and foster inclusive development across communities. Prime Minister Marape said given...

Economic growth in the Pacific is projected to moderate to 3.9% in 2025 and 3.6% in 2026, according to the Asian Development Outlook (ADO) April 2025, the Asian Development Bank's (ADB) flagship economic publication, released today. The outlook reflects anticipated easing in tourism, a key growth driver in many economies in the subregion, and muted petrol...

Prime Minister Hon. James Marape has reaffirmed his government’s commitment to energy reform, economic transformation, and responsible leadership as Papua New Guinea approaches its 50th year of independence. The Prime Minister was speaking at the National Power Sector Forum, jointly hosted by the Government of Papua New Guinea and the Asian Development...

Prime Minister Hon. James Marape has issued a powerful call to action for Papua New Guinea to transform its agriculture sector through unified public-private partnerships, during the official opening of the National Agriculture Industry Public–Private Sector Partnership Conference in Lae. The five-day conference, which ran from 7–11 April 2025, brought...

Prime Minister Hon. James Marape has reaffirmed agriculture as the cornerstone of Papua New Guinea’s future economic growth, urging all stakeholders to rally behind a united national effort to unlock the full potential of the agriculture sector. Delivering the keynote address at the closing of the National Agriculture Industry Public-Private Sector Par...

Westpac is pleased to announce the appointment of Andrew Cairns as its new Chief Executive for Papua New Guinea, effective immediately. Andrew brings extensive leadership experience across banking, social finance, telecommunications, and corporate social responsibility. Having worked in Australia, the South Pacific, Asia, and the USA, he has a proven t...

Ok Tedi Mining Limited’s (OTML) Managing Director & Chief Executive Officer (CEO), Kedi Ilimbit, has congratulated The North Fly District Development Authority (NFDDA) and the PNG Sustainable Development Program (SDP) on the successful opening of the new Kiunga Airport Terminal. Mr Ilimbit made the comments following the opening of the terminal and...

Petroleum Minister, Hon. Jimmy Maladina has invited China State Construction Engineering Corporation to look at the petroleum industry as a choice of investment saying Papua New Guinea has a lot of potential. Minister Maladina told Mr. Wen Bing, the President of Chinese construction giant, the China State Construction Engineering Corporation (China Sta...

Compliance to policies, mining laws and upholding ethical values have been the corner-stone of the Mineral Resources Authority’s (MRA) delivery of regulatory services to the country’s mining industry and government, said the MRA’s Managing Director Jerry Garry. Mr Garry was speaking during the hand-over, take-over ceremony of the Mining Ministry betwee...

The country’s total mineral export revenue in 2024 was K19 billion said Mineral Resources Managing Director Jerry Garry. It is expected that this year, total export revenue will be K30 billion, subject to gold price, low exchange rates, and attainment of full production in Porgera Mine. Mr Garry made these announcements during a hand-over, take-over...

The Minister for International Trade and Investment, Hon. Richard Maru, officially discharged the Papua New Guinea (PNG) team to the World Expo 2025 in Osaka, Japan which will be held from April 13 to October 13, 2025. “The Commissioner General of Section PNG, Ambassador Gabriel Dusava and his core team will depart this weekend, and in the coming weeks...

The Minister for International Trade and Investment, Hon. Richard Maru, after his visit to Finschhafen in Morobe Province today says he is impressed with the proposed Finschhafen Integrated Special Economic Zone (SEZ). Minister Maru visited the proposed hydro sites and the locations for the proposed limestone mining project and cement production, and t...

Mayur Resources Limited is pleased to provide an update on the construction progress at the Central Lime Project (CLP), located in Papua New Guinea. Development activities continue, with significant milestones achieved in wharf construction, site preparation, and early infrastructure works. The Company continues to de-risk the Project through strategic...

The Papua New Guinea Chamber of Resources and Energy (PNG CORE) provides further details on its Climate Change Policy initiative to address the challenges and opportunities of climate change in Papua New Guinea (PNG). This policy aligns with the International Standard for Sustainable Development and emphasises PNG CORE’s commitment to collaboration and...

Kumul Petroleum Holdings Limited (KPHL), Papua New Guinea’s national petroleum and energy company, has successfully completed its seismic acquisition campaign across the Kimu and Barikewa petroleum retention licences, where it acts as operator. KPHL Managing Director Wapu Sonk confirmed the milestone, stating: “On Wednesday, 26th March, we complet...

Prime Minister Hon. James Marape officially opened the newly redeveloped Kiunga Airport terminal in North Fly District of Western Province, marking a significant milestone in Papua New Guinea’s national infrastructure agenda and reaffirming the Government’s commitment to connecting remote communities through transformative public investments. The occas...

Prime Minister Hon.James Marape has announced that a comprehensive review of the Ok Tedi Mine operations will be conducted before June 2025, reaffirming his government’s commitment to ensuring fair and sustainable benefits for the people of Western Province. Speaking at the launch of the Kiunga Airport terminal redevelopment, Prime Minister Marape said...

Prime Minister Hon. James Marape has acknowledged the recent decision by the United States to impose a 10 percent tariff on all Papua New Guinean exports into the American market. Prime Minister Marape said that the Government had been formally briefed by the Department of Foreign Affairs and recognises that the tariff imposition is a decision made und...

You will never know the adventure, beauty and unique experience PNG truly has until you, travel with confidence, with Trans Nuigini Tours. As Papua New Guinea’s leading inbound tour operator, Trans Niugini Tours has been offering world-class travel experiences for over 38 years. With a reputation for excellence, the company not only manages award-wi...

Green Hills Accommodation Village is your ideal destination, located just 5 minutes from Motukea Wharf and 8 minutes from the Port Moresby CBD. Designed to cater to business travelers, corporate groups and individuals, Green Hills offers an all-inclusive stay with no extra charges for daily meals and laundry, plus a full range of services, all in one conv...

NiuDeck from PNG Forest Products is a cost-effective heavy plywood decking system, purpose designed and engineered for re-decking traditional timber and steel bridges for road, wharf and rail applications. With a treatment warranty of 50+ years, NiuDeck requires little maintenance due to PNGFP’s unique veneer preservation treatment, which ensures compl...

PNG Ports Corporation, the owner of 15 of PNG’s ports including the international terminals of Port Moresby and Lae, is pleased to announce the appointment of Deborah Onga as Chief Commercial Officer, effective 1 April 2025. Onga will head the Commercial Division with some of her core responsibilities being further commercialisation of Ports assets, th...

Nominations are now open for the prestigious Westpac Outstanding Women (WOW) Awards, Papua New Guinea’s leading platform for celebrating the remarkable contributions of women across various sectors. Returning after five years, the WOW Awards continue to honour women who are leading change in business, leadership, sustainability, and the creative indust...