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The Minister for International Trade and Investment, Hon. Richard Maru, yesterday, opened the Consultation Workshop organized by the Department of International Trade and Investment and the National Trade Office on the total review of the full impact of the new U.S tariff increases. Minister Maru told the participants from both Government and the priva...

The 2025 Fiji-PNG Business Mission marked a major milestone in bilateral trade and investment cooperation between Fiji and Papua New Guinea. Hosted by Investment Fiji in March 2025, the mission was led by Fiji’s Deputy Prime Minister and Minister for Trade, Manoa Kamikamica, and focused on deepening economic engagement with one of Fiji’s largest trading p...

The Asian Development Bank (ADB) has reaffirmed its strong commitment to Papua New Guinea’s development, praising the Marape-Rosso Government for its sound macroeconomic reforms and announcing a significant scaling up of investments in transport, energy, education, health, and agriculture. Speaking during the PNG and World Economic Update, a high-level...

Prime Minister Hon. James Marape has led a ground-breaking ceremony at Bereina Station to officially launch the major redevelopment of the Hiritano Highway, a key national infrastructure project that will link Port Moresby to Kerema and unlock the economic potential of Papua New Guinea’s southern corridor. The ceremony, organised by the Department of W...

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 Chair of the Monetary Policy Committee and the Governor of the Bank of Papua New Guinea (BPNG), Elizabeth Genia, hosted a breakfast presentation on the 2025 Economic Outlook of PNG at the Royal Papua Yacht Club on April 9. Genia spoke on the March 2025 Economic Outlook, outlining sweeping changes in monetary policy, economic trends, and financial s...

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...

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...

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 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...

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...

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 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...

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...

Rugby League is a national obsession in Papua New Guinea and the award of a team franchise to compete in Australia’s NRL from 2028 will come as a major economic boost for the country, as well as helping to deepen its ties with Australia, says Westpac Senior Economist Justin Smirk, fresh off the back of his visit to PNG. The Hunters NRL team was a major...

Prime Minister Hon. James Marape has reaffirmed his government’s commitment to upgrading the Enga Highway from Togoba in Western Highlands to Porgera in Enga, describing it as a vital economic road for the region. Responding to concerns raised by Enga Governor Hon. Sir Peter Ipatas in Parliament, Prime Minister Marape highlighted the Government’s ongoi...