BUSINESS

PNG to host APEC 2033, eyes UAE partnership

Prime Minister James Marape yesterday announced that Papua New Guinea will host 2033 APEC Leaders’ Summit in the country, following its first hosting in...

BSP Banking restored in Porgera Mining Township

The Bank of South Pacific (BSP) banking services was fully restored at the Paiam Mining Township last week, following its soft opening on January...

Papua LNG Project to start by September 2026, awaits final investment decision: Minister Maladina

The proposed Papua LNG Project in Gulf Province is set to operate before the 51st Independence Anniversary of the country, according to Petroleum Minister...

NPL delivers k1.7 billion in dividends, strong benefits for PNG while meeting 2025 production targets

The New Porgera Limited (NPL) has announced that it has delivered substantial financial returns to the country in 2025, declaring dividends of approximately K1.7...

No more borrowings in 2027: IMF and World Bank commend PNG’s fiscal discipline, economic management: PM Marape

Prime Minister, James Marape says Papua New Guinea has received strong international recognition for its fiscal discipline and economic management during high-level meetings with...

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