PNG, Queensland sign landmark cooperation MoU

PNG, Queensland sign landmark cooperation MoU

Papua New Guinea and Queensland formalised a comprehensive Memorandum of Understanding (MoU) on 10 December 2025, to deepen bilateral cooperation from 2025 to 2030. The agreement spans government-to-government, business-to-business and people-to-people engagements,...
Google to build strategic undersea cables in PNG

Google to build strategic undersea cables in PNG

In a landmark infrastructure agreement, Alphabet’s Google has committed to building three undersea communication cables in Papua New Guinea, backed by Australian funding under the Pukpuk mutual defence treaty. The project — valued at around **US$120 million — is...
Pacific Lime and Cement lists on PNG Stock Exchange

Pacific Lime and Cement lists on PNG Stock Exchange

On 15 December 2025, Pacific Lime and Cement Limited (PLC) began trading on the Papua New Guinea Stock Exchange (PNGX) under the ticker code PLC, marking a significant addition to the country’s capital markets. PLC, incorporated in Singapore but focused on developing...
PNGX targets PNG Registries acquisition

PNGX targets PNG Registries acquisition

PNG’s capital markets are set for an important step forward with PNGX Group announcing plans to acquire PNG Registries from MUFG Pension & Market Services, marking one of the most significant developments in the sector in recent years. The agreement, announced in...