Air Niugini’s, Acting CEO, Gary Seddon, has announced that the airline’s latest addition, the Boeing 737-800 Next Generation series aircraft, will serve both domestic...
Specific Procurement Notice: Request for Bids Works (Two-envelope Bidding Process Without Prequalification)
Employer: Ministry of Infrastructure Development (MID) Project: Second Solomon Islands Roads and Aviation Project (SIRAP2) Contract title: Noro Roads Improvement...
PNG’s forex inflows drop by 16 per cent in Q3
Foreign exchange (FX) market inflows in the third quarter of 2023 have witnessed a 16 per cent decline, amounting to K6 billion, in comparison to the second quarter....
Bougainville opens doors to foreign investment
The Autonomous Bougainville Government (ABG) is inviting foreign direct investment from developed nations, which include Australia, New Zealand, Japan, China, the...
Qantas announces new flights to PNG, NZ, US
Qantas has unveiled an update to its international network including two new return services per week from Sydney to Port Moresby using a Boeing 737 aircraft beginning...
PNG’s aviation sector soars with new Airbus A220 aircraft
Papua New Guinea’s aviation sector has embarked on a transformative journey by acquiring six new Airbus A220 aircraft as part of Air Niugini’s fleet replacement...
Newmont Corporation becomes first company to list on PNGX with Depository Interests
In a significant milestone for Papua New Guinea's financial market, PNGX Group, the operator of the nation's stock exchange, PNGX Markets, has welcomed Newmont...
South Pacific Connect Initiative to enhance digital connectivity
In a significant development for the digital landscape of the South Pacific, Fiji’s Prime Minister Sitiveni Rabuka has unveiled the South Pacific Connect Initiative, a...
Letter from the Secretariat
Greetings to all members of the Australia Papua New Guinea Business Council. Your secretariat has just emerged from an intensive six months of work with four major...
PNG Ports Corporation Limited appoints new Board
The National Executive Council (NEC) of Papua New Guinea has announced the appointment of the PNG Ports Corporation Limited (PNG Ports) Board of Directors led by...
PNG alternate director at ADB advocates for Pacific Member States
Makereta Komai, Pacnews Papua New Guinea’s seconded alternate director at the Asian Development Bank (ADB), Damien Horiambe is using the opportunity to not only raise...
Westpac retains Pacific banking businesses
In a significant development, Westpac has officially concluded its sales process for its Pacific banking businesses and has decided to retain ownership of Westpac Fiji...