Austrade’s Pacific Infrastructure Roadshow held in Melbourne, Sydney and Brisbane in early June showcased a vibrant pipeline of infrastructure projects across the...
Pacific Infrastructure Roadshow showcases $2B pipeline
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Kimbe Port upgrade to boost local jobs and trade
Papua New Guinea’s Kimbe Port is poised for a major transformation under an AUD 32 million (PGK 80 million) infrastructure upgrade contract awarded to local...
GST scrapped on essentials amidst cost-of-living pressures
In a major effort to cushion households from the rising cost of living, the Papua New Guinea government has announced the removal of the Goods and Services Tax (GST) on...
PNG coffee makes historic debut in Dubai market
Papua New Guinea’s agricultural export sector marked a significant breakthrough in May 2025 with the country’s first-ever coffee shipment to Dubai. The landmark...
Japanese mining giant eyes copper, limestone ventures
Japanese mining company Nittetsu Mining Co. Ltd has expressed strong interest in investing in Papua New Guinea’s resource-rich mining sector, particularly in copper and...
Countdown begins for Pacific Infrastructure Conference-2
The countdown has begun for the second Pacific Infrastructure Conference, set to take place from 18-20 August 2025 at the Brisbane Convention and Exhibition Centre. The...
Ewen McDonald takes up post as Australia’s High Commissioner
Australia’s new High Commissioner to Papua New Guinea, His Excellency Mr Ewen McDonald, arrived in Port Moresby on 7 May 2025 to formally commence his diplomatic...
Mixed signals on economic outlook in ADB, Central Bank forecasts
Papua New Guinea’s economic prospects for 2025 present a cautiously optimistic picture, with both the Asian Development Bank (ADB) and the Bank of Papua New Guinea...
‘Yumi Stap Wantaim’: PNG-Australia ties mark 50 years of independence
The launch of Australia’s Yumi Stap Wantaim campaign –a year-long celebration of Papua New Guinea’s 50th year of independence– has been welcomed by Prime Minister James...
BSP launches dedicated Business Bank to drive SME growth
Bank South Pacific (BSP) has launched a standalone Business Bank unit in Port Moresby, reaffirming its strategic commitment to modernising financial services and...
PNG redirects trade focus to Asia amid U.S. tariffs
In April 2025, the United States imposed a 10 per cent tariff on all goods exported from Papua New Guinea, catching many Pacific Island economies off guard. The move,...
2025 Budget simplifies taxation for SMEs
The 2025 National Budget of Papua New Guinea has introduced one of the most SME-friendly fiscal frameworks in the country’s recent history. Delivered by Treasurer Ian...