The Jomik Group started construction for a major expansion of its Bovotel Hotel, a project that aims to reshape the skyline in Arawa and strengthen…
ANZ has appointed Andrew Betteridge as country head for ANZ Papua New Guinea, effective September and subject to regulatory approval. Betteridge, currently deputy country head…
The first coffee shipment from Milne Bay Province departed Lae in Morobe Province on August 14, bound for Estonia. Graydon Puinam, founder and general manager…
The Yangoru-Saussia District Development Authority (DDA) has raised concerns over long delays in vehicle deliveries by Ela Motors, saying the slow turnaround is affecting vital…
Papua New Guinea (PNG)’s largest bank, Bank South Pacific (BSP), has raised serious concerns over a $2 billion financial guarantee being given by the Australian…
The Bank of South Pacific (BSP) has temporarily disabled the balance enquiry feature on its Eftpos terminals, effective since August 12, following a surge in…
City Pharmacy Limited’s (CPL) decision to transfer operations of its Stop & Shop retail chain to local firm Taylor Pacific Limited took effect on August…
Port Moresby province has incurred tens of millions of kina in losses over the past two weeks due to ongoing power and internet failures, according…
Malaysia’s top-selling automotive brand, Perodua, has officially entered the Papua New Guinea (PNG) market, opening its first showroom in Port Moresby as part of a…
Tisa Bank, a subsidiary of the Teacher’s Savings and Loan Society, on August 4 officially opened a branch in Kokopo, East New Britain province, expanding…
Persistent power outages across Papua New Guinea (PNG) are putting pressure on businesses and service providers, according to Ian Tarutia, president of the Chamber of…
Police Minister Tsiamalili Jr. on August 5 called on manufacturers, distributors, and licensed vendors in the alcohol industry to support a responsible drinking campaign in…
Prime Minister James Marape has invited Japanese company Sumitomo Forestry Ltd. to partner with Papua New Guinea’s (PNG) state-owned PNG Diwai Holdings in downstream timber…
A recent quality inspection of a green coffee sample conducted by the Coffee Industry Corporation (CIC) found that the coffee requires additional drying before it…
The Islands Mobile Group of Companies on August 1 opened a new office complex at Taurama area in National Capital District (NCD) of Port Moresby,…
The Alotau district in Milne Bay Province has formally transferred assets worth 1.8 million to its newly formed business entity, Alotau District Corporation Limited (ADCL),…
Digicel Limited has alerted its customers to potential service interruptions and temporary billing schedule adjustments during a scheduled system upgrade set for August 5. The…
The Independent Consumer and Competition Commission (ICCC) has issued a stern warning to businesses nationwide to comply with merger and acquisition regulations as stipulated under…
East Sepik Governor Allan Bird on July 31 announced the province's first cocoa export to Shandong, China, marking a significant milestone in regional trade and…
The Teachers Savings and Loan Society (TISA) has named Peter Mason as its new board chairman, effective June 30. He succeeds Gabriel Tai, who retired…
DataCo managing director Paul Komboi on July 29 signed a memorandum of understanding (MoU) with officials from South Fly district in Western province to improve…
Prime Minister James Marape has ordered an independent audit into the financial records of Kumul Petroleum Holdings Ltd (KPHL), the state-owned enterprise responsible for managing…
Harmony Gold’s Hidden Valley Mine has invested 28.9 million kina in social development projects across Wau and Bulolo districts in Morobe province since its operations…
Southern Highlands governor William Powi on July 29 urged the central government to approach the Kumul Petroleum Holdings Limited (KPHL) issue with care, urging consultation…
Local businesses in the Southern Highlands province are collapsing under mounting financial pressure, with owners and community leaders blaming chronic cash flow issues and prolonged…