Porgera Chamber of Commerce and Industry president Nickson Pakea on November 12 said the economy in Porgera, Enga province will be revived if the central…
https://youtu.be/pVSdcZXyUB8?si=e3XzLOo5hOjySDAq The Livestock Development Corporation (LDC) Wariman abattoir on Portion 126 in Wewak, East Sepik Province is in the final stages of construction with the…
Retailer company Jack’s of PNG on November 11 opened its third shop in Port Moresby. The retailer now operates sixth branches across the country. The…
The Papindo shopping complex re-opened in Gerehu suburb, National Capital District, Port Moresby on November 10, after it was severely damaged during rioting in January.…
Cellular service operators in Papua New Guinea, Vodafone PNG, Digicel PNG and Telikom, said they are collaborating to increase mobile phone penetration to 80%, Vodafone…
Bank South Pacific (BSP) financial group recorded 406 million kina of unaudited earnings for the third quarter of 2024, a 2% increase compared to the…
The presence of the Bank of China (BoC) in Papua New Guinea is not a security concern as long as international and national laws in…
Papua New Guinea (PNG) has the potential to breed one million heads of cattle in less than 20 years if it invests in breeding programs…
State-owned Enterprises (SOEs) Minister William Duma said that most state-owned enterprises such as PNG Power have been underperforming. He said this situation was caused by…
Papua New Guinea’s largest retail and wholesale operator, CPL Group, recorded 239.5 million kina in revenue for the first half of 2024, a 13% decline…
The Bank of China is on the brink of gaining its first full foothold in the Pacific, with an application to set up a branch…
Bank South Pacific Financial Group Limited (BSP) recorded strong results in the third quarter of the 2024 fiscal year, chief executive officer Mark Robinson said.…
At least 41 small and medium enterprises (SMEs) in Porebada village of Central province formed the Porebada Natuna Cooperatives Association on October 26 to boost…
Flag carrier Air Niugini launched its fleet replacement program, an investment that exceeds $650 million, the company’s chief executive officer Gary Seddon said. Seddon said…
Aero Dynamics Limited, a national aviation company based in Mount Hagen, Western Highland province, bought a second aircraft to boost its operations. Aero Dynamics chief…
The Lae Chamber of Commerce and Industry (LCCI) said Lae-based transport companies are among those directly impacted by the latest communal violence in Enga. LCCI…
Prime Minister James Marape has called on Papua New Guinean-owned businesses to maintain a strong presence and continued business relations between PNG and Samoa. Marape…
The PNG Port Corporation recorded a net profit of 110 million kina for the 2023 fiscal year and paid a dividend of 27.5 million kina…
Coca-Cola Europacific Partners (CCEP) Papua New Guinea has officially opened its state-of-the-art plastic bottle (PET) line in Lae, Morobe province. This multimillion-kina investment started in…
Air Niugini has bought a new Dash 8 Q400 plane which arrived on October 19 at the Jackson International Airport in Port Moresby. The airline’s…
A proposed rehabilitation project along the Teo-Buin-Sipotavai road in the Tinputz area of the autonomous Bougainville region is expected to improve transportation of cocoa and…
Construction began on the new Portside Business Park in National Capital district of Port Moresby that is expected to create 1,000 jobs, an official said…
Tiningan Supermarket plans to upgrade the Dobel Tiningan shopping center in Mount Hagen, Western Highlands to a shopping mall in 2026, an official said on…
Domestic carrier Air Niugini has received an unspecified amount of loans from the Asian Development Bank (ADB) to purchase more aircraft, an ADB official said.…
Niugini Automobiles launched its head office in Port Moresby which provides sales for imported electric vehicles (EV) from Chinese-owned SAIC Motors, MG and Maxus. The…