News

January 24th, 2022

Australia will spend more than half a billion dollars upgrading ports in Papua New Guinea in a bid to strengthen trade ties and ward off investment from other nations, including China.  Prime Minister Scott Morrison and PNG Prime Minister James Marape met virtually on Friday to sign agreements for $580 million in upgrades and refurbishments to […]

December 11th, 2021

K412mil extension project December 9, 2021 The NationalBusiness By JIMMY KALEBE PNG Ports Corporation Ltd (PNG Ports) will spend US$120 million (about K412.97 million) on the extension of the berthing at the Lae main wharf in Morobe, according to State-owned company. Managing director Fego Kiniafa said this would be from the Australian government’s funding support of […]

December 1st, 2021

Air Niugini is delighted to advise they will be operating a service on Sat 11 December 21 and from the 15th December there will be a twice weekly flight on Wednesdays and Saturdays.  Passengers can travel from Cairns to POM and connect onwards to Singapore and other destinations as allowed under COVID travel restrictions. Timings […]

November 25th, 2021

How should international businesses behave if they want to be successful in the Pacific? asked a recent Austrade survey.  Adrian Weeks, Austrade’s Senior Trade & Investment Commissioner for Papua New Guinea and the Solomon Islands, outlines the thought-provoking results – How to do business right in the Pacific [opinion] – Business Advantage PNG

November 9th, 2021

The National Gold Refinery and Mint Project Deal, signed recently by Papua New Guinea Prime Minister James Marape, is a milestone agreement for the country and a key success in the implementation of his government’s “Take Back PNG” program, according to Marape. “The project has started and will establish, for the first time in Papua […]

November 5th, 2021

Australia and Papua New Guinea have agreed to join forces to create an efficient and accessible carbon market under the Australian Government’s Indo-Pacific Carbon Offsets Scheme. Following talks at COP26 in Glasgow with PNG’s Minister for the Environment, Conservation and Climate Change, Wera Mori, Minister for Industry, Energy and Emissions Reduction Angus Taylor announced PNG […]

July 26th, 2021

E X P O R T   S U R V E Y Tradelinked Cairns-PNG-Pacific is seeking your support to develop a comprehensive FNQ Export Capability Profile to Service the Pacific Region through your participation in a short survey. Information is key to understanding the development potential of our region and helping to grow jobs and opportunities for […]

June 3rd, 2021

Check out the new Cairns Regional Council’s ‘go to’ website on everything about Cairns for those thinking of moving to Cairns and much more.  Visit Choose Cairns  https://choose.cairns.qld.gov.au/

May 13th, 2021

PNG Business News kicks off the year 2021 with a closer look at the PNG Biomass project in the Markham Valley in Morobe Province. As Oil Search Limited strategic and sustainable diversification of the Company’s energy portfolio, PNG Biomass hopes to power Papua New Guinea with domestic low-emission renewable energy and empower communities by using an inclusive economic growth model. […]

May 10th, 2021

The 36th Australia Papua New Guinea Business Forum and Trade Expo is being held at the Royal International Convention Centre (Showgrounds), Brisbane commencing on Monday evening (24 May) with an opening cocktail reception and dinner. The Forum and Trade Expo will continue on Tuesday 25 May concluding with a cocktail reception and dinner on Wednesday […]