Air Niugini is undertaking its most significant transformation in five decades, with a new fleet on order and major reform across operations, finance, people, and commercial functions. “Over the next 12 months, our priority is disciplined delivery of the 2025–2027 Corporate Plan, ensuring aircraft arrive on time, financing is secured, and operational efficiencies are realized. This will be underpinned by investment in our people, in our systems and technical fleet readiness.” This was highlighted by Air Niugini Chief Executive Officer, Mr. Gary Seddon at the 40th Australia PNG Business Forum & Trade Expo which took place last week from the…
Author: Maxine KAMUS
City Pharmacy Limited (CPL) through its CPL Wellness Clinic at Vision City has signed a Memorandum of Understanding (MOU) with Life Insurance Corporation (PNG) Ltd (LICL) to improve healthcare access for LICL clients across Papua New Guinea (PNG). The agreement, signed today 30th June 2025, enables LICL clients to access a wide range of medical services offered at the CPL Wellness Clinic, including general practitioner consultations, specialist appointments, laboratory tests, x-rays, ultrasounds, and more. Referred clients will be able to pay upfront and claim reimbursements through LICL, streamlining the process and improving access to quality health care. Mr. Pradeep Panda,…
Papua New Guinea’s Economy is set to grow by 4.7 percent in 2025, well above its historical average, driven by rising gold and copper production and a strong recovery in agriculture. But amid global commodity price volatility and persistent domestic challenges, the country’s long-term prosperity will depend, in part, on improving the critical agricultural sector. The latest Papua New Guinea (PNG) Economic Update released today by the World Bank, highlights the country’s resilience amid global uncertainty. The World Bank stated that the report credits strong performance in both the resource and non-resource sectors alongside early gains from fiscal reforms and…
The Founder of CPL Group Sir Mahesh Patel, OBE has been inducted into the SME Awards PNG Business Hall of Fame. CPL Group stated that the Award was presented at the TISA Bank SME Breakfast with the Prime Minister on Friday 27th June, at the Hilton Hotel in Port Moresby, by the Prime Minister himself James Marape, to Ajay Patel, representing Sir. Mahesh. “It is both a great honour and a deeply personal privilege to stand before you today on behalf of my father, Sir Mahesh Patel, as he is inducted into the Papua New Guinea Business Hall of Fame.…
NCSL Savings and Loan is excited to announce the launch of its very first podcast series, “The Wokabaut Tokabaut Show.” NCSL stated that this series aims to keep NCSL’s members, its partner employers and the general public informed and up to date with information about its products and services in an engaging and accessible format. “As the financial business landscape evolves, keeping members informed is more important than ever. The ‘Wokabau Tokabaut’ podcast series offers exclusive insights, expert discussions, and valuable updates all in one convenient platform. Whether it’s industry trends, financial guidance, workplace best practices, or key announcements, this…
PNG Ports Limited had the opportunity to network, build on existing partnerships, and discuss ideas during the recent 40th Australia PNG Business Forum & Trade Expo held at the Stanley Hotel in Port Moresby city. PNG Ports stated that for them, the Event theme: “Securing the Future of Investments – Stori Bilong Yumi: From Shells to Artificial Intelligence” – resonated with their business and how far they have come since Independence to one that is embracing the potential of modern technology. “Our Chief Executive Officer, Neil Papenfus, speaking as a panelist during the State-Owned Enterprises (SOE) round table discussion, highlighted…
PNG Ports Limited will be the Gold Sponsor of the upcoming 2nd PNG Special Economic Zone (SEZ) Summit. The Summit will be hosted by the Department of International Trade and Investment from August 30th – September 3rd, 2025. “As the nation’s Port Authority and a State-Owned Enterprise, the sponsorship marks our commitment towards PNG’s economic development. PNG Ports is a key player in the SEZ agenda connecting SEZ’s to the global market through the provision of port facilities, ensuring the import of raw materials and the export of finished goods. PNG Ports owns and manages 15 strategically located ports which…
The National Airline Air Niugini Limited participated in 40th Australia PNG Business Forum and Trade Expo in at the Stanley Hotel in Port Moresby this week from the 23rd to 25 June 2025. The airline stated that Air Niugini team showcased a wide range of products and services at an interactive booth, highlighting Air Niugini’s commitment to supporting Papua New Guinea’s business sector. “This year’s forum marked a significant milestone in the bilateral relationship between Australia and Papua New Guinea, serving as a premier platform for dialogue, investment, and collaboration. With the theme “Securing the Future of Investments – Stori…
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) has delivered a major boost to pediatric healthcare in the Highlands region with the donation of vital medical equipment to the Western Highlands Provincial Health Authority last Saturday. Since its launch in 2023, the PNG CORE Charity Golf Challenge—held annually in Sydney— has become a flagship fundraising initiative, uniting the extractive industries and corporate partners in a shared mission to give back to communities in meaningful and impactful ways. PNG CORE stated that the 2023 and 2024 events raised a combined total of PGK 300,000, with PGK 280,683.06 used…
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is calling on community leaders, landowners, and small-scale miners to unite in tackling the escalating issue of unregulated alluvial mining across the country. Unregulated alluvial mining poses a serious threat to the mining industry, local communities, and legitimate small-scale miners. Recent reports have highlighted a surge in illegal mining practices, gold smuggling, and a decline in lawful alluvial gold production, raising alarm across the sector. In response to these developments, the Mineral Resources Authority (MRA) has issued a public stop-work notice targeting unauthorized alluvial mining operations involving heavy machinery.…