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Inaugural board named for Papua New Guinea NRL franchise ahead of 2028 debut

Inaugural board named for Papua New Guinea NRL franchise ahead of 2028 debut

The board announcement was made in Port Moresby on Tuesday by the ARLC chairman Peter V'landys AM and NRL CEO Andrew Abdo, alongside PNG Prime Minister James Marape and Australian Minister for Pacific Island Affairs Pat Conroy. Photo: Office of...

US-PNG trade ‘limits’ tariffs

ANY tariff imposed by the United States of America on Papua New Guinea would be relatively limited because trading with the US is limited, an economist says. PNG Institute of National Affairs executive director Paul Barker said that with PNG’s...

Gambling a one-way road to financial ruin

THE increasing social and economic harm caused by gambling activities – particularly horse race bingo, poker machines (pokies), and other forms of betting is spreading across our country. From personal experience and daily observation, I believe...

Weekly property review: Carbon co-existing on Conways

Weekly property review: Carbon co-existing on Conways

Cattle on Conways Station, south of Darwin MANY rural property owners appear to have been sold the dream of producing carbon but have been left unsure about how to navigate the way forward. This week’s property review shines a spotlight on the...

Inaugural board of Papua New Guinea franchise announced

PORT Moresby: The Australian Rugby League Commission (ARLC) has announced the inaugural board members of the PNG franchise, to be chaired by Ray Dib. The initial seven members of the board include business and industry leaders in both PNG and...

Economy to grow nearly 5pc this year: Economist

PAPUA New Guinea’s economy is forecast to grow by 4.7 per cent this year, driven by rising gold and copper production but mostly by a strong recovery in agriculture, says an economist. World Bank senior economist for PNG Reshika Singh said: “Amid...

Economic growth ahead for PNG, but agriculture reforms key to more jobs and sustained prosperity

Economic growth ahead for PNG, but agriculture reforms key to more jobs and sustained prosperity

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...

ECONOMIC BENEFITS OF THE PNG NRL BID

ECONOMIC BENEFITS OF THE PNG NRL BID

The recent launch of the PNG NRL bid not only creates a pathway for young Papua New Guineas to develop through the sport of rugby league, but it also creates an opportunity for economic growth in general. Australia’s Minister for Pacific Island...

Great Pacific Gold Announces Closing Of Upsized $16.9 Million Private Placement Financing Led By Canaccord Genuity Corp

Great Pacific Gold Announces Closing Of Upsized $16.9 Million Private Placement Financing Led By Canaccord Genuity Corp

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - July 3, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) (" Great Pacific ", " GPAC " or the " Company ") is pleased to announce that it has closed the...

Australia is not PNG’s bank

THE Australian government must seriously consider further financial aid to Papua New Guinea and instead tell Waigani to fend for itself. The intervening period immediately after Independence was understandable, PNG was like a child learning to...

KCH and PNGX Sign MOU to Enhance Corporate Governance of State-Owned Enterprises

KCH and PNGX Sign MOU to Enhance Corporate Governance of State-Owned Enterprises

Kumul Consolidated Holdings (KCH), the trustee shareholder of the country’s state-owned enterprises (SOE), and PNGX Group Limited (PNGX Group), the holding company of PNGX Markets Limited, operator of Papua New Guinea’s national stock exchange,...

5 things to know about the company trying to start deep sea mining: The Metals Company

5 things to know about the company trying to start deep sea mining: The Metals Company

What makes The Metals Company (TMC), a little-known company that isn’t even making any money, a threat to the ocean, international conventions, transparency and the clean energy transition? While deep sea mining has not begun at commercial scale...

Namibia's Development Bank officially accredited by Green Climate Fund

WINDHOEK, July 3 (Xinhua) -- The Development Bank of Namibia (DBN) has become the first Namibian institution to gain official accreditation by the Green Climate Fund (GCF) as a Direct Access Entity under the medium-sized project category. The...

TWM’s Kori Chan Calls for Policy Action and Green Incentives at 40th Australia–PNG Business Forum

TWM’s Kori Chan Calls for Policy Action and Green Incentives at 40th Australia–PNG Business Forum

In an exclusive interview with PNG Business News, TWM Group managing director Kori Chan shared key insights from the 40th Australia–PNG Business Forum and Trade Expo, held from June 23 to 25 at The Stanley Hotel in Port Moresby. Chan described the...

Book Review: ‘Confessions of an Economic Hit Man’ by John Perkins

Book Review: ‘Confessions of an Economic Hit Man’ by John Perkins

I was scrolling through WhatsApp messages the other day in a group known as ‘Hasec Pioneers 1998-1999’, the group was created exclusively for the Mt. Hagen Secondary pioneers from 1998-1999 to discuss topics on reunion and of national interest. It...

U.S. International Trade in Goods and Services, May 2025

Explanatory Notes Goods (Census basis) Data for goods on a Census basis are compiled from the documents collected by U.S. Customs and Border Protection (CBP) and reflect the movement of goods between foreign countries and the 50 states, the...

City in chaos as opportunists retaliate for alleged PMV crew stabbing

PORT Moresby’s central business district descended into chaos yesterday as a rampaging mob tore through Hanuabada village, Downtown, Ela Beach, Koki, Badili and 2-Mile as they attacked, looted and terrified residents in broad daylight. Police...

Islands of Intrigue: Cruising Papua New Guinea

Islands of Intrigue: Cruising Papua New Guinea

Like clockwork, anywhere we dropped the hook, canoes came out to greet us, to trade and to share stories. Birgit Hackl Pushy islanders circling the boat in their canoes. Drunken rascals harassing or assaulting crews. The constant threat of being...

Papua New Guinea’s premier business magazine to publish second annual edition of Mining & Energy publication

Papua New Guinea’s premier business magazine to publish second annual edition of Mining & Energy publication

Porgera – Haul trucks assembled in the mine open pit. Credit: NPL As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined up for development, Business...

OCEANIA/PAPUA NEW GUINEA - Accusations of witchcraft and violence in society: Caritas' commitment to combating them

OCEANIA/PAPUA NEW GUINEA - Accusations of witchcraft and violence in society: Caritas' commitment to combating them

Caritas Papua Nuova Guinea Kundiawa (Agenzia Fides) – In the province of Simbu, in Papua New Guinea, so-called violence related to accusations of witchcraft represents one of the most serious and horrific forms of aggression between families and...

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