Visa is deepening its presence in the Pacific with the launch of a new regional office in Suva, Fiji, in an investment poised to reshape digital payments and unlock new opportunities for businesses across the Pacific Islands. The new Fiji hub will strengthen Visa’s ability to support banks, financial service providers, merchants, SMEs, governments and ...
The Port Moresby Chamber of Commerce and Industry (POMCCI) hosted a special Business Breakfast on 29 October, welcoming a high-level trade delegation from New Caledonia. The event, held at the Royal Papua Yacht Club, brought together government leaders, diplomats, and business representatives from both nations to explore new opportunities in mining, indus...
The Mineral Resources Development Company (MRDC) has announced four landmark projects set to transform the economic landscape of Papua New Guinea’s gas-rich Hela Province. Formalised through key agreements signed in Tari on October 17, the projects mark a new phase of investment aimed at accelerating development and improving local livelihoods. The ...
Papua New Guinea’s 50th Independence Anniversary, celebrated from 14 to 19 September, brought the nation to the world stage as global leaders, regional partners and international dignitaries joined in commemorating the Golden Jubilee. From Independence Hill to the streets of Port Moresby, the celebrations on 15 and 16 September showcased the unity of “...
Acting Minister for Information and Communications Technology Peter Tsiamalili Jr. has reaffirmed Papua New Guinea’s resolve to champion a safer, more inclusive digital future for the Pacific, calling the region not just neighbours but “a family of nations, bound by ancestry, culture and history.” Addressing the Pacific ICT Ministers Dialogue in Suva, ...
TOARE, Gulf Province — The Toare Mask Festival has been successfully revived through a collaboration between TotalEnergies, the National Cultural Commission (NCC), and the Gulf Provincial Government. The two-day cultural event, held on 12-13 July, marked the 20th anniversary of the festival and the official opening of the Toare Cultural Centre. First e...
The Bank of Papua New Guinea (BPNG) has submitted its 2024 Annual Report and Financial Statements to the Minister for Treasury, in accordance with the Central Banking (Amendment) Act of 2024. The report captures a pivotal year marked by structural reform, digital innovation, monetary tightening, and renewed focus on institutional integrity. The timely ...
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