BUSINESS

BSP Banking restored in Porgera Mining Township

The Bank of South Pacific (BSP) banking services was fully restored at the Paiam Mining Township last week, following its soft opening on January...

Papua LNG Project to start by September 2026, awaits final investment decision: Minister Maladina

The proposed Papua LNG Project in Gulf Province is set to operate before the 51st Independence Anniversary of the country, according to Petroleum Minister...

NPL delivers k1.7 billion in dividends, strong benefits for PNG while meeting 2025 production targets

The New Porgera Limited (NPL) has announced that it has delivered substantial financial returns to the country in 2025, declaring dividends of approximately K1.7...

No more borrowings in 2027: IMF and World Bank commend PNG’s fiscal discipline, economic management: PM Marape

Prime Minister, James Marape says Papua New Guinea has received strong international recognition for its fiscal discipline and economic management during high-level meetings with...

Ok Tedi Mine generates K9.3 billion for 2025

The Ok Tedi Mine Limited (Ok Tedi) has generated an unaudited revenue of K9.3 billion (US$2.3 billion) for the 2025 financial year, highlighting strong performance...

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