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Last update: 11 hours ago

POMCCI Fuel & Kina Focus: At a Port Moresby Chamber of Commerce breakfast, senior economists pressed on the long-term sustainability of PNG’s fuel stabilisation, warning businesses and households to brace for cost pressures while discussing kina stability and growth opportunities. Grey Listing & Investment Readiness: In the same POMCCI push, speakers highlighted confidence around grey listing and pointed to major project opportunities, but stressed the need for firms to be ready for higher operating costs. Fuel Supply Calm, Subsidy Chaos: The ICCC says fuel supply is stable and recent hiccups were driven more by subsidy payment delays than import shortages, with aviation fuel also assured. Fuel Price Risk Still Looms: Economists urged planning for worst-case scenarios, including possible rationing if global supply tightens. French Partnership Momentum: PNG’s Marape is in France courting investors as talks near completion on the “green port” redevelopment of Rabaul, alongside renewable energy and green finance cooperation. Connectivity Push: Australia flagged a new digital push aimed at unlocking growth potential and jobs through better internet access. Mining Pipeline Updates: South Pacific Metals reported maiden drilling mineralisation at Ontenu NE, while Geopacific’s Woodlark DFS points to long-life gold economics. Women, Climate & Safety: Coverage also spotlighted how cyclones and climate shocks intensify violence against women, with evacuation centres often failing to protect.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 4, 2026

B2i Digital sets May 5-7 investor conference on precious metals and critical minerals

EIN Presswire

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Apr. 28, 2026

Charlene Fried wins IAOTP's Elite Professional Award in Education

EIN Presswire


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Papua New Guinea plans vast marine sanctuary along Pacific ‘marine highway’

Papua New Guinea plans vast marine sanctuary along Pacific ‘marine highway’

PM Marape welcomes the expansion of the aviation sector following the ATR factory visit in France

PM Marape welcomes the expansion of the aviation sector following the ATR factory visit in France

Papua New Guinea’s SMEs need to build capability to take full advantage of PNG’s coming project super-cycle

Papua New Guinea’s SMEs need to build capability to take full advantage of PNG’s coming project super-cycle


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May 20, 2026

High Arctic Overseas Announces engagement as Authorised Distributor for Atlas Copco Power Technique products in Papua New Guinea

GlobeNewswire, Inc.

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May 4, 2026

Island Passage Exploration Files Annual Report Highlighting Significant Technical Progress and Socioeconomic Impacts from the EL02 Project - Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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May 11, 2026

K92 Mining Announces Strong Q1 2026 Financial Results – Record Quarterly Revenue, Net Income, Operating Cash Flow, EBITDA and Net Cash Position

GlobeNewswire, Inc.

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Apr. 13, 2026

Tropical Cyclone Maila Leaves Eleven Dead in Papua New Guinea

MENAFN

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Apr. 13, 2026

Eleven Dead as Cyclone Maila Batters Papua New Guinea

MENAFN

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Apr. 13, 2026

Cyclone Maila Leaves Eleven Dead in Papua New Guinea

MENAFN

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