The 394-key landmark hotel in Papua New Guinea introduces Sheraton’s global design transformation at Sheraton Port Moresby, creating a vibrant new hub for connection in Papua New Guinea’s capital.
Promotions
The 2026 Westpac Outstanding Women Awards (WOWA) was held in Port Moresby, recognising seven inspiring women who are making a strong difference in Papua New Guinea through their leadership, commitment and the work they do in their communities.
PNG Ports Corporation Limited (PNG Ports) has declared an interim dividend of K22.5 million to its shareholder, Kumul Consolidated Holdings (KCH), for the 2025 financial year, drawn from an estimated Net Operating Profit After Tax (NOPAT) of K90 million.
Steamships has announced a massive K100 million investment in Pacific Towing’s (PacTow) fleet renewal and localised maritime training. The investment strengthens PacTow’s position as the leading harbour and marine services provider at a pivotal time when the market demands world-class reliability, enhanced safety, and long-term commitment to PNG’s seafearers and building national capability.
The Tradelinked Cairns–PNG Business Delegation is gearing up for an exciting mission to Lae and Port Moresby from 22–29 October 2026.
Editor Robert Upe reveals what’s inside the August – November 2026 edition of Paradise.
The Remington Group has been a significant part of Papua New Guinea’s economic growth since 1948. Evolving from a single entity into a dynamic group of four specialised business units, Remington serves both the public and private sectors nationwide.
For 48 years, Credit Corporation has played an important role in Papua New Guinea’s economic development, supporting individuals, businesses, and communities through trusted financial solutions.
Steamships Ship Management is pleased to announce the signing of a Memorandum of Understanding with Tetra Tech Development Pty Ltd, delivery partner of the Australia Awards PNG Program, reaffirming a long-standing commitment to creating maritime career pathways for Papua New Guinean women.
Dirio Power has welcomed the National Court decision in its favour on 7 July, bringing to an end legal proceedings over PNG Power’s failure to meet its payment obligations under the companies’ Power Purchase Agreement (PPA).