Independent Consumer & Competition Commission

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Independent Consumer & Competition Commission "Our Competition Watchdog, shaping our market economy and protecting our Consumers."

19/10/2026

Our Commissioner and Chief Executive Officer, Mr. Roy Daggy was live on FM100's Talkback Show yesterday.

He joined FM100's TalkBack Show host Douglas Dimagi discussing ICCC's Corporate Plan 2026-2030. New Competition and Consumer Protection Bill 2026, Fuel increase and PMV/TAXI fares adjustments.

PUBLIC NOTICE: ICCC APPROVED PMV/TAXI FARESThe Independent Consumer and Competition Commission (ICCC) advises all PMV an...
19/10/2026

PUBLIC NOTICE: ICCC APPROVED PMV/TAXI FARES

The Independent Consumer and Competition Commission (ICCC) advises all PMV and taxi operators, commuters and the general public on the newly approved maximum PMV fares, as published in the National Gazette No. G1044 of 2026.

What you need to know:

1. Route & Fares: Approved fares apply from the start to the end of the approved route. Operators may charge less than the maximum fare where commuters choose to get off at bus stops along the route.

2. Fare Adjustment: The ICCC adjusted the previously approved and gazetted maximum fare from K1.60 to K2.00.

3. Student Concession: PMV operators must not deny students applicable concessions. Refer to the National Gazette for details on concession levels and conditions.

4. Safety and Responsibility: Operators must ensure safety, reliability and cleanliness, and comply with relevant transport and municipal laws and regulations.

* NO SHORT ROUTE: PMV operators must not short-serve their licensed routes to exploit commuters.

For more information or to report non-compliance, contact the ICCC: 312 4600 | Prices Regulation Division: [email protected] | Consumer Protection Division: [email protected]

PUBLIC EVENT/CONSULTATION - STAKEHOLDER FORUMThe Independent Consumer and Competition Commission (ICCC) will hold a seri...
19/10/2026

PUBLIC EVENT/CONSULTATION - STAKEHOLDER FORUM

The Independent Consumer and Competition Commission (ICCC) will hold a series of Stakeholder Consultation Forums in Mt. Hagen, Goroka and Lae by the end of October 2026.

The forums will give stakeholders an opportunity to share their views, experiences and concerns on consumer protection, competition, prices and economic regulation in Papua New Guinea.

Stakeholders can also raise issues they want the ICCC to address and provide practical suggestions to help the Commission identify its priorities for 2027.

1. Mt. Hagen - WHP
Date: 26th October 2026 / 8:30am - 12noon
Venue: Highlander Hotel, Mt. Hagen

2. Goroka, EHP
Date: 28th October 2026 / 8:30am-12noon
Venue: Bird of Paradise Hotel, Goroka

3. Lae, MP
Date: 30th October 2026 / 8:30am-12noon
Venue: Lae International Hotel, Lae

The ICCC calls on relevant stakeholders to attend and take part in these important discussions.

Your views, experiences and recommendations will help the Commission identify key issues and set its priorities for the coming year.

PUBLIC NOTICE: MID-TERM CAPEX REVIEW FOR PETROLEUM INDUSTRYThe Independent Consumer and Competition Commission (ICCC) wi...
16/10/2026

PUBLIC NOTICE: MID-TERM CAPEX REVIEW FOR PETROLEUM INDUSTRY

The Independent Consumer and Competition Commission (ICCC) wishes to inform all fuel wholesalers and relevant stakeholders in the petroleum industry that it will soon commence the Mid-Term Capital Expenditure (CAPEX) Review.

This review is being carried out in accordance with the regulatory framework established under the 2024 Petroleum Industry Pricing Review.

Under the Final Determination set out in the Final Report of the 2024 Petroleum Industry Pricing Review, the ICCC is required to determine an Additional Capital Spending Factor (ACS). This is part of the annual adjustment of the wholesale margin at the mid-point of the five-year regulatory period.

In simple terms:

⭕️ CAPEX refers to money spent on important long-term investments in the industry.

⭕️ ACS Factor is an additional factor to account for that spending.

⭕️ Wholesale margin is the margin applied at the wholesale level.

The purpose of this review is to assess all the relevant capital expenditure required of the petroleum industry during the period from 1st January 2024 to 30th September 2026, and determine the appropriate ACS Factor to be incorporated into the wholesale margin adjustment, in accordance with the established regulatory framework and the applicable framework

Further updates will be provided as the review commences.

Read more on this update via: https://iccc.gov.pg/2026/10/16/public-notice-commencement-of-the-mid-term-capital-expenditure-review-of-the-petroleum-industry/

PUBLIC ANNOUNCEMENT - ADJUSTMENT TO PMV/TAXI FARESThe Independent Consumer and Competition Commission (ICCC) wishes to a...
16/10/2026

PUBLIC ANNOUNCEMENT - ADJUSTMENT TO PMV/TAXI FARES

The Independent Consumer and Competition Commission (ICCC) wishes to advise all licensed Public Motor Vehicle (PMV) and Taxi Operators, as well as the general public, that it has decided to bring forward certain approved fare increases in response to the recent significant rise in fuel prices in October 2026.

Read more on these adjustments via: https://iccc.gov.pg/2026/10/16/public-notice-adjustment-to-pmv-and-taxi-fares-for-all-licensed-routes-in-png/

FUEL PRICE ANNOUNCEMENT- UPDATEWHY PRICES ARE INCREASING AND WHAT YOU NEED TO KNOWThe ICCC is releasing an information b...
12/10/2026

FUEL PRICE ANNOUNCEMENT- UPDATE

WHY PRICES ARE INCREASING AND WHAT YOU NEED TO KNOW

The ICCC is releasing an information background explaining the global and local factors driving fuel costs.

-KokopoThat's a Wrap!!We have officially concluded our nationwide public consultation workshops on the Competition and ...
12/10/2026

-Kokopo

That's a Wrap!!

We have officially concluded our nationwide public consultation workshops on the Competition and Consumer Protection Bill 2026 at Kokopo, East New Britain Province.

Thank you to everyone across Southern, Momase, Highlands and the New Guinea Islands regions who attended, shared insights and contributed to shaping the future of fair markets and consumer rights in PNG.

For those who wish to provide further input, submit your written feedback to:
Department of Treasury
Deputy Secretary & Chair (CCFIMC)
P.O Box 542
Waigani, NCD.

All comments, recommendations and submissions must be clearly marked "Competition & Consumer Protection Bill Consultation Submission."

Deadline: On or before 16th October 2026.

Your voice matters!

The Independent Consumer and Competition Commission (ICCC) informs all consumers, suppliers, and stakeholders in the pet...
07/10/2026

The Independent Consumer and Competition Commission (ICCC) informs all consumers, suppliers, and stakeholders in the petroleum industry that under the recently passed Goods and Services Tax (Amendment) Act 2026 and NEC Decision No. 225/2026, the Government has exempted Goods and Services Tax (GST) on fuel prices until 31 December 2026, while phasing out the direct subsidy over the next two months.

This change will be reflected in the Indicative Retail Fuel Prices (IRP) for this month on Thursday, 08th October 2026, at 12:00AM. While consumers will see the domestic retail pump prices increase above September 2026 levels, these increases are well below the actual prices if there was no fuel subsidy.

Port Moresby prices stands at:

Petrol - K5.90;
Diesel - K5.90; and,
Kerosene - K5.90

Fuel prices for other centers can be accessed via link: https://iccc.gov.pg/2026/10/07/press-statement-announcement-of-fuel-prices-october-2026/

CCP Bill 2026 Public Consultation- Highlands Region.That’s a wrap on Day 2 of the Competition and Consumer Protection Bi...
01/10/2026

CCP Bill 2026 Public Consultation- Highlands Region.

That’s a wrap on Day 2 of the Competition and Consumer Protection Bill 2026 public consultation in Mount Hagen! 🇵🇬✨

Yesterday marked the successful conclusion of our regional consultation in the Highlands.

We have taken careful note of all the valuable suggestions, comments, and insights shared by local stakeholders to help shape a modern competition and consumer protection framework for PNG.

Next stop: Kokopo, East New Britain Province! ✈️
Our team will be heading out next week for the final leg of this national public consultation.

If you are in the New Guinea Islands, we want to hear from you.

• 📅 Dates: October 8–9, 2026
• 📍 Venue: Gazelle International Hotel, Kokopo
• 👥 Who should attend: Business houses, government agencies, and general consumers.

Your voice matters. Join us to share your views on this critical legislation!

📢 SUBSIDIZED VOLUMES NOT TO BE SOLD TO COMMERCIAL CUSTOMERS AT RETAIL SERVICE STATIONSThe ICCC is warning commercial cu...
30/09/2026



📢 SUBSIDIZED VOLUMES NOT TO BE SOLD TO COMMERCIAL CUSTOMERS AT RETAIL SERVICE STATIONS

The ICCC is warning commercial customers and resource companies to refrain from buying subsized fuel at the retail service stations.

The ICCC has noted that some commercial customers are diverting from their usual practice of sourcing fuel directly from fuel suppliers and distributors, and are instead refilling at the retail stations to unlawfully capture the benefits of the Government Fuel Subsidy Program.

Retail fuel stations are urged not to allow mini tankers and commercial customers with drums to refill at the retail pumps, except where the retail station sells drums, and such sales of drums are targeted at individuals and small businesses. Except where vehicle-refilling is concerned, commercial customers must continue to source fuel for their operations directly from fuel suppliers and distributors at unsubsidized wholesale prices.

Joint enforcement and compliance checks will be carried out soon by the ICCC and relevant Government agencies to ensure that the subsidy program is not abused.

https://iccc.gov.pg/2026/09/30/public-notice-subsidized-volumes-not-to-be-sold-to-commercial-customers-at-retail-service-stations/

Address

Level 2, Post Office Building Nita Street, Angau Drive, Boroko P. O. Box 6394, BOROKO, NCD
Port Moresby
121

Opening Hours

Monday 09:00 - 16:30
Tuesday 09:00 - 16:30
Wednesday 09:00 - 16:30
Thursday 09:00 - 16:30
Friday 09:00 - 16:30

Telephone

+6753124600

Website

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