Reports indicate a surge in untaxed goods, including food and clothing, flowing from the Solomon Islands into Bougainville, particularly the border towns of Arawa and…
State-owned Enterprises Minister William Duma on February 7 said several state-owned companies have yet to complete their audits, reflecting a serious governance issue. Duma made the…
Courtney Boustridge, treasurer of the Papua New Guinea Business Council, on February 6 announced that the organization will allocate 400,000 kina to guarantee that businesses…
Wilson Thompson, president of the Farmers and Settlers Association, on February 5 said agricultural productivity in Papua New Guinea has not increased despite numerous policy…
Pradee Panda, chief executive of medicine retailer City Pharmacy Limited (CPL), on February 5 said the company will be expanding its reach across the country…
The Bank of South Pacific Financial Group (BSP) appointed four new executives, local media reported on January 30. The new executives are Ben Wavell-Smith as…
TotalEnergies Marketing Director Daniel Domine reiterated the company’s commitment to working with and employing citizens in Papua New Guinea on January 30. Domine emphasized the…
The central government introduced a tax filing relief for small businesses on January 21 to ease the burden of preparing and filing the good and…
Coffee Minister William Bando on January 20 said authorities are aiming to export more than 1 million bags of green coffee beans in 2025. Bando…
Shipping company Manus Shipping Limited established a new base in Buka, Bougainville over the weekend, local media said on January 21. The company is owned…
The Menyamya District Authority in Morobe on January 17 signed a memorandum of agreement to grant 1 million kina to Mama Bank. The partnership marks…
Bank South Pacific Limited (BSP) and NCR Atleos (NCRA) on January 17 signed an agreement on managing the bank’s automated teller machines (ATM). The maintenance…
ANZ Bank managing director for Papua New Guinea (PNG) Lachlan Halstad on January 16 said the bank will remain committed to supporting large businesses and…
Data from the PNG Stock Exchange (PNGX) showed growth in the market in 2024, indicating investor confidence in the country, officials said. The financial services…
Prime Minister James Marape on January 13 acknowledged the significant challenges faced by the country’s manufacturing sector and reaffirmed his government’s commitment to removing structural…
Trucking company Trans Wonderland Limited (TWL) managing director Larry Andagali on January 13 said the company may be forced to lay off its employees as…
Prime Minister James Marape on January 9 reiterated his government’s commitment to giving priority to Papua New Guinean contractors in awarding public projects. “Our government…
Palm Oil Minister Francis Maneke on January 7 welcomed Papua New Guinea’s (PNG) membership in the Council of Palm Oil Producing Counties (CPOPC), saying the…
Local agriculture and fisheries company Aviation Limited was appointed by the Chinese government to facilitate trade to seven of its provinces, local media said on…
Information and Communication Technology Minister Timothy Masiu on January 7 said that US-based company Starlink has not yet been granted a license to operate in…
A skill training center for the garment and textile industry called the Women in Business Development Center (WEDC) in National Capital District, Port Moresby is…
Retailer Brian Bell Group said it has yet to receive any support from the central government which was promised to businesses affected by the rioting…
Papua New Guinea Chamber of Commerce and Industry president Ian Tarutia on January 3 said deteriorating law and order issues in the country are a…
Small and medium businesses in Papua New Guinea are struggling because they are not making enough profit to purchase imported products to provide for their…
Papua New Guinea Chamber of Commerce and Industry (PNGCCI) president Ian Tarutia on January 1 said less than 15% of a relief package for businesses…
