Motor Vehicles Insurance Limited (MVIL) chief executive officer Michael Kakap announced on May 19 that the company will insure taxis under the business operators’ names.…
The financial sector dominated trading activity on Papua New Guinea’s Stock Exchange (PNGX), accounting for nearly 79% of all transactions, according to the latest market…
Coffee farmers in Western Highlands province received a major boost last week with the opening of a new storage and processing facility at Nunga Plantation…
Air Niugini is set to overhaul its aging fleet as part of a major modernization initiative aimed at enhancing service quality, operational efficiency, and environmental…
Several prominent Papua New Guineans have expressed concerns over the introduction of China Southern Airlines' new route connecting Guangzhou, Port Moresby, and Port Vila, capital…
Papua New Guinea’s (PNG) shipping volumes have remained stable despite global shipping disruptions and delays to the long-anticipated PNG Liquefied Natural Gas (LNG) project, according…
The East New Britain (ENB) provincial government has launched a major initiative to distribute approximately one million cocoa hybrids and clones this year as part…
The Rice Grain Board and the National Agriculture Research Institute (NARI) are jointly calling on the government to release four-million-kina funds to kickstart commercial rice…
Oil palm landowner groups in Wide Bay area of East New Britain province on May 12 closed the Liguria Oil Palm Mill following the failure…
The Western Highlands chamber of commerce and industry has urged central government to intervene in addressing ongoing power issues affecting businesses in Mt. Hagen, local…
Officials from Sri Lankan coconut-based food and beverage manufacturer Jaindi Export on May 12 met with International Trade and Investment Minister Richard Maru to discuss…
Pacific Industries Limited has introduced a new 300 ml PET bottle format to the Papua New Guinea (PNG) market, aiming to improve affordability and accessibility…
The central government plans to transfer its 36.4% shareholding in Bougainville Copper Limited (BCL) to the Autonomous Bougainville Government (ABG), officials told reporters on May…
The central government is prepared to invest 80 million kina in the establishment of Kumul Fisheries Limited, as announced by International Trade and Investments Minister…
The Bank of Papua New Guinea (BPNG) has unveiled a new executive structure as part of its “Vision 2050” strategy to modernize and strengthen the…
Mayur Resources Limited official Paul Mulder on May 7 announced that the company will be renamed to Pacific Lime and Cement Limited as it completes…
Austrian Ambassador Elisabeth Koegler met with International Trade and Investment Minister Richard Maru on May 8, to discuss Austria’s interest in expanding business opportunities in…
Papua New Guinea (PNG) is pressing ahead with major investments in digital infrastructure, even as the potential entry of global satellite provider Starlink remains in…
The Pacific Tourism Organization (SPTO) and the Papua New Guinea Tourism Promotion Authority (PNGTPA) have released the country’s first-ever Business Confidence Index (BCI) report, marking…
The Independent Consumer and Competition Commission (ICCC) is conducting a price regulation review for taxi and public motor vehicle (PMV) services in Papua New Guinea,…
Bank of South Pacific (BSP) general manager Ronesh Dayal announced that the bank has raised its unsecured personal loan limit from 50,000 kina to 110,000…
International Trade and Investment Minister Richard Maru announced that the government will own 50% of a new cannery worth 160 million kina to be built…
Papua New Guinea (PNG) is taking decisive steps to reclaim control of its tuna industry, long dominated by foreign fleets and offshore processing, according to…
Kina Bank has appointed Mackhenly Kaiok as its new chief of staff to support the advancement of the bank’s Environmental, Social and Governance (ESG) strategy.…
The Bank of South Pacific (BSP) announced it will no longer offer Western Union money transfer services across its branch network, effective May 5. In…
