The Papua New Guinea (PNG) Employees Association has rejected a proposed amendment to the Kumul Consolidated Holidng Authorization Act of 2021 over concerns of undermining…
Businesses across Papua New Guinea (PNG) have been struggling with very high operational costs, according to a sentiment survey by the Bank of PNG. Bank…
An agreement to initiate feasibility studies for the proposed Madang Integrated Special Economic Zone (SEZ) in Vidar, Madang was signed by the government. The pact…
A tour operator in Morobe said the deteriorating law and order situation in Papua New Guinea has had a significant impact on their business this…
Micro, small, and medium-sized enterprises are facing significant challenges as a result of inflation, which has increased the costs of raw materials, utilities, and operational…
A Papua New Guinea (PNG) kava supplier Ocean Kava Limited is lobbying for Fiji's government to change its kava import laws. The company managing director…
TotalEnergies Papua New Guinea (PNG) executives revealed plans to expand retail services, investing in national content and continue to take the lead in environmental sustainability…
The board of Kina Asset Management on September 23 declared a record interim dividend for 2024 of 20 toea per share following last week’s announcement…
Businesses in Porgera of Enga province are complaining that after two months, the bypass road and the temporary road over the Mulitaka landslide have yet…
Cocoa production in Morobe has been affected by heavy rain in the past few months, cocoa board regional manager Anton Ningi said. He said the…
The Goilala Development Authority (DDA) presented a total of 1.27 million kina for its business arm to drive development in the district, chairman and local…
Gary Seddon has been appointed as the chief executive officer for Air Niugini. Seddon has been serving in an acting capacity and has now been…
The Wariman abattoir is set to host one of the proposed Post Entry Quarantine Facilities (PEQ) for live cattle and livestock in the country. Livestock…
Businesses in Papua New Guinea remain optimistic about the future despite facing challenges in running their operations, Ashurst PNG incoming managing partner Tureia Sample said.…
Businesses are becoming increasingly concerned about the state of the economy in Papua New Guinea. Chairman of the PNG property developers association Peter Aitsi said…
Kina Securities Limited has announced a net profit after tax of 42.2 million kina for the first half of 2024. The figure is a decrease…
The Koiari local level government (LLG) in Central province will receive 2% of the Edevu Hydro Equity payment after the LLG endorsed a resolution last…
The Livestock Development Corporation (LDC), which owns the Tiaba Abattoir outside Port Moresby, is undergoing renovation at the cost of 1.5 million kina and it…
The National Executive Council has approved a joint venture partnership between the state and RD Fishing Limited in Madang Province to enable the operation of…
The Bank South Pacific Financial Group Limited loan process for small-to-medium enterprises (SMEs) is too stringent compared with an unsecured loan, research showed. Business lecturer…
There is an increase in Chinese businesses in Papua New Guinea, but less investment compared to Australia, a researcher Sharon Liu from Australian National University…
Deputy Prime Minister John Rosso is leading a high-level government delegation to Indonesia this week to attract trade and investment opportunities for Papua New Guinea…
A memorandum of understanding (MoU) between the Coffee Industry Corporation Limited (CIC) and nine district development authorities (DDA) was signed on August 15 to boost…
Papua New Guinea’s commercial banking sector has been contracting and in need of growth, Bank of Papua New Guinea (BPNG) governor Elizabeth Genia said. “Overseas…
Frequent power outages in East Sepik are causing significant inconveniences and financial losses to businesses and residents, Wewak lawmaker Stanley Muts Samban said. He urged…
