Coffee Minister William Bando re-opened the Anego Coffee Factory in Kabiufa village, Eastern Highlands province on February 14. Bandon said the re-opening is expected to…
Papua New Guinea (PNG) Banks and Financial Institutions Workers Union representative Vera Raga urged the central government on February 13 to eliminate disparities in dual…
The East New Britain Provincial Assembly on February 14 passed the 2025 provincial budget of 566 million kina, local media said on February 14. The…
The Bank of Papua New Guinea (BPNG) board on February 12 said it had not received any evidence casting doubt on the integrity of its…
Prime Minister James Marape on February 10 reaffirmed the government's commitment to reviewing and increasing the national minimum wage, ensuring that workers receive fair remuneration…
The Sohe District Development Authority in a meeting on February 11 announced the approval of a 54.8-million-kina budget for this year. This budget includes 24.7…
Prime Minister James Marape on February 11 gave assurances that the Australian government's 1.4-billion-kina loan is within Papua New Guinea's budget framework and will not…
ANZ Bank economist Kishti Sen on February 10 said Papua New Guinea's state budget for this year shows the country is committed to having a…
Elizabeth Genia, the permanent head of the Bank of Papua New Guinea (BPNG), was appointed to her post in early last year despite being under…
Papua New Guinea Treasurer Ian Ling-Stuckey has welcomed Australia's recent 1.4 billion kina loan, calling it "good news" for the country. Speaking on February 6,…
International Trade and Investment Minister Richard Maru on February 5 said Papua New Guinea's oil palm industry could be the solution to the country's economic…
The unused 2.5-billion-kina warrants from the 2024 national budget highlight the government's gross negligence, Sinesine lawmaker Kerenge Kua said on February 4. Kua told the…
The Australian government has agreed to provide a loan of 1.4 billion kina to Papua New Guinea, according to an announcement on February 4. The…
Prime Minister James Marape announced a bold tax reform strategy on February 4, aimed at fostering investment, increasing consumer spending, and driving local industry growth.…
The Bank of Papua New Guinea (BPNG) unveiled results of a proof-of-concept experimentation on January 28 as it explores the potential launch of a central…
The Investment Promotion Authority (IPA) and the Autonomous Bougainville Government (ABG) signed a memorandum of understanding (MoU) to promote investment and transfer business registration powers,…
The National Fisheries Authority (NFA) is set to undergo significant policy reforms that will transform the fisheries sector in Papua New Guinea, local media reported…
The Tourism Promotion Authority (TPA) made significant developments in January to boost tourism, cultural preservation, and sustainable development in Central and Jiwaka provinces, local media…
Prime Minister James Marape on January 29 urged farmers to take advantage of opportunities to export fresh produce to China. Marape encouraged the agricultural sector…
Members of the Western provincial assembly on January 23 approved a budget of 351.8 million kina for 2025. The budget is reduced by 108.9 million…
Eastern Highlands saw an increase in internal revenue from 49 million kina in 2023 to 58 million in 2024 due to businesses expanding their operations…
International Trade and Investment Minister Richard Maru said on January 22 the central government is looking to formalize an economic partnership agreement (EPA) with Japan.…
The Eastern Highlands provincial government passed its provincial budget of more than 511 million kina for 2025 in the first assembly meeting on January 20.…
The Internal Revenue Commission (IRC) announced on January 21 that it will implement administrative measures and collaborate with the Independent Consumer and Competition Commission (ICCC)…
The Internal Revenue Commission announced on January 21 that they have introduced a tax exemption to support the establishment of a National Rugby League (NRL)…