Papua New Guinea’s economy is about 20% smaller than it would have been if it had stayed on its pre-2019 growth path, according to the…
Labor Minister Kessy Sawang announced that Papua New Guinea will soon implement a new national minimum wage for the first time in 11 years, following…
Papua New Guinea has secured 17.7 million kina ($4.13 million) in funding through a new partnership with the Australian government and the International Labor Organization…
Prime Minister James Marape on July 16 called for the implementation of the National Executive Council (NEC) decision to endorse a final position on the…
More than 700 small-medium scale rural farmers and cooperatives in East and West Sepik provinces are voicing concern over the future of their agribusinesses as…
Papua New Guinea’s coconut industry holds strong production potential, but continues to face major challenges, including financial constraints and land disputes, according to Kokonas Indastri…
The Papua New Guinea Trade Union Congress is calling for urgent government action to raise the national minimum wage, which it says has remained stagnant…
Prime Minister James Marape on July 1 reaffirmed the government’s commitment to reforming the alcohol and tobacco sectors in the country. Marape made the statement…
Former Prime Minister Peter O’Neill has condemned the International Monetary Fund (IMF) for releasing 771 million kina to the Papua New Guinea (PNG) government in…
A World Bank report on Papua New Guinea (PNG), released on July 1, highlights economic growth but emphasizes that reforms in agriculture sector are essential…
Papua New Guinea (PNG) Manufacturers Council chief executive officer Chey Scovell on June 25 said change to the country’s minimum wage rate must consider workers…
Prime Minister James Marape on June 15 launched the Special Economic Zone (SEZ) policy to boost economic growth and employment. The policy enables the central…
State Treasurer Ian Ling-Stuckey on June 5 announced that the government may need to introduce a supplementary state budget in August, following an unexpected decline…
Fisheries and Marine Resources Jelta Wong on May 29 announced that the central government has launched the National Tuna Domestication Strategy to boost the country's…
Japan is calling on the Papua New Guinea (PNG) government to address long-standing trade and investment issues that are discouraging Japanese businesses and tourists from…
Overseas visitor spending in Papua New Guinea rose sharply in the first half of 2024, signaling a strong rebound in the country’s tourism sector, according…
The Internal Revenue Commission (IRC) has officially launched the Goods and Services Tax (GST) Monitoring System (GMS) Project, marking a significant milestone in Papua New…
The Internal Revenue Commission (IRC) has collected nearly 30% of its 19 billion kina revenue target for 2025 as of April, Prime Minister James Marape…
The 10% base tariff imposed by US President Donald Trump on Papua New Guinea (PNG) exports is expected to have minimal direct impact on local…
The continued depreciation of the kina against the US dollar is fuelling inflation fears and placing a growing strain on the national economy, according to…
Prime Minister James Marape has warned citizens to prepare for economic challenges as global fallout from US tariff hikes begins to take effect. Marape said…
International Trade and Investment Minister Richard Maru on April 14 launched a consultation workshop to assess the impact of new US tariff increases on Papua…
The Internal Revenue Commission (IRC) is developing significant tax reforms to reduce financial burdens on workers and businesses in anticipation of the nation's 50th Independence…
The Bank of Papua New Guinea (BPNG) announced a forecast of positive economic upturn for the country in 2025 on April 10, driven by robust…
Papua New Guinea will 'immediately' lift a ban on forest carbon credit schemes, the Pacific nation's climate minister said, opening up its vast wilderness to…
