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…
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…
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)…
The Independent Consumer and Competitions Commission (ICCC) on January 21 urged the central government to address the high living cost issue faced by citizens. ICCC…
The government is planning to begin construction for the first 24-hour market in East Sepik province in February. q International Trade and Investment Minister Richard…
West New Britain provincial government official Leo Mapmani said on January 19 that the rehabilitation of the Kimbe Port will see more commercial vessel traffic…
Prime Minister James Marape said on January 17 that members of the Parties to Nauru Agreement (PNA) will discuss the downstream processing of tuna stock…
The Madang Provincial administration disbursed 1 million kina for the development of a local cocoa farm, local media said on January 10. The program includes…
Fisheries Minister Jelta Wong said the government will prioritize maintaining and improving core infrastructure for development in Gazelle district, East New Britain in 2025. Wong,…
The Council of Palm Oil Producing Countries (CPOPC) on December 30, 2024, welcomed Papua New Guinea (PNG) as its 4th member in a ceremony held…
