BSP Financial Group has reinforced its commitment to Papua New Guinea’s economic development, by allocating 200,000 kina to support the 2025 Special Economic Zone (SEZ)…
The Autonomous Bougainville Government (ABG) on July 10 signed a contract worth 16.9 million kina with FreeBalance to overhaul its public financial management system. ABG…
The Madang provincial government on July 15 launched a small-to-medium enterprise (SME) credit facility aimed at enhancing the SME experience for farmers. Before accessing 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…
North Fly lawmaker James Donald on July 14 pledged a 100,000 kina budget toward a coffee project in Olsobip local-level government (LLG) in Western province.…
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…
Prime Minister James Marape reiterated Papua New Guinea’s (PNG) commitment to macroeconomic stability, fiscal reform, and debt sustainability during a visit to the International Monetary…
Prime Minister James Marape on July 10 urged the International Monetary Fund (IMF) to establish a tailored support facility for Small Island Developing States (SIDS),…
Papua New Guinea (PNG) and the European Union (EU) have strengthened their partnership by advancing investment projects in water and Rabaul port infrastructure in East…
The recently implemented goods and services tax (GST) exemption on 13 essential goods is boosting sales in stores across the country, a supermarket supervisor said…
Rising fuel costs and lower profits are two of the main concerns raised by public transport operators during the Independent Consumer Competition Commission (ICCC) public…
Papua New Guinea (PNG)’s cocoa industry has earned 450 million kina in the first quarter of 2025, nearly matching annual earnings in previous years, according…
Pacifund Limited on July 4 completed the first week of financial literacy and bookkeeping training for small and medium enterprises (SMEs) in Apiope village, Baimuru,…
The total value of currency in circulation in Papua New Guinea (PNG) reached 3.5 billion in 2024, up from 3.3 billion kina the previous year,…
East Sepik Governor Allan Bird on July 4 invited landowners in Marienberg, Angoram, to participate in clan vetting and land survey exercises to support a…
Cocoa production in Papua New Guinea's (PNG) Sepik region is projected to generate more than 300 million in additional revenue by the end of this…
National cooperatives secretariat president Reuben Yapi on July 4 emphasized that cooperatives are key to achieving the central government’s goals of employment and wealth creation…
Bank of Papua New Guinea (BPNG) governor Elizabeth Genia announced that the central bank has paid a 48.5 million kina dividend to the government. Genia…
The potential impact of US tariffs on Papua New Guinea would likely be limited due to the low volume of trade between the two countries,…
Jeffery Singer, head of small-to-medium enterprises at Tisa Bank, on July 3 urged farmer cooperatives to establish strong, trust-based relationships with financial institutions to improve…
Former prime minister Peter O'Neill has sharply criticized the current government for its unprecedented borrowing from the International Monetary Fund (IMF), stating that Papua New…
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…
Poultry Industry Association President Chris Prestwood on July 2 said that the shortages of poultry across Papua New Guinea (PNG) were due to logistics delay…
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…
