Central province Governor Rufina Peter on April 24 called on residents of Hiri-Koiari district to make land available for a coffee production initiative aimed at…
Wilson Thompson, president of the Highlands Smart Farmers Association (HSFA), on April 25 said agriculture, particularly in rural areas, remains stagnant despite numerous government efforts…
The Department of Finance has announced that it will not process any payment instructions that do not align with the approved 2024 and 2025 national…
The Sohe District Development Authority (DDA) in Oro province has approved a 1 million kina allocation under the Public Investment Program to bolster the district’s…
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…
Tariffs imposed by the US on Pacific Island nations and China will not halt global development but instead create new opportunities for economic cooperation, China’s…
The Madang provincial government has allocated 1 million in its 2025 budget to support oil palm development, said Governor Ramsey Pariwa. Pariwa signed a memorandum…
The Cape Rodney Farmers and Settlers Association (CRFSA) has unveiled a comprehensive 10-year initiative to plant 100 million rubber trees across Papua New Guinea to…
Coffee Minister William Bando on April 16 affirmed the government's commitment to revitalizing the nation's coffee plantations and fostering downstream processing within the industry. In…
The World Bank commended Papua New Guinea’s robust macroeconomic recovery but urged the government to prioritize human development to improve living standards nationwide, local media…
The Madang provincial government has launched a 5 million kina small-to-medium enterprise (SME) credit scheme in partnership with the National Development Bank (NDB) to boost…
Papua New Guinea’s (PNG) economy is showing strong signs of recovery under a government-led reform program supported by the International Monetary Fund (IMF), according to…
National Planning secretary Koney Samuel on April 14 urged the government to prioritize high-impact investments to transform the economy over the next 5 to 10…
State-Owned Enterprise (SOE) Minister William Duma highlighted concerns over low financial literacy in rural Papua New Guinea during the launch of the National Banking Corporation…
Foreign Affairs Minister Justin Tkatchenko urged greater awareness and promotion of European Union (EU) projects in Papua New Guinea (PNG) during a meeting with Oliver…
The Department of Finance has clarified that the 50,000 kina check payment threshold, effective since October 2024 under Finance Instruction 08/2024, is not a new…
Opposition deputy leader James Nomane on April 10 raised concerns about a cash flow crisis affecting the country, highlighting significant delays in the release of…
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…
Prime Minister James Marape has called for stronger collaboration across the tourism industry, highlighting the country’s rich culture, biodiversity and improving infrastructure as key assets.…
The economy is expected to grow by 4.2% in 2025, following a rebound to 4.3% in 2024, according to the Asian Development Bank (ADB). However,…
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…
The EU-STREIT Papua New Guinea (PNG) Program on April 9 equipped 91 fishing groups across the greater Sepik region with essential resources to strengthen the…
Slow economic growth is limiting the government’s ability to generate revenue, issue contracts, and make timely payments, according to Institute of National Affairs Executive Director…
Papua New Guinea’s (PNG) economy is expected to moderate in the coming years, with growth forecasted at 4.2% in 2025 and 3.8% in 2026, following…
