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Tags archive: Islands region – economy

Economy

East New Britain opens public consultation on proposed Free Trade Zones

27 Aug 2025

The East New Britain (ENB) Provincial Government has launched public consultations on its proposed Free Trade Zones (FTZ), inviting residents to contribute to shaping the…

Analysis
Economy Analysis

Marape: NEC decision ENBPOL must proceed

18 Jul 2025

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…

Economy

Bougainville signs 16.9 million kina contract to overhaul financial management

18 Jul 2025

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…

Economy

E. New Britain: PNG, EU strengthen partnership with new investments in Rabaul

14 Jul 2025

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…

Economy

Public transport operators raise concerns over rising costs, low profits

11 Jul 2025

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…

Economy

West New Britain: Oil palm festival to be held annually in Nakanai district

01 Jul 2025 0

Nakanai lawmaker and Oil Palm Minister Francis Manake on June 27 stated that the oil palm festival of arts and culture in West New Britain…

Economy

Kimbe Port expansion set to generate over 300 jobs

02 Jun 2025

The 340 million kina rehabilitation of Kimbe Port in West New Britain province is expected to create over 300 local jobs and drive economic growth…

Economy

E. New Britain: Coffee factory construction underway in Palmalmal Station

04 Mar 2025

The construction of a coffee factory was launched in Palmalmal Station, Pomio district, East New Britain province, on February 28. Pomio coffee farmers produce a…

Economy

East New Britain continues cocoa production amid worldwide shortage

20 Feb 2025

Local operator NGIP Agmark Limited's agricultural production manager, Graham McNally, stated on February 18 that East New Britain province continues to play a key role…

Economy

New Ireland presents 2025 budget to State Treasury

20 Feb 2025

New Ireland acting governor Sammy Missen presented the 2025 provincial budget of more than 203 million kina to State Treasurer Ian Ling-Stucky on February 18.…

Economy

East New Britain passes 566M kina budget

17 Feb 2025

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…

Economy

IPA signs MoU with ABG for investment promotion, business registration

06 Feb 2025

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,…

Economy

W. New Britain: Kimbe readies for more commercial shipping

22 Jan 2025

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…

Economy

E. New Britain: Minister says infrastructure a priority for Gazelle in 2025

03 Jan 2025

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,…

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Milne Bay partners with JICA to boost infrastructure standards

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IMF says economy 20% smaller, opposition blames Marape administration

Cocoa Board launches training platform to improve services

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