The Australian government announced that big banks operating in the Pacific region will receive a decade-long loan guarantee of more than A$2 billion to maintain…
The Autonomous Bougainville Government (ABG) has mandated that all reserved business activities in Bougainville be owned 100% by indigenous Bougainville residents, local media reported on…
The Autonomous Bougainville Government (ABG) announced an indefinite ban on new foreign investments in business activities reserved for people in Bougainville, local media reported on…
Goroka lawmaker Aiye Tambua has urged the government to investigate the recruitment practices of Bank South Pacific (BSP), alleging that the bank is marginalizing Papua…
The Investment Promotion Authority (IPA) Managing Director Clarence Hoot stated on March 10 that the agency will prioritize reforms, such as reviewing the reserved activities…
Palm oil operator New Britain Palm Oil Ltd (NBPOL) on February 20 announced its commitment to strengthening its role in Papua New Guinea’s (PNG) cattle…
Coca-Cola Europacific Partners sales and commercial director Tim Solly stated on February 16 that a lack of foreign exchange and affordability continues to cripple businesses…
Paul Barker, director of the Institute of National Affairs, on February 10 said there is a need for reform for underperforming state-owned enterprises in Papua…
Reports indicate a surge in untaxed goods, including food and clothing, flowing from the Solomon Islands into Bougainville, particularly the border towns of Arawa and…
Wilson Thompson, president of the Farmers and Settlers Association, on February 5 said agricultural productivity in Papua New Guinea has not increased despite numerous policy…
Coffee Minister William Bando on January 20 said authorities are aiming to export more than 1 million bags of green coffee beans in 2025. Bando…
Data from the PNG Stock Exchange (PNGX) showed growth in the market in 2024, indicating investor confidence in the country, officials said. The financial services…
Trucking company Trans Wonderland Limited (TWL) managing director Larry Andagali on January 13 said the company may be forced to lay off its employees as…
Prime Minister James Marape on January 9 reiterated his government’s commitment to giving priority to Papua New Guinean contractors in awarding public projects. “Our government…
Local agriculture and fisheries company Aviation Limited was appointed by the Chinese government to facilitate trade to seven of its provinces, local media said on…
Information and Communication Technology Minister Timothy Masiu on January 7 said that US-based company Starlink has not yet been granted a license to operate in…
Retailer Brian Bell Group said it has yet to receive any support from the central government which was promised to businesses affected by the rioting…
Papua New Guinea Chamber of Commerce and Industry president Ian Tarutia on January 3 said deteriorating law and order issues in the country are a…
Papua New Guinea Chamber of Commerce and Industry (PNGCCI) president Ian Tarutia on January 1 said less than 15% of a relief package for businesses…
The National Fisheries Authority (NFA) announced that the lobster free-diving season was opened in protected areas within Papua New Guinea’s jurisdiction, local media said on…
The National Banking Corporation Limited (NBC), formerly known as the People’s Micro Bank, was granted a commercial banking license by the Bank of Papua New…
Prime Minister James Marape on December 9 urged foreign investors to share their profits with locals to avoid multi-layered communal violence for projects in Papua…
Mission Aviation Fellowship (MAF) increased the cost of its flight services by 10% and 20% due to a shortage of aviation fuel in Papua New…
The Livestock Development Corporation (LDC) on November 24 signed a memorandum of understanding (MoU) with Australia-based exporter Bondstock Rural Exports (BRE) to boost live cattle…
Oil Palm Industry Corporation general secretary Kepson Pupita on November 20 said a new Oil Palm Industry Authority (OPIA) will be established to be responsible…
