Operators at the Rumiom farm in Morobe province on February 23 urged for more support from the central government to increase grain production capability to…
The central government is taking action to reduce its reliance on imported rice as the Southeast Asian supply crisis continues to threaten food security across…
The Australia-based bank Westpac's monthly outlook, published on February 18, forecasts a further 4% depreciation of the kina to 0.241 by June 2025, with recovery…
Coffee Minister William Bando announced on February 14 that the central government will distribute 10 million in kina from the coffee price support budget directly…
The Bank of Papua New Guinea (BPNG) board on February 12 said it had not received any evidence casting doubt on the integrity of its…
Prime Minister James Marape on February 10 reaffirmed the government's commitment to reviewing and increasing the national minimum wage, ensuring that workers receive fair remuneration…
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,…
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…
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 National Fisheries Authority (NFA) is set to undergo significant policy reforms that will transform the fisheries sector in Papua New Guinea, local media reported…
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)…
International Monetary Fund (IMF) representative in Papua New Guinea (PNG) Rafiq Sohrab said on January 17 that the country is making significant progress in economic…
The Autonomous Bougainville Government (ABG) presented and submitted its 2025 budget to the State Treasurer on January 15. The budget was received by the State…
Significant challenges are expected in the manufacturing sector and this will affect the productivity levels compared to other countries, PNG Manufacturers Council chief executive officer…
The Tourism Promotion Authority (TPA) on January 9 said tourism in Papua New Guinea (PNG) is estimated to have generated approximately 550 million kina in…
Labor and Employment Minister Kessy Sawang on January 8 said her department aimed to see higher job creations to lift people out of poverty and…
The Customs Office plans to generate 4.58 billion kina or 24% of the projected tax revenue for 2025, office chief David Towe said on January…
Prime Minister James Marape on January 2 commended the Chinese government for its commitment to strengthening bilateral trade ties by granting Papua New Guinea (PNG)…
The performance of the national economy was disappointing in 2024 despite many promises made by the central government, Institute of National Affairs (INA) executive director…
The National Fisheries Authority (NFA) is expecting high returns in revenue in 2025 when it implements new reforms for the Domestication Policy Plan. Fisheries Minister…
The Internal Revenue Commission’s (IRC) tax collection in 2024 has reached 17.3 billion kina, commissioner general Sam Koim said on December 20. Koim made the…
The Bougainville House of Representatives passed the 2025 Autonomous Bougainville Government (ABG) budget on December 20. ABG Finance Minister Robin Wilson presented the budget statement…
