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Minister Maru Unveils New Sugar Mill ~ A Sweet Future for Papua New Guinea

PAPUA NEW GUINEA (PNG) is poised for a significant economic transformation with the launch of the Cocoland Sugar Development Project in...

East New Britain Unveils Major SEZ Plans

East New Britain Province is poised for significant economic growth with the announcement of two new Special Economic Zones (SEZs):...

Ensuring Good Corporate Governance & Transparency Through Public Sector Audit Program

Empowering Financial Inclusion ~ Women’s Micro Bank Opens Fifth Branch in Kerema

GOVERNOR Elizabeth Genia of the Bank of Papua New Guinea officially inaugurated the Women’s Micro Bank (WMB) Branch in Kerema early in...

MRDC and Twinza Seal Agreements on Pasca A Project

MINERAL Resources Development Company Limited (MRDC) and Twinza Oil Limited (Twinza) proudly announced the execution of agreements for...

Advancing Green Finance ~ Strengthening Papua New Guinea’s Climate Resilience

THE Bank of Papua New Guinea (BPNG) recently welcomed a distinguished delegation from New Zealand to discuss pivotal strides in green...

Cocoland Sugar Development Limited to be a Special Economic Zone in Abau, Central Province

IN a move aimed at bolstering Papua New Guinea’s (PNG) economy and fostering international investment, the Minister for International...

PNG Customs’ Vigilance ~ A Triumph in the Fight Against Counterfeit Imports

PRIME Minister Hon. James Marape recently lauded the exceptional efforts of PNG Customs in Port Moresby for their remarkable success in...

Kumul Petroleum Makes Historic Leap into Spot LNG Market

KUMUL Petroleum Holdings Limited has announced its foray into the spot market for Liquified Natural Gas (LNG), marking a significant...

Papua New Guinea Prime Minister Seeks Japanese Engagement for Papua LNG Project Papua Project

PAPUA NEW GUINEA Prime Minister Hon. James Marape has set his sights on engaging in discussions with Japanese Prime Minister Hon. Fumio...

USD 120 Million Tourism Surge: PGK 414 Million Revenue for Papua New Guinea in 2023

THE Tourism Promotion Authority (TPA) has revealed that Papua New Guinea experienced a tourism windfall in 2023, generating a total...

Charting Progress ~ IMF’s Insights on Papua New Guinea’s Economic Future

IN a recent update shared by the International Monetary Fund (IMF) Country Head, Mr. Sohrab Rafiq, critical insights into the progress of...

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