- 06 / 18 : Kumul Petroleum presents K1 million towards Mulitaka Disaster Relief
- 05 / 12 : PNG Makes Strides Towards Stronger Credit Rating, Boosting Economic Prospects
- 05 / 09 : PanAust Delegation Holds Talks with PNG Prime Minister on Sepik Development Project
- 04 / 24 : Bank of Papua New Guinea Forecasts Inflationary Pressures for 2024
- 04 / 24 : MRDC Concludes Clan Bank Account Awareness Exercise for Hides PDL1 Beneficiaries in PNG LNG Project
Kumul Petroleum Holding Limited has made a significant contribution to the ongoing disaster relief effort in Mulitaka, Enga Province, by presenting a cheque for K1 million to Hon. Peter Ipatas,
Minister Assisting the Prime Minister on Treasury matters Ian Ling Stucky has reported an improved credit rating for Papua New Guinea from a negative B2 to positive B2. This announced
A delegation from PanAust recently met with Papua New Guinea Prime Minister James Marape to discuss the economic implications of the Sepik Development Project. The project, which includes the Frieda
The Bank of Papua New Guinea has released its Monetary Policy Statement for Quarter 1 2024, projecting an increase in inflationary pressures for the year ahead. This forecast is attributed
The Mineral Resources Development Company (MRDC) has successfully concluded an Awareness Exercise on the Clan Bank Account Opening for the Hides PDL1 beneficiaries in the PNG LNG Project in Hela
Prime Minister and Treasurer, James Marape, expressed his warm welcome to Mayur Resources Ltd for securing US$155 million (K540 million) to finalize the Central Lime Project (CLP) in Kido, Central
Ok Tedi Mining Limited (OTML) has achieved a significant milestone with a record production result for the first quarter of 2024. The company reported an outstanding achievement of 26,114 dry
Following completion of the Frieda River Project Environmental Impact (EIS) roadshows, the head of Government’s environment regulatory agency Mr. Jude Tukuliya has made a unique site visit on the borders
Kina Bank has declared a handsome net profit of K105.2 million for 2023. The profit represents a decrease of 0.8 percent relative to 2022 due to tax increase commencing January,
Amid major changes to its company leadership in 2023, the Ok Tedi Mining has paid K450 million. The SOE announced that the final dividend of K350 million was paid on
Prime Minister James Marape expressed his support for the newly formed Independent Commission Against Corruption (ICAC) today, heralding it as a significant milestone in the fight against corruption. The commission
The New Porgera Limited (NPL), company responsible to further develop gold body at Pogera valley in Enga today announced it lodged an application with the Mineral Resources Authority (MRA) for
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EXPERT COMMENTARY
DEBT ISSUES IN PAPUA NEW GUINEA – PRACTICAL SOLUTIONS
The issue of debt, particularly the fear of it inducing Papua New Guinea bankrupt to the extend of surrendering sovereign rights to creditors has been a source of public anxiety
AUSTRALIA AND NEW ZEALAND IN THE PACIFIC: THE DIFFERENCE IS MIGRATION POLICY
By Patrick Köllner During her recent visit to Fiji, new Foreign Minister Penny Wong announced that the Australian government would create a Pacific Engagement Visa, providing a pathway to permanent
EXTRACTIVE TRANSPARENCY COMMISSION BILL PROGRESSING WELL
By GEDION TIMOTHY The extraction of minerals such as gold, copper, zinc and petroleum resources such as liquefied natural gas is complex and challenging. The complex and challenging environment presents
PAUL BARKER ON PROPOSED AMENDMENT TO THE PNG CENTRAL BANKING ACT
Rumors have been floating lately that Government has proposing some changes to the Central Banking Act which would give the executive Government powers to print money as and when needed.