PNG leading retailer CPL Group has announced its financial results for the first half of the year, highlighting a 13% decline in revenues, totaling K239.5…
Implementation Of The National Tuna Domestication Strategy (NTDS) Vital For PNG To Become a Major Tuna Processing Hub In The Asia-Pacific Region
Fisheries and Marine Resources Minister Jelta Wong has announced that the National Tuna Domestication Strategy (NTDS) will be officially launched in the first quarter of…
NEA Unveils First Corporate Plan 2023-2027: Paving the Way for Papua New Guinea’s Energy Future
By Roselyn Erehe The National Energy Authority (NEA) has officially introduced its Corporate Plan for 2023-2027, marking a pivotal moment for the energy sector in…
PNG Customs Reports Strong Mid-Year Revenue Growth Amid Economic Challenges
By Roselyn Erehe Papua New Guinea (PNG) recently hosted significant summits, among which the 2024 IPA Regulators Summit in July stood out. This gathering provided…
Tisa Community Finance Transforms into TISA Bank: A New Era in Banking for Papua New Guinea
Tisa Community Finance Limited (TCF) has officially rebranded as TISA Bank following the recent grant of a banking license by the Bank of Papua New…
NGIP Agmark Ltd Reports Robust Growth and Declares Interim Dividend
NGIP Agmark Limited (NGP) has announced notable growth in its financial performance for the first half of the year ending June 30, 2024, attributing this…
Credit Corporation Reports Strong Financial Performance for H1 2024 Amid Strategic Transformation
Credit Corporation has announced its financial results for the first half of the financial year 2024, revealing significant growth in critical performance indicators. For the…
Papua New Guinea Among FFA Nations Criticized for Blocking Transparency in Tuna Fisheries Governance
Accountability.Fish, a global non-governmental organization focused on enhancing transparency and accountability in international fisheries governance, has issued a strong critique of the Western Central Pacific…
IRC Investigation Uncovers Significant Tax Evasion by Healthcare Company
In its ongoing move to combat tax evasion, the Internal Revenue Commission (IRC) of Papua New Guinea has launched an investigation into a leading healthcare…
Gary Seddon Appointed as Chief Executive Officer of Air Niugini
Air Niugini, the national flag carrier, today announced the appointment of Gary Seddon as its Chief Executive Officer, with the Board expressing confidence in further…