Bougainvillians returning from seasonal work in Australia are leveraging their newly acquired skills and earnings to launch agricultural projects and businesses within their communities. Recently,…
Twinza’s Pasca A Gas Project on the cards to boost PNG Economy: PM satisfied with Progress
Prime Minister James Marape yesterday convened with State Lead Negotiator Dairi Vele yesterday to discuss key developments related to the Pasca Gas Condensate Project, located…
Kina Asset Management Ltd Declares Record Interim Dividend for 2024
Kina Asset Management Ltd (KAML) has announced a historic interim dividend of 20 toea per share for the half-year ending 30 June 2024, following a…
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…
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…
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…
State Launches Pre-CDA Awareness Program For Wafi-Golpu Project
The Government has launched a pre-Community Development Agreement (CDA) awareness program in Lae, focusing on the transformative Wafi-Golpu mining project, poised to reshape Papua New…
Inclusive Economic Participation: Prime Minister Marape Launches 2024 Papua New Guinea Investment Week
In a significant advancement towards inclusive economic participation, Prime Minister James Marape today announced the rebranding of the PNG Resources & Energy Investment Conference and…
PNG Treasurer Ian Ling-Stuckey Counters BSP’s 8.5% Annual Devaluation Prediction, Advocates for Gradual Currency Adjustment
In a strong rebuttal to the Bank of South Pacific’s recent prediction of an 8.5% annual devaluation of the Kina, Treasurer Ian Ling-Stuckey emphasized the…