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
Gedion Timothy
May 12, 2024
Banking and Finance News
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
Gedion Timothy
May 9, 2024
Banking and Finance News
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
Gedion Timothy
April 24, 2024
Oil and Gas News
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
Gedion Timothy
April 24, 2024
Energy News
A recent report, the Asia Pacific Outlook released in April, has highlighted the crippling effects of an unreliable power supply on economic growth in Papua New Guinea's main urban areas.
Gedion Timothy
April 24, 2024
Banking and Finance News
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
Gedion Timothy
April 24, 2024
Banking and Finance News
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