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PNG urged to guard against US trade risks

PAPUA New Guinea must be vigilant and manage exposure to the United States trade policies, says Manufacturers Council of PNG president Chey Scovell. Scovell said that PNG must advocate for fairer trade rules, diversify its partnerships and build...

LAE WOMEN’S ECONOMIC EMPOWERMENT EXPO

LAE WOMEN’S ECONOMIC EMPOWERMENT EXPO

A two-day Women’s Economic Empowerment Expo held in Lae aimed to promote economic opportunities for women in the province. The Centre for Excellence in Financial Inclusion (CEFI) participated in the Expo as a silver-level sponsor with 100 small...

TISA BANK TO OPEN NEW BRANCH IN WEWAK

TISA BANK TO OPEN NEW BRANCH IN WEWAK

Since its launching as a commercial bank in 2024, the new TISA Bank is quickly expanding its operation across Papua New Guinea, covering and serving its customers in all four regions made possible through its already existing Teachers Savings and...

Weekly property review: Carbon co-existing on Conways

Weekly property review: Carbon co-existing on Conways

Cattle on Conways Station, south of Darwin MANY rural property owners appear to have been sold the dream of producing carbon but have been left unsure about how to navigate the way forward. This week’s property review shines a spotlight on the...

Trend Micro invests in Pacific as regional cybersecurity surges

Trend Micro invests in Pacific as regional cybersecurity surges

Trend Micro is increasing its investment in the Pacific Islands after reporting 150% growth in the region during the last three years. The company's enhanced commitment follows its inaugural World Tour event in Suva, Fiji, where senior government...

Editorial: Mergers and acquisitions activity in Papua New Guinea set to increase

Editorial: Mergers and acquisitions activity in Papua New Guinea set to increase

The PNG LNG project: one of the jewels “in the crown” of Santos’ portfolio, according to its Chairman, Keith Spence. Credit: Santos This is a busy period for Papua New Guinea’s Independent Consumer and Competition Commission (ICCC), which is...

Developer Craig Smith mixed hard-nosed business with generous heart, global curiosity

Developer Craig Smith mixed hard-nosed business with generous heart, global curiosity

Craig McCormick Smith was sick, and his oldest daughter was getting ready for a scuba-diving trip in Papua New Guinea. She jokingly told him nothing could get her to cancel the vacation, but his response was serious: “Go.” Though Smith spent...

Economic Growth Ahead For Papua New Guinea, But Agriculture Reforms Key To More Jobs And Sustained Prosperity

Economic Growth Ahead For Papua New Guinea, But Agriculture Reforms Key To More Jobs And Sustained Prosperity

World Bank’s Economic Update finds strengthening the agriculture sector will spur opportunity and diversify growth PORT MORESBY, June 30, 2025 - Papua New Guinea’s economy is set to grow by 4.7 percent in 2025, well above its historical average,...

Papua New Guinea hosts 42nd Green Climate Fund Board Meeting

Papua New Guinea hosts 42nd Green Climate Fund Board Meeting

Prime Minister James Marape and Climate Change and Development Minister Simo Kilepa arrive at APEC House where the PM will open the 42nd Green Climate Fund board meeting (NBC News) Papua New Guinea through the Climate Change and Development...

Green Climate Fund approves a record $300 million for FAO-designed projects in Papua New Guinea, Saint Lucia and the Sahel

Green Climate Fund approves a record $300 million for FAO-designed projects in Papua New Guinea, Saint Lucia and the Sahel

Port Moresby/Rome - The Green Climate Fund (GCF) has approved projects worth more than $300 million that will protect forests in Papua New Guinea, promote sustainable fisheries in Saint Lucia, and help grow Africa’s Great Green Wall. The...

PNG’s growing reputation in Global financial space recognised

PNG’s growing reputation in Global financial space recognised

Papua New Guinea’s growing reputation in the global financial space, particularly in financial inclusion and Fintech space, was recognized throughout 2024. This is according to the recently released annual report from the Bank of Papua New Guinea...

Trading knowledge—not wares: Archaeological study sheds light on women's overlooked role in Papua New Guinea sea trade

Trading knowledge—not wares: Archaeological study sheds light on women's overlooked role in Papua New Guinea sea trade

by Robert Skelly, Barbara Etschmann, Chris Urwin, Joël Brugger, Teppsy Beni, The Conversation Australia's closest neighbor, Papua New Guinea, is a place of remarkable cultural diversity. Home to cultures speaking more than 800 languages, this...

Genia: Central bank amendment Act 2024 a milestone

Genia: Central bank amendment Act 2024 a milestone

The passing of the Central Banking (Amendment) Act 2024 was a milestone for the Bank of Papua New Guinea (BPNG), according to Governor Elizabeth Genia. Ms Genia highlighted this in the Bank of Papua New Guinea Annual Report 2024. Ms. Genia said...

Investment in people a priority for Central bank

Investment in people a priority for Central bank

Investment in its people, culture, and institutional values has always been a priority for the Bank of Papua New Guinea (BPNG). Governor Elisabeth Genia highlighted this in the Bank’s 2024 annual report. “Over the years, staff across the Bank...

Rosso removes more foreign nationals for permit breaches

Rosso removes more foreign nationals for permit breaches

A FURTHER thirty-seven foreign nationals have been removed from Papua New Guinea this month as the National Government steps up its efforts to ensure compliance with visa and work permit conditions, said Deputy Prime Minister John Rosso. Mr Rosso,...

Chamber urges locals to participate in resource, energy sector

AS Papua New Guinea’s resource and energy sector continues to grow, the need for strong, capable local suppliers has never been more critical, according to the PNG Chamber of Resources and Energy. Chamber president Anthony Smaré said that with...

What does the declaration of a National HIV Crisis mean for Papua New Guinea?

What does the declaration of a National HIV Crisis mean for Papua New Guinea?

The Government’s recent declaration of a National HIV crisis is not just an announcement. It is a acknowledgment of a severe resurgence of infections with far reaching implications for the nation’s already stretched resources. The declaration is...

Papua New Guinea welcomes UAE-backed takeover of Australian oil and gas giant

Papua New Guinea welcomes UAE-backed takeover of Australian oil and gas giant

Santos is one of the largest and oldest Australian producers of oil and gas. Photo: Facebook / Santos Ltd Papua New Guinea has expressed excitement about the prospect of Dubai-owned investment firms taking over Australian oil and gas giant Santos...

PNGX, CTSL And PNGHRI Empower Over 350 HR Professionals With Financial Literacy Training

PNGX Group Limited (PNGX Group), the holding company of Papua New Guinea’s national stock exchange, in partnership with Comrade Trustees Services Limited (CTSL) and the PNG Human Resources Institute (PNGHRI), has delivered transformative financial...

City in chaos as opportunists retaliate for alleged PMV crew stabbing

PORT Moresby’s central business district descended into chaos yesterday as a rampaging mob tore through Hanuabada village, Downtown, Ela Beach, Koki, Badili and 2-Mile as they attacked, looted and terrified residents in broad daylight. Police...

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