BUSINESS

PM Marape: Revenue jumps from K9.7 billion in 2018 to K17 billion in 2025, economy is diversified with growth

Papua New Guinea’s revenue performance has recorded a significant turnaround over the past seven years, with new data highlighting a sharp increase in tax...

NEA launches 5 new regulations to reform Electricity Sector

The National Energy Authority (NEA) has announced a major regulatory reform aimed at modernizing the country’s electricity sector and strengthening energy security. Speaking during a...

PM Marape assures nation on Fuel security measures amid Global uncertainty

Prime Minister, James Marape has assured Papua New Guineans that the Government is proactively implementing comprehensive measures to safeguard the country’s fuel security and...

Air Niugini is monitoring Global Fuel situation amid Middle East developments

Air Niugini is closely monitoring developments in the Middle East amid growing concerns about potential impacts on global fuel supply and pricing, according to...

PM Marape signals tax cuts as economy nears K200 billion at Eliseo Premium opening

Prime Minister James Marape this evening announced that Papua New Guinea could see a reduction in corporate income tax once the national economy reaches...

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