BUSINESS

PNG moves to open airspace to UAE as direct Dubai-Port Moresby flight considered

Papua New Guinea is moving towards opening its airspace to an airline from the United Arab Emirates, says Prime Minister James Marape. Speaking to local...

Bank of PNG directed to explore Yuan as trade currency alternative to US Dollar

The Bank of Papua New Guinea has been instructed to explore currency diversification policy options, including the possible use of the Chinese Yuan (CNY)...

Prime Minister Marape assures nation on Fatf Grey Listing, says PNG ready to exist quickly

Prime Minister, James Marape has assured Papua New Guineans that the Government is fully prepared to respond decisively should the country be placed on...

Prime Minister Marape explains government policy on kina and foreign exchange

Prime Minister James Marape has addressed public concerns regarding recent movements in the Papua New Guinea kina against the United States dollar, saying the...

Kina depreciation boosts farmers, exporters as gov’t seeks relief incentives for importers: PM Marape

Prime Minister, James Marape says the depreciation of the Kina is benefiting farmers and exporters, but his government is working to balance gains for...

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