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...
PNG to host APEC 2033, eyes UAE partnership
Prime Minister James Marape yesterday announced that Papua New Guinea will host 2033 APEC Leaders’ Summit in the country, following its first hosting in...