PM Marape welcomes Westpac Bank’s strong economic report: PNG on path to sustained growth
Prime Minister, James Marape has welcomed encouraging economic indicators highlighted in Westpac Bank’s latest PNG Economic Update.
He described them as further confirmation that Papua...
Lufa Cooperative hits record K27 Coffee price, farmers reap big gains
The Lufa Oliguti Farmers' Cooperative Society (LOFCS) has recorded its highest-ever coffee price since its establishment in 2020, achieving K27 per kilogram for green...
PNG and Australia establish joint project team to progress the Pukpuk connectivity initiative
Supported through the long-running Incentive Fund, a new resource the Australian Government is pleased to announce a Joint Project Team to progress the Pukpuk...
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)...