PNG’s China Exports Hit US$232 Million in June, Up 49% on Nickel
Papua New Guinea’s exports to China reached US$232 million in June, a 49% increase on the same month a year
Bougainville Funds 5.5% of Its Budget and Needs K1.3 Billion a Year for Statehood
Bougainville generates K46.74 million in internal revenue against a total 2026 budget of K844.09 million, per figures tabled by ABG
PNG Closes Taiwan’s Office Days After Signing Defense Pact With Australia
Papua New Guinea ordered the immediate closure of Taiwan’s representative office in Port Moresby on 16 July, and the timing
Minister Maru Exposes PNG Power’s K1.2 Billion Cash Insolvency
PNG Minister Richard Maru Exposes PNG Power’s K1.2 Billion Cash Insolvency. Read more here
MRDC Posts K22.1 Million Loss, Defends K29.3 Million Payroll Against a K14.5 Billion Book
Mineral Resources Development Company reported a PGK 22.1 million parent-level loss for 2024, a figure the state-owned trustee company disclosed
Solomon Islands Quietly Rewrote Its Currency Basket. It Took the IMF the Better Part of a Decade to Get There
The Solomon Islands dollar has been pegged to a basket of foreign currencies since October 1998. Sometime before November 2024,
LNG Prices Will Decide Whether PNG’s Fiscal Consolidation Survives 2027
Papua New Guinea’s government has promised to balance its budget by 2027. The global LNG market it depends on to
BSP Holds 63.3% of PNG Deposits. No Rule Caps How Much More
Bank South Pacific controls 63.3% of deposits and 61.2% of lending in Papua New Guinea, according to BSP’s Full Year
Dollar Pegs Are Getting More Expensive to Defend Across the Pacific
Every major currency regime in the Pacific is being tested by the same oil shock at the same time, and
SevisPass Poised to Become PNG’s Most Important Piece of Financial Infrastructure
Papua New Guinea has tried to build a national identity system for more than a decade, and it has mostly
