Papua New Guinea

Economics · 18 Oct 2026

Pacific Resilience Facility Has US$10m in the Bank Against US$190m Pledged

The Pacific Resilience Facility had US$10m in deposits in September against pledges now at US$190m. Leaders want US$500m by year-end.

Markets · 7 Oct 2026

Kina Down 17.7% Against Australian Dollar in 16 Months Despite September Bounce

The kina bought 38.01 Australian cents in May 2025. By September 2026 it bought 31.27 cents, according to Exepreneur’s analysis of Bank of Papua New Guinea…

The CEO Series · 27 Aug 2026

Air Niugini CEO Allan Milne’s Plan to Turn the Airline Into a Pacific Aviation Hub

Air Niugini CEO Allan Milne plans to cut the fleet to three aircraft types and turn Port Moresby into a Pacific transit hub.

Markets · 15 Jul 2026

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 get there is heading into the…

Finance · 10 Jul 2026

Australia Is Spending Big to Keep Fiji Close. Here’s What AUD $150 Million Actually Buys

For years, China courted Fiji’s ports. Now Australia is trying to make sure it never gets the chance. Since 2019, Canberra’s Australian Infrastructure Financing Facility for…

NEWS & ANALYSIS · 8 Jul 2026

Papua New Guinea’s US$28 Billion Wafi-Golpu Mine: Ten Years, Zero Signatures

A US$28 Billion Project. Ten Years Since the Lease Application. Zero Signatures on the Contract That Matters Port Moresby will hear, again this year, that Wafi-Golpu…

NEWS & ANALYSIS · 7 Jul 2026

TotalEnergies Bets $14 Billion on PNG. Twenty-Nine Banks Just Said No

Patrick Pouyanné has a number now, and he is not backing down from it. “We are around $14 to $15 billion, not at $18 billion, not…

NEWS & ANALYSIS · 2 Jul 2026

PNG Is Not in Crisis, Marape Insists. But The Numbers Tell a Totally Different Story

Prime Minister James Marape has a message for the nation, and he wants it heard clearly. “Papua New Guinea is not in crisis. The country is…

NEWS & ANALYSIS · 2 Jul 2026

PNG Puts K13.5 Million Behind Its FATF Exit, With 90 Days on the Clock

Papua New Guinea has allocated K13.5 million to support its exit from the Financial Action Task Force’s grey list, with less than 90 days remaining until…

Finance · 24 Jun 2026

Papua New Guinea Has 18 Steps Left to Exit the Global Financial Watchdog’s Grey List. The Hard Part Is Still Ahead.

The Pacific nation has cut its anti-money laundering compliance burden from 75 items to 18. But with international banks watching and billions in trade flows at…