Papua New Guinea

Finance · 10 Oct 2025

Internal Revenue Commission Projects Mining Sector Tax Revenue to Hit K2 Billion in 2025

Papua New Guinea’s mining sector is a cornerstone of the nation’s economy, representing roughly 12 to 15 percent of the country’s Gross Domestic Product (GDP) and…

Finance · 1 Oct 2025

Papua New Guinea Approaches FATF Grey List: What it Means for Business, Government, and Citizens

Papua New Guinea (PNG) is rapidly moving toward being placed on the Financial Action Task Force’s (FATF) grey list by February 2026, a development that has…

The Women Series · 1 Oct 2025

Rooted in Nature: Ruth Bihoro’s Journey in Sustainable Eco-Tourism and Community Empowerment in Morobe

Eco-tourism is evolving rapidly on the global stage in 2025, driven by growing awareness of climate change, sustainability, and ethical travel. Key trends include a shift…

Finance · 14 May 2025

A Closer Look at Jaindi Exports and Its Plan to Build a Massive Content Processing Plant in Madang, PNG

Madang, PNG-Jaindi Export Pvt Limited, a Sri Lankan coconut product manufacturer, aims to reshape Papua New Guinea’s coconut industry with a massive processing plant in Madang.…

Finance · 6 May 2025

Westpac Bank Reports $3.5 Billion Net Profit for First Half of 2025 Financial Year

Key Points Net profit: $3.5 billion, down 1% from last year. Interim dividend: 76 cents per share. Total loans: $825 billion, up 5%. Customer deposits: $697…

Finance · 14 Jan 2025

Scam or Lifeline? Govt-Backed Niucare Scheme Altered Due to Public Backlash

The introduction of the Niucare Life Insurance Policy in Papua New Guinea (PNG) has received a harsh backlash across the country and overseas. While the initiative…

Economics · 11 Jan 2025

The 2025 Economic Growth Projections for Papua New Guinea

Growth Rates Papua New Guinea (PNG) is projected to experience notable economic growth in the coming years, with an expected increase of 3.3% in 2024 and…

Finance · 19 Jun 2024

Kina Securities Reports Fraud with Losses Expected to Reach K12-K15 Million

Kina Securities Limited (KSL) has reported a customer fraud incident that is expected to cost an aggregate loss in the range of K12 to K15 million…

Economics · 12 Apr 2024

Papua LNG Project Faces Delay, Final Investment Decision Pushed to 2025: Impact on Economy Uncertain

Key Points Papua LNG has been delayed. FID pushed to 2025 The impact of the delay on PNG’s economy is a mixed bag TotalEnergies remains committed…