Growth of 3.3 percent Expected in Papua New Guinea in 2024, 4.6 percent in 2025 — ADB
The economy of Papua New Guinea (PNG) is expected to improve in 2024 and 2025, according to the Asian Development Outlook (ADO) April 2024, ADB’s flagship economic publication. The positive outlook is driven by
PM Marape announces key appointments to the Bank of Papua New Guinea
Former CEO of Bank of South Pacific(BSP) Sir Robin Fleming has been appointed to serve on the Bank of PNG Board. He joins Mark Baker, who served as the Country Head for ANZ Bank, and Dairi Vele, the former Treasury
Nine percent interest for PNG National Superannuation Fund members
Papua New Guinea’s National Superannuation Fund (Nasfund) Trustee Board has approved a nine percent increase on members crediting rate for the financial year of 2023. This will result in a distribution of more
Mobil will supply fuel in PNG: Managing director
Fuel supplier Mobil Oil New Guinea Limited is committed to supplying fuel to the country during the current fuel crisis, says ExxonMobil PNG managing director Tera Shandro. “For the past 102 years, an ExxonMobil
‘Seafarer Graduates Snapped Up by Maritime Companies’
Seafaring officers in Papua New Guinea are no sooner graduating from their cadetships than being snapped up by maritime companies keen to fill gaps in their workforces. Take for example, recent graduates of the Deck and
Black Wednesday: PNG’s Tinder Box explodes
Papua New Guinea’s capital, Port Moresby, is recovering from looting and burning of businesses in its National Capital District (NCD) after members of the PNG Police Force went on strike last month. “Black
PNGUoT engineering programs on track for full accreditation
The Papua New Guinea University of Technology (PNGUoT) is leading the way in engineering education and making a global impact. As the sole provider of diverse engineering programs in PNG, PNGUoT possesses a legacy of
Papuan Coast Maiden Voyage: Consort Express Lines invests in the Expansion of its Fleet and Reinforces Commitment to PNG’s Development
Consort Express Lines (Consort) proudly announces the latest addition to its fleet – MV Papuan Coast. The vessel, formerly known as MV Dili Chief, has now been seamlessly integrated into Consort’s liner
Disciplinary charges for 50 PNG Police officers involved in black Wednesday civil unrest
Fifty police personnel allegedly involved in the 10 January civil unrest in Port Moresby will be facing disciplinary charges, says Papua New Guinea police commissioner David Manning. The decision was based on an
Will Smith sails into PNG’s Rabaul Harbour
Many anticipated the arrival of Hollywood actor Will Smith to Kokopo would be via a private plane, however, with all eyes peeled towards Tokua, the Fresh Prince of Belair opted to cruise into Rabaul Harbour on Tuesday
PNG eyes China for more ‘cheaper’ loans
Cheaper loans will be a key agenda for PNG officials when Prime Minister James Marape leads a delegation of government and business leaders to China for bilateral talks next week. The Post Courier said Treasurer Ian
Double earthquake hits Madang province
A double earthquake hit Madang last night, causing damage to lives and properties at a cost that would be confirmed this week. The epicentre was around the Bibi area near Saidor government station in Rai Coast district.
Opinion: Regenerate forests and save humanity
“The era of global boiling has arrived,” UN Secretary-General, Antonio Guterres, recently warned. It looks as if the climate change tipping point has been activated and all hands are required on deck to mitigate the
Opinion: Kikibakiki – Reflections on PNG at 48
We sat down in the forever blackout Port Moresby city, I hear the neighbours playing the famous Saugas song, Sindaun Bagarap, echoing the windy night, and buai buyers complaining about the hike in the prices,
PNG’s foreign reps irk governor
Papua New Guinea’s Northern Governor Gary Juffa has raised concerns over foreigners representing Papua New Guinea to address the issue of climate change. “At a recent United Nations Framework Convention on
The beauty, and power of bilas
Australian Museum highlights PNG culture In the darkened spaces of the Australian Museum in Sydney, birdsong and chanting voices echo. Rounding a corner, you are surrounded by the illuminated faces of Papua New Guinean
The business of bilas
Caleb Jarvis’ passion for Papua New Guinean art and craft started when he lived there as a young child, surrounded by, as he describes them, historical, functional, cultural and spiritual objects. “I lived in an
Bougainville results to be tabled in PNG parliament this year
Bougainville Affairs Minister Manasseh Makiba says the referendum results will be tabled in Parliament before the end of the year. “In accordance with section 342 of the Constitution, the minister responsible for
Not so innocent bystanders
Policymakers in the Pacific Islands have been urged to consider adopting laws requiring bystanders to report online violence against women and girls. The suggestion comes from an Online Bystander Report by the
‘PNG Company Increases Ocean Towage Services’
Pacific Towing (PacTow) is increasingly performing ocean towages, including outside of its home country of Papua New Guinea and broader Melanesia. Recent months have seen the marine services company perform two
Research for Development of an Indigenous Nut Industry
The National Agricultural Research Institute (NARI) of Papua New Guinea (PNG) is taking a whole value chain approach to developing an agricultural industry of an indigenous nut commonly called galip from the tree
EIB to deepen Pacific footprint
The newly opened European Investment Bank office in Suva will build on pipeline projects, including a planned hydropower plant in Fiji, a major water and sanitation project in Timor-Leste, rehabilitation and greening of
‘PNG Grows Oil Spill Response Capacity’
The National Maritime Safety Authority (NMSA) of Papua New Guinea has further improved the country’s oil spill response capabilities. February saw senior representatives from key maritime stakeholders attend