The economy in Papua New Guinea is forecast to expand by four percent in 2022, up from one percent in the previous year, according to the latest World Bank Economic Update, released today. This return ...

Pacific Island Bougainville's Independence Path Relies on Economy, Says PNG's Marape By Kirsty Needham SYDNEY (Reuters) - Bougainville must be able to fund at least half of its budget if the ...

THE European Union considers Papua New Guinea as a strategic partner in the Indo-Pacific Region. This recognition comes ...

Papua New Guinea Prime Minister James Marape said on Thursday his nation's economic growth would make Australia more secure, but that it also could not ignore the opportunities China that offered.

Papua New Guinea’s economy is set to grow by 4.7 percent in 2025, well above its historical average, driven by rising gold and copper production and a strong recovery in agriculture. But amid global ...

Papua New Guinea faced various economic challenges in 2023, including disruptions to critical services and pressures from an International Monetary Fund financing program. But the economy is expected ...

The PNG government says it's looking at $2 billion in earnings from cash crops thanks to high global prices for cocoa.

In a X (earlier Twitter) post, Puri wrote, "As a part of our focus to accelerate oil & gas exploration under the leadership ...

The economy picked up 143,000 jobs in January, a slower but solid pace to start the new year, even as the California fires and data revisions to employment figures weighed on the job gains.

Secondly, PNG is interested in learning from China's experience in developing special economic zones. It is attempting to establish several special economic zones to boost its own economic ...

The ADB and RMIT study proposes using recycled plastic waste in Papua New Guinea’s road construction to tackle mounting pollution while enhancing infrastructure durability. It outlines a circular ...

Gas Price News: Oil and gas regulator PNGRB regulates the transmission tariffs for natural gas pipelines and these are fixed to provide a 12 per cent normative return on capital employed.