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According to the Asian Development Bank’s May 2018 update, contracts for the US$800 million (K2.5 billion) multi-tranche funding to rehabilitate Papua New Guinea’s 430km highlands highway will be awarded between August and September.
The Ramu 2 hydro power station looks to be on track, Mining Minister says there is interest again in Solwara 1 deep sea mining … [Read More...]
Papua New Guinean employers are bracing for a fierce battle to attract and retain skilled workers. While the skills base in … [Read More...]
The Bank of Papua New Guinea to increase monthly forex release by US$40 million, Kumul Petroleum Holdings to supply energy to … [Read More...]
Papua New Guinea relies heavily on a limited number of taxpayers. Paul Barker, Executive Director of industry-funded think tank, … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as at 22 March, 2023
USD 0.2840
AUD 0.4244
GBP 0.2323
EUR 0.2637
NZD 0.4577
JPY 37.61
SGD 0.3796Source: Bank of PNG
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