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.
Essential reading for Papua New Guinea-focused executives
Editor’s picks
Flannery leads program for 2018 Papua New Guinea Investment Conference
Eminent scientist Professor Tim Flannery will be one of the key speakers at this year's Business Advantage Papua New Guinea … [Read More...]
Kina to acquire ANZ’s retail and commercial/SME businesses in Papua New Guinea
ANZ Bank and Kina Bank have announced they have entered into an agreement for ANZ to sell its retail and … [Read More...]
Five questions for climate expert Professor Tim Flannery
The 2016 Paris Agreement, to which Papua New Guinea is a signatory, has committed governments across the globe to a low carbon … [Read More...]
In brief: China offers to host Pacific leaders meeting, and other business stories
China offers to host Pacific leaders meeting, NCS awarded gender equality certification, and Samaritan Aviation to bring a second … [Read More...]
Kina exchange rate
The Papua New Guinea kina’s exchange rates (mid-rates) against its main trading currencies, as at 13 July, 2018
USD 0.3030
AUD 0.4086
GBP 0.2300
EUR 0.2599
NZD 0.4475
JPY 34.12
SGD 0.4132
Source: Bank of PNG
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