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Papua New Guinea Prime Minister Peter O’Neill tenders formal resignation

Papua New Guinea's Prime Minister Peter O'Neill has formally tendered his resignation to the country's Governor-General, Sir Bob Dadae, this morning. The resignation paves the way for Parliament to elect a new Prime Minister. Time will tell if it's also the end of the People's National Congress-led government, which has governed  Papua New Guinea since 2011.
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Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll

As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
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