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Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
While Papua New Guinea's tourism sector is still rebounding from COVID-19, a new strategy for the sector, plus key infrastructure … [Read More...]
There’s every likelihood that a takeover of Newcrest Mining by Newmont Corporation will be completed by the end of this year. But … [Read More...]
Four-star, yet affordable: Rangeview Grocer is the jewel within recently opened Rangeview Plaza in the heart of … [Read More...]
Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as at 26 May, 2023
USD 0.2820
AUD 0.4329
GBP 0.2286
EUR 0.2627
NZD 0.4646
JPY 39.39
SGD 0.3814Source: Bank of PNG
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