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Papua New Guinea businesses still face serious forex delays, despite interventions

23 May 2024 by 1 Comment
PNG banks and businesses tell Business Advantage PNG of considerable variation in wait times for foreign exchange, as the country's central bank acknowledges the economic damage caused. We look at the prospects for improvement.
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No quick fix to Papua New Guinea’s law and order issues but reforms are under way, says Deputy Prime Minister

22 May 2024 by 1 Comment
More police, prosecutors and magistrates, including some brought in temporarily from other Commonwealth countries, are key components of law and order reforms being pursued by Papua New Guinea’s government, according to Deputy Prime Minister John Rosso.
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Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

24 Apr 2024 by 7 Comments
PNG CORE has come out with serious objections to the government’s proposed National Gold Corporation Bill. We take a closer look at the legislation and what it could mean for the country's second most valuable export.
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Papua New Guinea faces higher fuel prices as shortages continue

29 Feb 2024 by Leave a Comment
Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy's operations in the country. Meanwhile, short-term solutions are being put in place.
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