The latest market, economy, central-bank, policy and company stories from Papua New Guinea, updated every 15 minutes. Last updated 19 October 2026.
| GDP growth (2025) | 5.6% | Fast growth. |
| Inflation (2025) | 4.4% | Above the usual central-bank targets. |
| Unemployment (2025) | 2.6% | Low: the job market is tight. |
| GDP per person (2025) | $3,020 | Average output per person: a rough measure of how wealthy a country is. |
| Current account (2024) | +15.5% of GDP | Surplus: earns more from abroad than it spends. |
Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.
In a historic milestone for Papua New Guinea’s maritime sector and national ocean governance, the National Parliament on Wednesday overwhelmingly voted by an absolute majority to ratify eleven (11) vital International Maritime Organization (IMO) treaties and protocols dedicated to marine environmental protection…
The Minister for Petroleum Jimmy Maladina has responded to concerns raised by Opposition Leader James Nomane regarding expenditure associated with the Papua LNG Development Forum.
The Board of Directors of Manufacturers Council of Papua New Guinea (MCPNG) announced that Mr Chey Scovell will be stepping down as Chief Executive Officer (CEO) effective October, 16th 2026, following 19 years of distinguished service to the Company.
Department of National Planning and Monitoring (DNPM) Acting Secretary Roger Kara has called on provinces and districts to take ownership of tourism development to create jobs, stimulate local businesses and improve livelihoods.
Fewer than half of the national targets set to protect the world’s plants, animals and ecosystems are on track, the UN warns in a new report, days before countries gather in Yerevan, Armenia, for the COP17 biodiversity conference.
As the host district of the existing PNG LNG plant site, Hiri-Koiari shares a long and highly successful history with ExxonMobil PNG. Web, Web – One-Day, Web – 14-Day, Web – One-Month, Web – Three-Month, Web – Six-Month, Web – Annual, Web & eBook, Web & eBook – One-Day, Web & eBook – 14-Day, Web & eBook – One-Month…
Coconut-puts, rather than shotputs, bamboo stick throws, rather than javelin throws, were features of the program at the Port Moresby Teachers' College sports carnival yesterday.
The Minister for Petroleum Jimmy Maladina has welcomed the formal transfer of operatorship of the Papua LNG Project from TotalEnergies EP PNG Limited to ExxonMobil PNG Antelope Limited, effective 15th October 2026.
Emerging businesses (SMEs) across Papua New Guinea are set to benefit from greater access to digital tools, connectivity, and banking solutions through a new collaboration between BSP and Digicel PNG.
THE Hiwa/Koma tribe (ILG-No 9025) in the PNG-LNG project site in Tari, Hela Province (PDL 1) has claimed that they have been left out from the landowner identification and benefit haring process in the last 30-plus years.
Sixty-two Morobe entrepreneurs have completed business training aimed at strengthening their operations and helping them reach markets in Papua New Guinea and overseas.
Prime Minister James Marape has defended the Government’s reforms to the functions of Treasury, Finance and National Planning, assuring Parliament that efforts to exit the Financial Action Task Force (FATF) grey list will remain uninterrupted, while reaffirming plans to deliver a balanced National Budget in 2027.
Air Niugini hosted members of the Young Port Moresby Chamber of Commerce and Industry (YPOMCCI) at its Flight Deck facility in Port Moresby last Thursday, providing an opportunity for young professionals and emerging business leaders to gain insights into the airline’s transformation, future direction and commitment…
ExxonMobil PNG Antelope Limited (EMPNGA), an affiliate of Exxon Mobil Corporation, has formally assumed operatorship of the Papua LNG Project following an agreement reached by the project’s co-venturers TotalEnergies, Santos, and ENEOS Xplora in September.
A heated debate erupted on the floor of Parliament today after Opposition Leader and Chuave MP James Nomane questioned Energy Minister Thomas Opa over the K80 million already spent on the ongoing Papua LNG Development Forum while many districts are still awaiting development and El Niño funding.
Prime Minister James Marape has welcomed the announcement of more than K25 million in dividend payments to approximately 23,000-unit holders of the Pacific Balance Fund (PBF), describing the development as an encouraging outcome of efforts to restore accountability, strengthen management and protect the investments of…
Chief Secretary Ivan Pomaleu says Papua New Guinea is slightly ahead on election funding for the 2027 National Elections compared to 2022, despite significant delays in preparations.
The Special Parliamentary Committee on the 2027 National Elections has made a public disclosure that it consulted Professor Dr Nicole Haley in Canberra as an expert while writing its report but has had no private meetings with her since her appointment as Electoral Commissioner.
Permanent Parliamentary Committee on Elections Chairman Allan Bird has told the Chief Secretary to take control and issue a whole-of-government directive to use all government-owned vehicles for the 2027 National Elections, instead of wasting an estimated K200 million on hire cars.
The Permanent Parliamentary Committee on Elections has successfully conducted a follow up inquiry to receive updates on preparations for Papua New Guinea’s 2027 National General Election on Friday, 9 October 2026 in Port Moresby.
The Royal PNG Constabulary has only received K23 million of its K442 million budget submission for the 2027 National Elections, Deputy Commissioner Administration Dr. Philip Mitna told a Permanent Parliamentary Committee on Elections on Friday, 09 October 2026.
The Independent Consumer and Competition Commission (ICCC) is reviewing the impact of recent fuel price increases on ordinary Papua New Guineans, ICCC Commissioner and Chief Executive Officer Roy Daggy said on Friday.
The National Economic and Fiscal Commission (NEFC) has called for stronger health financing arrangements to improve accountability, service delivery and health outcomes across Papua New Guinea.
Electoral Commissioner Dr Nicole Haley has confirmed that procurement irregularities identified in preparations for Papua New Guinea’s 2027 National General Election have been addressed.
The Electoral Commission is stepping up voter awareness campaigns as it pushes to modernise electoral enrolment and improve citizen participation.