According to the monitoring agency, the quake hit at 11:06 p.m. Philippines time, striking off the coast of PNG at a depth of 53 kilometers.

Papua New Guinea’s state-owned mining company will pay at least $60 million to ASX-listed Kingston Resources for control of a major gold development and exploration project in the Solomon Sea.

The Development Research Group is the World Bank's principal research department. With its cross-cutting expertise on a broad range of topics and countries, the department is one of the most ...

In return, PNG has entered an agreement designed to stop China gaining a security foothold in the Pacific nation. PNG's capital Port Moresby will host home games for the new team, whose name and ...

Little-picture microeconomics is concerned with how supply and demand interact in individual markets for goods and services. The macro/micro split is institutionalized in economics, from beginning ...

Understanding microeconomics aids in making informed consumer and investment decisions. Key findings are powered by ChatGPT and based solely off the content from this article. Findings are ...

The PNG format is particularly useful when it comes to the lossless storage of images with transparent backgrounds. Whether you want to convert a JPG to PNG, make a PNG transparent, or simply ...

In economics, macroeconomics encompasses societal perspective on resource allocation. Microeconomics involves factors of resources availability and usage that impact individuals and businesses.

Microeconomics aims to understand the behaviour of individuals and firms to interpret how they make decisions given the scarcity of resources. This is especially important for individuals, both in ...

Microeconomics seeks to make sense of the behaviour of individuals, households and firms. It aims to answer questions such as: if incomes rise, how will individuals spend their surplus income, and on ...

At the same time, microeconomics focuses on individuals' choices, whether as consumers or producers. As a result of this dichotomy, when expert advice on growth and development is needed for ...