by DevNadkarni | Jul 13, 2024 | 2024, Blog, News
Photo caption: Senator the Hon Penny Wong, Minister for Foreign Affairs and Hon Richard Marles MP, Deputy Prime Minister and Minister for Defence, Hon John Rosso MP, Deputy Prime Minster and Minster for Lands, Physical Planning, Urbanisation and Immigration and Hon...
by DevNadkarni | Jul 13, 2024 | Uncategorized
Australia has announced a significant improvement in its visa processing facilities for Papua New Guinea citizens, reducing the waiting time from three months to just seven days. This development was revealed during the 30th Australia-PNG Ministerial Forum in Port...
by DevNadkarni | Jul 13, 2024 | 2024, Blog, News
Papua New Guinea stands at a crucial juncture in its economic journey, grappling with significant foreign exchange (forex) challenges even as it embarks on a path of substantial economic reforms. The Bank of Papua New Guinea (BPNG) has taken notable steps to alleviate...
by DevNadkarni | Jul 13, 2024 | 2024, Blog, News
The Pacific Islands Forum Secretariat (PIFS) has announced a significant development in its trade advancement efforts, securing a transformative A$14.7 million (US$9.67 million) grant agreement with the Australian Department of Foreign Affairs and Trade (DFAT). This...
by DevNadkarni | Jul 13, 2024 | 2024, Blog, News
Photo Caption: Cook Islands Prime Minister Mark Brown addresses the Pacific Banking Forum in Brisbane. Photo Courtesy: Pacific Islands News Association The inaugural Pacific Banking Forum, a landmark event organised by Australia and the United States in partnership...
by DevNadkarni | Jul 13, 2024 | 2024, Blog, News
Australia and Papua New Guinea (PNG) have taken significant strides in their collaboration to enhance renewable energy infrastructure, addressing the growing demand for reliable and sustainable electrification across PNG. This partnership is marked by several key...
by DevNadkarni | Jul 1, 2024 | 2024, Blog, News
Earlier this year, Pacific Trade Invest (PTI) Australia invited exporters across the Pacific to participate in the Pacific Islands Export Survey 2024. The survey, conducted biennially, provides crucial insights into the activities, challenges, and opportunities faced...
by DevNadkarni | Jun 14, 2024 | 2024, Blog, News
The picturesque Gold Coast in Queensland played host to a significant convergence of business minds and political leaders from May 13 to 15, 2024, at the 39th Australia Papua New Guinea Business Forum and Trade Expo. Organised by the Australia Papua New Guinea...
by DevNadkarni | Jun 14, 2024 | 2024, Blog, News
Papua New Guinea’s Kina Bank has announced a significant $7 million investment in WLTH, a rapidly growing Queensland-based fintech and neobank startup. This investment aligns with the goals outlined in the Queensland Pacific Trade and Investment Strategy, which was...
by DevNadkarni | Jun 14, 2024 | 2024, Blog, News
Australia has approved a significant loan of A$600 million (K1.54 billion) to Papua New Guinea to address the country’s 2023 budget shortfall and support essential economic reforms. This financial assistance follows a previous A$750 million loan provided in 2022,...
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