New aircraft set to modernise Air Niugini fleet

New aircraft set to modernise Air Niugini fleet

Air Niugini has embarked on a transformative re-fleeting programme valued at approximately NZ$2 billion—the most substantial investment in its 52-year history. This strategic initiative, spanning from 2025 to 2028, aims to modernise the airline’s fleet, enhance...
ADB, Kina Bank forge trade finance partnership

ADB, Kina Bank forge trade finance partnership

The Asian Development Bank (ADB) and Kina Bank Limited have signed a trade finance agreement to bolster international trade in Papua New Guinea (PNG). This partnership enables ADB’s Trade Finance Program (TFP) to provide a credit guarantee facility supporting up...