by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
The Bank of Papua New Guinea has successfully completed its Central Bank Digital Currency (CBDC) pilot program, marking a major milestone in Papua New Guinea’s financial technology sector. The Digital Kina trial was conducted in partnership with Soramitsu, a Japanese...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
Papua New Guinea’s ambitious Papua LNG project is moving closer to a Final Investment Decision (FID), with Prime Minister James Marape confirming that significant progress has been made despite economic and logistical challenges. The multi-billion-dollar Liquefied...
by DevNadkarni | Jan 2, 2025 | 2025, Blog, News
Papua New Guinea and Australia have taken a significant step towards modernising the nation’s maritime infrastructure with the launch of a Joint Implementation Unit (JIU). This collaboration, between the Australian Infrastructure Financing Facility for the Pacific...
by DevNadkarni | Jan 2, 2025 | 2025, Blog, News
Papua New Guinea airline PNG Air, achieved a major milestone in December 2024 by being awarded the Restructuring Airline of the Year Award. This accolade recognises the airline’s commendable turnaround, positioning it as a model for operational and financial...
by DevNadkarni | Dec 31, 2024 | 2025, Blog, News
Papua New Guinea has achieved a significant milestone in its fight against financial crime, with its Mutual Evaluation Report (MER) officially adopted at the Asia/Pacific Group on Money Laundering (APG) Plenary in Abu Dhabi recently. This recognition highlights Papua...
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