by DevNadkarni | Mar 2, 2025 | 2025, Blog, News
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...
by DevNadkarni | Mar 2, 2025 | 2025, Blog, News
In a bid to boost local rice production and reduce dependence on imports, Trukai Industries has launched the Smart Farmer Internship Program, an initiative aimed at developing skilled rice farmers for commercial-scale production. The program, which commenced in...
by DevNadkarni | Mar 2, 2025 | 2025, Blog, News
The Asian Development Bank (ADB) has approved a $24.25 million grant to Papua New Guinea (PNG). This funding, sourced from ADB’s Strategic Climate Fund, aims to integrate climate risk and resilience planning into PNG’s development policies, particularly...
by DevNadkarni | Mar 2, 2025 | 2025, Blog, News
Papua New Guinea’s Minister for Trade and Industry, Richard Maru, has announced a formal inquiry into the country’s oil palm industry as part of the government’s broader reform agenda. The probe, launched in early February 2025, seeks to address issues related to...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
Australia is reinforcing its commitment to Papua New Guinea’s economic development through a AUD95.7 million loan to upgrade Kimbe Port in West New Britain Province. This funding, provided under the Australian Infrastructure Financing Facility for the Pacific (AIFFP),...
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