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Institutional forecasts signal economic optimism –with caveats

Institutional forecasts signal economic optimism –with caveats

by DevNadkarni | Jul 6, 2025 | 2025, Blog, News

Papua New Guinea’s economic outlook for 2025 has drawn cautious optimism from major development institutions and regional banks, with growth forecasts converging around a stronger recovery driven by mining, agriculture, and a more resilient non-resource sector. Four...
Bougainville Government takes control of BCL shares in historic transfer

Bougainville Government takes control of BCL shares in historic transfer

by DevNadkarni | Jul 6, 2025 | 2025, Blog, News

In a landmark move symbolising both economic empowerment and political aspiration, the Government of Papua New Guinea has formally transferred its entire 36.45 per cent stake in Bougainville Copper Limited (BCL) to the Autonomous Bougainville Government (ABG). The...
KCH, PNGX partner to boost SOE governance and investment

KCH, PNGX partner to boost SOE governance and investment

by DevNadkarni | Jul 6, 2025 | 2025, Blog, News

In a move to reform and revitalise Papua New Guinea’s state-owned enterprises (SOEs), Kumul Consolidated Holdings (KCH) and PNGX Group, the operator of the national stock exchange, have signed a Memorandum of Understanding (MOU) to enhance corporate governance and...
FATF Greylisting could disrupt financial sector, investment flows

FATF Greylisting could disrupt financial sector, investment flows

by DevNadkarni | Jul 6, 2025 | 2025, Blog, News

Papua New Guinea is facing the possibility of being placed on the Financial Action Task Force (FATF) grey list by the end of 2025, according to warnings from the Association of Certified Anti-Money Laundering Specialists (ACAMS) issued in late June. The potential...
What to expect at the APNG Business Forum (23-25 June)

What to expect at the APNG Business Forum (23-25 June)

by DevNadkarni | Jun 8, 2025 | 2025, Blog, News

The 40th Australia Papua New Guinea Business Forum and Trade Expo (APNGBFTE) comes at a significant moment in Papua New Guinea’s national journey –marking the country’s 50th year of independence. Scheduled to take place from 23rd to 25th June 2025 at the Stanley Hotel...
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