by DevNadkarni | Nov 8, 2024 | 2024, Blog, News
The Commonwealth Business Forum (CBF) 2024, held in Apia, Samoa on 23–24 October as part of the Commonwealth Heads of Government (CHOGM) and associated meetings, marked a landmark event as the first such forum of Commonwealth countries hosted by a Pacific country (the...
by DevNadkarni | Nov 6, 2024 | 2024, Blog, News
The Asian Development Bank (ADB) has approved a substantial $140 million financing package aimed at upgrading Air Niugini’s fleet. This investment marks a significant step in modernising Papua New Guinea’s (PNG) national carrier, reinforcing the nation’s connectivity...
by DevNadkarni | Nov 6, 2024 | 2024, Blog, News
Papua New Guinea’s energy crisis remains one of the country’s most critical barriers to economic growth, a theme that was at the forefront of Minister for International Trade and Investment, Hon. Richard Maru’s address at the recent Petroleum and Energy...
by DevNadkarni | Nov 6, 2024 | 2024, Blog, News
At a side event during the Commonwealth Heads of Government Meeting (CHOGM) in Apia, Samoa, last month, Pacific Islands Forum Secretary General Baron Waqa highlighted the economic and cultural significance of kava, describing it as the Pacific’s “Green Gold.”...
by DevNadkarni | Nov 6, 2024 | 2024, Blog, News
Prime Minister James Marape attended the Commonwealth Heads of Government Meeting (CHOGM) in Samoa last month, where he used the opportunity to advocate for stronger business ties between Papua New Guinea and Samoa. The event, attended by several Pacific leaders and...
by DevNadkarni | Nov 6, 2024 | 2024, Blog, News
Prime Minister James Marape of Papua New Guinea and Prime Minister Charlot Salwai Tabimasmas of Vanuatu recently signed a framework agreement that solidifies a commitment between their nations to enhance economic and technical cooperation for mutual benefit. The...
by DevNadkarni | Nov 6, 2024 | 2024, Blog, News
Port Moresby is rapidly evolving into a modern Pacific hub, with large-scale urban development projects aimed at bolstering Papua New Guinea’s economy and transforming the city into a regional destination for business, tourism, and investment. At the forefront of this...
by DevNadkarni | Oct 11, 2024 | 2024, Blog, News
The 2024 Australia-Papua New Guinea Business Exchange (APNGBX24) successfully concluded a five-day visit (23-27 September) that spanned key economic hubs—Lae and Port Moresby. Hosted by the Australian Trade and Investment Commission (Austrade), the exchange...
by DevNadkarni | Oct 11, 2024 | 2024, Blog, News
An engaging presentation delivered by Dianne Barclay, Minister-Counsellor, Economics, Health & Infrastructure at the Australian High Commission, outlined Australia’s ongoing commitment to Papua New Guinea’s development through a range of infrastructure...
by DevNadkarni | Oct 11, 2024 | 2024, Blog, News
In a detailed economic update presented by Westpac’s Senior Economist, Justin Smirk, at a breakfast meeting organised by the Port Moresby Chamber of Commerce and Industry (POMCCI) as part of the Australia Papua New Guinea Business Exchange, it was highlighted that...
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