by DevNadkarni | May 15, 2025 | 2025, Blog, News
The countdown has begun for the second Pacific Infrastructure Conference, set to take place from 18-20 August 2025 at the Brisbane Convention and Exhibition Centre. The event will bring together decision-makers, developers, investors, and community voices from across...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
Australia’s new High Commissioner to Papua New Guinea, His Excellency Mr Ewen McDonald, arrived in Port Moresby on 7 May 2025 to formally commence his diplomatic posting, reinforcing the continuity of one of Australia’s most significant regional partnerships. Mr...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
Papua New Guinea’s economic prospects for 2025 present a cautiously optimistic picture, with both the Asian Development Bank (ADB) and the Bank of Papua New Guinea (BPNG) projecting modest growth underpinned by activity in resource and non-resource sectors, but...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
The launch of Australia’s Yumi Stap Wantaim campaign –a year-long celebration of Papua New Guinea’s 50th year of independence– has been welcomed by Prime Minister James Marape as a timely affirmation of the evolving partnership between PNG and its closest bilateral...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
Bank South Pacific (BSP) has launched a standalone Business Bank unit in Port Moresby, reaffirming its strategic commitment to modernising financial services and supporting the growth of small and medium-sized enterprises (SMEs) across Papua New Guinea. The BSP...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
In April 2025, the United States imposed a 10 per cent tariff on all goods exported from Papua New Guinea, catching many Pacific Island economies off guard. The move, which was part of broader U.S. trade policy re-calibrations, was seen as an effort to protect...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
The 2025 National Budget of Papua New Guinea has introduced one of the most SME-friendly fiscal frameworks in the country’s recent history. Delivered by Treasurer Ian Ling-Stuckey, the budget includes simplified tax requirements, targeted incentives, and continued...
by DevNadkarni | Apr 14, 2025 | 2025, Blog, News
The Green Finance Summit 2025, held from March 24–26 at the Hilton Hotel in Port Moresby, marked a pivotal moment in Papua New Guinea’s commitment to sustainable economic development. Organised by the Green Finance Centre (GFC) under the auspices of the Bank of...
by DevNadkarni | Apr 14, 2025 | 2024, 2025, News
Papua New Guinea’s Minister for Petroleum, Jimmy Maladina, has extended a formal invitation to one of the world’s largest construction and infrastructure firms, the China State Construction Engineering Corporation (CSCEC), to consider investment opportunities in Papua...
by DevNadkarni | Apr 14, 2025 | 2025, Blog, News
Papua New Guinea’s Parliament unanimously passed the long-awaited Income Tax Bill 2025 on 20 March, marking a major milestone in the country’s tax reform agenda. The new Income Tax Act (ITA), effective from 1 January 2026, introduces several structural and...
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