by DevNadkarni | Dec 12, 2023 | Blog, News
For more than a century, cocoa has woven itself into the fabric of Bougainville. Once the leading cocoa-producing region in Papua New Guinea (PNG), the island has regained its glory, producing nearly 17,000 tonnes of cocoa this year, thanks to collaborative efforts...
by DevNadkarni | Dec 12, 2023 | Blog, News
BSP PNG | BSP Financial Group Limited (BSP) in partnership with Australian Business Volunteers (ABV) has extended the roll out of its Your Enterprise Scheme (YES) Grow Program to local small and medium businesses/enterprises (SMEs) across PNG, following the program’s...
by DevNadkarni | Dec 11, 2023 | Blog, News
China Southern Airlines is set to embark on its maiden voyage from Guangzhou to Port Moresby in December 2023. The announcement was made by the Minister for Transport and Civil Aviation, Walter D. Schnaubelt, during his address at the 2023 Christmas event held on...
by DevNadkarni | Dec 11, 2023 | Blog, News
Air Niugini’s, Acting CEO, Gary Seddon, has announced that the airline’s latest addition, the Boeing 737-800 Next Generation series aircraft, will serve both domestic and international routes. Seddon expressed immense pride in welcoming this aircraft to the Air...
by DevNadkarni | Dec 11, 2023 | Blog, News
Employer: Ministry of Infrastructure Development (MID) Project: Second Solomon Islands Roads and Aviation Project (SIRAP2) Contract title: Noro Roads Improvement Country: Solomon Islands Loan No. /Credit No. / Grant No.: 7110-SB and E034-SB RFB No:...
by DevNadkarni | Nov 7, 2023 | Blog, News
Foreign exchange (FX) market inflows in the third quarter of 2023 have witnessed a 16 per cent decline, amounting to K6 billion, in comparison to the second quarter. This development represents almost 18 per cent of FX inflows, with a significant portion of these...
by DevNadkarni | Nov 7, 2023 | Blog, News
The Autonomous Bougainville Government (ABG) is inviting foreign direct investment from developed nations, which include Australia, New Zealand, Japan, China, the United States, and European countries. This announcement was made by President Ishmael Toroama on the 31...
by DevNadkarni | Nov 3, 2023 | Blog, News
Qantas has unveiled an update to its international network including two new return services per week from Sydney to Port Moresby using a Boeing 737 aircraft beginning March 2024. These will complement the existing daily service from Brisbane to Port Moresby. Flights...
by DevNadkarni | Nov 3, 2023 | Blog, News
Papua New Guinea’s aviation sector has embarked on a transformative journey by acquiring six new Airbus A220 aircraft as part of Air Niugini’s fleet replacement program. This purchase, amounting to a total of K1.11 billion (about A$430 million), represents a...
by DevNadkarni | Oct 30, 2023 | Blog, News
In a significant milestone for Papua New Guinea’s financial market, PNGX Group, the operator of the nation’s stock exchange, PNGX Markets, has welcomed Newmont Corporation (PNGX Code: NEM) as they make history by becoming the first company to list on the...
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