by DevNadkarni | Dec 31, 2024 | 2025, Blog, News
Papua New Guinea has achieved a significant milestone in its fight against financial crime, with its Mutual Evaluation Report (MER) officially adopted at the Asia/Pacific Group on Money Laundering (APG) Plenary in Abu Dhabi recently. This recognition highlights Papua...
by DevNadkarni | Dec 31, 2024 | 2025, Blog, News
Prime Minister James Marape has outlined a critical economic requirement for Bougainville to achieve political independence, asserting that the region must be able to fund at least half of its annual budget. This statement comes as Bougainville continues to navigate...
by DevNadkarni | Dec 31, 2024 | 2025, Blog, News
The Papua New Guinea government and Twinza Oil have formalized their commitment to the Pasca A offshore gas project, marking a significant advancement in Papua New Guinea’s energy sector. The agreement, signed at Government House in December 2024, sets the stage...
by DevNadkarni | Dec 31, 2024 | 2025, Blog, News
Australia and Papua New Guinea have embarked on an ambitious initiative to establish a Papua New Guinea-based rugby league team in the National Rugby League (NRL) by 2028. Backed by a $600 million investment from the Australian government, this partnership is seen as...
by DevNadkarni | Dec 31, 2024 | 2025, Blog, News
As Papua New Guinea prepares for its historic inclusion in the National Rugby League (NRL) by 2028, Prime Minister James Marape has proposed sweeping visa reforms to enhance connectivity and economic integration between Papua New Guinea and Australia. These reforms...
by DevNadkarni | Dec 10, 2024 | 2024, Blog, News
Dear APNGBC Colleagues, As we approach the end of the year, I want to take a moment to extend my warmest wishes to you and your families during this festive season. It is a privilege to address you as the President of the Australia Papua New Guinea Business Council,...
by DevNadkarni | Dec 10, 2024 | 2024, Blog, News
In a move to enhance infrastructure development in Papua New Guinea, the Australian Infrastructure Financing Facility for the Pacific (AIFFP), in collaboration with the Asian Development Bank (ADB) and the World Bank, conducted an intensive training workshop for PNG...
by DevNadkarni | Dec 9, 2024 | 2024, Blog, News
Australia has unveiled a $75 million initiative, REnew Pacific, to accelerate the adoption of renewable energy across Pacific nations and Timor-Leste, as announced at COP29 in Baku, Azerbaijan. This programme aims to enhance energy security and support the region’s...
by DevNadkarni | Dec 9, 2024 | 2024, Blog, News
Papua New Guinea’s economic outlook has shown a marked improvement, buoyed by recent statements from Prime Minister James Marape highlighting key positive trends. Indicators such as GDP growth, stabilised inflation rates, and improved foreign exchange availability...
by DevNadkarni | Dec 9, 2024 | 2024, Blog, News
Papua New Guinea’s mining industry, a key pillar of the nation’s economy, has been given a new lease on life with the recent approval of 44 mining tenements by the Minister for Mining, Hon. Wake Goi. The move marks a decisive step by the government to rejuvenate a...
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