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APNGBC strengthens business and diplomatic engagement through key events

APNGBC strengthens business and diplomatic engagement through key events

by DevNadkarni | Oct 2, 2026 | 2026, Blog

The Australia Papua New Guinea Business Council (APNGBC) continued its engagement with government representatives, development partners and businesses through three recent events aimed at strengthening bilateral relationships and identifying new opportunities for...
Exercise Puk Puk highlights broader Australia-PNG partnership

Exercise Puk Puk highlights broader Australia-PNG partnership

by DevNadkarni | Oct 2, 2026 | 2026, Infrastructure, News

A joint engineering exercise in Lae has provided a practical demonstration of the expanding Australia-Papua New Guinea partnership, combining infrastructure delivery, technical skills and regional cooperation as economic ties between the two countries continue to...
PNG financial sector adopts new code to combat financial abuse

PNG financial sector adopts new code to combat financial abuse

by DevNadkarni | Oct 2, 2026 | 2026, News

The Bank of Papua New Guinea and 15 financial institutions have signed a new voluntary industry code aimed at protecting customers from financial abuse and making banking and financial products safer to use. Papua New Guinea’s financial sector has launched a...
ICTSI invests K8.1 million to increase Lae port capacity

ICTSI invests K8.1 million to increase Lae port capacity

by DevNadkarni | Oct 2, 2026 | 2026, News

Growing vessel calls and cargo volumes have prompted ICTSI South Pacific to invest K8.1 million in new cargo-handling equipment at Lae, with further upgrades planned for both Lae and Motukea. International Container Terminal Services Inc’s PNG operation is expanding...
BPNG lifts 2026 growth outlook but flags softer conditions in 2027

BPNG lifts 2026 growth outlook but flags softer conditions in 2027

by DevNadkarni | Oct 2, 2026 | 2026, News

Papua New Guinea’s central bank has upgraded its economic growth forecast for 2026 to 3.5 per cent, supported by stronger resources, construction and services activity, while warning that El Niño and higher global costs could weigh on the economy next year. The Bank...
Adyton Resources joins PNGX with focus on PNG gold projects

Adyton Resources joins PNGX with focus on PNG gold projects

by DevNadkarni | Oct 2, 2026 | 2026, News

Canadian-listed resources company Adyton Resources Corporation has joined PNGX, giving Papua New Guinean investors more direct access to a company whose exploration and development assets are entirely based in Papua New Guinea. Adyton Resources Corporation has been...
National Banking Corporation targets PNGX listing in 2027

National Banking Corporation targets PNGX listing in 2027

by DevNadkarni | Oct 2, 2026 | 2026, News

National Banking Corporation is pursuing an initial public offering on PNGX in late 2027 after raising more than K200 million from PNG investors and expanding its nationwide commercial banking operations. Papua New Guinea’s National Banking Corporation is working...
PNG takes next step in digital public finance with K26m deal

PNG takes next step in digital public finance with K26m deal

by DevNadkarni | Sep 11, 2026 | 2026, Infrastructure, News

Papua New Guinea is moving into the next phase of its public financial management reforms after signing a K26 million, three-year agreement with Australian enterprise software company TechnologyOne. The Software-as-a-Service agreement will upgrade and support the...
Member Story: Legal reforms open new pathways for investment and arbitration

Member Story: Legal reforms open new pathways for investment and arbitration

by DevNadkarni | Sep 11, 2026 | 2026, Blog

From our member Pacific Legal Network: APNGBC member Pacific Legal Network (PLN) has recently published a series of Papua New Guinea-focused updates examining legal and regulatory developments with direct implications for business and investment. We highlight two...
PNG clears regulatory path for commercial 5G services

PNG clears regulatory path for commercial 5G services

by DevNadkarni | Sep 11, 2026 | 2026, Infrastructure

Papua New Guinea has taken a major step towards next-generation mobile connectivity after the National Information and Communications Technology Authority confirmed that spectrum is available for commercial 5G services. NICTA announced on 4 September that qualified...
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