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Westpac sees stronger outlook for PNG as investment pipeline gathers pace

Westpac sees stronger outlook for PNG as investment pipeline gathers pace

by DevNadkarni | Aug 12, 2026 | 2026, Investment, News

Papua New Guinea is expected to remain one of the Pacific’s stronger-performing economies in 2026, with continued growth underpinned by commodity exports, improving foreign exchange conditions and a pipeline of major resource and infrastructure projects. Papua...
Business regulators seek clearer investment rules while protecting local enterprise

Business regulators seek clearer investment rules while protecting local enterprise

by DevNadkarni | Aug 12, 2026 | 2026, News

Creating a business environment that is both welcoming to investors and supportive of local enterprise was a central theme of this year’s Business Regulators Summit in Lae. Convened by the Investment Promotion Authority, the annual gathering brought together...
Record mineral exports underline mining sector’s importance to PNG economy

Record mineral exports underline mining sector’s importance to PNG economy

by DevNadkarni | Aug 12, 2026 | 2026, News, Resources

Papua New Guinea’s mineral exports reached a record K32 billion last year, highlighting the continued importance of the mining sector as the country prepares for a new wave of major resource developments. Papua New Guinea’s mining industry achieved a new...
APNGBC welcomes new President, CEO at networking reception

APNGBC welcomes new President, CEO at networking reception

by DevNadkarni | Jul 7, 2026 | 2026, News

The Australia Papua New Guinea Business Council’s recent networking evening in Port Moresby brought together members, partners and stakeholders from across government and business, providing an opportunity to strengthen existing relationships and forge new ones...
Pacific Business Councils strengthen engagement with Australian Government

Pacific Business Councils strengthen engagement with Australian Government

by DevNadkarni | Jul 7, 2026 | 2026, News

The Australia Pacific Islands Business Council, Australia Papua New Guinea Business Council and Australia Fiji Business Council participated in the Pacific Business Councils Roundtable, hosted by the Department of Foreign Affairs and Trade in Canberra on 18 June....
PNG and Solomon Islands strengthen economic partnership

PNG and Solomon Islands strengthen economic partnership

by DevNadkarni | Jul 7, 2026 | 2026, News

Papua New Guinea and Solomon Islands have reaffirmed their commitment to closer economic cooperation, with trade, investment, transport and resource development emerging as central themes during talks between Prime Minister James Marape and Solomon Islands Prime...
PNG’s superannuation sector shows scale and resilience

PNG’s superannuation sector shows scale and resilience

by DevNadkarni | Jul 7, 2026 | 2026, News

Papua New Guinea’s superannuation sector remains one of the country’s most important pools of domestic capital, with Nasfund and Nambawan Super continuing to play a major role in savings, investment and retirement security. Nasfund’s published figures show the fund...
Westpac forecasts resilient growth for PNG despite global uncertainty

Westpac forecasts resilient growth for PNG despite global uncertainty

by DevNadkarni | Jul 7, 2026 | 2026, News

Papua New Guinea’s economy is expected to remain one of the Pacific’s stronger performers in 2026, with Westpac forecasting growth of 4.6 per cent despite mounting geopolitical tensions and continued global economic uncertainty. In its June 2026 PNG...
Foreign exchange reforms begin easing pressure on PNG businesses

Foreign exchange reforms begin easing pressure on PNG businesses

by DevNadkarni | Jul 7, 2026 | 2026, News

For many Papua New Guinea businesses, access to foreign currency has been one of the country’s most persistent commercial challenges. Importers have often faced lengthy delays paying overseas suppliers, while manufacturers, retailers and project developers have...
Pacific Infrastructure Projects Are Growing. Is Your Business Visible?

Pacific Infrastructure Projects Are Growing. Is Your Business Visible?

by DevNadkarni | Jul 7, 2026 | 2026, News

The Pacific Infrastructure Pipeline Initiative is calling on contractors, consultants and service providers to register in the Pacific Infrastructure Contractor Directory, a central resource designed to connect industry capability with infrastructure projects across...
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  • Country looks to new power generation after K350 million Ramu Grid upgrade
  • Telikom secures K27.2 million Australian grant to modernise systems

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