by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
A bold superannuation reform aimed at enhancing retirement benefits and financial security for Papua New Guineans has recently been announced by Prime Minister James Marape. The changes, announced in a recent address, are designed to modernise the superannuation...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
The Bank of Papua New Guinea has successfully completed its Central Bank Digital Currency (CBDC) pilot program, marking a major milestone in Papua New Guinea’s financial technology sector. The Digital Kina trial was conducted in partnership with Soramitsu, a Japanese...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
Papua New Guinea’s ambitious Papua LNG project is moving closer to a Final Investment Decision (FID), with Prime Minister James Marape confirming that significant progress has been made despite economic and logistical challenges. The multi-billion-dollar Liquefied...
by DevNadkarni | Jan 2, 2025 | 2025, Blog, News
Papua New Guinea and Australia have taken a significant step towards modernising the nation’s maritime infrastructure with the launch of a Joint Implementation Unit (JIU). This collaboration, between the Australian Infrastructure Financing Facility for the Pacific...
by DevNadkarni | Jan 2, 2025 | 2025, Blog, News
Papua New Guinea airline PNG Air, achieved a major milestone in December 2024 by being awarded the Restructuring Airline of the Year Award. This accolade recognises the airline’s commendable turnaround, positioning it as a model for operational and financial...
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...
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