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...
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