by DevNadkarni | Sep 13, 2024 | 2024, Blog, News
Air Niugini has officially appointed Gary Seddon as its Chief Executive Officer, following his tenure as Acting CEO. The confirmation was made by the National Executive Council (NEC) after a comprehensive selection process conducted by Kumul Consolidated Holdings...
by DevNadkarni | Sep 13, 2024 | 2024, Blog, News
The expansion of Papua New Guinea’s financial sector, marked by the introduction of two new commercial banks, CreditBank and TISA Bank, is a significant milestone for the country’s economy. This development is set to create new opportunities for businesses that are...
by DevNadkarni | Sep 13, 2024 | 2024, Blog, News
The Government of Papua New Guinea has continued to support businesses affected by the January 2024 riots, with the announcement of a second phase of financial assistance. The riots, which took place on January 10, resulted in widespread damage across major urban...
by DevNadkarni | Sep 13, 2024 | 2024, Blog, News
World Bank President Ajay Banga’s recent Pacific tour comes in the wake of a pivotal meeting between major financial institutions and regional banks that focused on the critical issue of correspondent banking in the Pacific. This meeting, held just a couple of months...
by DevNadkarni | Sep 13, 2024 | 2024, Blog, News
The Pacific Contractors, Suppliers, and Consultants Road Shows, organised by the Asian Development Bank (ADB), are set to take place in October 2024 in both Sydney, Australia, and Auckland, New Zealand. These events aim to address challenges facing the global...
by DevNadkarni | Sep 13, 2024 | 2024, Blog, News
Papua New Guinea is moving forward with establishing the Pacific’s first Blue Carbon Policy, which aims to protect and sustainably manage the country’s critical blue carbon ecosystems, such as mangroves, seagrasses, and tidal marshes. This policy will create a...
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