ANZ Banking Group writes here that a step up in engagement by the Australian and New Zealand governments, combined with regional and international economic support over the past year, has cushioned the initial blow of the COVID-19 pandemic. Moving forward, labour mobility, a fast vaccine rollout and safe travel corridors in the region, combined with the faster release of infrastructure support will be critical to its ongoing recovery.
Pacific Marine Group to lead works for Kimbe Port upgrade
Australia is reinforcing its commitment to Papua New Guinea’s economic development through a AUD95.7 million loan to...