The Bank of Papua New Guinea (BPNG) anticipates a rebound in the country’s real GDP growth in 2024, led by robust performance in the mineral sector, according to...
Economy set for rebound with strong mineral sector performance
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Strategic initiatives set to transform PNG economy
Papua New Guinea is gearing up for a promising economic future, driven by strategic investments in mining, infrastructure, and small business development. As the...
Air Niugini suspends Brisbane-Palau route from May 1
Air Niugini has announced the suspension of its weekly services from Brisbane to Palau via Port Moresby, effective May 1, 2024. This decision marks a significant shift...
World Bank urges PNG to address ‘human capital crisis’
The World Bank has issued a stark warning to Papua New Guinea, underlining the urgent need to tackle what it describes as a “human capital crisis” plaguing the nation....
Premier and rugby legend to headline 39th APNG Business Forum
Two distinguished figures, former Tasmania Premier The Hon Peter Gutwein GAICD, and rugby league icon Malcolm Norman Meninga AM, are set to grace the 39th Australia...
New gold bill threatens economic sovereignty, chamber fears
Papua New Guinea’s National Gold Corporation Bill 2022 is stirring significant concern within the country’s mining sector and the larger economy, as it threatens to...
Qantas launches direct flights to Papua New Guinea from Sydney
Qantas has announced the launch of a new direct connection between Sydney and Port Moresby. The national carrier inaugurated its maiden service on 2 April, marking its...
Australia Awards propel Papua New Guineans towards aviation excellence
In a concerted effort to uplift the skills and expertise within Papua New Guinea's aviation sector, Australia Awards has been instrumental in empowering over 1,400...
Economist identifies key challenges for economic growth in PNG, Pacific
In a recent business meeting in Lae, Papua New Guinea, Westpac economist Justin Smirk highlighted six key challenges hampering Papua New Guinea’s economy and...
Fiji, Papua New Guinea bolster economic ties
Fiji and Papua New Guinea convened a pivotal meeting during the 2024 Melanesian Spearhead Group (MSG) Budget Foreign Ministers Meeting in Port Vila, Vanuatu recently,...
APNGBC Business Forum is the gateway to growth in PNG
The 39th Australia Papua New Guinea Business Forum and Trade Expo is set to bring together senior business and government representatives in an atmosphere away from the...
Business Councils’ Executive engages with Australian Government in Canberra
A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business...