Westpac Director and Senior Economist Justin Smirk addressed the Executive Committee members of the Australia Fiji and Australia Pacific Islands Business Councils and...
PNG’s growth hampered by infrastructure issues, skills shortage
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Why Australia should be concerned if our major banks withdraw from the Pacific
This article co-authored by Bob Lyon and Anthony Bergin and has been republished here with permission from the original publisher, Strategic Analysis Australia. The...
Cocoa boom drives PNG’s record cash-crop revenues
The resurgence of Papua New Guinea’s cocoa industry has not only revitalised local communities but also strengthened its export ties with major markets such as...
PNG, Indonesia connect border region with new power network
Indonesian President Joko Widodo and Papua New Guinea (PNG) Prime Minister James Marape met recently to enhance bilateral cooperation across various sectors, with a...
PNG-Australia Ministerial dialogue strengthens bilateral ties
Photo caption: Senator the Hon Penny Wong, Minister for Foreign Affairs and Hon Richard Marles MP, Deputy Prime Minister and Minister for Defence, Hon John Rosso MP,...
Navigating PNG’s forex dilemma amid economic reforms
Papua New Guinea stands at a crucial juncture in its economic journey, grappling with significant foreign exchange (forex) challenges even as it embarks on a path of...
A$14.7m trade development grant for Pacific Islands Forum
The Pacific Islands Forum Secretariat (PIFS) has announced a significant development in its trade advancement efforts, securing a transformative A$14.7 million (US$9.67...
Historic Pacific banking forum concludes with key commitments
Photo Caption: Cook Islands Prime Minister Mark Brown addresses the Pacific Banking Forum in Brisbane. Photo Courtesy: Pacific Islands News Association The inaugural...
Australia, PNG strengthen renewable energy partnership
Australia and Papua New Guinea (PNG) have taken significant strides in their collaboration to enhance renewable energy infrastructure, addressing the growing demand for...
Pacific trade survey reveals resurgence of exports
Earlier this year, Pacific Trade Invest (PTI) Australia invited exporters across the Pacific to participate in the Pacific Islands Export Survey 2024. The survey,...
39th Business Forum reaffirms PNG’s economic potential and resilience
The picturesque Gold Coast in Queensland played host to a significant convergence of business minds and political leaders from May 13 to 15, 2024, at the 39th Australia...
Kina Bank Invests $7 Million in Brisbane fintech startup
Papua New Guinea’s Kina Bank has announced a significant $7 million investment in WLTH, a rapidly growing Queensland-based fintech and neobank startup. This investment...