Australia backs off-grid solar in PNG
Australia is backing three off-grid solar projects in Papua New Guinea and Fiji that are expected to reach more than 75,000 people. Two projects in Oro Province and Bougainville account for more than 66,000 of those expected to benefit, while the Fiji project will...
Business councils call for wider Australian investment in PNG
The Business Council of Papua New Guinea (BCPNG) and the Australia–Papua New Guinea Business Council (APNGBC) are calling for practical measures to attract more Australian investment to PNG, pointing to unreliable electricity, delays in government administration and...
Pacific Lime and Cement raises A$50 million as Rearea township takes shape
Pacific Lime and Cement has secured firm commitments for an A$50 million equity placement to advance its industrial precinct in Central Province, as the company draws up plans for a neighbouring township of about 5,000 homes. The two developments are part of the...
Country looks to new power generation after K350 million Ramu Grid upgrade
Papua New Guinea has commissioned a K350 million upgrade to the Ramu Grid, improving the network’s capacity to carry electricity to major business centres. Richard Maru, the minister responsible for PNG Power, says the next priority is to add enough generation to meet...
Telikom secures K27.2 million Australian grant to modernise systems
Telikom has secured a K27.2 million Australian grant to modernise its internal business systems and improve how it delivers digital services across Papua New Guinea. The state-owned telecommunications provider signed the agreement with the Australian Infrastructure...
Pacific secures US$1.1 billion climate infrastructure program
Fourteen Pacific Island countries will benefit from a major climate-resilient infrastructure program backed by the Green Climate Fund (GCF) and Asian Development Bank (ADB), with investments planned in transport, water, energy, coastal protection and other essential...
PTI Australia helps Pacific food brands gain ground in Australian retail market
APIBC member Pacific Trade Invest (PTI) Australia is helping Pacific food producers establish a stronger presence in the Australian market, with products from Niue, Fiji and French Polynesia finding their way onto local retail shelves. Three brands, Niue Honey, Fiji...
APIBC business mission strengthens partnerships; explores opportunities in Solomons
An Australia Pacific Islands Business Council (APIBC) delegation visited Honiara from 2 to 6 November 2026, meeting government officials, business leaders and development partners to explore trade, investment and procurement opportunities, and gain first-hand insights...
ADB approves US$12.6 million for Port Vila disaster resilience
The Asian Development Bank (ADB) has approved an additional US$12.6 million grant to strengthen disaster preparedness and urban resilience in Greater Port Vila, Vanuatu’s principal economic and commercial centre. Announced on 29 September, the financing forms part of...
Royal Caribbean advances VT6.5 billion tourism project in Vanuatu
Vanuatu is preparing for one of its largest tourism investments, with Royal Caribbean Group and the government agreeing to hold a groundbreaking ceremony in November for the VT6.5 billion Royal Beach Club Lelepa development on Lelepa Island, north of Efate. The...
ADB; Australia commit US$12.85 million to Pacific business reforms
The Asian Development Bank (ADB) and the Australian Government have committed US$12.85 million to a new phase of the Pacific Private Sector Development Initiative (PSDI), extending a nearly two-decade partnership aimed at improving business conditions, encouraging...
Green Climate Fund backs US$60m Pacific climate investment initiative
The Green Climate Fund (GCF) has committed US$15 million towards establishing a US$60 million investment fund designed to support locally owned Pacific businesses engaged in climate adaptation, environmental protection and sustainable economic development. The...