Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
Pacific Marine Group to lead works for Kimbe Port upgrade

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 upgrade Kimbe Port in West New Britain Province. This funding, provided under the Australian Infrastructure Financing Facility for the Pacific (AIFFP),...
Govt remains committed to 2027 Budget surplus target

Govt remains committed to 2027 Budget surplus target

Papua New Guinea remains steadfast in its plan to bring the budget back to surplus by 2027, this year’s will be its record 15th consecutive deficit budget. This goal, outlined in its long-term fiscal strategy, underscores a cautious yet disciplined approach to...
50th Independence Anniversary logo, theme unveiled

50th Independence Anniversary logo, theme unveiled

Papua New Guinea has officially launched its 50th Independence Anniversary logo and theme, marking a significant milestone in the nation’s history. The golden jubilee celebrations, scheduled for 16 September 2025, are expected to attract global investors, diplomatic...
NRL entry sparks call for visa reform

NRL entry sparks call for visa reform

As Papua New Guinea prepares for its historic inclusion in the National Rugby League (NRL) by 2028, Prime Minister James Marape has proposed sweeping visa reforms to enhance connectivity and economic integration between Papua New Guinea and Australia. These reforms...
PNG Air honoured for outstanding restructuring efforts

PNG Air honoured for outstanding restructuring efforts

Papua New Guinea airline PNG Air, achieved a major milestone in December 2024 by being awarded the Restructuring Airline of the Year Award. This accolade recognises the airline’s commendable turnaround, positioning it as a model for operational and financial...
PNG’s AML reforms gain global recognition

PNG’s AML reforms gain global recognition

Papua New Guinea has achieved a significant milestone in its fight against financial crime, with its Mutual Evaluation Report (MER) officially adopted at the Asia/Pacific Group on Money Laundering (APG) Plenary in Abu Dhabi recently. This recognition highlights Papua...