Nov 7, 2023 | APNGBC BLOG
Foreign exchange (FX) market inflows in the third quarter of 2023 have witnessed a 16 per cent decline, amounting to K6 billion, in comparison to the second quarter. This development represents almost 18 per cent of FX inflows, with a significant portion of these...
Nov 7, 2023 | APNGBC BLOG
The Autonomous Bougainville Government (ABG) is inviting foreign direct investment from developed nations, which include Australia, New Zealand, Japan, China, the United States, and European countries. This announcement was made by President Ishmael Toroama on the 31...
Nov 2, 2023 | APNGBC BLOG
Qantas has unveiled an update to its international network including two new return services per week from Sydney to Port Moresby using a Boeing 737 aircraft beginning March 2024. These will complement the existing daily service from Brisbane to Port Moresby. Flights...
Nov 2, 2023 | APNGBC BLOG
Papua New Guinea’s aviation sector has embarked on a transformative journey by acquiring six new Airbus A220 aircraft as part of Air Niugini’s fleet replacement program. This purchase, amounting to a total of K1.11 billion (about A$430 million), represents a...
Oct 30, 2023 | APNGBC BLOG
In a significant milestone for Papua New Guinea’s financial market, PNGX Group, the operator of the nation’s stock exchange, PNGX Markets, has welcomed Newmont Corporation (PNGX Code: NEM) as they make history by becoming the first company to list on the exchange...
Oct 29, 2023 | APNGBC BLOG
In a significant development for the digital landscape of the South Pacific, Fiji’s Prime Minister Sitiveni Rabuka has unveiled the South Pacific Connect Initiative, a collaboration with Google aimed at reducing the digital divide and bolstering digital infrastructure...
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