Dec 9, 2024 | APNGBC BLOG
Papua New Guinea’s economic outlook has shown a marked improvement, buoyed by recent statements from Prime Minister James Marape highlighting key positive trends. Indicators such as GDP growth, stabilised inflation rates, and improved foreign exchange availability...
Nov 8, 2024 | APNGBC BLOG
The Commonwealth Business Forum (CBF) 2024, held in Apia, Samoa on 23–24 October as part of the Commonwealth Heads of Government (CHOGM) and associated meetings, marked a landmark event as the first such forum of Commonwealth countries hosted by a Pacific country (the...
Nov 6, 2024 | APNGBC BLOG
The Asian Development Bank (ADB) has approved a substantial $140 million financing package aimed at upgrading Air Niugini’s fleet. This investment marks a significant step in modernising Papua New Guinea’s (PNG) national carrier, reinforcing the nation’s connectivity...
Nov 6, 2024 | APNGBC BLOG
Papua New Guinea’s energy crisis remains one of the country’s most critical barriers to economic growth, a theme that was at the forefront of Minister for International Trade and Investment, Hon. Richard Maru’s address at the recent Petroleum and Energy Conference...
Nov 6, 2024 | APNGBC BLOG
Prime Minister James Marape of Papua New Guinea and Prime Minister Charlot Salwai Tabimasmas of Vanuatu recently signed a framework agreement that solidifies a commitment between their nations to enhance economic and technical cooperation for mutual benefit. The...
Nov 6, 2024 | APNGBC BLOG
Port Moresby is rapidly evolving into a modern Pacific hub, with large-scale urban development projects aimed at bolstering Papua New Guinea’s economy and transforming the city into a regional destination for business, tourism, and investment. At the forefront of this...
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