Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
Empowering PNG power to improve procurement practices

Empowering PNG power to improve procurement practices

In a move to enhance infrastructure development in Papua New Guinea, the Australian Infrastructure Financing Facility for the Pacific (AIFFP), in collaboration with the Asian Development Bank (ADB) and the World Bank, conducted an intensive training workshop for PNG...
Santos targets late 2025 for final 15b investment decision

Santos targets late 2025 for final 15b investment decision

Santos, alongside project partners TotalEnergies and ExxonMobil, is gearing up for a critical decision on the $15 billion Papua LNG project by late 2025. This ambitious undertaking aims to harness the Elk-Antelope gas fields in Papua New Guinea’s Gulf Province,...
Positive economic indicators signal growth for PNG

Positive economic indicators signal growth for PNG

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...
Australia Pacific Business Councils lead talks at Samoa CHOGM

Australia Pacific Business Councils lead talks at Samoa CHOGM

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...