Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
World Bank urges PNG to address ‘human capital crisis’

World Bank urges PNG to address ‘human capital crisis’

The World Bank has issued a stark warning to Papua New Guinea, underlining the urgent need to tackle what it describes as a “human capital crisis” plaguing the nation. In its annual economic update released on recently, the World Bank underscored the critical...
Thumbs down to PACER Plus again

Thumbs down to PACER Plus again

Papua New Guinea’s Minister for International Trade and Investment, Richard Maru, affirmed his country’s stance of the last decade to abstain from joining PACER Plus during his initial meeting with the new Australian High Commissioner to Papua New Guinea, John Feakes....
New gold bill threatens economic sovereignty, chamber fears

New gold bill threatens economic sovereignty, chamber fears

Papua New Guinea’s National Gold Corporation Bill 2022 is stirring significant concern within the country’s mining sector and the larger economy, as it threatens to establish a gold monopoly that could have disastrous consequences, warns the PNG Chamber of Resources...