Mar 2, 2025 | APNGBC BLOG
Papua New Guinea’s economic landscape is exhibiting promising signs of recovery, as highlighted by the International Monetary Fund’s recent assessments. The nation’s economic growth is projected to reach 4.5 per cent in 2024, up from 2.9 per cent in 2023, buoyed by...
Mar 2, 2025 | APNGBC BLOG
Air Niugini has embarked on a transformative re-fleeting programme valued at approximately NZ$2 billion—the most substantial investment in its 52-year history. This strategic initiative, spanning from 2025 to 2028, aims to modernise the airline’s fleet, enhance...
Mar 2, 2025 | APNGBC BLOG
A recent surge of goods entering Bougainville from the Solomon Islands has sparked significant economic and regulatory concerns. Products ranging from food items to clothing are flooding markets in towns like Arawa and Buin, often bypassing official taxation channels....
Mar 2, 2025 | APNGBC BLOG
The Asian Development Bank (ADB) and Kina Bank Limited have signed a trade finance agreement to bolster international trade in Papua New Guinea (PNG). This partnership enables ADB’s Trade Finance Program (TFP) to provide a credit guarantee facility supporting up to $4...
Mar 2, 2025 | APNGBC BLOG
In a bid to boost local rice production and reduce dependence on imports, Trukai Industries has launched the Smart Farmer Internship Program, an initiative aimed at developing skilled rice farmers for commercial-scale production. The program, which commenced in...
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