Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
ADB, Kina Bank forge trade finance partnership

ADB, Kina Bank forge trade finance partnership

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...
Trukai empowers rice farmers to become commercial growers

Trukai empowers rice farmers to become commercial growers

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...
ADB grants $24.25m for climate resilience in PNG

ADB grants $24.25m for climate resilience in PNG

The Asian Development Bank (ADB) has approved a $24.25 million grant to Papua New Guinea (PNG). This funding, sourced from ADB’s Strategic Climate Fund, aims to integrate climate risk and resilience planning into PNG’s development policies, particularly benefiting...
Join industry leaders at the 7AVBF in Port Vila 12-13 March

Join industry leaders at the 7AVBF in Port Vila 12-13 March

Join the 7th Australia Vanuatu Business Forum #7AVBF is scheduled for March 12-13, 2025, at the Warwick Le Lagon Hotel in Port Vila, Vanuatu. Organised by the Australia Pacific Islands Business Council (APIBC) in collaboration with the Vanuatu Foreign Investment...
Australian firm builds three new bridges in Malaita Province

Australian firm builds three new bridges in Malaita Province

Solomon Islands’ Malaita Province has officially inaugurated three newly constructed bridges along the Auki-Dala road. Built by Australian firm Reeves Envico, these bridges – Koa, Bi’o 1, and Bi’o 2 – replace aging wooden structures with robust steel designs, ensuring...