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Islands’ challenging correspondent banking relationships discussed
Pacific Island Countries grapple with mounting obstacles in Correspondent Banking Relationships (CBR), as highlighted in the recent high-level event convened in Sydney. Policymakers, regulators, and industry stakeholders congregated to confront the complex issues...
Premier and rugby legend to headline 39th APNG Business Forum
Two distinguished figures, former Tasmania Premier The Hon Peter Gutwein GAICD, and rugby league icon Malcolm Norman Meninga AM, are set to grace the 39th Australia Papua New Guinea Business Forum on the Gold Coast from May 13 to 15. Their attendance promises a...
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
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...
Australia Awards propel Papua New Guineans towards aviation excellence
In a concerted effort to uplift the skills and expertise within Papua New Guinea’s aviation sector, Australia Awards has been instrumental in empowering over 1,400 Papua New Guineans since 2011 to pursue extensive studies in Australia. Among these beneficiaries is...
Economist identifies key challenges for economic growth in PNG, Pacific
In a recent business meeting in Lae, Papua New Guinea, Westpac economist Justin Smirk highlighted six key challenges hampering Papua New Guinea’s economy and businesses. These issues include a shortage of expertise and skills, foreign exchange concerns, security...
Fiji, Papua New Guinea bolster economic ties
Fiji and Papua New Guinea convened a pivotal meeting during the 2024 Melanesian Spearhead Group (MSG) Budget Foreign Ministers Meeting in Port Vila, Vanuatu recently, in a move toward bolstering economic cooperation,. The meeting, attended by Papua New Guinea’s...
APNGBC Business Forum is the gateway to growth in PNG
The 39th Australia Papua New Guinea Business Forum and Trade Expo is set to bring together senior business and government representatives in an atmosphere away from the usual grind of daily business. Registrations are open for the event, which is to be held on Mon...
Business Councils’ Executive engages with Australian Government in Canberra
A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business Councils’ Senior Executive and other executive committee members embarked on a significant visit to...
Business Councils’ Executive engages with Australian Government in Canberra
A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business Councils’ Senior Executive and other executive committee members embarked on a significant visit to...
APIBC welcomes Australian Ambassador to Micronesia
The Australia Pacific Islands Business Council (APIBC) organised a roundtable discussion while welcoming Australia’s new Ambassador to the Federated States of Micronesia, Ms Jenny Grant-Curnow. Hosted at the offices of leading global firm Dentons’ Brisbane offices on...
Business Council Executive engages with Australian Government in Canberra
A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business Councils’ Senior Executive and other executive committee members embarked on a significant visit to...
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