Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
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Central bank nudges 2025 growth forecast higher

Central bank nudges 2025 growth forecast higher

Papua New Guinea’s central bank has inched up its 2025 GDP forecast, citing stronger commodity prices, steadier mine output and improved agricultural exports. In a preliminary September outlook presented to the Monetary Policy Committee on 3 September, the Bank of...

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Pacific deep-sea mining moves into sharper focus

Pacific deep-sea mining moves into sharper focus

A flurry of announcements in August 2025 has reshaped the Pacific’s deep-sea mining landscape, with governments and partners signalling different pathways from exploration to possible extraction. In the Cook Islands, officials said they are considering extending...

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Fiji green lights nationwide 5G deployment

Fiji green lights nationwide 5G deployment

Fiji has officially approved the rollout of 5G mobile networks, a development anticipated to usher in faster speeds, lower latency and broader digital innovation. This authorisation marks a significant leap in the country’s tech infrastructure and its digital...

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New SEZ policy to drive long‑term development

New SEZ policy to drive long‑term development

Papua New Guinea has announced its much‑anticipated 2025 to 2032 Special Economic Zone (SEZ) Foundation Policy, positioning it as a central feature of its long‑term economic development strategy. The policy was officially introduced at a high‑profile ceremony held at...

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