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Kiribati eyes economic recovery with infrastructure push; reform
Kiribati’s economy is beginning to show signs of recovery in 2025, as the Pacific Island nation leverages infrastructure investment, tourism revival, and a renewed focus on governance reforms to stabilise its economic outlook. Following several years of sluggish...
Marshall Islands gains lifeline with World Bank support
The Republic of the Marshall Islands (RMI), a small island nation in the central Pacific, has received a vital boost to its financial resilience through a new World Bank initiative designed to keep Pacific countries connected to the international banking system. The...
Solar mini-grids power up remote Tongan islands
Tonga is making tangible progress toward its renewable energy targets with the rollout of solar-powered mini-grid systems across its outer islands, in a bold move to reduce its dependence on expensive diesel imports and improve electricity access for remote...
Forum explores investment pathways from culture to code
The 40th Australia-Papua New Guinea Business Forum and Trade Expo concluded in Port Moresby with a renewed commitment to shaping future trade and investment between the two countries. Held from 23 to 25 June at the Stanley Hotel under the theme “Securing the Future of...
PNG rolls out digital government platform to improve services
Papua New Guinea has begun rolling out its national digital government infrastructure, with pilot launches in June 2025 bringing a wave of modernisation to public services. Spearheaded by the Department of Information and Communications Technology (DICT) and supported...
Businesses urged to prioritise cybersecurity amid rising digital risk
As Papua New Guinea’s digital economy grows, global financial services company Visa and consulting firm KPMG are urging local businesses to make cybersecurity a strategic priority. Speaking at a business risk roundtable in Port Moresby in early July, the firms...
Institutional forecasts signal economic optimism –with caveats
Papua New Guinea’s economic outlook for 2025 has drawn cautious optimism from major development institutions and regional banks, with growth forecasts converging around a stronger recovery driven by mining, agriculture, and a more resilient non-resource sector. Four...
Bougainville Government takes control of BCL shares in historic transfer
In a landmark move symbolising both economic empowerment and political aspiration, the Government of Papua New Guinea has formally transferred its entire 36.45 per cent stake in Bougainville Copper Limited (BCL) to the Autonomous Bougainville Government (ABG). The...
Registrations open for Pacific Infrastructure Conference 2025
Registrations are now open for the Pacific Infrastructure Conference 2025, the region’s premier platform for collaboration on sustainable infrastructure development across the Pacific Islands. The conference will bring together government leaders, private sector...
Pacific Infrastructure Roadshow showcases $2B pipeline
Austrade’s Pacific Infrastructure Roadshow held in Melbourne, Sydney and Brisbane in early June showcased a vibrant pipeline of infrastructure projects across the Pacific Islands region, revealing nearly US$2 billion in upcoming tenders and reinforcing calls for early...
Boost for young entrepreneurs, start-ups
The Fijian Government is set to increase funding for its flagship Graduate Business Start-Up Grant Scheme in the upcoming 2025–26 national budget, reaffirming its commitment to fostering youth entrepreneurship and addressing unemployment among graduates. The...
Agriculture fuels export boom
Fiji’s export sector continues its upward trajectory, with agriculture playing an increasingly prominent role in driving foreign exchange earnings and rural development. According to recent figures released by Investment Fiji, total exports grew from FJD $1.8 billion...
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