What steps does Papua New Guinea need to take to avoid greylisting?

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At this stage, it appears that Papua New Guinea will likely be greylisted by the Financial Action Task Force in early 2026. Zanie Theron, Partner-in-Charge of KPMG’s South Pacific practice, shares what PNG has done so far on greylisting, and the steps the country still must take to address this very serious risk.

Economic update: Will 2025 be Papua New Guinea’s golden year?

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Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.

People moves: Asian Development Bank

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New ADB Director General for the Pacific.

Opinion: What will US aid cuts mean for Papua New Guinea and the Pacific?

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The United States’ Trump Administration’s freeze on foreign aid will be felt around the world, including in Papua New Guinea. Terence Wood of the Australian National University’s Development Policy Centre breaks down the potential impact on PNG and the Pacific.

Investment conference to focus on growth opportunities and business conditions in Papua New Guinea

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Disruptive technology, Papua New Guinea’s next wave of infrastructure and resources projects, and the rising influence of ESG on business are some of the topics to be covered by the upcoming 2024 Business Advantage PNG Investment Conference.

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab Tomodachi – capable of welcoming international flights. Business Advantage PNG visits the new facility.

Regulatory overhaul to turbocharge capital market growth in Papua New Guinea

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Proposed amendments to the laws governing Papua New Guinea’s capital markets aim to open up the market to more ways of raising capital and strengthen governance in the sector.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

In brief: World Bank to fund new agriculture project in Papua New Guinea and other business stories

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The World Bank announced new program and generous funding for Papua New Guinea agriculture sector, call centre launched for the 2022 elections and the Civil Aviation Development Investment Program eyes phase 2. The business news you need today.

People moves: Credit Corporation, Asian Development Bank

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Credit Corporation welcomes new Group Chief Risk Officer and the Asian Development Bank announced new Special Senior Adviser for Climate Change.