PNG’s Kina Bank invests in Brisbane’s sustainable fintech future 

Rapidly growing Queensland fintech and neobank startup WLTH has secured a $7 million (US$4.62 million) investment from Papua New Guinea’s Kina Bank.    Trade and Investment Queensland has been seeking trade and

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Fiji and Australian Business Councils to address post COVID recovery

Government and business professionals from Fiji and Australia will convene at the 27th Australia-Fiji Business Forum in Sydney next week. After a two-year hiatus, the Australia-Fiji Business Forum will be held for the

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PNG’s Investment Promotion Authority to deregister firms

Papua New Guinea Investment Promotion Authority (IPA) expects the number of companies listed in its system to drop, due to its cleansing exercise, an official says.  Managing director Clarence Hoot said those companies

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U.S. considers Solomon Islands tuna plant investment

The United States is considering investing in a tuna-canning facility under construction in the Solomon Islands. The United States, Australia, and New Zealand have been competing with China for influence in the Pacific.

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Superfunds to host investment forum in PNG

Nasfund and Nambawan Super will be co-hosting the Pacific Island Investment Forum on behalf of the PNG Superannuation Industry in Port Moresby from 27-31 March, 2023. The Pacific Islands Investment Forum (PIIF) is an

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Fiji marks first Corporate Bond Offer under new regulations

Fijian Holdings Limited (FHL) last week opened a Wholesale Corporate Bond offer of F$30 million, stating it marks a major step forward in efforts to diversify the nation’s financial market. It is the first bond offer

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More green energy in PNG : Marape

Days after his election as Papua New Guinea Prime Minister, James Marape took his first official overseas trip to discuss green energy projects with leaders of Fortescue Future Industries (FFI) in Singapore. He said

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PNG Government approves new bank

The PNG Government has approved the Peoples Micro Bank Limited to be a full-fledged commercial bank, Papua New Guinea State Enterprises Minister William Duma says. “This means the bank and Kumul Consolidated Holdings

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PTI Australia delivers record Pacific investment deals

Pacific Trade Invest (PTI) Australia has recorded more than AUD$27 million (US$12 million) in export deals and a 17 investment deals facilitated in the region, despite the challenging pandemic environment. The Pacific

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Fijian businesses sought for U.S. investment Summit 

The United States embassy in Suva is recruiting companies to join a Fijian business delegation to the 2022 SelectUSA Investment Summit in June in the Washington, D.C. area. The Investment Summit promotes

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Impact Investment: Taking ownership to future-proof the Pacific post-COVID

COVID-19 has been a stark reminder of how our economic, social and environmental systems are closely intertwined and dependent on each other. The pandemic has deeply affected the economies of many Pacific nations. How

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Pacific Islands Forum Secretariat appoints its Trade Commissioner in New Zealand

Pacific Trade Invest New Zealand has a new Trade Commissioner. Mrs Glynis Miller, a Fiji national, was appointed following a recruitment drive in November 2020. The formal announcement was made this week by Secretary

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