About Business Advantage PNG

Fiji looks for foreign investors in tourism, agriculture, forestry, services and renewables

While tourism is the mainstay of the Fiji economy, policymakers want to broaden the country’s income sources. Fiji’s Consul-General and Trade Commissioner to Australia, Zarak Khan says opportunities lie with business services, agriculture, forestry, textiles and renewables.

In brief: Tuna fishing rebate changes favour on-shore processors, and other business stories

New fishing rebate scheme favours on-shore processors, coffee producer says poor roads in Western Highlands devalues coffee, and Lae laments loss of Alan McLay. Your weekly digest of the latest business news. Trade Minister, Wera Mori, says a threat by foreign fishing firms to close their processing facilities, after the government ended the rebate on […]

People moves: PNG Power, Commerce and Industry Department, Nautilus Minerals, Kina Securities

A new acting CEO of PNG Power, a new Secretary for the Commerce and Industry Department, the Chairman of Nautilus Minerals resigns, Managing Director of Kina Securities retires

People moves: MiBank, GoFood PNG, Forum Fisheries Agency

A new Director at MiBank, Chief Technology Officer appointed at GoFood PNG, Deputy Director-General of Forum Fisheries Agency appointed

In brief: Details of US$500m Credit Suisse loan to Papua New Guinea revealed, and other business stories

Treasury Minister outlines details of US$500 million loan deal, World Bank commends 2018 Budget, crucial meeting over the future of BCL’s exploration licence. Your weekly digest of the latest business news.  

Mainland CEO calls for Papua New Guinea Land Bank register of landowners to develop crop planting

The CEO of Mainland Holdings wants a national register of landowners willing to lease their land or grow crops on their property. David Alcock has also outlined his company’s plans to boost feedstock for poultry and pigs, to reduce costs and save foreign exchang

How to open up Papua New Guinea’s capital markets

Could Papua New Guinea Government bonds and treasury bills soon be purchased anywhere in the world with the click of a button? A new working group aims to look at ways to modernise the way the country raises money.

People moves: Allens

A new Partner at Allens 

In brief: Broadening of Papua New Guinea tax base predicted, and other business stories

Future Budgets expected to see significant tax changes, Sovereign Wealth Fund to be finalised in 2018, and PNG Air enters freight market. Your weekly digest of the latest business news.

In brief: Central bank maintains monetary policy stance, and other business stories

BPNG’s monetary policy unchanged, Minister wants real estate industry controlled, and debit cards to double in the next 12 months.