Region

Lack of import controls harming Papua New Guinea’s fishing industry says Fishing Industry Association’s Celso

Papua New Guinea’s fishing industry faces fierce competition from Thailand and the Philippines, says Pete Celso, Managing Director of R D Tuna Canneries in Lae. He believes a lack of control over imports is harming the local industry.
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US$200 million in finance for private sector climate change projects

Climate change is the ‘single greatest threat to the livelihoods, security and wellbeing of the peoples of the Pacific’, according to the Pacific Islands Forum Secretariat (PIFS). But the region is showing leadership and there are opportunities for Papua New Guinea to gain access to climate finance.
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First APEC Business Advisory Council meeting in Papua New Guinea kickstarts private sector involvement in APEC 2018

E-commerce, empowering women in business and anti-dumping measures were highlights of last month's APEC Business Advisory Council (ABAC) meeting in Port Moresby. Business Advantage PNG asked Douveri Henao, Lead Staffer for ABAC, for his response to the meeting.
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Surging Japanese trade and Chinese investment to integrate Papua New Guinea into Asian region

Papua New Guinea’s first LNG project has transformed the country's exporting landscape, with Japan overtaking Australia as its number one trading partner. China will also become a major source of funds, taking over from Australia and global lending agencies. But don’t expect the broader bilateral relationships to change quickly.
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Chinese business delegation in Papua New Guinea to examine investment opportunities

Thirty-six executives from major Chinese energy, forestry, fisheries, tourism and construction businesses are in PNG this week to look for investment and development opportunities. Pacific Trade Commissioner David Morris is leading the delegation. This week’s trip to PNG reflects ‘very strong’ Chinese interest in supporting infrastructure development and in PNG’s capacity to supply China with goods […]
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Chief Trade Adviser refutes claim that PACER Plus is a threat to Papua New Guinea manufacturing

The regional PACER Plus trade agreement will not pose a threat to Papua New Guinea’s manufacturing sector, but could rejuvenate it, according to Edwini Kessie, Chief Trade Adviser of the Pacific Island Countries, who spoke with Business Advantage PNG.
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