Features
Latest news
Tourism in Papua New Guinea: strategy hitting the mark
Figures on visitor arrivals to Papua New Guinea indicate that business travel and tourism are growing but there has been a falling interest the MICE market. The number of people coming to PNG for employment increased markedly.
In brief: good news for Wafi-Golpu and other business stories
Wafi-Golpu Joint Venture partners receive ‘green light’ to engage in discussions with the State of Papua New Guinea, petroleum licences owe over K10 million and Gerehu to NiuPower gas plant transmission lines completed. The business news you need to kick-start your week.
Papua New Guinea heading into a forex squeeze – World Bank
A new World Bank report details a worsening of Papua New Guinea’s economic prospects and finances. It says that the country is ‘steadily’ losing foreign exchange.
Opinion and analysis
Three reforms needed for the ‘digitalisation’ of Papua New Guinea [opinion]
PwC’s Mohammad Chowdhury and Jonathan Seeto argue PNG needs three critical market reforms if it wants to make the most of its new telecommunications infrastructure.
Economy/investment
Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea
As talks between ExxonMobil and Papua New Guinea’s State Negotiating Team over the P’nyang gas project reach their nominated ‘walk away’ deadline today, the Prime Minister, James Marape, has said he is confident that LNG will help underpin economic growth in the country for the next decade.
Transparency report shines light on Papua New Guinea’s extractive sector
Although the extractive sector continues to be responsible for the bulk of Papua New Guinea’s exports, the latest Papua New Guinea Extractive Industries Transparency Initiative report has found that revenues to government remain comparatively small. Here’s what you need to know.
People moves
People moves: Pacific Tourism Organisation, National Airports Corporation, ACP Group
The Pacific Tourism Organisation announces a Finance and Corporate Services Manager, new Board of Directors for the National Airports Corporation and the ACP Group appoints a Chairperson of the Committee of Ambassadors.
Boardroom briefing
Boardroom briefing: no more IPOs boys’ club, shipping index sinks, and digital marketing tricks
Goldman Sachs bans all-male IPOs, coronavirus hits international shipping and how SMEs can market better.
From our online directory …
Doing Business in Papua New Guinea
The ultimate guide to doing business in Papua New Guinea, produced by Business Advantage International, its content partners, and third parties.
Profiles of Papua … Read on ...Interviews
Five questions for YuTru’s Tony Willenberg
YuTru, Papua New Guinea’s first digital identification or ‘trust framework’, will enable more people to access and participate in the online economy. In this exclusive interview with Business Advantage PNG, Tony Willenberg, consultant to the project, tells us how YuTru is progressing.
Infrastructure
Technology the key to Papua New Guinea ports’ improved efficiency
Papua New Guinea’s major ports of Port Moresby and Lae have achieved significant efficiencies. In this exclusive interview with Business Advantage PNG, ICTSI Chief Executive Officer Anil Singh outlines the opportunities to grow both ports.
Company profiles
Greenlight Planet aiming to help Papua New Guineans ‘climb the energy ladder’
After successfully launching solar-powered devices in Asia and Africa, Greenlight Planet expanded into Papua New Guinea in 2016 and has been instrumental in the solar sector’s phenomenal growth across the country. Lisa Smyth discovers what’s next for the for-profit social enterprise.
From our online directory …
‘The PNG 100’: key Papua New Guinea companies
Contact details for key Papua New Guinea corporations and service providers, listed by industry … Click to view list ...
Latest News
Tourism in Papua New Guinea: strategy hitting the mark
17 Feb 2020 By Leave a Comment
Figures on visitor arrivals to Papua New Guinea indicate that business travel and tourism are growing but there has been a falling interest the MICE market. The number of people coming to PNG for employment increased markedly.
Features
LNG’s role in Papua New Guinea’s foreign exchange challenges
17 Feb 2020 By
The lack of foreign exchange is having a deep impact on Papua New Guinea’s financial system. A new World Bank report shows that mining is the biggest generator of foreign exchange in PNG, but what about LNG projects?
Opinion
Three reforms needed for the ‘digitalisation’ of Papua New Guinea [opinion]
PwC’s Mohammad Chowdhury and Jonathan Seeto argue PNG needs three critical market reforms if it wants to make the most of its new telecommunications infrastructure.
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