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Latest news
PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US
The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.
In brief: Russia and PNG to set up mutual embassies, and other business news
Russia plans to open an embassy in Port Moresby, the Australian Prime Minister announces relaxed visa rules for Pacific nations, and Crystal Kewe, the young app developer, wins a major APEC award.
Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical
The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.
APEC 2018
Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical
The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.
The 2018 APEC CEO Summit – as it happened
Business Advantage PNG’s coverage of 2018 APEC CEO Summit in Port Moresby, Papua New Guinea, held from 15 to 17 November.
How the world’s media reported on APEC 2018 in Papua New Guinea
The eyes of the world’s media are on Papua New Guinea as delegates arrive in Port Moresby for APEC Leaders Week. Here’s a overview of how the country and the event has been covered by the world’s press this week.
Economy/investment
2019 Budget aims to broaden economy and increase expenditure and revenue
The Treasurer, Charles Abel, has handed down the 2019 Budget, revealing a 12 per cent jump in revenues and a 9 per cent jump in expenditures. He announced changes to the income tax threshold, and an increase in capital expenditure.
Opinion and analysis
Analysis: Papua New Guinea National Budget reflects improving outlook in 2019
The 2019 Budget reflects an improving economic outlook says Zanie Theron, KPMG’s PNG Country Managing Partner. She points to increased private investor confidence and positive signs with foreign exchange.
Mining & petroleum
Robots, drones and profits: how digital technology is revolutionising mining
Digital technology and artificial intelligence is changing the way mining is conducted, according to Christiaan Heyning, a Partner at the consultants McKinsey & Company. But he warns that astute management is required to reap the benefits.
Interviews
Papua New Guinea PM O’Neill looks for lasting policy legacy from APEC
In the second half of his exclusive conversation with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says the policies developed at the APEC Leaders meeting will have a lasting impact on the country. He says APEC marks a unique opportunity to market PNG as an investment destination.
Infrastructure
PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US
The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.
Company profiles
How Supreme Industries has expanded in Papua New Guinea
Port Moresby-based retailer/wholesaler Supreme Group found itself needing products and services it couldn’t source in Papua New Guinea, so it decided to create them. Group Managing Director Sanjay Shah, tells Business Advantage PNG that the group has grown quickly and is anticipating more diversification.
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
PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US
The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.
Features
PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US
The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.
Turning security guards into role models in Papua New Guinea
A new initiative aimed at improving standards across Papua New Guinea’s security industry is being welcomed as a significant step forward. [Read more ...]
Opinion
Analysis: Papua New Guinea National Budget reflects improving outlook in 2019
The 2019 Budget reflects an improving economic outlook says Zanie Theron, KPMG’s PNG Country Managing Partner. She points to increased private investor confidence and positive signs with foreign exchange.
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