The Paradise Annual 2018, featuring stories and photos about Papua New Guinea’s travel and culture, has just been been released. The special collectors’ publication includes the most popular stories and photos that have featured in the regular issues of Paradise, the in-flight magazine of Air Niugini.
Togolo and Abel acknowledged in Queen’s Birthday honours list.
Bonapas Onguglo has been working as a trade analyst at the United Nations Conference on Trade and Development (UNCTAD) since 1984, advising African governments how to expand their economies. He sees new opportunities in agribusiness and the ‘ocean economy’.
A new gas discovery by Oil Search, special economic zone proposed for West Sepik province and new climate deal inked. Your weekly digest of the latest business news.
Papua New Guinea’s mandated debt levels are fiercely debated but, according to David James, Managing Editor of Business Advantage PNG, most countries are far less prudent. Could concentrating on the national debt distract from another problem—the lack of an international market for the country’s financial assets?
The Chief Executive of copper and gold producer Ok Tedi Mining, Peter Graham, believes the Papua New Guinean company will enjoy a ‘sweet spot’ in the next few years. He says efficiency gains have substantially improved the mine’s competitiveness.
The Chairman and founder of telecommunications company Digicel, Denis O’Brien, describes Papua New Guinea as a vibrant country that is a ‘fantastic location’ for investors. But he says the physical terrain also made it his company’s most challenging market.
Papua New Guinea will have to dramatically expand its small and medium enterprise (SME) sector if it is to achieve middle income status by 2030, according to Steven Maken, Managing Director of the Small and Medium Enterprises Corporation of Papua New Guinea. That will involve dealing with some key constraints.
Offshore investment by Papua New Guinea companies remains comparatively small, but there are opportunities. One banking executive suggests it as an important way local financial institutions can diversify.
Fiji codeshare gets off the ground, trade talks with Australia, and Goroka Airport now welcoming jets. Your weekly digest of the latest business news.