Articles by David James

Starting up: top tips for a new Papua New Guinean SME

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The 2020 Budget outlined an ambition to migrate half of Papua New Guinea’s population to some form of formal business by 2030. So what is required to start your own business?

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LNG’s role in Papua New Guinea’s foreign exchange challenges

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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?

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Will Papua New Guinea slip to the back of the LNG queue?

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The suspension, at least for now, of negotiations over the P’nyang LNG project, has raised issues about the investment environment in Papua New Guinea and the issue of risk, according to analysts.

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Papua New Guinea heading into a forex squeeze – World Bank

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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.

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Hack-proofing Papua New Guinea: the new cybersecurity challenge

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As Papua New Guinea catches up in its adoption of digital technologies, there is an urgent need to improve cybersecurity. According to Alberto Cimas, Senior Manager in Deloitte’s Risk and Consulting Practice in PNG, the first step is to understand how easy it is to hack a computer system

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P’nyang project cost competitive and still likely to go ahead, say analysts

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What is likely to happen with the P’nyang gas project? Resources analysts say that it is cost competitive in world terms, and examine some of the options that the players have.

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Papua New Guinea Government calls halt to P’nyang LNG negotiations

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Papua New Guinea’s Prime Minister James Marape has announced the end of negotiations with ExxonMobil over the P’nyang gas agreement. The project’s developers have responded to his claims that there was ‘an unwillingness to agree to reasonable terms’.

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LNG, oil and coffee prices all fall sharply: a monthly review of Papua New Guinea’s commodity and financial markets

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LNG and coffee prices have come off dramatically while oil is weaker. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.

The global ‘megatrends’ that will influence Papua New Guinea’s future

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The accelerated rate of change with technology is constantly throwing up new challenges and opportunities for business. Paul Burman, Megatrends Ambassador for Hewlett Packard, looks at some major technology trends  that might impact Papua New Guinea in the future.

Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

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ExxonMobil and the government-appointed State Negotiating Team have until the end of January to negotiate an agreement for the P’nyang gas project, says Minister for Petroleum.