Articles by David James

Forex squeeze: is Papua New Guinea’s stable kina a liability?

Welcome,

As a thinly traded currency, the kina has been protected from some of the volatility affecting world markets in the wake of COVID-19, but that presents its own set of problems.

Stimulate or stagnate: steering Papua New Guinea’s economy through the COVID-19 crisis

Welcome,

The global economic meltdown that has been triggered by the COVID-19 virus outbreak has hit Papua New Guinea hard. What are the implications for the country’s business and financial sectors?

Oil collapses, copper and cocoa also down: a monthly review of Papua New Guinea’s commodities and financial markets

Welcome,

The oil price has cratered and LNG prices have also been weak. Copper is down sharply and the cocoa price is also off sharply. Business Advantage PNG’s monthly overview of commodity and financial markets.

More investment for farmers in Papua New Guinea’s Highlands region

Welcome,

The World Bank and the International Finance Corporation are looking to step up investments in the Highlands. Michel Kerf, the World Bank’s Country Director for PNG and the Pacific Islands, describes to Business Advantage PNG the challenges and opportunities for the region.

To access this post, you must purchase Individual Subscription or Corporate Subscription.

How Papua New Guinea’s informal and local economy can get through the COVID-19 crisis

Welcome,

The economic fallout from the coronavirus (COVID-19) is creating havoc across world markets and economies. According to the ratings agency Fitch, Papua New Guinea’s formal economy will be affected, but the story could be different for its informal and local economy.

How Papua New Guinea is faring in the global financial maelstrom

Welcome,

The rapid spread of the coronavirus COVID-19 has disrupted global economic activity and led to a fall in financial markets. But the story is very different for big companies in Papua New Guinea, although there will be some adverse impacts, especially in the oil and gas sector.

Ratings agency reveals how Papua New Guinea will manage its debt

Welcome,

Papua New Guinea’s Government is set to rely heavily on concessional finance from multilateral institutions, according to ratings agency Moody’s. The agency is maintaining a B2 rating for PNG debt but has some surprising revelations about the country’s finances.

To access this post, you must purchase Individual Subscription or Corporate Subscription.

What the oil price shock means for Papua New Guinea

Welcome,

Analysts have contrasting views on the effect of the oil price war between Russia and Saudi Arabia on long-term oil and gas projects in Papua New Guinea. David James considers these, and the likely impact on domestic petrol and diesel prices.

To access this post, you must purchase Individual Subscription or Corporate Subscription.

How to be a ‘culture first’ Papua New Guinean company

Welcome,

Developing an approach to business that keeps workers enthusiastic and engaged is more important than ever. So how can Papua New Guinean companies achieve this?

Starting up: top tips for new SMEs

Welcome,

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?