Articles by David James

Supplementary budget imposes greater austerity on Papua New Guinea’s economy

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The Papua New Guinea government has brought down a supplementary Budget to address what it described as a ‘record budget deficit.’ The Minister for Treasury, Ian Ling-Stuckey, claimed it is necessary to get the Budget within sound fiscal limits.

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HR strategies for Papua New Guinea

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David James reports how Papua New Guinean businesses are taking local cultural considerations into account in the management of their staff.

The export markets that matter to Papua New Guinea – and how they are changing

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What’s happening in Papua New Guinea’s three most important export markets? Demographer Bernard Salt says social trends in China, Australia and Japan will affect the business they do with PNG in the future, and present new opportunities.

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What Papua New Guinea’s central bank is saying about the economy

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Ahead of this week’s expected Supplementary Budget, the Bank of Papua New Guinea’s September Monetary Policy Statement points to continued financial pressures, despite a strong trade performance. David James considers what it means for foreign exchange and domestic demand.

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Focus moves to P’nyang agreement after government endorsement of Papua LNG

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After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.

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Oil price volatile and LNG and cocoa up: a monthly review of Papua New Guinea’s commodities and financial markets

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The oil price has been extremely volatile this month, while LNG has strengthened. The cocoa price is also up sharply. Business Advantage PNG’s monthly overview of commodity and financial markets.

Bank South Pacific’s vision for digital banking

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Bank South Pacific is broadening its digital offering, according to Nuni Kulu, BSP’s General Manager, Digital. She told the 2019 Business Advantage Papua New Guinea Investment Conference that technology is driving big changes in the banking landscape.

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The ambitious 20-year plan to create Papua New Guinea’s national road network

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The 20-year National Road Network Strategy to improve Papua New Guinea’s roads is about to begin. David Wereh, Secretary of the Department of Works & Implementation, says the strategy aims to address both maintenance of existing roads and building new connections.

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IFC’s ambitious plan to improve agribusiness in the Markham and Ramu valleys

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The International Finance Corporation is undertaking a scoping study of the Markham and Ramu valleys to assess agricultural opportunities in Papua New Guinea. The results will help to develop a win-win business model for agri-investors and customary landowners.

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The Marape Manifesto: Prime Minister announces bold new course for Papua New Guinea

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Papua New Guinea’s Prime Minister, James Marape, has issued The Marape Manifesto, a blueprint outlining his priorities in government. It flags some big changes, especially in the resource sector. David James explores.

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