Recent government communications with Fiji Television Ltd, owner of Papua New Guinea’s national television broadcaster EMTV, indicates the PNG Government is considering new laws to restrict foreign ownership of PNG’s media.
Economy & Investment
The sharp fall of Papua New Guinea’s currency, the kina, over the past few months is a cause for concern, with Manufacturers Council of PNG CEO Chey Scovell describing it as a ‘real kick in the guts’ for local manufacturers.
Expanding the small business sector, managing urbanisation and developing modern communications were the PNG Government’s three priority areas, Prime Minister Peter O’Neill said last week.
The annual Papua New Guinea Advantage investment summit was held this week in Port Moresby. After two days of discussions, presentations, speeches, dinners and question-and-answer sessions, here are five observations.
The third edition of The PNG Investors’ Manual, a publication designed to help companies do business in Papua New Guinea, was launched on Monday by Papua New Guinea’s Prime Minister, Peter O’Neill.
Papua New Guinea’s Prime Minister Peter O’Neill will open the country’s annual investment conference in Port Moresby next Monday.
Twitter, the world’s fastest-growing social media platform, will make a presentation to delegates of the Papua New Guinea Advantage international investment summit in Port Moresby next month, organisers have confirmed.
The Institute of National Affairs’ (INA) five-yearly survey of businesses in Papua New Guinea shows that once again law and order stands out as the private sector’s top concern, closely followed by corruption.
Papua New Guinea Sustainable Development Program Ltd appears to be resigned to losing its main asset, the Ok Tedi mine, to the PNG Government. What are the implications if the takeover goes ahead?
Indonesia and Papua New Guinea have ratified their double taxation treaty, in a sign of developing closer economic relations.