Working with local farmers to get the fundamentals right has led to massive production increases for fresh produce business Hilans Fres in Papua New Guinea’s Western Highlands Province. Advisor Paul Browne explains how it’s been achieved.
Latest news
The latest business news from Papua New Guinea and the region
Nine members of Papua New Guinea’s Parliament resigned from the People’s National of Congress, Bougainville Copper Limited said there is interest to revive the Panguna mine, and rice harvesting commenced at Rangiampun in Umi. Your weekly digest of business news.
Papua New Guinea’s foreign investment laws are under review, with the government trying to balance the interests of local businesses and foreign investors. David James looks at what is being proposed so far.
Registrations are now officially open for the 2019 Business Advantage Papua New Guinea Investment Conference and the provisional program has been released. The conference will take place in Sydney, Australia on 19 & 20 August 2019.
Digitisation and automation of the shipping sector will have a big impact on bringing industry in Papua New Guinea into the 21st century, Swire Shipping Country Manager Alistair Skingley tells Business Advantage PNG.
Oil continues to surge and gas prices show signs of recovery Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
A new report indicates that most Papua New Guineans still consider house prices to be out of reach, although some believe this is an ideal time for buying.
ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.
The March Monetary Policy Statement from the Bank of Papua New Guinea has urged the government to rethink the way it negotiates concessions and tax exemptions with new resources projects. Taking a strong position, it points to how previous agreements have been a factor in foreign exchange shortages and adverse trends in government finances.
The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33.7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. The project, which will double PNG’s gas production, represents the second-largest foreign direct investment ever in the country.