Home  »  News  »  Latest news
Latest news

In brief: Abel to present on economic integration, and other business news

9 Oct 2018 by Leave a Comment
Abel on economic integration, renewable energy transition by 2050 and a K2m commitment to revive Goilala coffee. Your weekly digest of the latest business news.
Read More

Lae businesspeople express concern at abuse of customs importing system

9 Oct 2018 by Leave a Comment
Lae businesspeople have told a Customs Department forum they are deeply concerned about some importers abusing the system by under-reporting the value of their imports, or simply not declaring them. Lae Chamber of Commerce Executive member Keith Kingston says another issue highlighted was trade in counterfeit goods.
Read More

APEC on track despite frictions over regional trade says Executive Director Bollard

9 Oct 2018 by Leave a Comment
Preparations for the APEC  Leaders Week are going well, according to Alan Bollard, Executive Director of the APEC Secretariat. He tells Business Advantage PNG that the policy work is paying off and the logistical preparations are sound, but there are some tensions over trade.
Read More

Sovereign bond an ‘important milestone’ for Papua New Guinea that should affect interest rates, says BSP’s Fleming

9 Oct 2018 by Leave a Comment
The US$500 million sovereign bond raising will improve foreign exchange cash flows, according to Robin Fleming, Chief Executive of Bank South Pacific. He tells Business Advantage PNG that it represents an 'important milestone' for Papua New Guinea's financial system.
Read More

Tourism study reveals visitors to Papua New Guinea spent K260 million in first half of year

2 Oct 2018 by 3 Comments
A study by the International Finance Corporation has found that for the first six months of the year, there were 34,600 tourist visitors to Papua New Guinea. They spent a total of US$78 million (K260 million), which was an average of US$2262 (K7529) per trip.
Read More
advertisment...

Will Papua New Guinea’s successful sovereign bond issue improve the foreign exchange situation for business?

2 Oct 2018 by Leave a Comment
The success of Papua New Guinea’s first US$500 million bond issue will depend on the government’s spending focus, according to Paul Barker, Director of PNG’s economics research think tank, the Institute of National Affairs. He tells Business Advantage PNG that the private sector has to get access to foreign exchange because of extended delays.
Read More

In brief: Ramu NiCo announces K4.8b expansion plans, and other business news

2 Oct 2018 by Leave a Comment
Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.
Read More

APEC Study Centre for improving innovation in Papua New Guinea to open

2 Oct 2018 by Leave a Comment
The PNG APEC Study Centre is to be officially opened next week at the National Research Institute. According to Dr Thomas Webster, Professorial Research Fellow at the NRI, the aim of the centre is to improve the understanding and enabling of innovation in Papua New Guinea.
Read More

Papua New Guinea PM O’Neill looks for lasting policy legacy from APEC

2 Oct 2018 by Leave a Comment
In the second half of his exclusive conversation with Business Advantage PNG's Andrew Wilkins, the Prime Minister Peter O'Neill says the policies developed at the APEC Leaders meeting will have a lasting impact on the country. He says APEC marks a unique opportunity to market PNG as an investment destination.
Read More

Pacific Island exporters expecting boost in orders and looking to Asia, study finds

25 Sep 2018 by Leave a Comment
A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.
Read More
« Previous Page
Next Page »