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In brief: APEC means two new public holidays likely, and other business stories

8 Aug 2018 by Leave a Comment
Mooted public holidays during APEC, Budget support loans from the ADB and World Bank coming, and a new focus on monetising the okari nut. Your weekly digest of the latest business news. The National Executive Council will be discussing proposed public holidays on November 15 and 16 in Port Moresby to cater for the movements […]
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Higher commodity prices are boosting Papua New Guinea’s economy, says ADB economist

8 Aug 2018 by Leave a Comment
The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.
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Prime Minister gives upbeat take on Papua New Guinea’s economy

7 Aug 2018 by 1 Comment
The Prime Minister, Peter O’Neill, speaking at Business Advantage
 Papua New Guinea Investment Conference in Brisbane, said the mid-year assessment of the economy was better than anticipated. He said the growing investment interest in the Pacific from China, Australia and the United States is ‘healthy’.
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Prime Minister O’Neill leads stellar line-up for next week’s investment conference in Brisbane

1 Aug 2018 by 2 Comments
All eyes will be on Brisbane August 6 and 7, when Papua New Guinea presents its investment credentials to an audience of domestic and international investors. We preview the 2018 Business Advantage Papua New Guinea Investment Conference.
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In brief: US, Australia and Japan announce new infrastructure fund for the Pacific, and other business stories

31 Jul 2018 by Leave a Comment
Galip nut industry taking off, Horizon Oil reports strong quarter, and two online marketplaces launched. Your weekly digest of the latest business news.
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Papua New Guinea mining rates ahead of several Australian states for attractiveness

24 Jul 2018 by 1 Comment
Research by the Fraser Institute shows that Papua New Guinea rates ahead of several Australian states for attractiveness for mining investment. Gavin Wendt, Founding Director of resource analyst Minelife, says statements from Kumul Mineral Holdings' Chairman Peter Graham that it will invest in upcoming projects are also a positive for foreign investors.
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