An overview of multilateral financial institutions with active programs in Papua New Guinea, including the IMF, World Bank, International Monetary Fund and Asian Development Bank.
News
Papua New Guinea and Australia sign economic partnership agreement, seafood venture for New Ireland, and K200 million for SMEs still on its way. The business news you need to kickstart your week.
COVID-19 has reached Papua New Guinea’s mining sector, with its two major mines announcing cases. Meanwhile, new measures are being introduced in response to the growing numbers of infections.
At a time when private sector investment is stalling, the A$2 billion [K4.96 billion] Australian Infrastructure Financing Facility for the Pacific is ramping up and targeting projects that will help drive Papua New Guinea’s economy.
Peter Graham, Chairman of Papua New Guinea’s state-owned mining company Kumul Minerals Holdings, talks extensively about its plans for the future.
Papua New Guinea has a ‘tax mobilisation challenge’ if it is to deal with the financial challenges resulting from the COVID-19 crisis, according to a new Asian Development Bank report.
COVID-19 hits women-owned MSMEs hard, high jinx at the PNG High commission, and retail investor rollercoaster in the US. Readings from around the world on business, leadership and management.
Geopacific Resources elects a Non-Executive Director, the Port Moresby Chamber of Commerce and Industry (POMCCI) announces its Board composition for 2020 – 2021, Newcrest mining appoints a new Company Secretary.
Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG’s investment laws.
Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.