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.
News
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.
The National Housing Corporation appoints a new Board Chairman and Gas Resources PNG LNG elects a Director of the Board.
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.
Primer Minister Peter O’Neill travelled to China to attend a business forum, five Members of Parliament resigned and Oil Search outlined the terms of agreement of Papua LNG. Your weekly digest of business news.
New Finance Minister, Papua New Guinea’s Prime Minister appoints Acting Justice Minister and Attorney General, Tropicair gets a new Chief Executive and Digicel PNG announces new CEO.
Life without ‘smartphone rubbish’, two international airports boost their capacity, and Papua New Guinea set for ‘thousand-fold’ improvement of internet capacity. Readings from around the world on business, leadership and management.
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.
As part of its effort to diversify the economy, the Government has shifted to subsidising fish processing in Papua New Guinea, rather than subsidising the catching of fish. It is one of the changes occurring in the industry. Three manufacturers talk about the changes and challenges PNG’s fish processing industry is facing.