Is Papua New Guinea better understood as two economies rather than one? Two economists examine the complexity of the country’s position.
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One country, two economies: Papua New Guinea’s economic paradox
6 Nov 2019 by 1 Comment
Economy/Investment
Oil, LNG and metals prices have all been strong: a monthly review of Papua New Guinea’s commodity and financial markets
30 Oct 2019 by Leave a Comment
Oil and gas have performed strongly, and there is also an upward trend in metals prices. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
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Papua New Guinea’s economy remains broadly positive despite slow economic growth forecast for 2020
28 Oct 2019 by Leave a Comment
Economists have cut forecasts for Papua New Guinea's 2020 GDP growth but there is a consensus that the slowing will only prove to be temporary. David James explores three new views of PNG's economy in 2020 and beyond.
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What the future holds for Papua New Guinea’s stock market
23 Oct 2019 by Leave a Comment
What is the future of Papua New Guinea’s stock market? PNGX Chairman David Lawrence believes there is an opportunity to expand the country’s capital markets, while changes to the regulator are also expected. David James explores.
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Supplementary budget imposes greater austerity on Papua New Guinea’s economy
14 Oct 2019 by Leave a Comment
The Papua New Guinea government has brought down a supplementary Budget to address what it described as a 'record budget deficit.' The Minister for Treasury, Ian Ling-Stuckey, claimed it is necessary to get the Budget within sound fiscal limits.
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The export markets that matter to Papua New Guinea – and how they are changing
9 Oct 2019 by Leave a Comment
What's happening in Papua New Guinea’s three most important export markets? Demographer Bernard Salt says social trends in China, Australia and Japan will affect the business they do with PNG in the future, and present new opportunities.
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What Papua New Guinea’s central bank is saying about the economy
4 Oct 2019 by Leave a Comment
Ahead of this week's expected Supplementary Budget, the Bank of Papua New Guinea’s September Monetary Policy Statement points to continued financial pressures, despite a strong trade performance. David James considers what it means for foreign exchange and domestic demand.
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Focus moves to P’nyang agreement after government endorsement of Papua LNG
2 Oct 2019 by 1 Comment
After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.
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Oil price volatile and LNG and cocoa up: a monthly review of Papua New Guinea’s commodities and financial markets
30 Sep 2019 by Leave a Comment
The oil price has been extremely volatile this month, while LNG has strengthened. The cocoa price is also up sharply. Business Advantage PNG’s monthly overview of commodity and financial markets.
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Fiji and Papua New Guinea should strengthen economic ties, says ANZ economist
23 Oct 2019 by Leave a Comment
Papua New Guinea could be on the cusp of a sustained period of strong economic growth, and Fiji should be seeking closer economic ties, says Kishti Sen, International Economist for the ANZ Banking Group, in an exclusive interview with Business Advantage PNG.
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