Economy/Investment

What the IMF says will solve PNG’s problems

8 Feb 2017 by David James Leave a Comment

The IMF’s report on Papua New Guinea has suggested that the PNG Government has responded to pressures on the budget and foreign exchange shortages. But it says that more attention should be given to the deals offered to foreign mining companies.
Read More

Government being ‘prudent’ but investment in non-resources sector critical, says Asian Development Bank

31 Jan 2017 by David James Leave a Comment

The Papua New Guinea government is being ‘prudent’ in its approach to the Budget, according to the Asian Development Bank’s PNG Country Director Marcelo Minc and Country Economist Yurendra Basnett. They tell Business Advantage International that investment in non-resource sectors is required for the economy to progress. ‘We can see that the Government is being prudent […]
Read More

Oil and metals in holding pattern: a monthly review of Papua New Guinea’s commodities and financial markets

24 Jan 2017 by David James Leave a Comment

Commodities markets appear to have entered a holding pattern, with stability evident in the oil market and metals. Business Advantage PNG’s monthly overview of Papua New Guinea's commodity and financial markets.
Read More

Agility keeps NASFUND ahead in tougher investment climate says CEO Ian Tarutia

24 Jan 2017 by David James 1 Comment

Superannuation company Nasfund continues to deliver positive returns to its members, Chief Executive Ian Tarutia tells Business Advantage PNG. But weak economic conditions in Papua New Guinea, foreign exchange restrictions and rising unemployment mean the organisation has to be agile.
Read More

Signs of real recovery as big money shows interest in large resource projects

14 Dec 2016 by David James Leave a Comment

Sovereign wealth funds, private equity and ‘mega-families’ are showing a growing interest in investing in large resource projects, according to Graham Smith, Global Leader Mining M&A at KPMG Corporate Finance in Australia. The PNG Mining and Petroleum Investment conference was told that investment, debt and equity markets are showing signs of improvement.
Read More

advertisment...

Copper down but palm oil up: a monthly review of commodities and financial markets

29 Nov 2016 by Business Advantage PNG Leave a Comment

Copper and cocoa prices have eased sharply over the last month, while palm oil prices have surged. Gas and oil prices are largely unchanged and precious metals prices have eased. Business Advantage PNG’s monthly overview of commodity and financial markets.
Read More

Kina to continue to ease until 2018, putting pressure on foreign exchange, according to ANZ

15 Nov 2016 by David James Leave a Comment

Papua New Guinea has an improving current account, says Cameron Bagrie, New Zealand Chief Economist for the ANZ Bank. But he says if the financial imbalances are to be dealt with effectively, there needs to be a plan for fiscal consolidation and attention to small details at the microeconomic level.
Read More

High Commissioner Winnie Kiap highlights opportunities in Britain for Papua New Guinea coffee and cocoa producers

15 Nov 2016 by Business Advantage PNG Leave a Comment

Papua New Guinea’s High Commissioner to the UK, Winnie Kiap, tells Business Advantage PNG that the coffee craze in the UK offers huge potential for PNG growers and producers, especially after two successful trade delegations have boosted awareness.
Read More

Papua New Guinea rises 14 places in World Bank ‘ease of doing business’ ratings

7 Nov 2016 by Kevin McQuillan 1 Comment

Papua New Guinea has risen 14 places overall in the World Bank’s annual report on ‘Ease of Doing Business’, primarily in the areas of starting a business and getting credit.
Read More

Papua New Guinea’s 2017 National Budget flags business tax changes and cuts to infrastructure, education and health spending

2 Nov 2016 by David James Leave a Comment

The 2017 Federal Budget announces complex changes in company taxation arrangements. Spending on infrastructure, health and education will be cut, and there are signs that funding government debt may prove increasingly challenging.
Read More

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Economy/Investment

What the IMF says will solve PNG’s problems

Government being ‘prudent’ but investment in non-resources sector critical, says Asian Development Bank

Oil and metals in holding pattern: a monthly review of Papua New Guinea’s commodities and financial markets

Agility keeps NASFUND ahead in tougher investment climate says CEO Ian Tarutia

Signs of real recovery as big money shows interest in large resource projects

Copper down but palm oil up: a monthly review of commodities and financial markets

Kina to continue to ease until 2018, putting pressure on foreign exchange, according to ANZ

High Commissioner Winnie Kiap highlights opportunities in Britain for Papua New Guinea coffee and cocoa producers

Papua New Guinea rises 14 places in World Bank ‘ease of doing business’ ratings

Papua New Guinea’s 2017 National Budget flags business tax changes and cuts to infrastructure, education and health spending

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

From the Business Advantage blog

Recent readers’ comments

Sign In

Subscribe

Welcome to PNG’s top-ranked business media.

Economy/Investment

Register to receive our free PNG Business Update emails

Editor’s picks

Recent readers’ comments