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Economy/Investment

Chief Trade Adviser refutes claim that PACER Plus is a threat to Papua New Guinea manufacturing

20 Jan 2016 by Leave a Comment
The regional PACER Plus trade agreement will not pose a threat to Papua New Guinea’s manufacturing sector, but could rejuvenate it, according to Edwini Kessie, Chief Trade Adviser of the Pacific Island Countries, who spoke with Business Advantage PNG.
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Papua New Guinea business sees light at the end of the tunnel

25 Nov 2015 by Leave a Comment
In spite of the talk about an economic slowdown in 2016, Papua New Guinea’s capital, Port Moresby, is a city where plenty is still happening as 2015 comes to a close. Business Advantage International’s Andrew Wilkins reflects on recent discussions with Papua New Guinea business leaders.
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Reaction to Papua New Guinea’s 2016 Budget: necessary cuts but still some challenges, say experts

11 Nov 2015 by Leave a Comment
The Papua New Guinea Government has made tough decisions in its 2016 Budget to avoid a cash and macroeconomic crisis. Business Advantage PNG talks to some experts on how the budget measured up to expectations, and what is still needed.
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Foreign exchange controls affect Papua New Guinea business as ANZ calls for changes to kina trading range

6 Oct 2015 by 1 Comment
As Papua New Guinea's business community continues to face foreign exchange shortages, ANZ Bank has called for a relaxation of the enforced trading band for the kina. Meanwhile, analysts say the kina is facing further downward pressure from the US dollar.
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Papua New Guinea Prime Minister says reforms must make up for ‘lost opportunities’

2 Sep 2015 by Leave a Comment
PNG Prime Minister Peter O’Neill says the current wave of economic reforms are vital if the country is to be competitive and living standards rise. He spoke to Business Advantage PNG after addressing the Advantage Investment Summit in Brisbane last week.
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Plenty of growth yet in China for Papua New Guinea business

22 Jul 2015 by 2 Comments
China's economy has promising prospects even as it adapts to a ‘new normal’ stage of its economic development. So what impact will a lower Chinese growth rate have on Papua New Guinea? Business Advantage PNG asks three regional analysts.
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