Economy/Investment

Papua New Guinea Prime Minister says reforms must make up for ‘lost opportunities’

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

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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Kina Securities prospectus released with aim of raising K202 million

Ordinary Papua New Guineans will be able to apply to purchase at least some of 97 million shares in PNG-based financial services company Kina Securities. The company has just launched its prospectus, ahead of an expected listing on both the Port Moresby and Australian stock exchanges on 30 July.
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Papua New Guinea government seeks to encourage more investment by opening stock exchange to more competition

Prime Minister Peter O’Neill says a planned ‘shake up’ of the Port Moresby Stock Exchange (POMSoX) will lead to more innovation and increased domestic and international investment.
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Program for 2015 Papua New Guinea Advantage Investment Summit released

Registrations are now open for the 2015 Papua New Guinea Advantage Investment Summit, to be held at the Brisbane Convention and Exhibition Centre in Brisbane, Australia on 27 and 28 August.
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Economic update: Papua New Guinea changes gear

Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.
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Papua New Guinea agriculture benefitting from lower commodity prices, says Asian Development Bank economist

The Asian Development Bank’s departing Papua New Guinea economist, Aaron Batten, says agriculture is the big winner with the current downturn in commodity prices, while its Country Director Marcelo Minc flags further bank investment in PNG.
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