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Economy/Investment

The rise of PNG’s private sector

1 May 2012 by Leave a Comment
IFC, the private sector development arm of the World Bank Group, has increased its presence in Papua New Guinea. Business Advantage talks to IFC’s Resident Representative in PNG, Carolyn Blacklock, about taking PNG’s private sector to the next level. What is the status of the IFC’s own investment portfolio in PNG? We continue to work […]
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Papua New Guinea’s capital markets

1 May 2012 by 2 Comments
After strong performances in 2009 and 2010, the Port Moresby Stock Exchange (POMSoX) experienced a tough 2011, as did many bourses around the world. The Kina Securities Index, which measures the health of PNG’s stock exchange, reported a 22.21% fall in 2011, but this fall should be seen in context. The region’s major exchanges—the Nikkei […]
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BSP leads Papua New Guinea’s charge into the Solomons

1 Feb 2012 by Leave a Comment
Papua New Guinea firms are playing a key role in the Solomon Islands as investment floods in. The opening of a landmark new head office building in central Honiara marks the final stage of the takeover by Bank South Pacific (BSP) of the former National Bank of Solomon Islands (NBSI). It also symbolizes the pivotal […]
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The changing face of investment in Papua New Guinea

1 May 2011 by Leave a Comment
With PNG expected to grow faster than China in 2011, Business Advantage examines just who is investing in PNG and in what sectors, and asks where the best opportunities lie in the future. ‘We’re at the start of a very long term growth period—the outlook long-term is extraordinary,’ says Rod Mitchell, the joint-CEO of PNG […]
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Papua New Guinea looks north for investors

1 May 2011 by 1 Comment
PNG’s current economic upturn has involved a notable increase in foreign direct investment from Asia. Most prominently, the Ramu Nickel project represents China’s first major investment in PNG, but there has also been major investment in forestry, fisheries and retail. Malaysia for one has a range of substantial interests in sectors ranging from agribusiness and […]
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Key investment organisations in Papua New Guinea

1 May 2011 by Leave a Comment
Two organisations worth knowing about if you’re looking to invest in Papua New Guinea. Investment Promotion Authority (www.ipa.gov.pg) The IPA is the first point of contact for any potential investor considering doing business in PNG. Not only is the IPA responsible for promoting PNG as a business and investment destination, including the facilitation of trade visits, […]
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