Industry sectors

Digging deeper: Mineral Resources Authority confident about the future of Papua New Guinea’s mining sector

27 Apr 2020 by Business Advantage PNG 2 Comments

The global economic crisis triggered by COVID-19 outbreak has increased the urgency for Papua New Guinea to facilitate mining projects, which are the biggest providers of crucial foreign exchange. Business Advantage PNG speaks exclusively PNG’s Mineral Resources Authority about where the sector is heading.
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‘Nationalisation without due process’? Barrick Gold to take on Papua New Guinea government over Porgera decision

27 Apr 2020 by David James 7 Comments

The Papua New Guinea Government has announced that it will not renew the existing Special Mining Lease at the Porgera gold mine, which is operated by Barrick Gold. Barrick is set to challenge the decision.
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How Papua New Guinea’s crisis in business funding could be solved

27 Apr 2020 by David James 2 Comments

The impact of the COVID-19 crisis on Papua New Guinea’s financial markets has been muted so far. However, the crisis provides an opportunity to create new investment opportunities so that local entrepreneurs can raise capital more easily.
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Retail rollercoaster: Papua New Guinean retailers on wild COVID-19 ride

21 Apr 2020 by Paul Chai Leave a Comment

Demand is up, foot traffic is down and trading is restricted but Papua New Guinea's retailers are finding a way through the country's current lockdown – and some positive changes are here to stay, reports Paul Chai.
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Debt crisis looming: reports say Papua New Guinea needs new investment

20 Apr 2020 by David James 1 Comment

Papua New Guinea is facing a debt crisis according to new reports from the Asian Development Bank and the World Bank, and the country will need the cash injection of new major investments to avoid 'lacklustre' future growth.
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Rooms vacant: Papua New Guinea hotels feel the pinch

15 Apr 2020 by Robert Upe Leave a Comment

Two Papua New Guinea hotels have shut their doors temporarily because of the COVID-19 state of emergency and others have put in place tough measures to guarantee their survival.
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Reelae race: Papua New Guinean start-up rushes onto world stage

15 Apr 2020 by Paul Chai 9 Comments

Papua New Guinean entrepreneur Samson Korawali aims to revolutionise online learning with the timely launch of online learning platform, Reelae. He tells Business Advantage PNG how the platform has attracted the attention of Silicon Valley.
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Oil Search capital raising: is stake in PNG LNG project up for sale?

8 Apr 2020 by David James 6 Comments

Papua New Guinea's largest company, Oil Search, is proposing to raise US$700 million (K2.4 billion) to strengthen its balance sheet in response to declining oil prices. The company’s stake in the PNG LNG project may also eventually be on the table.
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Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

6 Apr 2020 by David James 1 Comment

Papua New Guinea’s government has announced its Budget deficit will balloon to more than K6 billion, the biggest in the nation’s history. Treasurer Ian Ling-Stuckey has announced a well-targeted stimulus, but the International Monetary Fund needs to come to the party.
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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 […]

Industry sectors

Digging deeper: Mineral Resources Authority confident about the future of Papua New Guinea’s mining sector

‘Nationalisation without due process’? Barrick Gold to take on Papua New Guinea government over Porgera decision

How Papua New Guinea’s crisis in business funding could be solved

Retail rollercoaster: Papua New Guinean retailers on wild COVID-19 ride

Debt crisis looming: reports say Papua New Guinea needs new investment

Rooms vacant: Papua New Guinea hotels feel the pinch

Reelae race: Papua New Guinean start-up rushes onto world stage

Oil Search capital raising: is stake in PNG LNG project up for sale?

Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

Papua New Guinea’s state of emergency extended for two more months

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

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