Manasseh Maelanga, the Deputy Prime Minister of the Solomon Islands, says the Pacific country’s new government has turned its attention to infrastructure. Measures are being put in place to encourage private sector involvement in roads, ports and industrial townships.
Analysts have contrasting views on the effect of the oil price war between Russia and Saudi Arabia on long-term oil and gas projects in Papua New Guinea. David James considers these, and the likely impact on domestic petrol and diesel prices.
In a wide-ranging chat with Business Advantage PNG, the Managing Director of Papua New Guinea’s state-owned National Development Bank, Moses Liu, talks about becoming an emerging force in Papua New Guinea’s banking sector.
Richard Andrews meets an anthropologist who is using traditional knowledge to preserve tracts of Papua New Guinea’s natural habitat.
With lower prices, and more investment in customer service and infrastructure, state-owned telco Bmobile says it is ‘competition ready’ in the face of a dominant existing market leader and a new competitor due later this year.
The departing Oil Search Managing Director tells Business Advantage PNG he remains positive about Papua New Guinea’s economic future, saying that LNG investment can help fund a stronger, more diversified economy. And he has some parting advice.
Papua New Guinea’s mining sector recorded its lowest result for five years in the Fraser Institute’s annual Investment Attractiveness Index. We consider the reasons, and their impact on PNG’s global competitiveness.
The Papua New Guinean woman who created the first cosmetics line in PNG say the fashion and beauty industry in the country ‘has only been tapped, there is so much potential to come’.
Commercial banks call for collaboration, communication and an awareness of risk if they are help finance what could be an infrastructure boom in Papua New Guinea.
Minister for State Enterprises Sasindran Muthuvel has revealed his plans to reform Papua New Guinean’s under-capitalised state utilities and telecommunications businesses. The future could involve partial privatisation, he says.