Last week’s legislation to nationalise the PNG Sustainable Development Program (PNGSDP) and Ok Tedi Mining Limited carries severe risks and negative implications for development in PNG, writes Stephen Howes, Director of the Development Policy Centre at the Australian National University.
While its aims of encouraging small and indigenous business are universally supported, the Papua New Guinea Government’s recent dealings with investors have created a ‘feeling of unease’ in some business circles.
There’s a new Liberal-National Coalition government in Canberra, led by Tony Abbott. Jenny Hayward-Jones considers the implications for Papua New Guinea and the Pacific.
Papua New Guinea’s Treasurer Don Poyle has called for more public-private partnerships to drive the PNG economy. As the O’Neill government prepares to create an umbrella trust to oversee State-Owned Enterprises and their partnerships with private enterprise, Rowan Callick lays out the test for their success.
Papua New Guinea’s Treasurer Don Polye gave a comprehensive update on the nation’s economic outlook last week. We asked analysts for their reaction.
The signing of the Regional Resettlement Arrangement between Australia and Papua New Guinea has changed the nature of the bilateral relationship, says the Lowy Institute’s Jenny Hayward-Jones.
Three years ago, ‘Airport Economist’ Tim Harcourt came to Papua New Guinea to see how it was coping after the global financial crisis. In this excerpt from his forthcoming book, Trading Places – The Airport Economist’s Guide to International Business, he reflects on what he found.
Paul Barker, the Director of the Institute of National Affairs, reviews the 2013 National Development Forum, organised by the Consultative Implementation and Monitoring Council (CIMC). The national forum is the culmination of four regional forums held over the past six months. This year’s focus was on revitalising services at the District level across Papua New Guinea.
The Asia-Pacific region is expected to be the fastest growing region in the world for business-to-consumer (B2C) ecommerce, according to research released by New York-based market research company eMarketer.
A curious thing has been happening in the Pacific. Instead of running trade and investment road-shows in Australia, New Zealand or China, two Pacific Island countries have been courting investment from each other, observes Jenny Hayward-Jones.