While business confidence is largely sustained in this year’s PNG 100 CEO Survey, there are rising concerns about several business impediments. Westpac Senior Economist Justin Smirk provides his analysis of this year’s survey results.
Opinion & analysis
Amid fears of further declines in the value of Papua New Guinea’s currency, the kina, economists Bobby Kunda and Stephen Howes analyse how the kina has been performing against all its key trading currencies – and come to some surprising conclusions.
Henry Ivarature, Deputy Director at the Australia Pacific Security College, considers the implications of the recent security agreement signed between Papua New Guinea and Australia.
Chatbots writing marketing slogans. Classrooms in the Cloud. Digital governments. Andrew Wilkins reflects on the origins of Innovation PNG 2023, which is taking place in Port Moresby on 10 November, and explains the thinking behind it.
Three welcome recent speeches from representatives of Papua New Guinea’s central bank suggest that it is starting to set out its plans for reform of the country’s troubled foreign exchange system, observes Stephen Howes. He suggests what should happen next.
Westpac’s Senior Economist Justin Smirk has been studying Papua New Guinea’s economy for over 20 years. He recently provided the 2023 Business Advantage Investment Conference with six things businesses should understand about PNG’s economy, as we wait for the next wave of resources investment to begin.
Cybercrime is as alive in Papua New Guinea as it is in the rest of the world. Happymabel Ketias-Zingunzi, Associate Director, Advisory Services at KPMG PNG, analyses some common cybersecurity risks and provides advice to protect sensitive data.
Economist and lecturer Andrew Anton Mako, who left his own rural community at the age of 13 in search of an education, outlines what is needed to reverse the decline of many of Papua New Guinea’s rural communities.
The Bank of Papua New Guinea, the country’s central bank, is undergoing notable changes. Its Chairman, David Toua, comments on what’s behind the changes, the challenges faced by the bank and the road ahead for foreign exchange.
Will Papua New Guinea eliminate its fiscal deficit by 2027? Devpolicy’s Kingtau Mambon and Alyssa Leng analyse debt, budget deficit and ‘glimmers of hope’ to answer this pressing question.