Housing is in high demand in Papua New Guinea, especially in Port Moresby and Lae. Large housing developments can increase supply, but regulators and developers must work together to reduce the costs, argues the PNG National Research Institute’s Logea Nao.
The rioting in Port Moresby on 10 January this year severely affected businesses in Papua New Guinea’s capital. CPL Group’s Sir Mahesh Patel reveals the impact on the major retailer, its people, and the many businesses that support it, and considers the root causes of the unrest.
Papua New Guinea (PNG) is poised to record its best-ever annual cash-crop export revenue in 2024, largely on the back of surging global cocoa prices, notes ANZ economist Kishti Sen.
A decade on from the opening of PNG LNG, Papua New Guinea’s first gas project, ExxonMobil PNG’s Chairperson and Managing Director Tera Shandro reflects on the progress so far and the potential of forthcoming projects such as the K5 billion Angore project and the Wildebeest prospect.
After years of high prices for mobile data in Papua New Guinea, consumers are now able to access lower prices that represent better value. Amanda H A Watson and Moses Sakai present their latest analysis of data prices.
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.
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.