Geopolitics is increasingly having an impact on businesses in Papua New Guinea across all sectors. In this piece, the team at KPMG Australia’s Geopolitics Hub shares their top eight geopolitical risks for PNG businesses to watch out for.
Opinion & analysis
The Bank of Papua New Guinea and the International Monetary Fund believe continued depreciation of the kina is the way to alleviate the country’s ongoing foreign exchange shortages. ANZ economists Kishti Sen and Tom Kenny argue there are better alternatives.
David Toua, Chairman of the Bank of Papua New Guinea, details how the central bank is tackling the economy’s most pressing issues, including foreign exchange, government debt, and the digital future of banking.
The Papua New Guinea Highlands has the potential to see a lucrative coffee boom if only it can weather key production and price issues, argue the International Food Policy Research Institute’s Rishabh Mukerjee and colleagues.
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.