Fresh-faced and newly-qualified, Mahesh Patel arrived in Papua New Guinea in 1984 to take up a job as a pharmacist. Almost 30 years on, he speaks with Andrew Wilkins about the building of retail and wholesale conglomerate CPL Group, one of PNG’s most dynamic companies.
Small business operators will be the beneficiaries of an online registration process, which they can use to register new businesses and update information.
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.
Christine Iauve, a vegetable farmer from Magautou village, used to keep her hard-earned cash in a safe. Now she, and hundreds of others in rural and remote areas, are getting access to banking services, and setting ambitious goals.
With a stable of six and soon to be seven strategically located lodges, Trans Niugini Tours (TNT) is expanding its tourism reach in Papua New Guinea.
The international energy services company, Wood Group PSN, has won a contract with Esso Highlands to provide construction and maintenance to services to the Hides gas plant in Papua New Guinea’s Highlands and the new PNG LNG plant near Port Moresby.
The ratings agency Moody’s has cut Newcrest Mining Ltd’s credit rating, declaring its outlook as negative, after the gold miner announced a AUD$6 billion (K12.6 billion) in asset writedowns in June.
As the Papua New Guinea Government prepares to negotiate the terms of a deal with Australia to improve health services, one solution may lie in the small African nation of Lesotho, which has successfully partnered with the private sector.
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.