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Increased competition in Papua New Guinea construction sector

19 Feb 2014 by 1 Comment
With the PNG LNG project moving from its construction phase into production, a downturn in Papua New Guinea’s building and construction sector is underway, softened somewhat by the national government’s injection of infrastructure spending. But there's still plenty of work to be done, as Business Advantage PNG reports.
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Papua New Guinea tourism receives some attention

12 Feb 2014 by 1 Comment
Several new developments – the creation of a tourism hub at Kokopo (and new direct international flights to service it) and the start of cruise liners visiting remote Milne Bay – indicate progress is being made to develop Papua New Guinea's tourism industry.
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Opinion: Sovereign Wealth Fund key to the fall or rise of the kina

12 Feb 2014 by 1 Comment
The ANZ Bank last month predicted the kina will fall by up to 10% in value by the end of 2014, in anticipation of income from the LNG project. Paul Barker from the Institute of National Affairs, looks ahead several years to when that income begins to have ‘a substantial impact’.
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