Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.
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With the worst of the COVID pandemic behind it, Papua New Guinea is preparing itself for a decade of sustained economic growth. While the investments that will drive this growth are still being finalised, business leaders tell Business Advantage PNG the country is already starting to get ready.
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.
With strong production numbers and promising drilling results, the Ramu nickel-cobalt mine in Papua New Guinea is heading for a bright future – and expansion is on the cards. Business Advantage PNG talks to its two venture partners as the mine celebrates 10 years of production.
The recent arrival of two major international players into Papua New Guinea’s telecommunications sector has provided it with a timely boost – and a platform for much-needed growth.
Papua New Guinean employers are bracing for a fierce battle to attract and retain skilled workers.
The results of the 2023 PNG 100 CEO Survey, Papua New Guinea’s annual business confidence survey, have been released. Westpac’s Senior Economist, Justin Smirk, draws on 12 years of survey results to highlight the changes in business conditions and the issues faced by business.
The TotalEnergies-led Papua LNG gas project in Papua New Guinea has officially entered its FEED [front end engineering and design] stage – the last major stage before the $US10 billion project is given a green light. We look at what happens next.
One of Papua New Guinea’s major trading partners, Australia has continued to increase its support for the country’s economic development, especially in infrastructure. Business Advantage PNG asks Jon Philp, Australia’s High Commissioner to PNG, about the intent of Australia’s aid program in PNG and its priorities.
State-owned oil and gas company Kumul Petroleum has been gradually acquiring licences to some of Papua New Guinea’s smaller and ‘stranded’ gas assets. Managing Director Wapu Sonk explains the strategy behind the move to Business Advantage PNG.