Papua New Guinea is experiencing similar stresses to other economies in the Pacific region due to the impact of COVID-19. Two reports, by the Asian Development Bank and Pacific Trade Invest, highlight both the impacts and a way to recovery.
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A submission to Cabinet is being prepared to clean up the Sinivit mine, 6-Mile market to open next month and Ela Beach opens its Beachside Precinct.
Julliane Terry, owner of the consultancy firm Tok Stret Consulting, has launched business incubator hub in Lae to foster innovation in PNG’s second city. ‘When something is happening in Lae, you can rest assured the rest of the country will benefit,’ she tells Business Advantage PNG.
With its domestic services in Papua New Guinea close to pre-COVID levels, national carrier Air Niugini is now looking to increase its international services, as it continues to provide an international economic lifeline for the country.
In this exclusive interview, Wapu Sonk, Managing Director of Kumul Petroleum Holdings, looks ahead to the next decade of Papua New Guinea’s petroleum and gas sector.
Coca-Cola Amatil announces executive changes and the National Procurement Commission welcomes a Provincial Procurement Committee.
Mineral Resources Authority to decentralise functions, new hotel in Port Moresby, and Papua New Guinea says goodbye to the submarine cable that connected it to the world for over 15 years.
Papua New Guinean entrepreneurs are challenging the status quo and seeking new opportunities to embrace change, give back to the community and help PNG’s economy thrive in the post-COVID world.
Bank South Pacific executive says Papua New Guinea’s economy will recover by 2.5 per cent, Marape launches seven projects in Kainantu including the Ramu Hydro Power Station 2 and K1 million allocated for communication towers in Gulf Province.
To build or not to build: multibillion dollar Chinese project highlights Western Province’s dilemmas
Reports that a Chinese company has put forward a multibillion dollar plan to develop several areas in Western Province have highlighted the lack of investment in one of Papua New Guinea’s most neglected provinces.