Papua New Guinea’s Prime Minister Peter O’Neill announced his resignation yesterday at a press conference in Port Moresby. The announcement followed the defections on Friday of several MPs to the Opposition, which is now claiming sufficient numbers to form government in its own right.
The World Bank has released a new report, which provides a bullish assessment on economic growth in Papua New Guinea. But it says the country’s dependence on natural resources is not generating sufficient jobs to absorb its growing population.
Being stranded for five years on Bougainville Island because of the civil conflict failed to deter Ludwig Kumoru, CEO of Parties to the Nauru Agreement (PNA), from developing a career in the fishing industry.
Papua New Guinea was the first Pacific country to sign up to China’s Belt and Road Initiative, an infrastructure development program across Eurasia. David James considers some of the implications identified by analysts.
Santos has acquired a 13.5 per cent interest in the P’nyang natural gas field in the PNG LNG project in Papua New Guinea. Analysts are generally bullish on the move, saying the company now has a strong balance sheet and is set to meet its production targets.
New Chairman of the Board at the Mineral Resources Authority, Capital Insurance Group welcomes two Independent Board Directors, City Pharmacy Limited announces Board Chairman, new US Ambassador to Papua New Guinea and Vice Chancellor appointed at Unitech.
Finland sets example to fight fake news, how to increase staff productivity, and the correct level of enthusiasm for pitching a business. Readings from around the world on business, leadership and management.
The Government of Papua New Guinea is considering imposing a mobile phone tax, in order to generate revenue. Amanda H. A. Watson and Rohan Fox examine the proposed measure and its potential impacts.
Are Papua New Guinea’s foreign exchange shortages in the past? Take our poll to find out.
Gender inequality is not just a social issue in Papua New Guinea; it is a business issue. Gabriella Munoz explores what businesses and can and are doing to make a difference.