Papua New Guinea is not known for its ease of doing business, especially for new market entrants. However, the PNG Business and Logistics Park, strategically located in the growth corridor between the Port Moresby CBD and the expanding LNG plant is helping mitigate this.
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In brief: Papua New Guinea’s Treasurer meets with global rating agencies & other business stories
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5 Oct 2022 by Leave a Comment
Treasurer Ian Ling-Stuckey met with two global rating agencies to talk about Papua New Guinea and its loan history, the United States pledges about K2.8 million in programs for the Pacific and Prime Minister Marape green lights the Japan Development Institute to work on a new Special Economic Zone (SEZ) Master Plan. The business news you need.
What does Papua New Guinea business want from the new Marape government?
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5 Oct 2022 by Leave a Comment
With its majority established in Parliament and its ministry appointed, Papua New Guinea’s Marape government is now getting back to the business of running the country. Key business leaders tell Business Advantage PNG what they think its priorities should be.
Foreign investment starting to return to Papua New Guinea, says IPA head
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21 Sep 2022 by Leave a Comment
Foreign direct investment in Papua New Guinea is starting to return this year after a ‘huge slump’ over the previous two years, according to Clarence Hoot, Managing Director of the country’s Investment Promotion Authority.
Thinking big: looking to the future of Papua New Guinea’s large-scale investments
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7 Sep 2022 by Leave a Comment
The growth of Papua New Guinea’s non-resources economy is giving major developers the confidence to invest in projects outside of Port Moresby, an expert panel told the recent Business Advantage Papua New Guinea Investment Conference.
Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference
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24 Aug 2022 by Leave a Comment
Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.
Papua New Guinea Investment Conference to bring investors back face-to-face
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3 Aug 2022 by Leave a Comment
The 2022 Business Advantage Papua New Guinea Investment Conference is taking place in Brisbane on 15 and 16 August, bringing business people and financiers together face-to-face for the first time since 2019. We preview the event.
In brief: Barrick’s boss visits Papua New Guinea to talk about Porgera and other business stories
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28 Jul 2022 by Leave a Comment
Barrick says ‘all we need is for a shareholders agreement’ to restart Porgera, Air Niugini outperforms Australian airlines, and Harmony Gold indicates Wafi-Golpu’s negotiations continue to progress. The business news you need.
In brief: new billion kina electricity project in Papua New Guinea and other business news
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20 Jun 2022 by Leave a Comment
The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
Papua New Guinea’s other gas project: Arran Energy’s Stanley
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15 Jun 2022 by 3 Comments
While the Papua LNG and P’nyang projects are the main game in Papua New Guinea’s gas sector, Arran Energy’s smaller Stanley gas project in Western Province looks set to beat both into production. Business Advantage PNG talks to Executive Chairman Michael McGowan to find out more.
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