Papua New Guinea is increasing its debt by less than other nearby nations and the contraction of its economy is not expected to be as severe as the world average, says a Kina Bank report.
Search Results for: Papua LNG
‘Promising’ forecast: Papua New Guinea’s economy doing well compared to neighbours, says bank
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29 Oct 2020 by Leave a Comment
Commodities update: palm oil reverses trend, LNG soars but oil continues to weaken
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28 Oct 2020 by Leave a Comment
LNG prices continue to surge and are now up by over a third this year. But oil prices eased and cocoa prices also fell slightly. Business Advantage PNG’s monthly review of commodity and financial markets.
‘Slow recovery’: Business Council of Papua New Guinea demands focus on economy
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20 Oct 2020 by Leave a Comment
Business in Papua New Guinea has responded well to COVID-19 but is now facing a downturn at the lower end of expectations. David Toua, board member of the Business Council of Papua New Guinea says the focus now needs to turn to the economy.
Work visas in Papua New Guinea
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5 Oct 2020 by Leave a Comment
An overview of the regulations and application procedures for work-related visas in Papua New Guinea, including business visas, restricted entry visas, and APEC visas.
Commodities update: silver loses shine, cocoa melts but LNG prices rise
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29 Sep 2020 by Leave a Comment
LNG prices surged, clawing back most of this year’s losses, but oil prices fell. Silver also lost some of its recent spectacular price gains. Business Advantage PNG’s monthly overview of commodity and financial markets.
Ready for business: Papua New Guinea’s Ihu Special Economic Zone approved
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23 Sep 2020 by 15 Comments
The National Executive Council has given the nod to Papua New Guinea’s first special economic zone. Project Director Peter KenGemar tells Business Advantage PNG about how it could boost local jobs and investment
In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories
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21 Sep 2020 by Leave a Comment
Papua New Guinea’s Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.
Fair share? Papua New Guinea’s move to production sharing in resource projects questioned
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14 Sep 2020 by Leave a Comment
The Papua New Guinea government’s proposal to move to production sharing agreements in resource projects may not solve the government’s financial problems and there is a risk it will harm the country’s reputation for being a good place to invest, according to the industry itself.
Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together
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9 Sep 2020 by 11 Comments
Papua New Guinea’s Prime Minister, James Marape, has insisted that the country’s proposed LNG projects, Papua LNG and P’nyang, will be dealt with as separate projects.
Solar for everyone: a glimpse into Papua New Guinea’s solar market today
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1 Sep 2020 by 1 Comment
What progress has solar energy made in Papua New Guinea and what is its potential, particularly for business? Christian Lohberger, President and founder of the Solar Energy Association of PNG and co-founder of Astra Solar Ltd, shares his views with Business Advantage PNG.
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