An overview of employment in Papua New Guinea, including formal/informal sector employment, employment figures by industry, regional factors, and relevant organisations.
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New agriculture tariffs put Papua New Guinean jobs at risk, says NBPOL CEO
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20 Jul 2020 by 2 Comments
The timing of new tariffs affecting Papua New Guinea’s agriculture sector could not come at a worse time, according to the CEO of the country’s largest employer, New Britain Palm Oil.
Papua New Guinea needs to remain investor-friendly [opinion]
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15 Jul 2020 by Leave a Comment
Regulatory uncertainty has the potential to deter investors just when Papua New Guinea needs them most, argues Paul Barker, Executive Director of the Institute of National Affairs.
What the International Monetary Fund is doing in Papua New Guinea
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15 Jul 2020 by 1 Comment
With Papua New Guinea’s government debt set to rise to over 40 per cent of GDP due of the COVID-19 crisis, the International Monetary Fund’s PNG Mission Chief, Scott Roger, explains how the IMF is helping the country get back on a sustainable financial course.
Papua New Guinea heading for negative growth this year, says World Bank
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13 Jul 2020 by 3 Comments
Presenting the latest World Bank economic update for Papua New Guinea, PNG country economist Ilyas Sarsenov says its government has responded well to the challenges of COVID-19 but hard choices lie ahead.
Ripple effects: how the global pandemic is affecting oil and gas in Papua New Guinea
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6 Jul 2020 by Leave a Comment
The COVID-19 crisis has profoundly shaken the global oil and gas industry. With the medium term picture for LNG prices likely to heavily impact PNG’s economy and government finances, Business Advantage PNG looks at the sector’s prospects.
Fair split: finding an oil and gas model that works in Papua New Guinea
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1 Jul 2020 by Leave a Comment
Papua New Guinea is making changes to its approach to oil and gas projects, suggesting the country gets a worse share of revenues than other comparable nations. John Chambers, General Manager of Santos, considers some of the options used internationally.
Oil and gas prices recover: our monthly review of Papua New Guinea’s commodities and financial markets
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29 Jun 2020 by Leave a Comment
Oil and LNG prices have recovered to some extent and copper has also bounced back. Palm oil prices have strengthened but cocoa is weaker. Business Advantage PNG’s monthly overview of commodity and financial markets.
Ready, set, sago: project suggests the key to a successful agribusiness in Papua New Guinea
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25 Jun 2020 by 2 Comments
The Sago Project in Gulf Province seeks to improve revenues from a crop already well known to smallholders. Sago Project co-founder Peter Uechtritz reveals to Business Advantage PNG the key ingredients for a successful agribusiness project in Papua New Guinea.
Papua New Guinea’s economy: an overview
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22 Jun 2020 by Leave a Comment
An overview of Papua New Guinea’s economy, including key industry sectors and GDP growth figures.
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