The two-day 2019 Business Advantage Papua New Guinea Investment Conference concluded yesterday in Sydney and is being hailed as a success. We report from the annual event.
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Second route out of Papua New Guinea’s Highlands could transform country: IFC study
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12 Aug 2019 by 1 Comment
Currently, the only way of bringing bulk agricultural produce out of Papua New Guinea’s fertile Highlands is down the Highlands Highway to the port city of Lae. A new study has identified a faster second route—through Gulf Province. Business Advantage PNG investigates.
MYEFO: Papua New Guinea’s international debt standing and forex still a problem
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7 Aug 2019 by 2 Comments
What the Mid-Year Economic and Fiscal Outlook reveals about Papua New Guinea’s international debt standing and foreign exchange markets.
Papua New Guinea Investment Conference comes to Sydney
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5 Aug 2019 by 1 Comment
In just two weeks’ time, senior executives from across the region will gather in Sydney for the 2019 Business Advantage Papua New Guinea Investment Conference. We preview what delegates can expect from the event.
World Bank offers cautious appraisal of Papua New Guinea’s economy
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29 Jul 2019 by Leave a Comment
The World Bank has released its latest half-yearly appraisal of Papua New Guinea’s economy. It confirms PNG’s economy contracted last year but predicts it will bounce back over the next three years, subject to some ‘rising uncertainties’.
Opinion: Can Papua New Guinea become the richest black nation in the world in ten years?
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8 Jul 2019 by 4 Comments
Papua New Guinea’s new Prime Minister said shortly after his election that PNG could become the ‘richest black nation on Earth’ within 10 years. Can it be done? Economist Maholopa Laveil considers.
How the world’s media reported Papua New Guinea’s change of Prime Minister
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7 Jun 2019 by 3 Comments
For the first time since APEC 2018, the eyes of the world’s media have been on Papua New Guinea, this time reporting on the resignation of Peter O’Neill and the emergence of new Prime Minister, James Marape. Business Advantage PNG examines how the political transition was reported internationally.
Prime Minister Marape flags changes to Papua New Guinea’s resources laws
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5 Jun 2019 by Leave a Comment
Papua New Guinea’s new Prime Minister James Marape has given the first indications of the changes his government will be making to the country’s business environment.
In brief: Total expects new Papua New Guinea Government to honour gas agreement, and other business stories
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3 Jun 2019 by Leave a Comment
Total expects new PNG Government to honour gas agreement, SP Brewery signs a MoU to turn brewing waste into fertiliser and Air Niugini may take over one of Cathay Pacific’s routes. Your weekly digest of business news.
Exports booming but a mood of austerity, Bank of Papua New Guinea Quarterly Economic Bulletin suggests
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3 Jun 2019 by Leave a Comment
The Bank of Papua New Guinea has released its Quarterly Economic Bulletin for the December 2018 quarter. David James analyses the report and what it means for business.
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