Papua New Guinea is on the verge of stronger growth after a number of quiet years. Michael Kingston, Chief Executive of diversified manufacturer K K Kingston, shares with Business Advantage PNG the lessons he learned from the country’s last boom.
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In Brief: Papua New Guinea’s growth to rebound in 2019 and other business stories
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15 Apr 2019 by Leave a Comment
ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.
Crime prevention in Papua New Guinea set to go high-tech
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12 Apr 2019 by Leave a Comment
Security firms are becoming more sophisticated in how they deter, monitor and apprehend individuals committing crimes, according to Laine Kidner, Chief Executive of consultancy Connected South Pacific. He also tells Business Advantage PNG that it’s important for businesses to understand why crime occurs in Papua New Guinea.
Bank of Papua New Guinea urges tougher stance on new resources projects
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10 Apr 2019 by Leave a Comment
The March Monetary Policy Statement from the Bank of Papua New Guinea has urged the government to rethink the way it negotiates concessions and tax exemptions with new resources projects. Taking a strong position, it points to how previous agreements have been a factor in foreign exchange shortages and adverse trends in government finances.
Gulf Province: Papua New Guinea Business Guide
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25 Mar 2019 by Leave a Comment
Gulf Province is located on Papua New Guinea’s southern coast. It has a concave coastline of large deltas that lead into the Lakekamu Basin, and has mountains and wide expanses of seasonally flooded grass plains stretching out from the Turama, Kikori, Purari and Vailala rivers. The province has about 500 kilometres of roads, mainly along the eastern coast and mountains.
Western Province: Papua New Guinea Business Guide
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22 Mar 2019 by Leave a Comment
Western Province is the largest province in Papua New Guinea by area. It shares a land border with the Indonesian province of Papua and a sea border with Australia. There are several large rivers that run through the province, including the Fly River, PNG’s biggest, and the Strickland and Ok Tedi Rivers. Lake Murray, PNG’s largest lake, is also in the province.
Southern Highlands Province: Papua New Guinea Business Guide
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22 Mar 2019 by Leave a Comment
Southern Highlands Province has lush, high valleys sandwiched between limestone peaks. Most of the natural vegetation is rainforest, with alpine woods and grasslands above 3000 metres. Swamps occur at all levels.
National Capital District: Papua New Guinea Business Guide
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15 Mar 2019 by Leave a Comment
The National Capital District (NCD) is Port Moresby. It is both a city and a district and the gateway to Papua New Guinea – the nation’s capital, centre of politics, trade and commerce. The city, which has become a growing and bustling metropolitan area, is dry, dusty and brown duringthe winter months, but is wet, humid and overgrown in summer. It is located on the southern coast of the country, surrounded by part of Fairfax Harbour.
Hela Province: Papua New Guinea Business Guide
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1 Mar 2019 by Leave a Comment
Hela is a smaller province of Papua New Guinea, comprising three districts previously part of Southern Highlands Province. It is home to the Huli Wigmen, who are internationally recognised for their distinctive face paint and elaborate wigs made from human hair.
Central Province: Papua New Guinea Business Guide
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27 Feb 2019 by Leave a Comment
Central Province occupies the southern side of the Owen Stanley Ranges and the area of coast from Bereina in the north, to Gaire Village in the south. The entire National Capital District sits within the province’s boundaries and Port Moresby doubles as the capital of Central. Its proximity to the National Capital District, has led to significant infrastructure development in the province.
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