Papua New Guinea is facing a debt crisis according to new reports from the Asian Development Bank and the World Bank, and the country will need the cash injection of new major investments to avoid ‘lacklustre’ future growth.
Debt crisis looming: reports say Papua New Guinea needs new investment
Welcome,
20 Apr 2020 by 1 Comment
In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories
Welcome,
15 Apr 2020 by Leave a Comment
World Bank commits K70 million to help Papua New Guinea in its fight against COVID-19, the Minister for Petroleum gives an update on resource projects and Oil Search successfully completes its equity raise. The business news you need to know to kickstart you week.
Stimulate or stagnate: steering Papua New Guinea’s economy through the COVID-19 crisis
Welcome,
30 Mar 2020 by 2 Comments
The global economic meltdown that has been triggered by the COVID-19 virus outbreak has hit Papua New Guinea hard. What are the implications for the country’s business and financial sectors?
People moves: Asian Development Bank, PNG FM, Lockton, Microsoft, ICTSI, OTML
Welcome,
18 Mar 2020 by Leave a Comment
A new DG at the Asian Development Bank’s Pacific Department, PNG FM names General Manager, Lockton announces Head of Client Solutions Asia Pacific, new comms manager to Ok Tedi Mining and change of leadership at ICTSI South Pacific.
Cashed up and ready to grow: Kina Bank’s plans for 2020
Welcome,
9 Dec 2019 by Leave a Comment
Kina Bank’s operations have expanded dramatically after taking over ANZ’s retail operations in Papua New Guinea. In an exclusive interview, Chief Executive Officer Greg Pawson outlines to Business Advantage PNG its plans for growth. David James reports.
People moves: Asian Development Bank, K92 Mining
Welcome,
3 Dec 2019 by Leave a Comment
The Asian Development Bank elects boss, K92 Mining Inc welcomes a new Board Member
Road infrastructure in Papua New Guinea: a sector profile
Welcome,
28 Nov 2019 by 
A detailed overview of road infrastructure in Papua New Guinea including the National Road Network and the National Road Network Strategy.
People moves: Asian Development Bank
Welcome,
24 Sep 2019 by Leave a Comment
ADB President announces resignation
In Brief: Papua New Guinea’s Prime Minister visit to China and other business stories
Welcome,
28 Apr 2019 by Leave a Comment
Primer Minister Peter O’Neill travelled to China to attend a business forum, five Members of Parliament resigned and Oil Search outlined the terms of agreement of Papua LNG. Your weekly digest of business news.
In brief: Kina expected to weaken, and other business news
Welcome,
23 Oct 2018 by Leave a Comment
Kina expected to weaken, Total aims for transparency, and Air Niugini defers planned flights to Shanghai. A weekly digest of the latest business news.
USD 0.2900
AUD 0.4443
GBP 0.2382
EUR 0.2664
NZD 0.4761
JPY 31.24
SGD 0.4138
Recent readers’ comments