The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.
Higher commodity prices are boosting Papua New Guinea’s economy, says ADB economist
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8 Aug 2018 by Leave a Comment
In Brief: Oil Search makes gas discovery and other business news
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12 Jun 2018 by 1 Comment
A new gas discovery by Oil Search, special economic zone proposed for West Sepik province and new climate deal inked. Your weekly digest of the latest business news.
Join us in Sydney: Thomas, Pesce headline outstanding line-up for 2-in-1 investment conference
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26 Jul 2017 by Leave a Comment
We are really excited about the program we have put together for our first investment conference in two years, which includes two heavyweight keynote speakers plus an impressive cross-section of PNG and international business leaders.
People moves: Asian Development Bank
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25 Jul 2017 by Leave a Comment
The Asian Development Bank has appointed Ma Carmela Locsin as the new Director General for its Pacific department.
In brief: National Transmission Network ready by the end of 2017, and other business stories
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28 Jun 2017 by Leave a Comment
Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.
Ten-year project to repair and maintain Papua New Guinea’s critical Highlands Highway to start by year’s end, says Wereh
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21 Jun 2017 by 15 Comments
Work on the ‘most critical’ 90-kilometre section of the Highlands Highway will begin later this year, under an ambitious 10-year repair and maintenance program, funded by the Asian Development Bank. Works Secretary David Wereh tells Business Advantage PNG, he is already looking to use the funding model to ‘fix’ 16 High Priority roads in other parts of the country.
People moves: Asian Development Bank, UPNG, Chinese Embassy, PNG High Commissioner to UK
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30 May 2017 by Leave a Comment
A new Country Director for the Asian Development Bank, Vice-Chancellor of UPNG steps down, the new Chinese Ambassador presents his credentials, and PNG’s UK High Commissioner takes on a key EU role
The Solomon Islands are ripe for growth, says the chair of its chamber of commerce and industry
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23 May 2017 by 1 Comment
The Solomon Islands’ economy grew by three and a half times between 2003 and 2016. In the first of a two part series, Business Advantage PNG looks at the challenges and opportunities facing the emerging nation.
In brief: BSP proposed ASX listing postponed, and other business stories
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18 Apr 2017 by Leave a Comment
Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.
In brief: Government to buy 20 per cent shareholding in Port Moresby hotel complex, and other business stories
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21 Mar 2017 by Leave a Comment
Government to spend K300 million buying into Star Mountain Plaza project, Bougainville President supports new-look BCL, and Trade Minister seeks ban on Fiji imports. Your weekly digest of the latest business news.
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