Rise of China creating opportunities and risks, says Treasurer Abel

Welcome,

Treasurer Charles Abel said the rise of China is creating opportunities for Papua New Guinea. But he also pointed to potential risks and a need to develop PNG’s relationship with Australia.

Undersea cable linking Papua New Guinea, Solomon Islands and Australia to be completed late 2019

Welcome,

An K331 million undersea cable linking Papua New Guinea, Solomon Islands and Australia is expected to be up and running by the end of 2019. It follows concerns by Australian officials that if China’s Huawei telco built the project, it could access Australia’s telecommunications infrastructure, creating national security concerns.

Opinion: Chinese aid and influence in Pacific is here to stay

Welcome,

Tess Newton Cain, Anna Powles and Jose Sousa-Santos explain that China is increasing its aid and influence in the Pacific. They say a disciplined approach to co-operation is needed.

Australian government commits to building an undersea telco cable to Port Moresby

Welcome,

The Prime Minister of Australia, Malcolm Turnbull and the Prime Minister of Papua New Guinea, Peter O’Neill have announced they will be working together to lay a new undersea high speed telecommunications cable from Australia to Port Moresby. The move is expected to contribute to closer economic integration between the two neighbouring countries.

Opinion: Improving Pacific island worker access to Australia is better than foreign aid

Welcome,

Permitting easier labour movement between Australia and the Pacific Islands would have a more beneficial effect that foreign aid, claim Lowy Institute researchers Leon Berkelman and Jonathan Pryke. They consider two models for how it might work.

In brief: Maru wants Papua New Guinea-Fiji trade dispute resolved by October, and other business stories

Welcome,

Trade Minister Richard Maru wants trade issues with Fiji resolved this month, UBS buys into Kina Securities, and ANZ offers debit cards in PNG.

Opinion: Seven key challenges facing Papua New Guinea … and how to tackle them (part 2)

Welcome,

In the first article in this two-part series, Jenny Hayward-Jones outlined seven key issues that confront Papua New Guinea’s emerging leaders. In this second part, she identifies the long-term trends that will challenge PNG and four areas of reform that would—if focused on—yield the greatest gains for the country.

Surging Japanese trade and Chinese investment to integrate Papua New Guinea into Asian region

Welcome,

Papua New Guinea’s first LNG project has transformed the country’s exporting landscape, with Japan overtaking Australia as its number one trading partner. China will also become a major source of funds, taking over from Australia and global lending agencies. But don’t expect the broader bilateral relationships to change quickly.

Review: Dorney’s call for Australia to revive engagement with Papua New Guinea

Welcome,

A new paper by experienced Pacific journalist Sean Dorney argues passionately for a re-think of Australia’s relationship with Papua New Guinea. As its title suggests, The Embarrassed Colonialist paints a portrait of a country that hasn’t quite worked out how to engage with his nearest neighbour.

Analysis: lingering questions for 2016 Papua New Guinea budget, APEC and public debt

Welcome,

The 2016 Budget was one of emergency for PNG. Adjusting to a 20% collapse in revenue caused by plummeting commodity prices and an economic slow-down, the government has implemented harsh expenditure cuts.The Lowy Institute’s Jonathan Pryke examines the budgetary impact of holding the APEC summit in Port Moresby in 2018.