The three-day 2021 Business Advantage Papua New Guinea Investment Conference starts live-streaming at 9am on Tuesday 7 September. Andrew Wilkins, Publishing Director and conference host, Business Advantage International, outlines the reasons why this is the year to attend.
Global issues and local benefits
Welcome,
Like it or not, geo- and climate politics look set to have an even stronger influence on PNG’s business and investment agenda.
Oil Search and Digicel bids: is Papua New Guinea entering mergers and acquisitions season?
Welcome,
Australian telecommunications giant Telstra has been in negotiations to buy Digicel, Papua New Guinea’s largest telco. Meanwhile, gas company Santos has been pursuing PNG’s largest company, Oil Search. Why is PNG seeing such mergers and acquisitions activity, and are more likely?
Searching for the green shoots
Welcome,
For the time being, PNG’s economy appears to be managing its way through the COVID-19 crisis. According the Treasurer Ian Ling-Stuckey in the Final Budget Outcome for 2020, released in the past week, the ‘economic impact of the health crisis remained within our initial estimates.’
Taking Papua New Guinea to the world
Welcome,
A couple of weeks ago, Business Advantage International hosted a small, high-level gathering of PNG-focused business leaders in Sydney, Australia.
Economic update: Beyond COVID-19 in Papua New Guinea
Welcome,
2021 promises to be a year like no other in Papua New Guinea, as business leaders look beyond the COVID-19 crisis to an economy preparing for a major transition. They share their expectations with Andrew Wilkins.
Never let a good crisis go to waste
Welcome,
The positive news that the Marape government and Barrick Gold have reach a ‘binding framework agreement’ for the reopening of the Porgera gold mine is being welcomed with relief by almost all concerned.
Shifting through the low gears
Welcome,
Given the delicate state of Papua New Guinea’s economy, as indicated by recent World Bank and Asian Development Bank forecasts, the news last month that the final legislative hurdle for the Papua LNG project had been delivered is welcome.
Short-term exodus, long-term opportunities
Welcome,
What do Virgin Australia, Westpac, Norton Rose Fulbright and Horizon Oil have in common? As you may have noted, they are all companies that have effectively signalled a scaling back of, or end to, their PNG presence in the past year.
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