Prime Minister James Marape has said that he doesn’t want Papua New Guinea to be known as an oil and gas county and has outlined his aim is to make PNG the ‘food basket of Asia.’ What opportunities does this create for business?
Prime Minister Marape’s ambitious vision for agriculture in Papua New Guinea
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7 Aug 2019 by Leave a Comment
MYEFO: Papua New Guinea’s international debt standing and forex still a problem
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7 Aug 2019 by 2 Comments
What the Mid-Year Economic and Fiscal Outlook reveals about Papua New Guinea’s international debt standing and foreign exchange markets.
How PNG Forest Products is expanding operations in Papua New Guinea
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31 Jul 2019 by Leave a Comment
PNG Forest Products started as a forestry company but is also now a full-fledged power company too. Managing Director Tony Honey tells Business Advantage PNG how the company is expanding its manufacturing, increasing exports and handling growth.
Papua New Guinea’s efforts to develop clear forms of digital identification
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31 Jul 2019 by Leave a Comment
A new study has shown that about 80 per cent of Papua New Guinea’s population has no clear form of identification. What does this mean for the country’s economy in the digital age? David James examines.
Oil and LNG prices weaker but precious metal up: a monthly review of Papua New Guinea’s commodity and financial markets
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30 Jul 2019 by Leave a Comment
Oil, LNG and gas prices are weaker but precious metals are slightly up. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Papua New Guinea’s state-owned enterprises reveal mixed financial results
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17 Jul 2019 by Leave a Comment
Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.
Papua New Guinea’s Stock Exchange plans for debt trading market
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17 Jul 2019 by 1 Comment
PNGX, Papua New Guinea’s renamed stock exchange, has announced proposals to establish trade in government and private debt. It may lead to a significant deepening of the PNG financial system. David James reports.
Australia to provide A$2 billion to improve commercial infrastructure development in Papua New Guinea
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15 Jul 2019 by Leave a Comment
The A$2 billion Australian Infrastructure Financing Facility for the Pacific aims to significantly boost Australia’s support for commercial infrastructure development in Papua New Guinea and Timor‑Leste. David James takes a closer look.
SMEs in Papua New Guinea need to develop sound business practices, says Fusion Foundation
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10 Jul 2019 by Leave a Comment
Small and medium enterprises (SME) in Papua New Guinea need to hone their business models and proposals to get investors. Business Advantage PNG looks at some of the ideas that the Fusion Foundation, a non-profit entity that supports entrepreneurs, proposes to help SMEs thrive.
Where to allocate resources to develop Papua New Guinea’s economy
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10 Jul 2019 by Leave a Comment
The World Bank and the Papua New Guinea Business Council seem to agree on the areas that need strengthening to help Papua New Guinea’s economy thrive. The difference, however, is that one of them also includes the creative industries. David James compares both lists and analyses what they mean for the country and its future.
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