In the second half of his exclusive conversation with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says the policies developed at the APEC Leaders meeting will have a lasting impact on the country. He says APEC marks a unique opportunity to market PNG as an investment destination.
Papua New Guinea PM O’Neill looks for lasting policy legacy from APEC
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2 Oct 2018 by Leave a Comment
Pacific Island exporters expecting boost in orders and looking to Asia, study finds
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25 Sep 2018 by Leave a Comment
A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.
Digicel executive outlines ‘aggressive’ plans to take advantage of new cable link
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25 Sep 2018 by Leave a Comment
The Regional Director of Digicel Pacific, Paul Statham, says the company has ‘aggressive’ plans to expand its offerings when the submarine fibre cable from Australia to Papua New Guinea is built. He says these innovations will especially benefit business.
Papua New Guinea PM Peter O’Neill says deals on resources projects will be fair to all stakeholders
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25 Sep 2018 by 2 Comments
In an interview with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says he is looking for deals in LNG and mining projects that will benefit all parties. In the first of a two part series, O’Neill says his government is investing to diversify the economy.
Oil prices hit a four year high and LNG prices have also risen: a monthly review of Papua New Guinea’s commodity and financial markets
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25 Sep 2018 by Leave a Comment
Oil and LNG prices are showing strength but cocoa and palm oil prices price have weakened. Business Advantage PNG’s monthly review of Papua New Guinea’s commodity and financial markets.
ADB’s Papua New Guinea head reveals more details of the Highlands Highway upgrade
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19 Sep 2018 by 1 Comment
The Asian Development Bank will start redeveloping the entire Highlands Highway simultaneously rather than doing it in sections, according to David Hill, Country Director for the ADB. He outlined the ADB’s focus on improving both physical and digital connectivity in Papua New Guinea.
Analysts Fitch forecasts higher economic growth for Papua New Guinea in 2019 but kina to weaken
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18 Sep 2018 by 1 Comment
Financial analysts Fitch Solutions is forecasting higher economic growth for Papua New Guinea next year. But it says the kina is overvalued, which may pose problems in the future if the the Government’s proposed sovereign bond issue is successful.
Nine things mining companies need to avoid in the next upturn
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18 Sep 2018 by Leave a Comment
A report by consultancy McKinsey & Co. says activity in mining is strengthening globally. But it identifies nine mistakes in the downturn that should be avoided.
How Supreme Industries has expanded in Papua New Guinea
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11 Sep 2018 by 1 Comment
Port Moresby-based retailer/wholesaler Supreme Group found itself needing products and services it couldn’t source in Papua New Guinea, so it decided to create them. Group Managing Director Sanjay Shah, tells Business Advantage PNG that the group has grown quickly and is anticipating more diversification.
The key factor Papua New Guinea’s banks and super funds look for before they will invest in your business
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11 Sep 2018 by Leave a Comment
To get investment into Papua New Guinea businesses, sound governance is essential. That was the view expressed by super fund managers, bankers and advisers at Business Advantage’s Investment conference in Brisbane.
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