The Chief Executive and Founder of real estate portal Hausples, Matthew Care, explains to Business Advantage PNG that the company is set to take advantage of higher rates of internet usage in Papua New Guinea. He expects rates of urbanisation to increase.
Papua New Guinea’s real estate market maturing, says Hausples CEO
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22 Aug 2017 by Leave a Comment
Papua New Guinea government needs a revenue strategy says Treasury Secretary
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21 Aug 2017 by 5 Comments
The Papua New Guinea Government needs to look at raising more revenue, as well as keeping its expenditure under control, according to Dairi Vele, Secretary of the Department of Treasury.
European Investment Bank looking to expand in the Pacific, says regional Head
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15 Aug 2017 by Leave a Comment
The European Investment Bank has received a mandate from the European Union to invest in infrastructure projects in the Pacific, including in Papua New Guinea. Head of the EIB’s Pacific Regional Office, Adam Bruun explains to Business Advantage PNG some of the priorities and operational practices of the Bank.
Papua New Guinea’s new National Trade Policy calls for better overseas market access
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15 Aug 2017 by 2 Comments
Papua New Guinea’s National Trade Policy has just been released. It calls for greater liberalisation of the domestic economy and enhanced efforts to improve market access for PNG’s exports. Business Advantage PNG looks into the detail.
Credit Corp to open operations in Timor Leste, says CEO
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15 Aug 2017 by 3 Comments
While it is adapting to increased competition and quieter market conditions at home, PNG’s largest finance company, Credit Corporation, is not standing still. Chief Executive Tor Bowen tells Business Advantage PNG that the company will open its first South East Asian operation, in neighbouring Timor Leste.
Inside Papua New Guinea’s largest private equity fund
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8 Aug 2017 by 6 Comments
Kennedy Wemin, the Chief Executive of Melanesian Trustee Services limited (MTSL), Trustee and Interim Manager of Papua New Guinea’s unit trust fund, Pacific Balanced Fund (PBF) tells Business Advantage PNG that the difficult economic conditions create opportunities as well as challenges. He outlines some of the fund’s future options.
Business Council encourages new Papua New Guinea government to broaden industry and tax bases
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8 Aug 2017 by Leave a Comment
Papua New Guinea’s foreign exchange problems are a symptom of an overly narrow industry base, according to a new report by the Business Council of PNG. It says the new government also needs to look at widening the tax base and improving infrastructure.
Aviation and maritime industries in Papua New Guinea to address new emissions rules
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1 Aug 2017 by 1 Comment
Ocean freight and air freight services, both in and out of Papua New Guinea, will be required to ensure they are compliant with future emissions reductions requirements. Rensie Panda, Lead Climate Change Negotiator at the Climate Change & Development Authority, tells Business Advantage PNG what to expect.
Oil prices recover and coffee and cocoa up: a monthly review of Papua New Guinea’s commodity and financial markets
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25 Jul 2017 by Leave a Comment
Oil prices have recovered and coffee and cocoa are both strong. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
The final outcome of the Papua New Guinea elections may be drawn out
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25 Jul 2017 by Leave a Comment
Vote counting in the Papua New Guinea general election is continuing, with the results yet to be announced. The final shape of the government will take time to emerge.
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