Economy/Investment

Investing in PNG: five things to watch in 2025

Business Advantage PNG lists five key focus areas to look out for in the investment space in 2025.
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Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country's top CEOs to learn more about current business conditions.
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Papua New Guinea’s 2025 National Budget: what’s in it for business?

In a repeat of last year, the 2025 Budget delivered by Papua New Guinea Treasurer Ian Ling-Stuckey outlines record spending and revenue. It also contains a few policy surprises, including a proposed reduction to the company tax rate paid by commercial banks as well as easing of a key paperwork requirement for obtaining foreign exchange.
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Geopolitical tensions leading to increased donor investment in Papua New Guinea and Pacific: Lowy Institute

Pacific countries like Papua New Guinea are increasingly becoming critical grounds for geopolitical competition, leading to higher investment from international partners, particularly in infrastructure, according to the Lowy Institute's Dr Meg Keen and colleagues.
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Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
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Paga Hill aiming to bring slice of global cruise market to Papua New Guinea

The Paga Hill Estate site is underway, with aims to attract cruise traffic and change how people experience Port Moresby. Gudmundur Fridriksson, Chairman, Paga Hill Development Company, tells us how he plans to make waves in PNG’s tourism sector.
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George Constantinou on building, construction and hospitality in Papua New Guinea [video]

George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company's past, present and future at this week's 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI's Andrew Wilkins.
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New Steamships head bullish on Papua New Guinea economy, despite ‘underwhelming’ six years

There was a change of leadership at Steamships Trading Company on July 1, with Chris Daniells replacing Rupert Bray as managing director. In an exclusive interview, the two share how Steamships is pursuing its long-term growth plans amid a challenging economic environment.
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