Economy/Investment

Ratings agency reveals how Papua New Guinea will manage its debt

16 Mar 2020 by David James Leave a Comment

Papua New Guinea's Government is set to rely heavily on concessional finance from multilateral institutions, according to ratings agency Moody’s. The agency is maintaining a B2 rating for PNG debt but has some surprising revelations about the country’s finances.
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Blast from the past: Papua New Guinea’s economy in 2020

6 Mar 2020 by Andrew Wilkins Leave a Comment

The year 2020 looks like being a watershed year for Papua New Guinea, with a number of transformative projects awaiting the green light and a new government seeking to implement an ambitious agenda.
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Papua New Guinea falls in global mining rankings survey

3 Mar 2020 by Business Advantage PNG Leave a Comment

Papua New Guinea's mining sector recorded its lowest result for five years in the Fraser Institute's annual Investment Attractiveness Index. We consider the reasons, and their impact on PNG's global competitiveness.
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Impediments: What’s really holding Papua New Guinea business back?

26 Feb 2020 by Paul Chai Leave a Comment

Foreign exchange has gone from being a big business problem to becoming a major impediment for all businesses in Papua New Guinea. What does the future hold for this and other challenges facing business?
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LNG price tumbles further, while gold and cocoa rise

25 Feb 2020 by Business Advantage PNG 1 Comment

Oil and gas prices both fell this month, with LNG dropping particularly sharply, while gold and cocoa are holding their own in a tough market for commodities.
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The PNG 100 CEO Survey: Papua New Guinea’s chief executives ‘remain optimistic’

24 Feb 2020 by Justin Smirk Leave a Comment

Westpac Bank’s Senior Economist Justin Smirk identifies five key highlights from Business Advantage’s PNG 100 CEO Survey of chief executives in the country’s biggest companies.
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Papua New Guinea heading into a forex squeeze – World Bank

12 Feb 2020 by David James Leave a Comment

A new World Bank report details a worsening of Papua New Guinea’s economic prospects and finances. It says that the country is ‘steadily’ losing foreign exchange.
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Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea

31 Jan 2020 by Paul Chai Leave a Comment

As talks between ExxonMobil and Papua New Guinea's State Negotiating Team over the P'nyang gas project reach their nominated 'walk away' deadline today, the Prime Minister, James Marape, has said he is confident that LNG will help underpin economic growth in the country for the next decade.
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Transparency report shines light on Papua New Guinea’s extractive sector

20 Jan 2020 by David James Leave a Comment

Although the extractive sector continues to be responsible for the bulk of Papua New Guinea’s exports, the latest Papua New Guinea Extractive Industries Transparency Initiative report has found that revenues to government remain comparatively small. Here’s what you need to know.
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Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]
Futurist Chris Riddell announced as keynote speaker for 2024 PNG Investment Conference
We are delighted to announce that futurist Chris Riddell, former Chief Digital Officer at Mars, will be providing the keynote address on Day 1 of the 2024 Papua New Guinea Investment Conference (12 & 13 August in Brisbane). Chris is a recognised trend spotter, frequent media commentator, and digital expert with unparalleled insights into emerging […]

Economy/Investment

Ratings agency reveals how Papua New Guinea will manage its debt

Blast from the past: Papua New Guinea’s economy in 2020

Papua New Guinea falls in global mining rankings survey

Impediments: What’s really holding Papua New Guinea business back?

LNG price tumbles further, while gold and cocoa rise

The PNG 100 CEO Survey: Papua New Guinea’s chief executives ‘remain optimistic’

Papua New Guinea heading into a forex squeeze – World Bank

Prime Minister Marape confident of a ‘five train’ LNG future in Papua New Guinea

Transparency report shines light on Papua New Guinea’s extractive sector

Papua New Guinea experiencing temporary loss of momentum, say reports

Editor’s picks

Economic update: Papua New Guinea’s decade of growth begins

Restaurant review: Lucky Lucky, Port Moresby

Papua New Guinea’s banks embrace a digital future

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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