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Economy/Investment

Economic update: Papua New Guinea’s economy gathers pace

19 Feb 2019 by 1 Comment
After years of low growth, the Pacific’s largest economy is looking to benefit from new resources and infrastructure investment—plus a dividend from hosting APEC 2018. Business Advantage PNG's Andrew Wilkins talks with Papua New Guinea's business leaders about the year ahead.
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Papua New Guinea proposes foreign investment reforms

6 Feb 2019 by 3 Comments
Last month, the Papua New Guinea Government tabled the Foreign Investment Regulatory Authority Bill in Parliament. What is the bill designed to achieve and why is the business community concerned? Business Advantage PNG investigates.
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Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

29 Jan 2019 by Leave a Comment
The Governor of the Bank of Papua New Guinea, Loi Bakani, says the foreign exchange market is on track to return to normalcy. In an exclusive interview with Business Advantage PNG, he says the PNG LNG project has begun paying taxes for the first time, which is improving the Government’s budgetary position.
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New majority owner of Port Moresby Stock Exchange outlines its plans

12 Dec 2018 by 5 Comments
The Port Moresby Stock Exchange has new majority owners. So, who's behind Pacific Capital Markets Development and what are their plans for Papua New Guinea's bourse? In this exclusive interview, one of the Principals of Pacific Capital, Frank Dunphy, reveals all to Business Advantage PNG.
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Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical

20 Nov 2018 by Leave a Comment
The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.
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