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Economy/Investment

Higher commodity prices are boosting Papua New Guinea’s economy, says ADB economist

8 Aug 2018 by Leave a Comment
The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.
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Prime Minister gives upbeat take on Papua New Guinea’s economy

7 Aug 2018 by 1 Comment
The Prime Minister, Peter O’Neill, speaking at Business Advantage
 Papua New Guinea Investment Conference in Brisbane, said the mid-year assessment of the economy was better than anticipated. He said the growing investment interest in the Pacific from China, Australia and the United States is ‘healthy’.
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Prime Minister O’Neill leads stellar line-up for next week’s investment conference in Brisbane

1 Aug 2018 by 2 Comments
All eyes will be on Brisbane August 6 and 7, when Papua New Guinea presents its investment credentials to an audience of domestic and international investors. We preview the 2018 Business Advantage Papua New Guinea Investment Conference.
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Releasing land titles could bolster Papua New Guinea SMEs

17 Jul 2018 by Leave a Comment
Granting more land titles over plantation smallholdings and National Housing Corporation housing stock, and freeing up land locked up in over 20,000 unresolved deceased estates could provide a real boost to Papua New Guinea's small and medium enterprise (SME) sector.  Dr Charles Yala, Principal & Director of Niugini Land and Properties, is calling for the more effective transfer of outstanding titles.
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Trade rules favour powerful countries but Papua New Guinea should push for influence, says WTO Director-General

19 Jun 2018 by Leave a Comment
The Director-General of the World Trade Organisation (WTO), Roberto Azavedo, has described world trade rules as being tilted towards the interests of more powerful countries. Speaking in Port Moresby recently, he said it is up to the private sector to lobby governments to act on its behalf.
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