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Economy/Investment

Foreign exchange shortages still biting business in Papua New Guinea

27 Oct 2022 by 1 Comment
The Bank of Papua New Guinea expects a 'windfall' from higher international commodity prices to alleviate some of the country's foreign exchange shortages. However, anecdotal evidence suggests the forex situation is actually getting worse.
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Foreign investment starting to return to Papua New Guinea, says IPA head

21 Sep 2022 by Leave a Comment
Foreign direct investment in Papua New Guinea is starting to return this year after a 'huge slump' over the previous two years, according to Clarence Hoot, Managing Director of the country's Investment Promotion Authority.
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Regulator approval paves the way for corporate bond market in Papua New Guinea

14 Sep 2022 by 1 Comment
In what may be the most significant innovation in Papua New Guinea's capital markets since the establishment of a local stock exchange, the PNGX has announced Securities Commission approval for its new Debt Market Rules. The approval paves the way for the establishment of a corporate bond market.
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Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

24 Aug 2022 by Leave a Comment
Delegates to last week's 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country's key economic sectors.
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