Economy/Investment

Papua New Guinea’s 2022 Budget to address budget repair

24 Nov 2021 by Business Advantage PNG 3 Comments

Papua New Guinea's Treasurer Ian Ling-Stuckey is expected to deliver his third National Budget tomorrow (Thursday), with a major focus on managing the country's K6 billion budget deficit.
Read More

What are Telstra’s plans for Digicel Pacific?

26 Oct 2021 by Business Advantage PNG 4 Comments

Australia's largest telco has agreed to buy Digicel Pacific. Business Advantage PNG considers what we know about its plans for the company.
Read More

Papua New Guinea’s economy to return to pre-COVID levels in 2022 , says World Bank

6 Oct 2021 by Business Advantage PNG Leave a Comment

Papua New Guinea's economic performance is projected to remain subdued for the rest of 2021 but rebound in 2022, according to the World Bank's latest East Asia and Pacific Economic Update.
Read More

Time to grow: Papua New Guinea’s stock exchange looking to expand

6 Oct 2021 by David James Leave a Comment

Crowdfunding and a new listed fund are in the pipeline at Papua New Guinea’s stock exchange, PNGX, as it looks at new ways of grow the country's capital markets and encourage SMEs.
Read More

Prime Minister to open Papua New Guinea’s prestigious international investment conference

3 Sep 2021 by Business Advantage PNG Leave a Comment

Papua New Guinea’s Prime Minister, the Hon. James Marape MP, will make the opening address at the 2021 Business Advantage Papua New Guinea Investment Conference on the morning of Tuesday 7 September.
Read More

advertisment...

What is Fortescue Metals Group doing in Papua New Guinea?

25 Aug 2021 by Business Advantage PNG 2 Comments

Earlier this month, Papua New Guinea's government announced a 'deed of agreement' with Australian iron ore giant, Fortescue Metals Group, to develop renewable energy projects in PNG. Business Advantage PNG learns more about its plans from Julie Shuttleworth, CEO of subsidiary Fortescue Future Industries.
Read More

World Bank increases support for Papua New Guinea

30 Jun 2021 by Business Advantage PNG 3 Comments

The World Bank has approved US$100 million (K352 million) in concessional funding to support Papua New Guinea in its response to COVID-19, and 'lay important foundations for a sustainable recovery'. The funding will not be without risk, however.
Read More

Gradual devaluation of Papua New Guinea’s currency would be ‘helpful’, says banker

9 Jun 2021 by David James 7 Comments

Papua New Guinea's currency, the kina, has been steady this year after weakening against a number of major currencies in late 2020. Should it be devalued further? We asked Jonathan Prince, Treasurer at Westpac PNG, to consider the consequences.
Read More

Fitch warns of potential political ‘flashpoints’ in Papua New Guinea but notes boosted confidence

2 Jun 2021 by Business Advantage PNG Leave a Comment

Recent developments in the Papua New Guinea's resources sector should boost confidence, according to international ratings agency Fitch Solutions. Its latest outlook on the country, however, warns of 'policy uncertainty and ongoing risks to social stability'.
Read More

2021 PNG 100 CEO Survey: a snapshot of the effects of COVID-19 in Papua New Guinea [analysis]

21 May 2021 by Justin Smirk Leave a Comment

The annual Business Advantage/Westpac PNG 100 CEO Survey has captured the depth of the COVID-19 crisis and the sense of uncertainty that exists among businesses in Papua New Guinea. Westpac’s Senior Economist Justin Smirk takes a closer look.
Read More

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

Papua New Guinea’s 2022 Budget to address budget repair

What are Telstra’s plans for Digicel Pacific?

Papua New Guinea’s economy to return to pre-COVID levels in 2022 , says World Bank

Time to grow: Papua New Guinea’s stock exchange looking to expand

Prime Minister to open Papua New Guinea’s prestigious international investment conference

What is Fortescue Metals Group doing in Papua New Guinea?

World Bank increases support for Papua New Guinea

Gradual devaluation of Papua New Guinea’s currency would be ‘helpful’, says banker

Fitch warns of potential political ‘flashpoints’ in Papua New Guinea but notes boosted confidence

2021 PNG 100 CEO Survey: a snapshot of the effects of COVID-19 in Papua New Guinea [analysis]

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

Kina exchange rate

From the Business Advantage blog

Recent readers’ comments

Sign In

Subscribe

Economy/Investment

Register to receive our free PNG Business Update emails

Editor’s picks

Kina exchange rate

Recent readers’ comments