Economy/Investment

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.
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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.
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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.
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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.
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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.
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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'.
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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.
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Economic update: Beyond COVID-19 in Papua New Guinea

18 May 2021 by Andrew Wilkins Leave a Comment

2021 promises to be a year like no other in Papua New Guinea, as business leaders look beyond the COVID-19 crisis to an economy preparing for a major transition. They share their expectations with Andrew Wilkins.
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‘A hint of optimism’: Business Council says Papua New Guinea’s businesses are settling into new normal

12 May 2021 by Business Advantage PNG Leave a Comment

There are signs of optimism in the Papua New Guinea business community, according to a survey of market conditions by the Business Council of Papua New Guinea. It suggests that, while the pandemic has exacted a severe financial toll, businesses have now ‘settled’ and are navigating the challenges of the new environment.
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Economic environment in Papua New Guinea to remain challenging, says ADB

5 May 2021 by David James Leave a Comment

Papua New Guinea’s economy will recover modestly in 2021 and 2022, but financial stresses will persist, says the Asian Development Bank's Asian Development Outlook for 2021. It also argues strongly for the reform of PNG's state-owned enterprises.
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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
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 […]

Economy/Investment

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]

Economic update: Beyond COVID-19 in Papua New Guinea

‘A hint of optimism’: Business Council says Papua New Guinea’s businesses are settling into new normal

Economic environment in Papua New Guinea to remain challenging, says ADB

Editor’s picks

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

Kina exchange rate

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