Economy/Investment

COVID silver linings: Bank of Papua New Guinea releases economic bulletin and not all is bad news

1 Feb 2021 by David James Leave a Comment

The Bank of Papua New Guinea has released its Quarterly Economic Bulletin for the March and June 2020 Quarters. It shows that the economy and government finances came under great pressure because of the COVID-19 lockdowns, but that the impact was uneven.
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Kina readies fund to help Papua New Guinea’s SMEs unlock their potential

28 Jan 2021 by David James 7 Comments

Kina Bank’s Chief Executive and Managing Director Greg Pawson is expecting to start the SME Capital Fund this year, which will offer PNG businesses a new way of raising money. He tells Business Advantage PNG it should help business expand.
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2020: the year in review for Papua New Guinea business

9 Dec 2020 by Business Advantage PNG 1 Comment

COVID-19, Porgera and politics may have monopolised the attention of the media, but 2020 brought many other challenges, unexpected changes and triumphs for business. Here’s how Business Advantage PNG reported on this extraordinary year.
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Future of prices for Papua New Guinea’s mining exports look positive, say analysts

9 Dec 2020 by David James Leave a Comment

The prospects for the prices of metals Papua New Guinea exports are mostly positive, reports David James from the recent International Mining and Resources Conference.
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JMP Securities sees big growth opportunities for investment products in Papua New Guinea

2 Dec 2020 by David James 3 Comments

JMP Securities has acquired Bank South Pacific’s stockbroking business in Papua New Guinea. Co-founder and Managing Director Lars Mortensen tells Business Advantage PNG he sees great opportunity for growth.
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Urgent assistance need for some industry sectors, says Business Council of Papua New Guinea

30 Nov 2020 by David James Leave a Comment

Papua New Guinea's tourism, manufacturing, retail and agriculture should be the main targets for further government support, contends Douveri Henao, Executive Director of the Business Council of Papua New Guinea. He also reveals the sectors that had received the biggest boost during the COVID-19 crisis.
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Global economic recovery should provide good news for Papua New Guinea’s miners

30 Nov 2020 by David James Leave a Comment

The global economy is recovering faster that expected, according to Douglas Porter, Chief Economist and Managing Director of Canadian investment bank, BMO Financial Group.
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Budget paper: Papua New Guinea’s revenue problem means it must raise more debt

16 Nov 2020 by David James Leave a Comment

The suspension of Parliament means that Papua New Guinea's 2021 National Budget will be delayed until at least next month and possibly longer. Whenever it is finally delivered – and whoever delivers it – the recently released Budget Strategy Paper clearly outlines the challenges it must address.
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‘Promising’ forecast: Papua New Guinea’s economy doing well compared to neighbours, says bank

29 Oct 2020 by David James Leave a Comment

Papua New Guinea is increasing its debt by less than other nearby nations and the contraction of its economy is not expected to be as severe as the world average, says a Kina Bank report.
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Papua New Guinea at risk of losing foreign investment, says head of think-tank

28 Oct 2020 by David James 1 Comment

Papua New Guinea should seek to attract more foreign investment in the wake of the COVID-19 crisis. But many of its policies are going in the opposite direction, according to Paul Barker, Executive Director of the Institute of National Affairs.
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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

COVID silver linings: Bank of Papua New Guinea releases economic bulletin and not all is bad news

Kina readies fund to help Papua New Guinea’s SMEs unlock their potential

2020: the year in review for Papua New Guinea business

Future of prices for Papua New Guinea’s mining exports look positive, say analysts

JMP Securities sees big growth opportunities for investment products in Papua New Guinea

Urgent assistance need for some industry sectors, says Business Council of Papua New Guinea

Global economic recovery should provide good news for Papua New Guinea’s miners

Budget paper: Papua New Guinea’s revenue problem means it must raise more debt

‘Promising’ forecast: Papua New Guinea’s economy doing well compared to neighbours, says bank

Papua New Guinea at risk of losing foreign investment, says head of think-tank

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

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