Given that there is no investment currently, what is needed to get Australian institutional investors involved in Papua New Guinea? Stephen Nash, former Chief Investment Officer for Nambawan Super, examines one possible initiative: risk sharing.
Opinion & analysis
There are many pitfalls for the unwary when dealing with other countries’ money says Stephen Massa, Head of the PNG Office for law firm Dentons.
The fate of some major projects will be critical for the future of the Papua New Guinea economy over the next decade. In the second of a two-part series, Andrew Wilkins discusses the implications.
Papua New Guinea is getting its house in order as it anticipates a period of stronger economic growth, driven in part by significant new investment in mineral production and infrastructure. In the first of a two-part series, Andrew Wilkins discusses its economy with business leaders and assesses where it is most likely to head.
Changing the way aid is configured to focus on improving the financial system could help Papua New Guinea gain access to much needed capital for its infrastructure needs, says Stephen Nash, the former Chief Investment Officer for Nambawan Super.
As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.
It takes a certain kind of person to be successful as an expatriate in Papua New Guinea, according to Fraser Hawkins, Principal Consultant at Peopleconnexion Recruitment. He explains how the right attitude matters just as much as what is on paper.
Papua New Guinea has the opportunity to take the lead in blockchain technologies, says the former Chief Information Officer at Kina Securities, Aaron Bird. The technology, he says, can be used for much more than cryptocurrencies such as bitcoin.
The National Government has issued a Supplementary Budget to deal with the fiscal and economic issues facing Papua New Guinea. Economic commentators tell Business Advantage PNG that it is a tough budget, but flag that more measures may be needed.
Leading financiers have called for better international marketing of the country’s financial system and assets. They told the Business Advantage Papua New Guinea Investment Conference, that it is an important step towards creating more mature financial markets.