Opinion: Sovereign Wealth Fund key to the fall or rise of the kina

The ANZ Bank last month predicted the kina will fall by up to 10% in value by the end of 2014, in anticipation of income from the LNG project. Paul Barker from the Institute of National Affairs, looks ahead several years to when that income begins to have ‘a substantial impact’.
Read More

Opinion: Callick assesses the success of public-private partnerships

Papua New Guinea’s Treasurer Don Poyle has called for more public-private partnerships to drive the PNG economy. As the O’Neill government prepares to create an umbrella trust to oversee State-Owned Enterprises and their partnerships with private enterprise, Rowan Callick lays out the test for their success.
Read More
advertisment...

What’s on the agenda for Papua New Guinea business in 2014?

The coming year looks promising for Papua New Guinea business, with the giant PNG LNG project due to commence gas exports, and further investments looking likely. Meanwhile, eyes are on the O'Neill Government to see how it can improve the operating environment for business. Business Advantage PNG looks ahead to consider what 2014 may bring.
Read More

Memoir: Exporting along the Kokoda Trail

Three years ago, 'Airport Economist' Tim Harcourt came to Papua New Guinea to see how it was coping after the global financial crisis. In this excerpt from his forthcoming book, Trading Places – The Airport Economist’s Guide to International Business, he reflects on what he found.
Read More

Opinion: National Development Forums provide critical listening post

Paul Barker, the Director of the Institute of National Affairs, reviews the 2013 National Development Forum, organised by the Consultative Implementation and Monitoring Council (CIMC). The national forum is the culmination of four regional forums held over the past six months. This year’s focus was on revitalising services at the District level across Papua New Guinea.
Read More