Home  »  Sections  »  Region

Region

Pacific Island exporters expecting boost in orders and looking to Asia, study finds

25 Sep 2018 by Leave a Comment
A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.
Read More

‘Encouraging’ gas find likely to boost Papua New Guinea LNG expansion as China locks in long-term contract

5 Sep 2018 by 1 Comment
Analysis of test results from a potentially new LNG find at the Barikewa-3 well in the Papua New Guinea Forelands is underway but it’s too early to say how that gas will be commercialised, according to well operator, Oil Search. Meanwhile, the signing of a long-term contract for gas from PNG with China confirms demand for gas from China will continue well into the 2020s.
Read More

MYEFO report says Government wants to bring forward sovereign bond raising to solve forex shortages

28 Aug 2018 by 1 Comment
The Government’s Mid-year Economic and Fiscal Outlook (MYEFO) statement has indicated that it is in the ‘advanced stages’ of negotiating the country’s first sovereign bond later this year. The strategy is being adopted to solve the nation’s foreign exchange shortages, but it does carry risks.
Read More

Public holidays declared in Port Moresby due to APEC summit, says CEO

14 Aug 2018 by 2 Comments
The two days before the APEC Leaders meeting have been declared national holidays in the National Capital District in Port Moresby, according to Chris Hawkins, the Chief Executive Officer of APEC Papua New Guinea. He told an APEC summit briefing that Papua New Guinea has advantages when it comes to hosting the big event.
Read More
advertisment...

Prime Minister gives upbeat take on Papua New Guinea’s economy

7 Aug 2018 by 1 Comment
The Prime Minister, Peter O’Neill, speaking at Business Advantage
 Papua New Guinea Investment Conference in Brisbane, said the mid-year assessment of the economy was better than anticipated. He said the growing investment interest in the Pacific from China, Australia and the United States is ‘healthy’.
Read More

Five questions for Jay Bartlett, Chairman of the Solomon Islands’ Chamber of Commerce

5 Jun 2018 by Leave a Comment
Neighbouring Solomon Islands has strong business ties with Papua New Guinea. Jay Bartlett, Chairman of the Solomon Islands Chamber of Commerce and Industry, tells Business Advantage PNG that the country has some positive prospects, especially with its new undersea telecommunications cable.
Read More
« Previous Page
Next Page »