Papua New Guinea is a ‘low risk’ country for foreign investors, according to John Leahy, President of the Papua New Guinea Chamber of Commerce and Industry. But he tells Business Advantage PNG that it is important to prepare thoroughly in order to be a successful investor.
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Papua New Guinea ‘low risk’ for foreign investors says head of Chamber of Commerce and Industry
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29 Aug 2017 by Leave a Comment
Papua New Guinea government needs a revenue strategy says Treasury Secretary
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21 Aug 2017 by 5 Comments
The Papua New Guinea Government needs to look at raising more revenue, as well as keeping its expenditure under control, according to Dairi Vele, Secretary of the Department of Treasury.
Aviation and maritime industries in Papua New Guinea to address new emissions rules
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1 Aug 2017 by 1 Comment
Ocean freight and air freight services, both in and out of Papua New Guinea, will be required to ensure they are compliant with future emissions reductions requirements. Rensie Panda, Lead Climate Change Negotiator at the Climate Change & Development Authority, tells Business Advantage PNG what to expect.
Oil prices recover and coffee and cocoa up: a monthly review of Papua New Guinea’s commodity and financial markets
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25 Jul 2017 by Leave a Comment
Oil prices have recovered and coffee and cocoa are both strong. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Domestic credit in Papua New Guinea sound, say finance executives
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12 Jul 2017 by Leave a Comment
Businesses in Papua New Guinea may be finding it hard to get foreign exchange, but credit quality within the domestic economy remains relatively healthy. Finance executives and analysts tell Business Advantage PNG that there has been only a slight deterioration of kina-denominated credit, despite the weak economy.
In brief: Total to build separate LNG pipeline, and other business stories
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11 Jul 2017 by Leave a Comment
Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and BCL to step up community engagement. Your weekly digest of the latest business news.
Agriculture prices fall sharply: a monthly review of Papua New Guinea’s commodities and financial markets
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28 Jun 2017 by Leave a Comment
It has been a patchy month for energy prices and precious metals, while agricultural prices have been sharply weaker. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
How Puma Energy services Papua New Guinea’s energy market
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27 Jun 2017 by 47 Comments
Since 2014, Puma Energy has been Papua New Guinea’s major refiner and retailer of petroleum products. Its also part of a global energy operation that spans 47 countries. Jim Collings, Country General Manager, explains some of the challenges of supplying a country which is still heavily reliant on diesel fuel.
Cooperation in resources sector improving Papua New Guinea’s international standing, says analyst
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27 Jun 2017 by 1 Comment
Cooperation amongst the energy majors in Papua New Guinea is leading to greater efficiency and higher international standing, according to industry leaders and analysts. What is happening in PNG appears in stark contrast to recent experiences in Australia’s LNG industry.
Queen’s Birthday Honours 2017 for Papua New Guinea
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21 Jun 2017 by Leave a Comment
Four new Knights are among 80 Papua New Guineans recognised in the 2017 Queen’s Birthday Honours Awards.
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