The annual Papua New Guinea Advantage investment summit was held this week in Port Moresby. After two days of discussions, presentations, speeches, dinners and question-and-answer sessions, here are five observations.
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PM to open Papua New Guinea investment summit
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4 Sep 2013 by
Papua New Guinea’s Prime Minister Peter O’Neill will open the country’s annual investment conference in Port Moresby next Monday.
Papua New Guinea mid-year budget outlook: What do analysts think?
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7 Aug 2013 by Leave a Comment
Papua New Guinea’s Treasurer Don Polye gave a comprehensive update on the nation’s economic outlook last week. We asked analysts for their reaction.
Wood Group PSN wins PNG LNG contract
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31 Jul 2013 by
The international energy services company, Wood Group PSN, has won a contract with Esso Highlands to provide construction and maintenance to services to the Hides gas plant in Papua New Guinea’s Highlands and the new PNG LNG plant near Port Moresby.
‘Modest’ gas find in Gulf of Papua – Oil Search
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25 Jul 2013 by
Oil Search has reported that while it has discovered only ‘modest’ quantities of natural gas during a new exploration campaign in the Gulf of Papua, it will continue drilling in the area.
Papua New Guinea Government unfazed by foreign borrowing despite central bank concerns
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24 Jul 2013 by Leave a Comment
The Bank of Papua New Guinea argues that the government should fund its spending plans from the domestic banking system. Meanwhile, the government is ramping up its borrowing from foreign sources. Who is right?
Papua New Guinea bucket list: Walindi Plantation Resort
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25 Jun 2013 by Leave a Comment
Nestled in PNG’s Kimbe Bay in West New Britain, Walindi Plantation Resort is a gem for divers eager to encounter some of the most beautiful, unspoiled coral reefs in the world. Sonja Heydeman learns more, as part of our ongoing tour of some of PNG’s leading tourist locations.
The impact of a declining Papua New Guinea currency
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19 Jun 2013 by
Papua New Guinea’s currency, the kina, has lost around eight percent of its value against the US dollar over the past 12 months. What does this mean for business?
Upturn forecast in Papua New Guinea domestic tourism
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12 Jun 2013 by
The Australia/New Zealand representative for PNG’s Tourism Promotion Authority predicts strong growth in domestic tourism, anticipating a drop in travel costs and increased marketing of PNG’s natural scenic spots. Sonja Heydemann reports.
Interview: Ties between Cairns and Papua New Guinea growing, says Charlton
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4 Jun 2013 by
The Chairman of Advance Cairns, Cam Charlton, explains why the commercial ties between Cairns and PNG are going from strength to strength.
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