Call for government to lower interest rates, inflation rises and Air Niugini reduces fuel surcharge. Your weekly digest of the latest business news.
Papua New Guinea economy facing ‘significant challenges’ as growth reaches fastest in 40 years
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24 Sep 2014 by 1 Comment
The Papua New Guinea economy is facing significant challenges, as growth reaches 20-22% next year, ANZ Asia-Pacific Chief Economist Glenn Maguire told this month’s Papua New Guinea Advantage Investment and Infrastructure Summit in Port Moresby.
Fiji’s return to democracy expected to bring investment opportunities
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17 Sep 2014 by Leave a Comment
Foreign investment in the Fiji economy is expected to return, following the first democratic election since the 2006 coup. Tourism, infrastructure and natural resources are three sectors expected to benefit, but economists and business leaders say that will depend on political and policy stability, as Kevin McQuillan reports.
ANZ suggests a Papua New Guinea government bond issue to finance deficit spending
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27 Aug 2014 by 3 Comments
The Papua New Guinea economy faces a conundrum: how to finance deficit spending as cheaply as possible. ANZ analysts suggest a global bond issue as a solution. At the same time, ANZ CEO Mike Smith urges a national discussion about how to capitalise on the Asian Century.
Program firms up for Papua New Guinea Advantage Summit
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13 Aug 2014 by
September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
In brief: Government to deliver military infrastructure upgrades, and other business stories
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16 Jul 2014 by Leave a Comment
The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.
Poll reveals Papua New Guinea business divided on impact of stronger kina
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18 Jun 2014 by Leave a Comment
While Papua New Guinea-related businesses are divided on the impact of a stronger kina, all agree it will have some effect on their business, according to Business Advantage PNG’s poll.
What’s around the corner for the Pacific economy?
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10 Jun 2014 by Leave a Comment
The Pacific’s increasing integration with Asia, elections in Fiji and more leadership from Papua New Guinea are just some of the factors likely to shape the region over the coming year, according to the region’s three top bankers. In exclusive interviews with all three, Business Advantage PNG canvasses their thoughts on the year ahead.
In brief: O’Neill to outlaw Special Agricultural Business Leases and other business stories
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29 May 2014 by Leave a Comment
Cabinet to ban SABLs, Telikom prepares for transition to becoming a retailer, and a possible eight-year delay in upgrading Lae airport. Your weekly digest of the latest business news.
ANZ’s bold thinking: eight bright ideas for Papua New Guinea
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16 Oct 2013 by Leave a Comment
While its bullish prediction of US$23 billion in export earnings for Papua New Guinea by 2030 may have garnered the headlines, there’s a lot more to ANZ’s ‘Bold Thinking: Imagining PNG in the Asian Century’ report, released this week.
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