A new Country Director for the Asian Development Bank, Vice-Chancellor of UPNG steps down, the new Chinese Ambassador presents his credentials, and PNG’s UK High Commissioner takes on a key EU role
People moves: Asian Development Bank, UPNG, Chinese Embassy, PNG High Commissioner to UK
Welcome,
30 May 2017 by Leave a Comment
The Solomon Islands are ripe for growth, says the chair of its chamber of commerce and industry
Welcome,
23 May 2017 by 1 Comment
The Solomon Islands’ economy grew by three and a half times between 2003 and 2016. In the first of a two part series, Business Advantage PNG looks at the challenges and opportunities facing the emerging nation.
In brief: BSP proposed ASX listing postponed, and other business stories
Welcome,
18 Apr 2017 by Leave a Comment
Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.
In brief: Government to buy 20 per cent shareholding in Port Moresby hotel complex, and other business stories
Welcome,
21 Mar 2017 by Leave a Comment
Government to spend K300 million buying into Star Mountain Plaza project, Bougainville President supports new-look BCL, and Trade Minister seeks ban on Fiji imports. Your weekly digest of the latest business news.
What’s on the agenda for Papua New Guinea business in 2017?
Welcome,
18 Jan 2017 by 2 Comments
As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be a year of preparing for better times.
In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news
Welcome,
14 Dec 2016 by Leave a Comment
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
Melanesian oceans worth K1.76 trillion says World Wildlife Fund
Welcome,
27 Oct 2016 by 1 Comment
Melanesian oceans has calculated that its Gross Marine Product is equivalent to the combined economies of Fiji and the Solomon Islands and argues it requires special stewardship. An Asian Development Bank (ADB) report points to particular issues in tuna fishing.
In brief: Papua New Guinea government seeks K974 million loan from ADB and other business stories
Welcome,
12 Oct 2016 by Leave a Comment
Papua New Guinea’s government is seeking K974 million from the Asian Development Bank, Australia to earn negligible royalties from its oil and gas assets, and Newcrest describes conditions as ‘tough’ in PNG. Your weekly digest of the latest business news.
Asian Development Bank puts case for greater private involvement in state-owned enterprises
Welcome,
21 Sep 2016 by 1 Comment
Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for improving the sector’s efficiency, according to a new report by the Asian Development Bank.
In brief: Maru wants Papua New Guinea-Fiji trade dispute resolved by October, and other business stories
Welcome,
7 Sep 2016 by Leave a Comment
Trade Minister Richard Maru wants trade issues with Fiji resolved this month, UBS buys into Kina Securities, and ANZ offers debit cards in PNG.
USD 0.251
AUD 0.3939
GBP 0.1966
EUR 0.2385
NZD 0.4333
JPY 38.07
SGD 0.3368
Recent readers’ comments