Housing is in high demand in Papua New Guinea, especially in Port Moresby and Lae. Large housing developments can increase supply, but regulators and developers must work together to reduce the costs, argues the PNG National Research Institute’s Logea Nao.
Opinion: How Papua New Guinea can achieve economies of scale in housing
Welcome,
1 Jul 2024 by Leave a Comment
Less queues, more money: Papua New Guinea government land leases go online in ‘game-changing’ move
Welcome,
19 Aug 2020 by 4 Comments
Secretary of the Department of Land and Physical Planning, Benjamin Samson, talks to Business Advantage PNG about how his department’s move into e-government might increase revenue and make life easier for business.
Warnings that proposed changes to Papua New Guinea’s Land Act could harm economy
Welcome,
15 Jun 2016 by 7 Comments
During May, forums were run in Port Moresby, Lae, Mt Hagen and Kokopo to solicit public responses to the Papua New Guinea government’s new land bill. The intent of the new bill is to protect the rights of customary landowners, by extinguishing any State leases, mortgages or sub-leases held by non-citizens. But the consequences for PNG industry and the economy could be dire, some observers are saying.
In brief: Papua New Guinea Treasurer says banks’ kina trading range too high and other stories
Welcome,
25 Jun 2014 by
Banks trading ‘well and above’ preferred kina rate, minister wants business contracts under K10 million to be reserved for Papua New Guineans, and Bakani says reserves will last seven months. Your weekly digest of the latest business news.
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments