Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.
In brief: 25 billion kina of mining investment in Papua New Guinea and other business stories
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3 Dec 2014 by
Over 25 billion kina of mining investments over next decade expected, and New Britain Palm Oil hit by kina’s value. Your weekly digest of the latest business news.
In brief: Prime Minister resists arrest warrant and other stories
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18 Jun 2014 by Leave a Comment
Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
In brief: O’Neill defends loan, call to boost police/military, Abbott in PNG
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20 Mar 2014 by Leave a Comment
O’Neill defends loan to buy into Oil Search, economy vulnerable unless security boosted, Manus Detention Centre focus of Abbott/O’Neill talks. Your weekly digest of the latest business news.
PNG Manufacturers look to the future
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12 Mar 2014 by Leave a Comment
There is no question that Papua New Guinea’s manufacturers-which account for about 9% of the country’s GDP – have been caught up in the general downturn in the country’s economy, with a combination of lower investment in the mining and petroleum sectors, lower commodity prices and a stronger currency slowing growth and reducing domestic demand.
Papua New Guinea’s manufacturers seek level playing field on cheap imports
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4 Feb 2014 by 1 Comment
Cheap imports into Papua New Guinea are posing an increasing threat to local producers, with reports of foreign companies ‘dumping’ goods in PNG or under-declaring the value of imports.
Agribusiness [sector profile]
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1 Sep 2012 by 5 Comments
Papua New Guinea’s agricultural sector has a number of competitive advantages, including high seasonal rainfall, good quality soil and low-intensity methods. The absence of pesticides and artificial fertilisers presents opportunities for PNG to position itself as a leading organic producer. Palm oil, coffee and cocoa are Papua New Guinea’s three most valuable agricultural commodities, together […]
A season of healthy growth
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1 May 2012 by Leave a Comment
Farming expertise, rich soil and high rainfall are behind Papua New Guinea’s organic strength. Agriculture accounted for more than 30% of Papua New Guinea’s GDP in 2011, according to World Bank figures. The sector expanded at a moderate pace in 2011, with many cash crops responding to high international prices. PNG’s most valuable cash crops—oil […]
An appetite for growth
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1 May 2008 by Leave a Comment
Papua New Guinea food producer Trukai Industries (‘trukai’ means ‘good food’ in tok pisin) achieved a notable breakthrough at the end of 2007 when it began exporting long-grain rice to drought-stricken Australia, in spite of the fact that PNG grows little rice of its own. The raw material is imported from Thailand then processed in […]
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