Newsletter Issue 12th June 2015
Click here for this week’s newsletter, issued 12th June 2015.
Meet the Pacific’s new man in Beijing
David Morris is the Pacific’s new Trade Commissioner to Beijing. He talks to Business Advantage PNG about the changing nature of China’s economy and the trade and investment opportunities for the Pacific Islands that can arise from being part of China’s new ‘Maritime Silk Road’. Australian-born David Morris is no stranger to promoting trade and […]
Bright spots, but challenges remain for PNG’s mining industry
Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG. After sharing the pain of a global downturn in commodity prices during the past decade, Papua New Guinea’s mining […]
Newsletter Issue 5th June 2015
Click here for this week’s newsletter, issued 5th June 2015.
Newsletter Issue 29th May 2015
Click here for this week’s newsletter, dated 29th May 2015.
Trukai investing tens of millions to produce PNG grown rice
Last month, Agriculture Minister Tommy Tomscoll told rice companies to start investing and producing rice in country. But, as the CEO of the country’s dominant producer tells Business Advantage PNG, Trukai has already committed to invest tens of millions of kina in rice production. The Papua New Guinea government’s new national rice policy focuses on […]
PNG budget review welcomed
The PNG Government’s decision to review the 2015 Budget has been welcomed, while another prominent economist suggests further foreign investment can be attracted by improved policy settings. The PNG Government’s move, announced by Treasury Secretary Dairi Vele, follows credit ratings agency, Moody’s, changing PNG’s sovereign credit rating to a ‘negative’ outlook, after the fall in […]
From the President’s Desk – 29 May 2015
LAE NADZAB ROAD The serious rain we have experienced in the last week has caused some major flooding in and around Lae but it was particularly noticeable in the 5 and 6 mile sections of the Nadzab Road, where the contractors are currently working on forming the new 4 lane road. The mud and debris […]
Six things we learned at the Australia-PNG Business Forum
Trade Minister Richard Maru urged Australian and Papua New Guinean business leaders to look seriously at diversifying their areas of investments. Business Advantage PNG reports from last week’s Australia–Papua New Guinea Business Forum in Lae. Maru was addressing the 39th annual conference of the Australia-Papua New Guinea Business Council and the Papua New Guinea Business […]
Is more affordable housing on the way in PNG?
With the Papua New Guinea Government highlighting the need for more affordable housing in the country, not-for-profit organisation, Community Housing, believes it has the solution. Papua New Guinea has not escaped the usual spike in housing prices that accompanies major industrial developments, such as the PNG LNG project. Housing prices in PNG have risen to […]
Newsletter Issue 22nd May 2015
Click here for our newsletter, issued 22nd May 2015
Australian Trade Minister says ‘collaboration’ with Papua New Guinea reflects new focus on trade-for-aid
Australia’s Trade and Investment Minister, Andrew Robb, has called for a ‘collaborative approach’ with Papua New Guinea to take advantage of rising global demands for food, energy and water. In an address to the 31st Australia–Papua New Guinea Business Forum in the industrial city of Lae this week, Andrew Robb said there were close similarities […]
