Private sector encouraged to lead cluster developments in the Pacific
Nadi, Fiji – A two-day workshop to review four cluster pilots undertaken in Papua New Guinea, Samoa, Tonga, and Vanuatu ended on Tuesday with participants clearly outlining the desired future direction of cluster development in the Pacific. The Regional Cluster Initiative Project was funded by Business Climate Facility (BizClim), a programme of the European Union and […]
Boosting the domestic economy is the key to increasing PNG growth
The creation of the PNG LNG project highlights the next major challenge facing Papua New Guinea: how to grow the non-mining sectors. Economist Dan Gay says growing domestic demand, the internet and service industries can help overcome inherent problems. Whatever the Pacific’s been doing until now, it hasn’t been working. Overall economic growth in Papua […]
Newsletter Issue 8th August 2014
Click here for out latest newsletter, issued 8th August 2014.
OPINION: PNG NEEDS TO ENGAGE WITH ASIA’S A-TEAM
Next year, the Papua New Guinea economy will boast the biggest growth in the world. Rowan Callick looks at what political leaders and policymakers must do to take advantage of the country’s talent and opportunities. Papua New Guinea is a country teeming with talent and with opportunity, and with the banks claiming they have the […]
Newsletter Issue 1 August 2014
Click here for our latest newsletter, issued 1 August 2014.
Mining recovery a long way off, says Newport
The outlook for the mining sector has reached a new five-year low and confidence levels are likely to take years to recover, according to Newport Consulting’s new mining outlook. Despite some optimism last year, the latest report found mining leaders troubled by falling demand and a tough regulatory environment. An overwhelming 93% of leaders were […]
Calls for urgent action and investment incentives to boost non-mining sectors
Two respected trade and industry leaders have urged the government to boost investment in agriculture and non-mining sectors, warning a failure to act soon could induce ‘the dreaded Dutch Disease’. The head of the trade division of the Department of Trade, Commerce and Industry, Max Rai, wants the government to provide incentives to attract foreign […]
In brief: National Roads Authority and Planning Minister discuss state of PNG roads + other business stories – www.businessadvantagepng.com
National Roads Authority and Planning Minister discuss state of PNG roads, National Airports Corporation releases commercial tenders at POM, and Cue Energy puts PNG assets on market. Your weekly digest of the latest business news. The CEO of National Roads Authority Ponege Poya says the NRA is unable to undertake any significant improvement work for […]
Australian aid and trade watchdogs denounce Pacific Free Trade Agreement
Independent Australian organisations, the Australian Fair Trade and Investment Network (AFTINET) and AID/WATCH, Australia’s aid monitor, have voiced serious concerns about the PACER-Plus Free Trade Agreement currently being negotiated between Australia, New Zealand and Pacific Island Countries. Both organisations assert that PACER-Plus will leave Pacific Island Countries disadvantaged, and ignores calls from Pacific Islanders who […]
Newsletter Issue 25th July 2014
Click here for the latest newsletter from 25th July 2014.
From the President’s Desk – 25th July 2014
CRICKET LEGENDS TO VISIT LAE Two Cricket Legends will be in Lae next month. Arjuna Ranatunga and Andrew Bichel will be here on Thursday 28th of August and a fund raising dinner is being organised to raise funds for Cricket Lae. The kids of Lae will be able to attend a coaching clinic to be […]
Agreement with Vodafone UK will allow bmobile to expand and compete
Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company’s operations in PNG and Solomon Islands. Since its inception, bmobile has had a chequered history. Nine CEOs, under resourced and with […]
