Five things we learned from the Bank of Papua New Guinea’s Economic Outlook
The latest Bank of Papua New Guinea figures on the economy contain some encouraging news, but also some frank talking from Governor Bakani. Foreign reserves are declining...
Author : Business Advantage PNG
Coastal shipping bottoming out, says Bismark CEO Jamie Sharp
Papua New Guinea’s coastal shipping sector acts as a barometer for the country’s broader economy. While there has been a 25 per cent drop in...
Asian Development Bank puts case for greater private involvement in state-owned enterprises
Image: PNG Power Head Quarter in Port Moresby Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for...
Improved banking services held back by high internet prices, say bankers
Image: NDB’s Moses Liu The potential for improved financial and other services delivered via the internet in Papua New Guinea is high, the nation’s top bankers tell Business...
Hotel investments transforming Port Moresby into regional conference venue
Image: The outlook from the refurbished Ela Beach Hotel. By the time of the APEC Summit in 2018, Port Moresby could have as many as 2550...
What’s behind Papua New Guinea’s supplementary budget
The Papua New Guinea Government has released its 2016 Supplementary Budget to adjust to ‘tough’ economic conditions. It assumes lower economic growth, a...
Entrepreneur: Roberta Morlin, women’s health app developer
Roberta Morlin is developing an app that will be able to provide direct medical consultation for women in remote PNG. She explains to Business Advantage...
Top bankers set the record straight on Papua New Guinea’s foreign exchange shortage
Papua New Guinea’s top two bankers – Loi Bakani, Governor of the Bank of Papua New Guinea and Robin Fleming, Chief Executive of Bank South...
What is stopping Papua New Guinea’s Panguna mine from re-opening?
The Autonomous Bougainville Government wants to put the operation of the giant Panguna copper mine out to international tender as soon as possible, President...