Home building set to rise sharply in Papua New Guinea says real estate website CEO
Home building in Papua New Guinea is set to accelerate sharply, according to Matthew Care, Chief Executive and founder of the real estate website Hausples.com.pg,...
Author : Business Advantage PNG
LNG prices strong and copper continues its upward trend: a monthly review of Papua New Guinea’s commodities and financial markets
LNG prices have surged and oil prices are stable, while cocoa prices are up but coffee is down. Business Advantage PNG’s monthly review of Papua...
Eda Ranu looking to take more control of its operations, says Chairperson
The state-owned National Capital District-based water utility, Eda Ranu, is looking to bring more of its operations in-house. Chairperson Mary Karo tells Business Advantage PNG...
Air Niugini looking to make Jacksons Airport a regional hub says chairman
National airline Air Niugini is helping establish Jacksons International Airport as a regional hub, according to the company’s Chairman, Sir Frederick Reiher. He told the...
‘Prosperity diseases’ the next health challenge for Papua New Guinea
The next health care challenge for Papua New Guinea authorities is the afflictions of modern society, says Dr Myles Neri, Group Medical Director of International...
World Bank forecasts continued challenges for Papua New Guinea economy
The Papua New Guinea economy is unlikely to rebound strongly before 2020, according to a report by the World Bank. It forecasts steady, but unspectacular,...
Papua New Guinea’s Supplementary Budget makes tough choices
The National Government has issued a Supplementary Budget to deal with the fiscal and economic issues facing Papua New Guinea. Economic commentators tell Business Advantage PNG that...
Oil, LNG likely to be volatile and agricultural commodity prices mixed, says report
Oil prices are likely to remain volatile and LNG prices may head lower due to complex shifts in supply and demand. Other commodities seem more...
Oil Search share sale represents a win for Papua New Guinea, says analyst
Papua New Guinea’s state-owned company Kumul Petroleum Holdings has sold its 10 per cent stake in Oil Search, with its Managing Director Wapu Sonk reportedly...
Smartphones can transform Papua New Guinea’s economy, says futurist Mark Pesce
Smartphone technology can transform the economy, futurist Mark Pesce told the Business Advantage Papua New Guinea Investment Conference in Sydney earlier this month. He painted a...