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Economic Update | Papua New Guinea to tighten net on illegal fishing

1 Oct 2014
Efforts are being stepped up to ensure the sustainability of Papua New Guinea’s (PNG) fisheries industry as illegal fishing threatens its long-term future. At the same time, the country is seeking to...

Economic Update | Papua New Guinea hopes for connectivity boost

25 Jul 2014
The information and communications technology (ICT) sector in Papua New Guinea (PNG) is fast expanding, with new funding paving the way for industry players to meet rising demand from businesses...

Economic Update | Papua New Guinea looks to life after building boom

24 Jun 2014
The government in Papua New Guinea (PNG) has pledged to upgrade its infrastructure after years of underinvestment, a move which will also help plug the construction gap as the country’s mega project...

Economic Update | PNG extends financial services to rural areas

30 May 2014
The cash-based economy of PNG is currently undergoing a rapid change, with increasing revenues from large liquefied natural gas projects the main driver of the banking sector’s growth. In 2013, the...

Economic Update | Papua New Guinea and Australia set to further strengthen ties

18 Apr 2014
Australian Prime Minister Tony Abbott flew into Port Moresby in late March accompanied by an A-list of his country’s business leaders, with trade and investment on their minds. And, after a loaded...

Economic Update | Papua New Guinea targets transport upgrades

31 Mar 2014
The transport networks serving Papua New Guinea are set to receive a $1bn overhaul as the country moves to install the infrastructure needed for the next phase of its economic development.