Recent moves to ease visa restrictions for Chinese tour groups and expand air services to the Asia-Pacific region could help Papua New Guinea’s tourism industry expand its source markets and develop beyond the business segment.
Papua New Guinea
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An improved commodity outlook and renewed economic stability are combining to ease foreign currency shortages in Papua New Guinea, as the government looks to tap international money markets.
Economic update | Papua New Guinea moves to lower costs for agricultural exports and boost local production
27 Aug 2018
New initiatives focused on building agricultural production capacity and lowering costs for goods carried overseas seek to move Papua New Guinea one step closer to becoming a more competitive, export-driven economy.
Papua New Guinea’s mining industry should see increased activity following the announcement of new foreign investment, which comes as many mines resume operations after February’s earthquake.
Economic update | Plans for blockchain-focused economic zone gain traction Papua New Guinea
29 Jun 2018
Papua New Guinea is looking to foster an enabling environment for blockchain development as it finds a partner to establish an economic zone dedicated to the technology.
Economic update | Papua New Guinea turns to bond issues and stock exchange to plug financing gaps
25 May 2018
Papua New Guinea is looking to the international bond markets to help bridge revenue shortfalls, announcing the launch of its first eurobond in tandem with wider moves to open up the stock exchange to foreign investors.