Papua New Guinea

Displaying 211 - 216 of 445

 

Cruise liner visits are becoming a solid source of tourism revenues for Papua New Guinea and are increasingly being viewed as important to the sector’s development. Travelling by cruise ship is considered an ideal way to explore PNG, as there is the advantage of on-board lodging and amenities, meaning visitors can access remote areas that...

While Papua New Guinea remains a relative newcomer to the global tourism stage, international arrivals to the country have risen steadily over the past decade, from just over 69,200 in 2005 to more than 198,600 in 2015, according to data compiled by the PNG Tourism Promotion Authority (TPA). Although notable, most of the increase has been driven by the influx of business...

 

Vision 2050, Papua New Guinea’s long-term national development strategy, emphasises the tourism industry’s potential to become a key driver of economic growth, particularly with respect to creating rural and urban employment opportunities. A number of incentives to help spur investment in the sector are laid out in the Medium Term Development...

 

Encircled by be an exclusive economic zone totalling 2.4m sq km of ocean, PNG’s fisheries play a key role for domestic artisanal fishermen populating the coastal communities and are an important currency earner within the international fishing industry. The largest fishery zone in the South Pacific, these waters are among some of the most...

 

Even as investment dollars and export revenues have driven Papua New Guinea’s economy forward and provided new-found wealth to a segment of the population, large numbers of rural inhabitants who rely on the agriculture industry for their livelihood have yet to cash in on the country’s wave of prosperity. Because it remains the largest employer...

 

For the entirety of the island’s history, the vast majority of Papua New Guineans have been able to rely on the land and the sea to provide them with sustenance to meet their daily needs. Endowed with an astounding variety of fruits and vegetables, the average resident does not have to venture far from their front door to find a variety of...

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart