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.
Papua New Guinea
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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.
Papua New Guinea is moving forward with plans to upgrade its ICT infrastructure and address connectivity issues, as it capitalises on its position as APEC chair in 2018 to promote an agenda for digital inclusion.
Import tariffs imposed at the beginning of the year are starting to have an impact on local industry in Papua New Guinea, supporting efforts to curb the import bill and encourage self-sufficiency.
While Papua New Guinea continues to boost the role of renewables in line with long-term sustainable energy targets, gas-fired generation is also set to increase in order to meet current shortfalls in electricity supply.