Papua New Guinea is on track to double its liquefied natural gas (LNG) production capacity following a recent agreement with energy majors, although opposition to the deal may slow down the...
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Economic Update | The $13bn development set to double PNG’s LNG production capacity
5 Jun 2019
Economic Update | The impact of improved foreign currency supply on PNG’s economy
30 Apr 2019
The shortage of foreign exchange liquidity in Papua New Guinea’s economy appears to be easing, with increased currency inflows helping to meet the needs of both importers and the financial sector....
Economic Update | How PNG is achieving faster, more reliable internet access
29 Mar 2019
A new submarine fibre-optic cable network is already boosting Papua New Guinea’s internet speeds and ICT capacity in some regions, with further improvements set to come this year through a subsea...
Economic Update | How new investments will drive a rebound in Papua New Guinea’s mining sector
28 Feb 2019
A raft of foreign capital investments across new and existing mines in Papua New Guinea are set to boost production and lead to a rebound in government revenues; however, there are concerns proposed...
Economic Update | Papua New Guinea: Year in Review 2018
24 Jan 2019
A 7.5-magnitude earthquake and its subsequent impact on the mining and energy sectors led to a difficult year for Papua New Guinea in 2018; however, new investments from foreign players should reap...
Economic Update | Papua New Guinea reaps benefits from hosting APEC summit
11 Dec 2018
Host nation Papua New Guinea has benefitted from the superpower rivalry that dominated this year’s APEC summit, accumulating a series of economic benefits associated with holding the 21-member bloc’s...
