Which sectors continue to propel Papua New Guinea’s economy forward despite the overall slowdown in the region?
Asia Economy
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Interviews & Viewpoints | OBG talks to James Lau, Managing Director, Rimbunan Hijau (PNG) Group: Interview from The Report: Papua New Guinea 2016
Articles & Analysis | Health sector struggles as Papua New Guinea's population grows from The Report: Papua New Guinea 2016
A diverse population and rugged terrain present unique challenges to providing effective health services in Papua New Guinea, especially in rural areas. Growing at an estimated annual rate of 3.1%, PNG’s population is a youthful one, with 38% younger than 15 years and only 5% over 60. The fertility rate of 3.8 live births per woman contrasts...
Articles & Analysis | Papua New Guinea faces tough economic headwinds from The Report: Papua New Guinea 2016
The economy of Papua New Guinea is decelerating, with the GDP growth rate expected to fall by half in 2016 to 4.3% and by nearly half again to 2.4% in 2017. A combination of the end of the construction phase of the PNG Liquefied Natural Gas (LNG) project and an unexpected drop in energy prices has resulted in a significant decline in business...
Articles & Analysis | Debt burden spurs debate in Papua New Guinea from The Report: Papua New Guinea 2016
In recent years, Papua New Guinea has sought to complete two key international transactions, and neither has gone as planned. The $300m facility from the World Bank’s International Finance Corporation (IFC) to provide dollar liquidity is still being discussed, while a $1bn-plus international bond has been at least twice delayed, in 2013 and...
Interviews & Viewpoints | OBG talks to Prime Minister Peter O’Neill: Interview from The Report: Papua New Guinea 2016
Considering the slump in commodity prices, what are the challenges facing Papua New Guinea in the current global economic environment?
Articles & Analysis | Papua New Guinea's natural and cultural assets need careful management from The Report: Papua New Guinea 2016
Culturally one of the world’s most diverse countries, Papua New Guinea is widely considered to be the last frontier for tourism and business opportunities. The island of New Guinea hosts 6-8% of the world’s species, one-sixth of known languages and rivals Borneo, the Amazon and the Congo in terms of biodiversity, according to the Worldwide...