This section includes an article about the historic Kokoda Trail, as well as information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.
Asia Economy
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PNG’s GDP grew 8.9% in 2011, thanks in large part to the fact that construction work on the PNG LNG project is in full swing. While growth likely cannot sustain such a high pace, government officials hope that revenues from the LNG facility will catalyse an economic transformation. Analysts, however, are worried about Dutch disease, where resource-driven growth drives inflation and makes local...
Chapter | Country Profile. from The Report: Papua New Guinea 2012
This chapter focuses on PNG’s rich natural resources, its ethnic diversity and relations with regional neighbours, with a specific focus on trade between mineral-rich PNG and resource-hungry China.
This chapter includes viewpoints from Prime Minister Peter O’Neill; Julie Bishop, Australia’s Shadow Minister for Foreign Affairs and Deputy Leader of the Opposition; and William Hague, UK Secretary...
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Economic update | Indonesia: Policies for growth
8 Jun 2012
The Indonesian economy is maintaining momentum in 2012, despite difficulties across the globe. A large domestic market and growing foreign direct investment (FDI) are ensuring that expansion remains steady. Policymakers and government officials are aware of the downside risks that exist, however, particularly regarding the uncertain global economic climate and the need to tackle the issues that hold back Indonesia’s long-term prospects.
Concerns that a new foreign investment law would severely impact Mongolia’s natural resource sector and economy as a whole are beginning to ease, as industry players now see that reformed legislation is necessary for the country’s economic evolution.