In what is considered to be the last frontier market in South-east Asia, the pace of business-friendly reforms...
Asia Economy
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Chapter | Country Profile from The Report: Myanmar 2020
Foreign companies are showing interest in Myanmar’s geostrategic location, abundant natural resources and youthful population. A focus on following international best business practices and reducing the informal economy, paired with an annual GDP growth forecast at around 6% in the coming years, is setting Myanmar on a path to catch up with some regional peers.
This chapter contains selected listings of some of the Papua New Guinea’s top hotels; contact details for embassies, ministries and organisations; helpful tips for business and leisure travellers; and other useful suggestions for travellers to the country.
Efforts to increase public governance are gradually bolstering confidence in Papua New Guinea’s economy, despite national performance being heavily dependent on somewhat-unpredictable extractive industries. These were affected in the first half of 2018 by an earthquake in February, and recovered in the second half when international commodities prices rose. Recovery in liquefied natural gas...
Chapter | Trade & Investment from The Report: Papua New Guinea 2019
Papua New Guinea’s international profile received a boost when it chaired the APEC forum in 2018, an event that culminated in the APEC Leaders’ Summit in Port Moresby in November of that year. During the meeting, leaders from some of the world’s largest economies congregated in the capital to discuss a host of regional issues. While the business climate is hampered by regulatory obstacles and...
Chapter | Country Profile from The Report: Papua New Guinea 2019
Papua New Guinea is a vast archipelago, of which the main island – shared with Indonesia – forms the largest tropical island on Earth. Known for its unique flora and fauna, the country is famous for its environmental variety. However, with more than 850 languages spoken within its borders, it is also considered one of the most culturally diverse nations in the world. While it enjoys...