Asia Economy

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Surveys show that security risks are the most pressing concern for businesses operating in PNG. While discussing risk, however, we often imply that it is possible to clearly articulate or measure the concept. However, the accuracy of crime data – usually provided by PNG’s law enforcement agencies or the National Intelligence Organisation – are...

How would you assess the likely risks for the insurance industry in Papua New Guinea at present?

Promoting PNG as an investment destination on the international market has not always been an easy task, given the poor reputation that the country has been suffering from for at least the last two decades. However, when you look at the facts more thoroughly and look at what an investor should base his decision upon, PNG is in fact a success...

How has the decline in energy and commodity prices affected the country’s financial situation? What can be done to absorb these shocks in the near future?

Since ancient times, Asia and Africa have given birth to, and spread throughout the rest of the world, a variety of ideas and religions. The spirit of generosity, one that cherishes diversity among us, is an important common asset we should be proud of.

What is your assessment of the current business environment in Papua New Guinea?

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