The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.
From lockdowns to remote work and widespread job losses, the Covid-19 pandemic has dramatically changed the way people work. These interruptions are likely to have a significant impact on the global labour market well into the future.
The economic fallout of the Covid-19 pandemic has led to the establishment of a number of debt-relief and financing options for cash-strapped countries. But just how many emerging markets have benefitted from these initiatives?
ETIQUETTE: “For every village a different culture” is the expression that best describes the social norms, cultures and languages of Papua New Guinea’s population. Most locals will greet you with a warm smile. The salutation monin tru (a very good morning) is considered the polite early-day greeting.
AIRWAYS HOTEL Jacksons Parade, Jacksons International Airport PO Box 1942, Boroko, NCD T: +675 324 5200 / 7373 2600 reservations@airways.com.pg www.airways.com.pg Rooms: 40 Bacchus rooms, 49 Fountain rooms, 24 Dakota Rooms, 22 Dakota Junior Suites, 11 Dakota Suites and 1 presidential suite. Business & Conference Facilities: Business...
How would you describe the lifestyle in PNG for corporate travellers or new residents who have relocated for business purposes?
Parliament passed the Mining Amendment Bill 2020 and the Oil and Gas Amendment Bill 2020 on July 10, 2020. These bills will significantly change the mineral, and oil and gas sectors, and will take effect following their certification by the speaker of Parliament. The mining bill intends to give the state an avenue to directly participate in...
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