Situated at the eastern-most point of the New Guinea islands and in a different time zone from the rest of Papua New Guinea, the Autonomous Region of Bougainville (ARB) is composed of two large islands, Buka and Bougainville, separated by a narrow tidal channel. Together with over 200 smaller islands and countless atolls, it forms an...
Growth in developing Asia has begun to ease slightly as prospects moderate in China and a delayed recovery in industrial economies causes a continued slowdown of growth. China has continued to shift to a new normal that is less dependent on exports and investment, which partly explains the slowdown we have observed in the region.
The government of Papua New Guinea has rolled out a new plan to support small and medium-sized enterprises (SMEs) by improving access to finance and training. Unveiled in February, the SME Policy and Master Plan 2016-30 sets out objectives to expand the economy and create employment outside of the main population and trade hubs. The package,...
To what extent has the economic downturn affected Papua New Guinea’s large corporations?
Located on the Gulf of Huon, due north of Port Moresby, Morobe province is widely regarded as Papua New Guinea’s industrial heartland. The region is the gateway to the highlands and islands as well, providing the main transport link between the most populous provinces of the country. The Highlands Highway ends here, making the region’s capital...
Which sectors continue to propel Papua New Guinea’s economy forward despite the overall slowdown in the region?
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