Endowed with a favourable climate, high seasonal rainfall, good quality soil and low-intensity farming methods, the agricultural industry has traditionally been the most consistent contributor to Papua New Guinea’s economy as well as its largest employer. Although export revenues have been outpaced by mineral and energy sales, the...
Already one of the world’s premier tuna producers, PNG is looking to further capitalise on its rich fisheries sector by boosting downstream capabilities. In its bid to ensconce itself among the global seafood exporting elite, on par with the likes of Thailand or Ecuador, PNG is working to more than double its domestic cannery production. The...
First introduced over 120 years ago during the era of German colonisation, coffee cultivation and exportation as a cash crop has had a long and successful history in PNG. From its humble beginnings as an export to Australia at the turn of the 20th century, cultivation of the crop has grown over the years to elevate coffee to the second-most-...
The Highlands region of Papua New Guinea is not merely the nation’s geographical heart; it is also a crucial contributor to the economy, yielding agricultural products, minerals and energy exports. Home to roughly 40% of the country’s 7m people, this region, PNG’s most densely populated, is comprised of the provinces of Simbu, Eastern...
After a wildly successful five-year run on the back of heavy investment that came with the global economic recovery, the real estate sector in Papua New Guinea is moving out of the fast lane. Growth in property values is slowing and demand is starting to cool. The unprecedented demand spike linked to ExxonMobil’s $19bn PNG liquid natural gas (...
The recent influx of people and investment into the National Capital District (NCD) has sent demand for housing through the roof, changing the area’s social and economic climate in ways that have severely tested the regulatory framework that currently governs the construction and real estate sector.
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