A country of extraordinary diversity, spread across some of the world’s most spectacular, and often inhospitable, terrain, Papua New Guinea today is a country once again at a crossroads. A major economic boom has been rapidly followed by a major downturn, and as a result the government has come under some pressure. Meanwhile, this young...
A signatory to a large number of free trade agreements, PNG is in the process of negotiating accession to others. However, it is perhaps not as well integrated with other Asia-Pacific economies as it might have hoped, and its existing trade deals do not seem to be doing much to strengthen the economy. Furthermore, there is growing concern...
The state has been modifying its legal framework to improve the investment environment in Papua New Guinea. The hope is that these changes will make economic activity more transparent and efficient, thereby helping PNG improve its position in the World Bank’s Doing Business rankings and attract more international participation in the economy....
The landscape for trade and investment in Papua New Guinea has undergone substantial changes in recent years. This shift has been driven to a large extent by the country’s large liquefied natural gas (LNG) project, PNG LNG. The development comprises gas production and processing facilities, with its initial phase carrying an estimated cost of...
Accounting for just over 3% of the territory of the UAE, Sharjah is one of the federation’s smaller entities, and yet one which has played an important cultural and economic role in the region. Home to three free zones, 16 museums and a number of annual festivals with a global reach, the emirate continues to punch above its weight in the...
After facing setbacks in 2015, Qatar’s multi-billion-dollar sovereign wealth fund, the Qatar Investment Authority (QIA), is implementing a new strategy aimed at diversifying its asset base and restructuring its internal operations, with an increased focus on investments in the US and Asia. As the state continues to grapple with volatile energy markets and the declining...
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