Port Moresby has benefitted from accelerated infrastructure development in recent years, spurred on by Papua New Guinea’s chairmanship of APEC in 2018. Although there was some domestic criticism related to spending large sums of public money on hosting world leaders in a moment of elevated national debt, 76% of CEOs expect the long-term economic impact of APEC 2018 to be...
Articles & Analysis | Papua New Guinea's CEOs on the country's economic outlook from The Report: Papua New Guinea 2019
Interviews & Viewpoints | Clarence Hoot, Managing Director, Investment Promotion Authority (IPA): Interview from The Report: Papua New Guinea 2019
What steps are needed to make Papua New Guinea an attractive destination for investment?
Articles & Analysis | The countries of Asia Pacific prepare to handle the effects of climate change from The Report: Papua New Guinea 2019
Recent years have seen the issue of climate change and its potential ecological and economic effects move more clearly into the spotlight. It is now widely accepted that the planet cannot sustain current high-carbon industrial and consumer behaviours. With scientific knowledge on the subject now better informed and more reliable, economic models used to forecast the fiscal...
Articles & Analysis | Diverse natural resources place Papua New Guinea on firm footing from The Report: Papua New Guinea 2019
Papua New Guinea is a vast archipelago, of which the main island – shared with Indonesia – forms the largest tropical island on Earth. Known for its unique flora and fauna, the country is famous for its environmental variety. However, with more than 850 languages spoken within its borders, it is also considered one of the most culturally diverse nations in the world. While it...
Articles & Analysis | Papua New Guinea's new government aims to maintain investor confidence and growth from The Report: Papua New Guinea 2019
The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project have led to some criticism of the national administration; thus, the future for Papua New Guinea must be navigated with care. Peter O’Neill, who secured a fourth term as prime minister in the mid-2017 elections, faced the threat of a vote of no confidence in mid-2019....