• Retail

    Western-style shopping malls are increasingly popular in emerging markets. OBG’s retail sector analysis looks at local demand, shopping habits, opportunities for development in smaller cities, consumer spending power and brand awareness.
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How do you view the growth prospects of Papua New Guinea’s retail industry in 2018?

Chapter | Industry & Retail from The Report: Papua New Guinea 2018

Industry has emerged as one of the bright spots in Papua New Guinea’s economy in recent years, providing a buffer against downturns in the commodity cycle. As natural gas prices fell and related businesses struggled, manufacturing held its own. The weak currency and the lack of foreign exchange that accompanied the downturn may have actually helped matters, as trouble sourcing dollars encouraged...

Although Papua New Guinea’s macroeconomic slowdown, challenging business climate and falling global commodity prices have weighed on trade and investment in recent years, the country continues to offer high-potential opportunities to investors.

In the mid-20th century, Argentina was a tantalising draw for investors and talent fleeing post-war Europe. However, questionable financial management in the 1990s led to excessive volumes of debt, hyperinflation and an unprecedented currency crisis. But in only two decades, Argentina has returned as a new focus of investors and companies. The newly elected government is working to recover the interest of American and European companies.

 

After several years of decline, industrial exports grew by 10.3% in 2017 to reach $4.8bn. This was due to a 4.3% increase in the shipment of chemicals, which hit over $1.4bn, and a 16.8% rise in iron and steel to total $1.2bn. These encouraging figures continued through to 2018. The Association of Exporters (ADEX) reported that industrial...

 

How did Peru achieve the highest growth in the global retail industry for 2017, and what challenges might result in the short to medium term?

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