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Economic Update | Papua New Guinea boosts power supply

18 Mar 2015
PNG electricity
Public and private sector efforts are under way to increase Port Moresby’s electricity supply ahead of the Pacific Games in July, as the Papua New Guinea government tries to allay fears that the...

Economic Update | Strong potential in Papua New Guinea’s insurance market

13 Feb 2015
PNG ins
A projected rise in home ownership, along with increasing demand for private health coverage are among the forces expected to drive growth in Papua New Guinea’s insurance sector. However, competitive...

Economic Update | Papua New Guinea Year in Review 2014

22 Jan 2015
PNG
A surge in gas exports will set Papua New Guinea on course for an economic boom in 2015 with some estimates putting GDP growth at a stellar 21%. However, tumbling oil prices are likely to take some...

Economic Update | Papua New Guinea steps on the gas

10 Dec 2014
PNG econ
A surge in liquefied natural gas (LNG) exports is expected to nearly treble the pace of economic growth in Papua New Guinea in 2015 putting the South Pacific island nation at the top of the league of...

Economic Update | Papua New Guinea to tighten net on illegal fishing

1 Oct 2014
Efforts are being stepped up to ensure the sustainability of Papua New Guinea’s (PNG) fisheries industry as illegal fishing threatens its long-term future. At the same time, the country is seeking to...

Economic Update | Papua New Guinea hopes for connectivity boost

25 Jul 2014
The information and communications technology (ICT) sector in Papua New Guinea (PNG) is fast expanding, with new funding paving the way for industry players to meet rising demand from businesses...