APNGBC BLOG : 31st May 2016

APNGBC Articles of Interest, May 2016

The following is a selection of articles from various sources relating to Papua New Guinea. Opinions and information expressed in these articles are the views of the author and do not necessarily reflect the views of the Business Council or its members.

— By APNGBC

The following is a selection of articles from various sources relating to Papua New Guinea. Opinions and information expressed in these articles are the views of the author and do not necessarily reflect the views of the Business Council or its members.

30th May – Moody’s recently downgraded its sovereign rating on Papua New Guinea to B2 from B1. But Christian de Guzman, a Senior Analyst in the Sovereign Risk Group for Moody’s Singapore tells Business Advantage PNG that the agency is ‘quite confident’ about the overall economy’s prospects over the medium-term.

25th May - O’Neill assures students 2016 Budget will be implemented, a new World Bank report predicts the region could welcome more than one million extra tourists by 2040, and Bougainville aims for mid-2019 independence vote. Business Advantage PNG delivers the latest business news from PNG

18th May - Pacific Island links – Lowy Interpreter - By Alastair Davis

  • Devpolicy ran an analysis of the Australian Senate inquiry into Australia’s bilateral aid program in Papua New Guinea, which can be found in full here.
  • The postponed Melanesian Spearhead Group Leaders Summit will take place in Papua New Guinea next month, not Vanuatu as was originally planned. Filling the vacant role of director general of the secretariat is likely to be addressed at the summit.
12th May - Pacific Island links – Lowy Interpreter - By Jonathan Pryke
  • The Ombudsman Commission has built on the students protests by also calling for leaders facing charges to step down. This was echoed in an editorial from the Post Courier, one of Papua New Guinea’s two leading newspapers, yesterday.
  • The PNG fraud squad has also been reopened after three weeks of closure, but with extra measures of oversight over which cases they can pursue.
  • Meanwhile, the Manus Island detention centre continues to make headlinesThere is still no timeline for closure of the facility after the Supreme Court decision

20th April - State, Society and Governance in Melanesia Program, ANU College of Asia & the Pacific release its latest discussion papers


4th April - PNG’s frightening Final Budget Outcome – Paul Flanagan

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