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Customary Land Grab: Setting the Record Straight

Dec. 12, 2017, 3:48 a.m.

photo credit: pngnri.org Just recently, University of Sydney’s Senior Lecturer in Political Economy Dr. Tim Anderson gave his presentation on the “Framework for Assessing Compensat...
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Putting Value Into Land

Dec. 12, 2017, 3:48 a.m.

photo credit: visiteasttimor.com Land cannot be considered a commodity in Papua New Guinea. It cannot be priced because of several factors such as ecological, cultural, and social duplication....
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BSP Reduces Home Loan Interest Rates

Dec. 12, 2017, 3:48 a.m.

Port Moresby, 31st May, 2017 | Bank South Pacific (BSP) has reduced its standard Housing Loan Rates by 1% from 8.45% pa to 7.45% pa. The interest rate for the Housing Loan products will be e...
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Raising the Bar on Construction

Dec. 12, 2017, 3:48 a.m.

There is a desire when constructing infrastructure in Papua New Guinea to have it be within reasonable costs, together with topnotch materials and output that will last for years. But this has no...
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Green or Gold: Painting the Future of Ela Beach

Dec. 12, 2017, 3:48 a.m.

Ela Beach is Port Moresby’s primary public beach. It houses the country’s whitest sands, beautiful waters, and a range of various recreational facilities like beach volleyball and bas...
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Infrastructure Opportunities Amidst Calamities

Dec. 12, 2017, 3:48 a.m.

A portion of Papua New Guinea’s population is now trying to recover after extreme floods recently devastated their properties. Homes were submerged alongside gardens, crops, and even livestoc...
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Incorporated Land Group: Minding Misconceptions

Dec. 12, 2017, 3:48 a.m.

Customary landowners may be perplexed and intimidated with the system of registering their land as Incorporated Land Groups through the Voluntary Customary Land Registration. These might be due to ...
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New Housing Benefit Tax: Clearing the Air

Dec. 12, 2017, 3:48 a.m.

Eyebrows were raised after the announcement of a change in housing benefits for 2017. But the government was quick to come to its defense and explain that the uproar is nothing but a product of a m...
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PNG Real Estate and its Current State

Dec. 12, 2017, 3:48 a.m.

One of the components to the growth of Papua New Guinea are the project pipeline and the attractive investment opportunities for investors in the PNG real estate sector. This is according to the Ox...
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First Home Ownership Scheme: A Catalyst for Growth

Dec. 12, 2017, 3:48 a.m.

Real estate has been one of the main focuses of the Papua New Guinean government, both to offset homelessness brought about by poverty and to improve the economic growth. Many projects have been do...
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