Papua New Guinea and Australia sign economic partnership agreement, seafood venture for New Ireland, and K200 million for SMEs still on its way. The business news you need to kickstart your week.
In brief
The week’s business news in summary. In Brief is sourced from a variety of Papua New Guinea and international media outlets as a service to our readers. Business Advantage PNG makes no claim for the veracity of third party sources.
Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.
Oil Search to undergo a strategic review, Newcrest remains positive about Wafi-Golpu and public consultation on internet pricing. The news you need to kickstart your week.
Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.
NBPOL claims tariffs, fees and levies are hurting agriculture, SMEs to benefit from government’s stimulus and government owes over K1 billion to businesses. The business news you need to kickstart your week.
Oil Search shrinks its employee base, Coca-Cola Amatil PNG invests K155 million in infrastructure upgrades and bmobile and Telikom’s merger expected later this year. The news you need to kickstart your week.
Papua New Guinea’s Prime Minister travels to Lae for Wafi-Golpu project, the Minister says PNG is open to welcoming new ICT operators, and confirmed COVID-19 cases increase as PNG adapts to the Niupela Pasin or ‘new normal’. The business news you need to kick start your week.
Papua New Guinea can now export seafood directly to mainland China, the World Bank projects GDP growth in South East Asia and the Pacific region to fall to 0.5 per cent and an agriculture project is set to transform Eastern Highlands province. The news you need to kickstart your week.
An investigation has cleared Horizon Oil of any wrongdoings in Papua New Guinea, PNG amends Oil and Gas Act and NASFUND revamps its image. The business news you need to kickstart your week.
Oil Search back trading on PNGX, new wholesale internet prices coming and ambitions plans for PNG’s cocoa industry. Your latest summary of the business news you need to know.