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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.

In brief: Tuna fishing rebate changes favour on-shore processors, and other business stories

16 Jan 2018 by Leave a Comment
New fishing rebate scheme favours on-shore processors, coffee producer says poor roads in Western Highlands devalues coffee, and Lae laments loss of Alan McLay. Your weekly digest of the latest business news. Trade Minister, Wera Mori, says a threat by foreign fishing firms to close their processing facilities, after the government ended the rebate on […]
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In brief: Details of US$500m Credit Suisse loan to Papua New Guinea revealed, and other business stories

12 Dec 2017 by Leave a Comment
Treasury Minister outlines details of US$500 million loan deal, World Bank commends 2018 Budget, crucial meeting over the future of BCL's exploration licence. Your weekly digest of the latest business news.  
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In brief: Broadening of Papua New Guinea tax base predicted, and other business stories

6 Dec 2017 by Leave a Comment
Future Budgets expected to see significant tax changes, Sovereign Wealth Fund to be finalised in 2018, and PNG Air enters freight market. Your weekly digest of the latest business news.
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In brief: Papua New Guinea signs up to China’s ‘One Belt, One Road’ initiative, and other business stories

21 Nov 2017 by 1 Comment
China deal to benefit Highlands provinces, call for restructure of agriculture department and quarantine authority, and Pacific Assurance Group goes into liquidation. Your weekly digest of the latest business news.
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In brief: Australia aims to build undersea cables to Papua New Guinea and Solomon Islands, and other business stories

15 Nov 2017 by Leave a Comment
Australia undermines Chinese bid to build undersea cables, gas-fired power project approved by NEC, and Frieda River gold project to start in 2019. Your weekly digest of the latest business news.
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In brief: Design of floating LNG plan underway, and other business stories

8 Nov 2017 by Leave a Comment
Kumul Petroleum signs MOU for design of floating LNG plant,  K64 million tourism support for Milne Bay and ENB provinces, and BSP reports K185 million Q3 profit. Your weekly digest of the latest business news.
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In brief: O’Neill says 2018 Budget will encourage businesses and create jobs, and other business stories

31 Oct 2017 by Leave a Comment
Prime Minister O'Neill says 2018 will encourage business development and create jobs, IFC identifies niche markets for tourism growth, and Aropa Airport edges towards night flights. Your weekly digest of the latest business news. 
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In brief: Kagamuga Airport upgrade to allow jet landings, and other business stories

25 Oct 2017 by Leave a Comment
Airport upgrade to see night flights and early landings at Western Highlands airport, call to properly fund the fight against coffee berry borer, and Tkatchenko moves on illegally approved land sales. Your weekly digest of the latest business news.
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In brief: Leading banker calls for more foreign exchange injection, and other business stories

18 Oct 2017 by 1 Comment
BSP wants another US$100-200m foreign exchange injection, Air Niugini expects local business benefits from Rugby League games, and gold refinery to expand. Your weekly digest of the latest business news.
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