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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: Agriculture Minister says Papua New Guinea must reinvest in sector, and other business stories

17 Feb 2016 by Leave a Comment
Agriculture Minister says annual investment in agriculture is just K150 million a year, call for mining sector style tax incentives for agriculture, and Leaders' summit critically important, says O'Neill. Your weekly digest of the latest business news.
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In brief: Papua New Guinea preparing to refinance Oil Search share loan, and other business stories

10 Feb 2016 by Leave a Comment
Banks vie to renew government's loan for shares in Oil Search, structural faults in Phase One of new Lae port, OK Tedi to resume operations next month. Your weekly roundup of the latest business news.
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In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories

3 Feb 2016 by
Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.
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In brief: Papua New Guinea government suspends vegetable import ban, and other business stories

27 Jan 2016 by
Ban imported vegetables suspended for three months, Mainland CEO calls for tougher bio security measures, and Oil Search confident, despite low oil prices. Your weekly digest of the latest business news.
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In brief: Ok Tedi mine may resume operations in March, and other business stories

20 Jan 2016 by
The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.
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In brief: O’Neill says Papua New Guinea government has no interest in owning Panguna mine, and other business stories

13 Jan 2016 by Leave a Comment
O'Neill not interested in buying Rio Tinto's 53% of Bougainville Copper Limited, central bank governor warns government to restrain spending, and kina falls against most currencies in September quarter. Your weekly digest of the latest business news.
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In brief: Oil Search fends off takeover offer after Woodside shelves bid, and other business stories

9 Dec 2015 by Leave a Comment
Woodside drops takeover bid for Oil Search, coffee pulper machine installed for smallholders in Jiwaka Province, and market conditions force Hides Gas Development Company to cut workforce. Your weekly digest of the latest business news.
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In brief: BSP to finance PNG Ports’ new facilities at Motukea Island, and other business stories

2 Dec 2015 by Leave a Comment
PNG Ports secures 'landmark transaction' with BSP for Motukea Island facilities, impact of kina's exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.
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In brief: Mining resumes at the Porgera gold mine following partial closure, and other business stories

25 Nov 2015 by Leave a Comment
Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates 'fairness' of Oil Search takeover offer. Your weekly digest of the latest business news.
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In brief: Papua New Guinea to issue visas on arrival from next year for Australian tourists, but not business people, and other business stories

19 Nov 2015 by Leave a Comment
Visas on arrival to be available for Australian tourists, Morobe Governor to suspend trading licences for shops using street vendors, and corruption cases net K25 million for government coffers. Your weekly digest of the latest business news.
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