Latest news Archives - Page 35 of 142 - Business Advantage PNG

Bank of Papua New Guinea revises down growth expectations

12 Oct 2020 by David James Leave a Comment

In his latest Monetary Policy Statement, the Governor of the Bank of Papua New Guinea, Loi Bakani, forecasts GDP will decline by four per cent in 2020 but rebound slightly next year. He also expressed concerns about changes to the Central Banking Act.
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In brief: Business Council reminds Papua New Guinea government to pay K2.8 billion debt and other business stories

12 Oct 2020 by Business Advantage PNG Leave a Comment

Business Council reminds government of its K2.8 billion debt, Newcrest to be listed on Canada's stock exchange and Papua New Guineans open up about the Zhenhua data breach. The business news you need to kickstart your week
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Papua New Guinea businesses continue to struggle financially in COVID-19 crisis

7 Oct 2020 by David James Leave a Comment

The Business Council of Papua New Guinea’s second Market Conditions Survey has found almost eight out of ten respondents did not meet their projected revenue and profit results for the first half of 2020.
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The new, new normal: rules change and travel relaxes in the latest Papua New Guinea COVID update

7 Oct 2020 by Paul Chai 1 Comment

Controller David Manning has removed the capital’s curfew and travel restrictions are wound back. We examine the latest measures in Papua New Guinea’s fight against COVID-19.
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In brief: Papua New Guinea’s Prime Minister announces major cabinet reshuffle and other business stories

5 Oct 2020 by Business Advantage PNG 1 Comment

Marape shakes-up his cabinet, environmental studies to be conducted in four mine sites and the National Development Bank signs agreement to help fund SMEs. The business news you need to kickstart your week.
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The road ahead: Papua New Guinea’s GDP could rebound by 3.2 per cent next year says the World Bank

1 Oct 2020 by David James Leave a Comment

Two new World Bank reports outline the challenges facing Papua New Guinea in the wake of the COVID-19 economic shutdowns in the Asia-Pacific region.
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‘Economic lifelines’: Connect PNG outlines key road projects to help boost Papua New Guinea’s COVID recovery

30 Sep 2020 by Paul Chai 4 Comments

Connect PNG has a five-year plan to establish a single, unbroken highway network for Papua New Guinea. David Wereh, Secretary of the Department of Works and Implementation, takes Business Advantage PNG through the challenges.
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Commodities update: silver loses shine, cocoa melts but LNG prices rise

29 Sep 2020 by David James Leave a Comment

LNG prices surged, clawing back most of this year’s losses, but oil prices fell. Silver also lost some of its recent spectacular price gains. Business Advantage PNG’s monthly overview of commodity and financial markets.
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In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories

28 Sep 2020 by Business Advantage PNG Leave a Comment

Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville's new president. The business news you need to kickstart your week.
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‘SMEs are hurting’: ANZ’s Mark Baker on the bank’s post-COVID challenges in Papua New Guinea

28 Sep 2020 by David James 2 Comments

Renegotiating terms or refinancing are proving to be the best way to deal with the shock caused by COVID-19 according to Mark Baker, Managing Director of ANZ Bank Papua New Guinea. In an exclusive interview he tells Business Advantage PNG that improving confidence is the big challenge.
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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Bank of Papua New Guinea revises down growth expectations

In brief: Business Council reminds Papua New Guinea government to pay K2.8 billion debt and other business stories

Papua New Guinea businesses continue to struggle financially in COVID-19 crisis

The new, new normal: rules change and travel relaxes in the latest Papua New Guinea COVID update

In brief: Papua New Guinea’s Prime Minister announces major cabinet reshuffle and other business stories

The road ahead: Papua New Guinea’s GDP could rebound by 3.2 per cent next year says the World Bank

‘Economic lifelines’: Connect PNG outlines key road projects to help boost Papua New Guinea’s COVID recovery

Commodities update: silver loses shine, cocoa melts but LNG prices rise

In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories

‘SMEs are hurting’: ANZ’s Mark Baker on the bank’s post-COVID challenges in Papua New Guinea

Editor’s picks

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

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