Latest news Archives - Page 37 of 142 - Business Advantage PNG

Papua New Guinea introduces supplementary budget to address financial challenges

14 Sep 2020 by David James Leave a Comment

With Papua New Guinea's Mid-year Economic and Fiscal Outlook predicting government debt will rise to 55 per cent of GDP, its government has announced a supplementary budget to address numerous fiscal challenges. There are also moves for the central bank to print money to fund budget shortfalls.
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In brief: Kina Bank set to restock chests and other business stories

14 Sep 2020 by Business Advantage PNG Leave a Comment

Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.
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Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

9 Sep 2020 by David James 11 Comments

Papua New Guinea's Prime Minister, James Marape, has insisted that the country's proposed LNG projects, Papua LNG and P’nyang, will be dealt with as separate projects.
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‘PNG Now’: a new magazine for Papua New Guinea launches

9 Sep 2020 by Business Advantage PNG Leave a Comment

This week sees the launch of PNG Now, a bold new lifestyle magazine for Papua New Guinea.
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Bank South Pacific to launch new online payment system

7 Sep 2020 by Paul Chai 1 Comment

Bank South Pacific's new BSP Pay service is launched this month with a view to helping MSMEs reach its 1.8 million customers online.
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It’s time to devalue the kina, says Business Council

7 Sep 2020 by Business Advantage PNG 14 Comments

The Business Council of Papua New Guinea has present its latest macroeconomic outlook, which outlines the risks faced by PNG's economy and what business needs to recover from the COVID-19 downturn.
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In brief: ADB approves K87 million telecommunications investment in Papua New Guinea and other business stories

7 Sep 2020 by Business Advantage PNG Leave a Comment

The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.
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In brief: Ok Tedi to reopen in September and other business stories

31 Aug 2020 by Business Advantage PNG Leave a Comment

Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.
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Papua New Guinea Government moves to take over Porgera lease

31 Aug 2020 by Business Advantage PNG 6 Comments

Papua New Guinea's government has moved to effectively take over the Porgera gold mine in Enga Province by issuing a Special Mining Lease to state-owned mining company, Kumul Minerals Holdings. Legal challenges look likely.
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LNG prices bounce back

31 Aug 2020 by David James Leave a Comment

LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.
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Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

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

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

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

Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]

“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]
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 introduces supplementary budget to address financial challenges

In brief: Kina Bank set to restock chests and other business stories

Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

‘PNG Now’: a new magazine for Papua New Guinea launches

Bank South Pacific to launch new online payment system

It’s time to devalue the kina, says Business Council

In brief: ADB approves K87 million telecommunications investment in Papua New Guinea and other business stories

In brief: Ok Tedi to reopen in September and other business stories

Papua New Guinea Government moves to take over Porgera lease

LNG prices bounce back

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

Kina exchange rate

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