Latest news Archives - Page 43 of 142 - Business Advantage PNG

‘Nationalisation without due process’? Barrick Gold to take on Papua New Guinea government over Porgera decision

27 Apr 2020 by David James 7 Comments

The Papua New Guinea Government has announced that it will not renew the existing Special Mining Lease at the Porgera gold mine, which is operated by Barrick Gold. Barrick is set to challenge the decision.
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In brief: lease extension for Papua New Guinea’s Porgera mine refused and other business stories

26 Apr 2020 by Business Advantage PNG Leave a Comment

Papua New Guinea to take over Porgera Mine, Mining Minister is looking to restart Wafi-Golpu discussions and Shadow Treasurer urges the introduction of a supplementary budget. The business news you need to kickstart you week.
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Exclusive: Central Bank Governor on forex, COVID-19 and the future of the kina

21 Apr 2020 by Business Advantage PNG 6 Comments

Central Bank Governor, Loi Bakani, says Papua New Guinea is facing economic and financial challenges due to the outbreak of COVID-19. He speaks exclusively to Business Advantage PNG about how the Bank of PNG is responding.
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‘On their knees’: Papua New Guinea SMEs closing daily under lockdown

20 Apr 2020 by Paul Chai Leave a Comment

The presidents of Papua New Guinea's two largest business chambers, in Port Moresby and Lae, outline the difficulty for business of life under lockdown, but also point to how PNG's economy can bounce back from the current crisis.
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Debt crisis looming: reports say Papua New Guinea needs new investment

20 Apr 2020 by David James 1 Comment

Papua New Guinea is facing a debt crisis according to new reports from the Asian Development Bank and the World Bank, and the country will need the cash injection of new major investments to avoid 'lacklustre' future growth.
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In brief: Papua New Guinea to receive K4.2 million from the US and other business stories

20 Apr 2020 by Business Advantage PNG Leave a Comment

The United States commits K4.2 million in the fight against COVID-19 in Papua New Guinea, Monoyal project gets positive drilling results and PNG confirms five new cases of COVID-19. The business news you need to kickstart your week.
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In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories

15 Apr 2020 by Business Advantage PNG Leave a Comment

World Bank commits K70 million to help Papua New Guinea in its fight against COVID-19, the Minister for Petroleum gives an update on resource projects and Oil Search successfully completes its equity raise. The business news you need to know to kickstart you week.
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Rooms vacant: Papua New Guinea hotels feel the pinch

15 Apr 2020 by Robert Upe Leave a Comment

Two Papua New Guinea hotels have shut their doors temporarily because of the COVID-19 state of emergency and others have put in place tough measures to guarantee their survival.
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Oil Search capital raising: is stake in PNG LNG project up for sale?

8 Apr 2020 by David James 6 Comments

Papua New Guinea's largest company, Oil Search, is proposing to raise US$700 million (K2.4 billion) to strengthen its balance sheet in response to declining oil prices. The company’s stake in the PNG LNG project may also eventually be on the table.
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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 […]

‘Nationalisation without due process’? Barrick Gold to take on Papua New Guinea government over Porgera decision

In brief: lease extension for Papua New Guinea’s Porgera mine refused and other business stories

Exclusive: Central Bank Governor on forex, COVID-19 and the future of the kina

‘On their knees’: Papua New Guinea SMEs closing daily under lockdown

Debt crisis looming: reports say Papua New Guinea needs new investment

In brief: Papua New Guinea to receive K4.2 million from the US and other business stories

In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories

Rooms vacant: Papua New Guinea hotels feel the pinch

Oil Search capital raising: is stake in PNG LNG project up for sale?

East New Britain locked down: business braces for three-week closure

Editor’s picks

Economic update: Papua New Guinea’s decade of growth begins

Restaurant review: Lucky Lucky, Port Moresby

Papua New Guinea’s banks embrace a digital future

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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