Latest news Archives - Page 6 of 142 - Business Advantage PNG

Visiting Papua New Guinea regularly for business just got easier and cheaper

6 Jun 2023 by Mark Story Leave a Comment

Changes to the way visas and work permits are managed by PNG's Immigration and Citizenship Authority are expected to accelerate processing times and reduce costs associated with travelling to PNG.
Read More

In brief: Papua LNG spending to help revive forex market and other business stories

5 Jun 2023 by Business Advantage PNG Leave a Comment

Papua LNG spending to help restore Papua New Guinea's foreign exchange market, Bank of China opens representative office in Port Moresby and New Porgera clarifies future payments to Barrick.
Read More

In brief: the Prime Minister of India visits Papua New Guinea and other business stories

24 May 2023 by Business Advantage PNG Leave a Comment

Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.
Read More

Mega miner: Newcrest Mining finally agrees to tie the knot with Newmont

24 May 2023 by Mark Story 1 Comment

There’s every likelihood that a takeover of Newcrest Mining by Newmont Corporation will be completed by the end of this year. But how will this affect Newcrest’s Papua New Guinea-based assets – the Lihir gold mine and the Wafi-Golpu project?
Read More

New forex strategy promises gradual return to a floating currency in Papua New Guinea: IMF

9 May 2023 by Mark Story Leave a Comment

The recent decision by the International Monetary Fund (IMF) to approve US$918 million (K3.2 billion) in new funding to Papua New Guinea is helping to fast-track a solution to the country’s chronic foreign exchange shortages. Business Advantage PNG spoke with Sohrab Rafiq, the IMF’s new PNG representative, to learn more.
Read More

advertisment...

In brief: Special Economic Zone Summit gathers expertise and other business stories

8 May 2023 by Business Advantage PNG Leave a Comment

Results of Special Economic Zone (SEZ) Summit expected to help Papua New Guinea develop a new SEZ roadmap, Australia and New Zealand pledge their support to World Bank programs in the Pacific, and Bougainville Copper declares losses for 2022.
Read More

In brief: Mining lease transferred to New Porgera and other business stories

27 Apr 2023 by Business Advantage PNG Leave a Comment

Barrick Niugini and Kumul Mineral Holdings transfer Porgera special mining lease to New Porgera, Nadzab Airport expected to be completed by August and Geopacific Resources completes capital raising. Your business news in brief.
Read More

Latest agreement puts Wafi-Golpu copper/gold project back on track

19 Apr 2023 by Mark Story 5 Comments

A landmark memorandum of understanding between the PNG government and the Wafi-Golpu Joint Venture participants, Newcrest Mining and Harmony Gold, marks the key step towards the granting of a special mining lease for the Wafi-Golpu copper-gold mine, the application for which was first lodged back in August 2016.
Read More

In brief: Outstanding foreign exchange orders almost K1.5 billion says Central Bank and other business stories

19 Apr 2023 by Business Advantage PNG Leave a Comment

Outstanding foreign exchange orders almost K1.5 billion according to Bank of PNG, Newmont makes offer for Newcrest Mining, and progress on Porgera gold mine. Your business news digest.
Read More

In brief: Papua New Guinea’s Ramu 2 project on track and other business stories

27 Mar 2023 by Business Advantage PNG Leave a Comment

The Ramu 2 hydro power station looks to be on track, Mining Minister says there is interest again in Solwara 1 deep sea mining project and the IMF makes sizeable contribution to Papua New Guinea’s economy. Your business news today. Government The International Monetary Fund (IMF) has agreed to provide a 38-month US$918 million (K3.23 […]
Read More

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 […]

Visiting Papua New Guinea regularly for business just got easier and cheaper

In brief: Papua LNG spending to help revive forex market and other business stories

In brief: the Prime Minister of India visits Papua New Guinea and other business stories

Mega miner: Newcrest Mining finally agrees to tie the knot with Newmont

New forex strategy promises gradual return to a floating currency in Papua New Guinea: IMF

In brief: Special Economic Zone Summit gathers expertise and other business stories

In brief: Mining lease transferred to New Porgera and other business stories

Latest agreement puts Wafi-Golpu copper/gold project back on track

In brief: Outstanding foreign exchange orders almost K1.5 billion says Central Bank and other business stories

In brief: Papua New Guinea’s Ramu 2 project on track and other business stories

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

From the Business Advantage blog

Recent readers’ comments

Sign In

Subscribe

Register to receive our free PNG Business Update emails

Editor’s picks

Kina exchange rate

Recent readers’ comments