News

Papua New Guinea’s stock exchange looks to blockchain

The prospect of instantaneous settlements on Papua New Guinea's stock exchange, PNGX, has moved a little closer with a new agreement to explore blockchain technology to support its trading system. PNGX Chairman David Lawrence tells Business Advantage PNG the technology could 'turbocharge' PNG's capital markets.
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In brief: new billion kina electricity project in Papua New Guinea and other business news

The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
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Papua New Guinea’s other gas project: Arran Energy’s Stanley

While the Papua LNG and P'nyang projects are the main game in Papua New Guinea's gas sector, Arran Energy's smaller Stanley gas project in Western Province looks set to beat both into production. Business Advantage PNG talks to Executive Chairman Michael McGowan to find out more.
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In brief: China to support Papua New Guinea’s Ihu Special Economic Zone and other business news

China reaffirms its commitment to supporting the development of the Ihu Special Economic Zone, Vanimo Airport officially reopens, and Ok Tedi Mining to open a museum to highlight its history and legacy. The business news you need this week.
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