Credit Corporation (PNG) announces resignation of Board Director, Laga Industries welcomes new National Sales Manager.
Read More
People moves: Credit Corporation, Laga Industries
17 Mar 2021 by Leave a Comment
News
In brief: Bank South Pacific signals intention to list on ASX and other business stories
15 Mar 2021 by Leave a Comment
Bank South Pacific signals intention to achieve dual listing, National Fisheries Authority gets ready to launch its 10-year plan and Papua New Guinea says farewell to its founding father.
Read More
Read More
The P’nyang effect: Fitch downgrades Papua New Guinea’s LNG export projections
15 Mar 2021 by 2 Comments
The delaying of negotiations over ExxonMobil’s proposed plan to develop the P’nyang gas field has led analyst Fitch Solutions to downgrade Papua New Guinea’s LNG export projections.
Read More
Read More
‘There could not be a better time’ for Papua New Guinea’s new foreign investment laws
15 Mar 2021 by Leave a Comment
Now is the time to focus on restarting foreign investment in Papua New Guinea, says Clarence Hoot, Managing Director of the country’s Investment Promotion Authority. He tells Business Advantage PNG the IPA’s priorities for the year ahead, which include getting new foreign investment laws through Parliament.
Read More
Read More
We need more competition, says Bank South Pacific CEO
11 Mar 2021 by Leave a Comment
Bank South Pacific has just announced its 2020 financial results amid tough trading conditions. CEO Robin Fleming talks to us about the bank’s plans for 2021, foreign exchange shortages, and the need for greater competition.
Read More
Read More
Papua New Guinea is getting COVID-19 vaccine ready
10 Mar 2021 by Leave a Comment
The recent spike in COVID-19 cases in Papua New Guinea has emphasized the need for COVID-19 vaccines in the country – and the first shipment of AstraZeneca (Oxford) vaccines is expected as early as this month.
Read More
Read More
In brief: Ok Tedi Mining suspends flights to Australia and other business stories
10 Mar 2021 by Leave a Comment
Ok Tedi Mining suspends flight to Australia after three miners tested positive to COVID-19, Papua New Guinea continues to battle surge in COVID cases and National Fisheries Authority signs agreement for Daru fishery.
Read More
Read More
People moves: Nambawan Super
10 Mar 2021 by Leave a Comment
Former Pacific Island Forum Secretary General joins Nambawan Board.
Read More
Read More
Shifting through the low gears
5 Mar 2021 by Leave a Comment
Given the delicate state of Papua New Guinea's economy, as indicated by recent World Bank and Asian Development Bank forecasts, the news last month that the final legislative hurdle for the Papua LNG project had been delivered is welcome.
Read More
Read More
Papua New Guinea falls in mining investment rankings
5 Mar 2021 by 1 Comment
Papua New Guinea is ranked as the tenth worst destination for investment in mining, according to the Fraser Institute’s Survey of Mining Companies 2020. Infrastructure and security were nominated as areas of particular concern.
Read More
Read More
USD 0.2591
AUD 0.3868
GBP 0.2005
EUR 0.238
NZD 0.4298
JPY 40.89
SGD 0.3485
Recent readers’ comments