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Kulim’s half-billion kina bid for New Britain Palm Oil ‘positive’

25 Jun 2013 by
Market reaction to the proposed move to make New Britain Palm Oil Limited (NBPOL) a subsidiary of Malaysian company Kulim (Malaysia) Berhad has been generally positive, although one observer questions why PNG-based investors aren’t taking advantage of the fall in NBPOL’s share price.
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Employment agencies optimistic about job outlook in Papua New Guinea

30 Oct 2013 by Leave a Comment
Recruitment agencies servicing Papua New Guinea say the employment of expatriates has fallen over the past year. However, as our survey of the sector suggests, there is optimism about all employment in 2014, as new ventures come on stream to replace the giant PNG LNG project.
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Upturn forecast in Papua New Guinea domestic tourism

12 Jun 2013 by
The Australia/New Zealand representative for PNG’s Tourism Promotion Authority predicts strong growth in domestic tourism, anticipating a drop in travel costs and increased marketing of PNG’s natural scenic spots. Sonja Heydemann reports.
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PNGSDP prepares for life without Ok Tedi

11 Jun 2013 by 1 Comment
Papua New Guinea Sustainable Development Program Ltd appears to be resigned to losing its main asset, the Ok Tedi mine, to the PNG Government. What are the implications if the takeover goes ahead?
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