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Do not show me this message againTough market conditions have led to a sudden shake-up in South Pacific shipping, with Auckland-based Reef Shipping going bankrupt and being acquired by Hawaii-based Matson. Meanwhile, the loss-making (and ship-less) Pacific Forum Line— established in 1976 by the governments of 12 Pacific Island nations—has become wholly-owned by the Government of Samoa.
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]
In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]
This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]
Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as of 30 December 2024
USD 0.2501
AUD 0.4027
GBP 0.1998
EUR 0.2403
NZD 0.4449
JPY 39.44
SGD 0.3401Source: Bank of PNG
From the Business Advantage blog
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