Barrick says ‘all we need is for a shareholders agreement’ to restart Porgera, Air Niugini outperforms Australian airlines, and Harmony Gold indicates Wafi-Golpu’s negotiations continue to progress. The business news you need.
Search Results for: Papua LNG
Papua New Guinea’s other gas project: Arran Energy’s Stanley
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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.
Papua New Guinea and Pacific business looks to turn the corner, post-COVID-19
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Two new reports indicate business in Papua New Guinea and Pacific is proving resilient as the region looks to move on from the COVID-19 pandemic. A new economic report from ANZ paints a bullish picture of the future, while Pacific SMEs are predicting increased revenues.
Latest Central Bank figures indicate Papua New Guinea’s economy is rebounding
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Recently released data from Papua New Guinea’s central bank indicates the country’s economy bounced back significantly in the September 2021 quarter on the back of a massive increase in export receipts due to higher commodity prices. While private sector employment and sales also rose, the bank warns inflation is also on the march.
‘Exponential growth’ for Papua New Guinea’s construction sector, says Monier’s CEO
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Papua New Guinea’s construction sector is on the move thanks to major new public investment in infrastructure, according to George Constantinou, head of Monier Limited and Hebou Construction at the Constantinou Group of Companies.
In brief: World Bank report says GDP in Papua New Guinea is expected to grow and other business stories
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The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.
Rising oil price to impact Papua New Guinea, says Puma Energy Country Head
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The rising oil price will have a significant impact on Papua New Guinea this year, according to the Country Manager and Director for Puma Energy, Hulala Tokome.
In brief: new rules for international travellers visiting Papua New Guinea and other business stories
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Vaccination requirements and 60-day approvals for international travellers, PNG DataCo gets over K60 million worth of Telikom assets and Santos strikes deal with newly minted joint venture. The business news you need today.
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