Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.
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‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange
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Santos is listing on Papua New Guinea’s stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange’s largest listing, providing PNG’s capital markets with a timely boost.
Papua New Guinea’s plan to balance the budget [analysis]
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Papua New Guinea’s 2022 National Budget focuses on health, growth and reducing its deficit by 2027, but can this be achieved? Economists Stephen Howes and Kelly Samof consider the evidence.
In brief: Papua New Guinea signs agreements to build refinery and mint facility and other business stories
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A project to build a refinery and mint facility in Port Moresby could put Papua New Guinea in the ‘world gold map’, Bougainville to receive K50 million electricity support package, and new agribusiness development in Western Province. The business news you need today.
Papua New Guinea’s economy to return to pre-COVID levels in 2022 , says World Bank
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Papua New Guinea’s economic performance is projected to remain subdued for the rest of 2021 but rebound in 2022, according to the World Bank’s latest East Asia and Pacific Economic Update.
In brief: Papua New Guinea businesses owed two billion kina in GST refunds and other business stories
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Business owed K2 billion in GST refunds, Internal Revenue Commission to launch online tax payments and new Twinza Oil chairman to travel to Papua New Guinea. Your digest of the latest business news.
Fabrication of Papua New Guinea’s new gas projects could be done in-country
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A new fabrication facility being planned to support the next wave of gas projects in Papua New Guinea could create as many as 15,000 jobs and enable Papua New Guinea to compete for regional work, according to Wapu Sonk, Managing Director of Kumul Petroleum.
In brief: Papua New Guinea’s Prime Minister says P’nyang project could be a ‘win-win’ and other business stories
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Prime Minister James Marape to visit ExxonMobil’s headquarters, Telikom/bmobile merger to be finalised this month, and delays in Porgera’s reopening. The business news you need today.
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