Waiting for the announcement of Papua New Guinea’s next resource project is taking a toll on the economy. The President of the Port Moresby Chamber of Commerce and Industry, Rio Fiocco, shares with Business Advantange PNG what this means for businesses of every size.
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Papua New Guinea’s economy needs progress on resources projects [opinion]
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14 Jan 2020 by 1 Comment
How Papua New Guinea’s central bank plans to sell government debt
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13 Jan 2020 by Leave a Comment
The Bank of Papua New Guinea is looking to sell government debt to international and local investors. Its Governor, Loi Bakani, outlines the challenges to Business Advantage PNG and their connection to PNG’s ongoing foreign exchange shortages.
The LNG window is closing, warns Oil Search CEO
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11 Dec 2019 by 2 Comments
As Papua New Guinea awaits the outcome of ongoing negotiations over the P’nyang gas field, Peter Botten, CEO of PNG’s largest company, Oil Search, has hinted that time may be running out to reach an agreement.
2019: the year in review for Papua New Guinea business
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11 Dec 2019 by Leave a Comment
A change of government, two budgets, new infrastructure, stalled resources projects – these are just some of the features of the year in business in Papua New Guinea. Here’s how Business Advantage PNG reported on 2019.
Boardroom briefing: who’s about to leave your business, new competition for LNG and social media in PNG
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11 Dec 2019 by 1 Comment
How to tell when your star employees are about to quit, PNG gets competition from China and Russia, and what 549,000 Papua New Guineans did last month. Readings from around the world on business, leadership and management.
Technology the key to Papua New Guinea ports’ improved efficiency
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9 Dec 2019 by Leave a Comment
Papua New Guinea’s major ports of Port Moresby and Lae have achieved significant efficiencies. In this exclusive interview with Business Advantage PNG, ICTSI Chief Executive Officer Anil Singh outlines the opportunities to grow both ports.
2020 Budget aims to boost Papua New Guinea’s infrastructure and SMEs
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29 Nov 2019 by Leave a Comment
The Papua New Guinea Government has tabled its 2020 Budget, forecasting a big deficit designed to stimulate growth in the non-resources sector of the economy.
Oil strong, LNG falls but palm oil jumps sharply [commodities]
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27 Nov 2019 by Leave a Comment
Oil and palm oil prices have strengthened but LNG continues to fall. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Gas and petroleum in Papua New Guinea: a sector profile
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25 Nov 2019 by Leave a Comment
A profile of the gas and petroleum sector in Papua New Guinea, including information on licensing and taxation, key players and major projects.
The clock is ticking on P’nyang negotiations in Papua New Guinea [Opinion]
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25 Nov 2019 by 4 Comments
As negotiations between Papua New Guinea’s State Negotiating Team and the developers of the P’nyang gas project draw to a head this week, the Institute of National Affairs’ Paul Barker reflects on the challenge of reaching an agreement that ensures the country’s gas resources deliver tangible benefits.
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