Papua New Guinea has a new Prime Minister, James Marape, but the ruling People’s National Congress-led Government appears to have survived.
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Papua New Guinea’s Parliament elects James Marape as new Prime Minister
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30 May 2019 by 11 Comments
Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll
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29 May 2019 by Leave a Comment
As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
How to deal with resource sector volatility in Papua New Guinea
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27 May 2019 by Leave a Comment
The World Bank has released a new report, which provides a bullish assessment on economic growth in Papua New Guinea. But it says the country’s dependence on natural resources is not generating sufficient jobs to absorb its growing population.
In Brief: Santos announces plan to buy into P’nyang natural field gas in Papua New Guinea and other business stories
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20 May 2019 by 1 Comment
Santos to become an stakeholder in the P’nyang natural gas field project, an agreement between five telecom companies seeks to advance digitisation in Papua New Guinea, and upgrades to the Muliama–to–Bakok road due to commence soon. Your weekly digest of business news.
Papua New Guinea’s manufacturing sector on the rebound
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17 May 2019 by Leave a Comment
Things are looking up for Papua New Guinea’s manufacturing sector and moves are afoot to develop strategies to foster local companies. David James profiles the sector.
Conditions tough in Papua New Guinea’s construction industry but hopes are rising
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15 May 2019 by Leave a Comment
Papua New Guinea’s construction industry continues to face challenges, says Frank McQuoid, Chairman of manufacturer Steel Industries. But others say it is on the edge of a boom that will extend beyond the resource sector. David James examines both sides of the story.
Getting Papua New Guinea’s future resources projects funded
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6 May 2019 by Leave a Comment
US–China rivalry is likely to have a major impact on how future resources projects are funded, according to the ANZ’s Jonathan Bloch. He outlines some of the steps Papua New Guinea’s government can take to make such projects ready for investment.
Kumul Petroleum’s ambitious plans to boost electrification in Papua New Guinea
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29 Apr 2019 by Leave a Comment
Papua New Guinea’s national oil and gas company plan to increase household electrification and encourage growth in remote locations. Its Managing Director, Wapu Sonk, has revealed the company plans to diversify and focus on more downstream activities in order to maintain revenues.
Both oil and gas prices strengthen: a monthly review of Papua New Guinea’s commodities and financial markets
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29 Apr 2019 by Leave a Comment
Oil continues to surge and gas prices show signs of recovery Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
In Brief: Papua New Guinea’s Prime Minister visit to China and other business stories
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28 Apr 2019 by Leave a Comment
Primer Minister Peter O’Neill travelled to China to attend a business forum, five Members of Parliament resigned and Oil Search outlined the terms of agreement of Papua LNG. Your weekly digest of business news.
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