The fate of some major projects will be critical for the future of the Papua New Guinea economy over the next decade. In the second of a two-part series, Andrew Wilkins discusses the implications.
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Economic update: major projects will be crucial for Papua New Guinea’s economy
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13 Mar 2018 by Leave a Comment
Earthquake to have ‘huge impact’ on Papua New Guinea economy, says Prime Minister
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7 Mar 2018 by Leave a Comment
Last month’s earthquake in Papua New Guinea will have a ‘huge impact’ on the economy, says Prime Minister Peter O’Neill. The death toll is rising, the extent of the destruction and disruption to services and businesses is still being assessed, and the damage to the PNG LNG project is expected to affect government revenues.
In brief: Quake damage in LNG and Ok Tedi mining areas, and other business stories
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28 Feb 2018 by Leave a Comment
ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall ‘over the near-term’, and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
Economic update: slow but steady resurgence in the Papua New Guinea economy
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27 Feb 2018 by 1 Comment
Papua New Guinea is getting its house in order as it anticipates a period of stronger economic growth, driven in part by significant new investment in mineral production and infrastructure. In the first of a two-part series, Andrew Wilkins discusses its economy with business leaders and assesses where it is most likely to head.
In brief: KPH and Total to market LNG sales jointly, and other business stories
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13 Feb 2018 by Leave a Comment
Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.
Kina CEO says global economy picking up but Papua New Guinea still faces challenges
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6 Feb 2018 by Leave a Comment
Greg Pawson, the newly appointed Chief Executive of Kina Securities, has said that the world economy is showing signs of recovery, which will have a positive effect on the economy. But he believes that Papua New Guinea still faces big structural challenges.
Oil prices up and gold stronger: a monthly review of Papua New Guinea’s commodity and financial markets
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30 Jan 2018 by Leave a Comment
Oil prices continue their rise but LNG prices have eased. Cocoa and palm oil prices are slightly stronger. Business Advantage PNG’s monthly overview of commodity and financial markets.
What can Papua New Guinea business look forward to in 2018?
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17 Jan 2018 by Leave a Comment
As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.
IMF report says Papua New Guinea Government taking initiative but challenges remain considerable
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16 Jan 2018 by Leave a Comment
A report on the state of the Papua New Guinea economy by the International Monetary Fund (IMF) says the Government has taken some ‘bold steps’ in its economic management. But it contends that the challenges are considerable and would be best managed with an ‘active’ approach to macroeconomic management.
O’Neill tells Papua New Guinea resources sector there will be no new taxes
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29 Nov 2017 by Leave a Comment
Papua New Guinea’s Prime Minister, Peter O’Neill, told the PNG Mining and Petroleum Conference yesterday that there would be no new taxes for the resources sector. Meanwhile, presentations by the major industry players suggest the next 12 months will be critical in determining the future growth of the sector.
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