The entry of the global French-based energy giant, Total SA, has prompted the first French-only trade delegation to Papua New Guinea, which will visit Port Moresby and Lae next week. Delegation Leader, Arthur Lenoir, explains the rationale for the trip to Business Advantage PNG.
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Five questions for: Arthur Lenoir, Leader of the French Trade Delegation to Papua New Guinea
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28 Oct 2015 by Leave a Comment
In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories
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21 Oct 2015 by
Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.
World Bank says Papua New Guinea needs to avoid a possible ballooning budget deficit
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15 Oct 2015 by Leave a Comment
A World Bank report says Papua New Guinea government spending should be curbed to avoid a possible ballooning budget deficit.
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
Papua New Guinea’s journey to Independence
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14 Sep 2015 by 4 Comments
Forty years ago this week, Sean Dorney was one of the journalists on the spot for Papua New Guinea’s declaration of Independence. He covered it for the country’s National Broadcasting Commission and later spent 17 years in PNG as an ABC correspondent. He reflects on PNG’s journey as an independent nation.
In brief: Papua New Guinea Power fast-tracks extra machines to stabilise power in Port Moresby, and other business stories
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9 Sep 2015 by Leave a Comment
Port Moresby load shedding after shortfall in generation capacity, NRL rights deal kicks Telikom’s purchase of EMTV into touch, Eastern Highlands coffee producers may switch to robusta. Your weekly digest of the latest business news.
Woodside launches non-binding bid for Oil Search as Papua New Guinea gas attracts attention
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8 Sep 2015 by Leave a Comment
Australia’s Woodside Petroleum has launched an A$11.65 billion (K22.83 billion) offer for one of Papua New Guinea’s largest companies, Oil Search Ltd. It’s the latest in series of moves that has seen several PNG gas-related assets change hands in the past year.
Papua New Guinea Prime Minister says reforms must make up for ‘lost opportunities’
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2 Sep 2015 by Leave a Comment
PNG Prime Minister Peter O’Neill says the current wave of economic reforms are vital if the country is to be competitive and living standards rise. He spoke to Business Advantage PNG after addressing the Advantage Investment Summit in Brisbane last week.
PNG LNG project may prove to be Santos’ saviour as profit slumps 82%
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27 Aug 2015 by Leave a Comment
A founding shareholder in the PNG LNG project, Santos, says it will carry out a ‘full strategic review’ of its operations, after losing more than A$8 billion in market value in the first half of 2015.
In Brief: O’Neill urges Papua New Guinea to produce ‘more high-quality exports’, and other business stories
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12 Aug 2015 by Leave a Comment
More high-quality exports needed for PNG, new approaches will assist PNG in meeting energy demand, and Japan’s Pan Pacific expects copper recovery. Your weekly digest of the latest business news.
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