Wafi-Golpu close to environmental permit, Kina Bank to launch capital fund for SMEs and PNG LNG delivers its highest production moment yet despite the COVID-19 pandemic. The business news you need to kickstart your week.
Search Results for: Papua LNG
In brief: Wafi-Golpu closes in on environmental permit and other business stories
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26 Oct 2020 by Leave a Comment
In brief: Oil Search announces structural changes and other business stories
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6 Jul 2020 by Leave a Comment
Oil Search shrinks its employee base, Coca-Cola Amatil PNG invests K155 million in infrastructure upgrades and bmobile and Telikom’s merger expected later this year. The news you need to kickstart your week.
In brief: Oil Search still keen on P’nyang gas project and other business stories
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4 May 2020 by Leave a Comment
S&P Global Rating lowers Papua New Guinea’s sovereign credit rating, Zijing Mining sends letter to Prime Minister Marape and PNG DataCo lands the Kumul Submarine Cable in Kavieng. The business news you need to kickstart your week.
Oil Search’s Peter Botten: the exit interview
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4 Mar 2020 by Leave a Comment
The departing Oil Search Managing Director tells Business Advantage PNG he remains positive about Papua New Guinea’s economic future, saying that LNG investment can help fund a stronger, more diversified economy. And he has some parting advice.
In brief: PNGX announces the launch of six indices and other business news
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28 Oct 2019 by Leave a Comment
PNGX to launch six indices, Oil Search reports sluggish third quarter results, and Geopacific Resources on track to fund Woodlark. Your weekly digest of business news.
In Brief: Government to review resource laws next year, and other business stories
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30 Sep 2019 by Leave a Comment
Review of Mining Act next year, acting Tax Commissioner warns of criminal action against companies not forwarding taxes to government and wholesale internet prices may drop by two-thirds. Your weekly digest of business news.
iPi Group eyes next phase of growth
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5 Aug 2019 by Leave a Comment
The diversified iPi Group has grown up from its origins as a provider of services to the Porgera gold mine in Papua New Guinea. Chief Executive Officer Scott O’Reilly outlines his strategy to overcome tighter trading conditions to Business Advantage PNG.
In brief: Oil Search cuts 2019 capital spending budget and other business stories
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22 Jul 2019 by Leave a Comment
Oil Search has cut its 2019 capital spending budget, delays in the Wafi-Golpu project has lead to job loss, and Bank South Pacific reports liquidity in Papua New Guinea’s banking sector has decreased. Your weekly digest of business news.
In brief: Kumul Telikom Holdings announces major price reductions on internet rates
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8 Jul 2019 by Leave a Comment
Kumul Telikom Holdings has slashed internet rates, Kumul Petroleum Holdings has been asked to report on its earnings since 2014, and a cable laying ship has arrived in Port Moresby to work on the Coral Sea Cable system. Your weekly digest of business news.
Crowne Plaza returns to Port Moresby with all-new residences
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5 Jun 2019 by 1 Comment
Port Moresby’s economic growth has given a much-needed boost to the construction and hospitality sector. Two hotels have opened in the past two years and the Crowne Plaza has plans to make its return in July, with a twist.
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