The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.
Search Results for: Papua LNG
In brief: Government to deliver military infrastructure upgrades, and other business stories
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16 Jul 2014 by Leave a Comment
Japanese PM’s visit sends a signal on Pacific’s importance
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16 Jul 2014 by Leave a Comment
Business ties between Papua New Guinea and Japan have strengthened following last week’s visit to the country by Japanese Prime Minister Shinzo Abe. Business Advantage PNG discusses the significance of the visit with the Lowy Institute’s Jenny Haywood-Jones.
In brief: Government prepares to relocate Moresby port to Motukea Island, and other business stories
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9 Jul 2014 by Leave a Comment
The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.
Puma Energy enters PNG market with InterOil deal
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2 Jul 2014 by 1 Comment
Papua New Guinea’s oil and gas sector has a new player after Singapore-based Puma Energy’s purchase of InterOil Corporation’s downstream business.
In brief: Prime Minister resists arrest warrant and other stories
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18 Jun 2014 by Leave a Comment
Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
In brief: Ratings agency warning on debt and other business news
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12 Jun 2014 by
Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.
What’s around the corner for the Pacific economy?
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10 Jun 2014 by Leave a Comment
The Pacific’s increasing integration with Asia, elections in Fiji and more leadership from Papua New Guinea are just some of the factors likely to shape the region over the coming year, according to the region’s three top bankers. In exclusive interviews with all three, Business Advantage PNG canvasses their thoughts on the year ahead.
In brief: O’Neill seeking review of Ombudsman’s order to freeze Oil Search loan deal, and other business stories
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4 Jun 2014 by Leave a Comment
O’Neill seeks judicial review of Ombudsman’s direction to freeze loan for Oil Search shares, Treasurer predicts annual K10 billion boost from LNG, and food labelling must now be in English. Your weekly digest of the latest business news.
In brief: Government considers lift in minimum wage and other business stories
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21 May 2014 by Leave a Comment
Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.
National Petroleum Company aims to deliver long-term benefits, says Kramer
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21 May 2014 by Leave a Comment
As the PNG LNG project enters its operational phase, Frank Kramer, Chairman of the National Petroleum Company of Papua New Guinea (which will hold and manage the government’s 16.8% stake) outlines his vision for managing the country’s hydrocarbon assets.
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