Search Results for: Papua LNG

In brief: National Roads Authority and Planning Minister discuss state of PNG roads, and other business stories

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National Roads Authority and Planning Minister discuss state of PNG roads, National Airports Corporation releases commercial tenders at POM, and Cue Energy puts PNG assets on market. Your weekly digest of the latest business news.

Calls for urgent action and investment incentives to boost non-mining sectors

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Two respected trade and industry leaders have urged the government to boost investment in agriculture and non-mining sectors, warning a failure to act soon could induce ‘the dreaded Dutch Disease’.

In brief: Government to deliver military infrastructure upgrades, and other business stories

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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.

Japanese PM’s visit sends a signal on Pacific’s importance

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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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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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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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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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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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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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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.