Competition Commission concerned about possible monopoly in gas sector, O’Neill to issue statement on government shareholding in BCL and ANZ Bank CEO says there may be a need for a Supplementary Budget. Your weekly digest of the latest business news.
In brief: InterOil sale may raise competition issues and other business stories
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27 Jul 2016 by 1 Comment
In brief: Petroleum Minister says Bougainville President should ‘carefully consider’ offer of free equity in BCL, and other business stories
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13 Jul 2016 by Leave a Comment
John Momis told to ‘carefully consider’ equity offer from Rio Tinto, ExxonMobil declines to confirm or deny InterOil bid, and Supreme Court orders parliamentary vote on no confidence motion. Your weekly digest of the latest business news.
In brief: Shortage of foreign exchange hindering investment, concerns about Customs procedures and Crowne Plaza on the market
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15 Jun 2016 by Leave a Comment
Shortage of foreign exchange hindering investment, concerns about Customs procedures and the Crowne Plaza Port Moresby hotel up for sale. Your weekly digest of the latest business news.
‘The new PNG cyberspace’: ecommerce set to take off in Papua New Guinea
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3 Jun 2016 by 6 Comments
With Papua New Guinea’s soon-to-be-completed National Transmission Network likely to bring improved internet speeds and reliability by the end of the year more PNG companies are expected to explore the possibility of selling goods and services online. Andrew Wilkins looks at the potential for ecommerce.
In brief: PM assures students 2016 Papua New Guinea Budget will be implemented, and other business news
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25 May 2016 by 1 Comment
O’Neill assures students 2016 Budget will be implemented, Singapore’s Jaya Holdings buys Moni Plus for K518million and Bougainville aims for mid-2019 independence vote. Your weekly digest of the latest business news.
Six questions for: Katsuo Yamashita, Chairman, Japan Papua New Guinea Association
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30 Mar 2016 by Leave a Comment
The relationship between Japan and Papua New Guinea has developed to the point where this year—thanks to liquefied natural gas—Japan is expected to be PNG’s largest export destination this year. Business Advantage PNG asks Katsuo Yamashita, the Chairman of the Japan PNG Association, about the growing links between the two countries.
People moves: Air Niugini, PNG Power, Petroleum and Energy Dept
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9 Mar 2016 by
Air Niugini’s new Operations Manager in Solomon Islands, Cabinet to appoint a new Chairman of PNG Power, a new Acting Secretary for Petroleum and Energy
In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories
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3 Feb 2016 by
Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.
In brief: Papua New Guinea government suspends vegetable import ban, and other business stories
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27 Jan 2016 by
Ban imported vegetables suspended for three months, Mainland CEO calls for tougher bio security measures, and Oil Search confident, despite low oil prices. Your weekly digest of the latest business news.
In brief: O’Neill says Papua New Guinea government has no interest in owning Panguna mine, and other business stories
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13 Jan 2016 by Leave a Comment
O’Neill not interested in buying Rio Tinto’s 53% of Bougainville Copper Limited, central bank governor warns government to restrain spending, and kina falls against most currencies in September quarter. Your weekly digest of the latest business news.
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