Papua New Guinea is well positioned to benefit from rising LNG demand, despite falling prices, says InterOil Managing Director, Michael Hession.
InterOil chief positive about Papua New Guinea’s role as LNG provider, despite oil prices fall
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25 Feb 2015 by 1 Comment
In brief: Oil Search adapts to changing market conditions, and other business stories
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25 Feb 2015 by Leave a Comment
LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.
China and India’s growing business links with Papua New Guinea and the Pacific
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26 Nov 2014 by 1 Comment
Pacific leaders have been the recipients of largesse from India’s Prime Minister and China’s President, who met in Fiji last week. Meanwhile, a new ANZ report details the increasingly close links between China’s aid and its investment in the Pacific.
People moves: Westpac, ANZ
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19 Nov 2014 by
Westpac CEO to retire, New CEO for ANZ in Vanuatu
In brief: Secrecy over proposed Sovereign Wealth Fund criticised, and other business stories
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22 Oct 2014 by
Failure to set up the Sovereign Wealth Fund criticised, Telikom undertakes ‘due diligence’ on EMTV, and a call to continue tax breaks for resource sector investors. Your weekly digest of the latest business news.
High interest rates a hurdle for investors, says Nambawan Super, and other business stories
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24 Sep 2014 by Leave a Comment
Call for government to lower interest rates, inflation rises and Air Niugini reduces fuel surcharge. Your weekly digest of the latest business news.
Papua New Guinea economy facing ‘significant challenges’ as growth reaches fastest in 40 years
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24 Sep 2014 by 1 Comment
The Papua New Guinea economy is facing significant challenges, as growth reaches 20-22% next year, ANZ Asia-Pacific Chief Economist Glenn Maguire told this month’s Papua New Guinea Advantage Investment and Infrastructure Summit in Port Moresby.
Fiji’s return to democracy expected to bring investment opportunities
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17 Sep 2014 by Leave a Comment
Foreign investment in the Fiji economy is expected to return, following the first democratic election since the 2006 coup. Tourism, infrastructure and natural resources are three sectors expected to benefit, but economists and business leaders say that will depend on political and policy stability, as Kevin McQuillan reports.
ANZ suggests a Papua New Guinea government bond issue to finance deficit spending
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27 Aug 2014 by 3 Comments
The Papua New Guinea economy faces a conundrum: how to finance deficit spending as cheaply as possible. ANZ analysts suggest a global bond issue as a solution. At the same time, ANZ CEO Mike Smith urges a national discussion about how to capitalise on the Asian Century.
Program firms up for Papua New Guinea Advantage Summit
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13 Aug 2014 by
September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
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