The Prime Minister Peter O’Neill has announced that Heads of Agreements will be signed for the Wafi-Golpu mine and Papua LNG project, to coincide with the APEC Leaders Week. In a pep to talk to business last week, he emphasised the benefits of hosting APEC 2018.
O’Neill to announce preliminary agreements for Papua LNG and Wafi-Golpu to coincide with APEC Leaders Meeting
Welcome,
7 Nov 2018 by Leave a Comment
Economic integration not exploitation, says Papua New Guinea’s Treasurer
Welcome,
30 Oct 2018 by 1 Comment
Papua New Guinea’s Treasurer Charles Abel says Papua New Guinea needs to take a staged approach to integration with the global economy in order to avoid being taken advantage of. Speaking at an APEC discussion forum at the University of PNG, he said recent experience suggests the nation’s foreign exchange markets may be too open.
Five questions to Sir Charles Lepani, Director General of APEC 2018
Welcome,
22 Oct 2018 by 1 Comment
In a little over three weeks, Papua New Guinea will host the annual APEC Economic Leaders Meeting, when 21 world leaders and 10,000 delegates including 2,000 media organisations arrive in Port Moresby. The Director-General of the APEC 2018 Coordinating Authority, Sir Charles Lepani, tells Business Advantage PNG he is confident of a lasting legacy.
APEC on track despite frictions over regional trade says Executive Director Bollard
Welcome,
9 Oct 2018 by Leave a Comment
Preparations for the APEC Leaders Week are going well, according to Alan Bollard, Executive Director of the APEC Secretariat. He tells Business Advantage PNG that the policy work is paying off and the logistical preparations are sound, but there are some tensions over trade.
APEC Study Centre for improving innovation in Papua New Guinea to open
Welcome,
2 Oct 2018 by Leave a Comment
The PNG APEC Study Centre is to be officially opened next week at the National Research Institute. According to Dr Thomas Webster, Professorial Research Fellow at the NRI, the aim of the centre is to improve the understanding and enabling of innovation in Papua New Guinea.
Papua New Guinea PM O’Neill looks for lasting policy legacy from APEC
Welcome,
2 Oct 2018 by Leave a Comment
In the second half of his exclusive conversation with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says the policies developed at the APEC Leaders meeting will have a lasting impact on the country. He says APEC marks a unique opportunity to market PNG as an investment destination.
In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories
Welcome,
25 Sep 2018 by Leave a Comment
ANZ Bank expects Kina to rise above $0.35 cents from early 2020, Ramu 2 hydropower project to commence next March, and security preparations for APEC step up. Your weekly digest of the latest business news.
In brief: Air Niugini launches new direct routes, and other business news
Welcome,
11 Sep 2018 by Leave a Comment
Air Niugini launches new direct route, Total wins contract for Lihir Gold Mine, and a new state-owned-enterprise is formed. Your weekly digest of the latest business news.
In brief: Trump pulls out of APEC, and other business news
Welcome,
4 Sep 2018 by Leave a Comment
Trump pulls out of APEC, China Navigation knocked back, and PNG on the verge of entering international capital markets. Your digest of the latest business news.
In brief: Foreign exchange inflows improving, and other business news
Welcome,
28 Aug 2018 by Leave a Comment
Foreign exchange inflows improving, Moni Plus opens in Lae, and changes to boards of government-owned businesses. Your weekly digest of the latest business news.
USD 0.2505
AUD 0.4028
GBP 0.1991
EUR 0.2413
NZD 0.4453
JPY 38.9
SGD 0.3413
Recent readers’ comments