The Asian Development Bank’s departing Papua New Guinea economist, Aaron Batten, says agriculture is the big winner with the current downturn in commodity prices, while its Country Director Marcelo Minc flags further bank investment in PNG.
Papua New Guinea agriculture benefitting from lower commodity prices, says Asian Development Bank economist
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8 Apr 2015 by Leave a Comment
Return of PNG Government SME scheme encourages business development
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1 Apr 2015 by 3 Comments
Papua New Guineans aiming to start a small and medium enterprise (SME) have been buoyed by the revival of the previously successful Stret Pasin Stoa Scheme, which adds to the number of programs helping the country develop a small business sector.
In brief: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories
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1 Apr 2015 by Leave a Comment
Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.
People moves: Ok Tedi Mining, PNG Rubber Board, PNGRFL, and more
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18 Mar 2015 by
A new MD for Ok Tedi Mining, appointees to the new PNG Rubber Board, an acting CEO for the PNGRFL and others appointments
In brief: 25 billion kina of mining investment in Papua New Guinea and other business stories
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3 Dec 2014 by
Over 25 billion kina of mining investments over next decade expected, and New Britain Palm Oil hit by kina’s value. Your weekly digest of the latest business news.
In brief: Deal to purchase Motukea for port relocation signed, and other business stories
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29 Oct 2014 by Leave a Comment
State Solicitor refuses approval for purchase of Motukea island land for port relocation, Confusion over Ok Tedi compensation payments, report says PNG state-owned enterprises under performing compared to Pacific counterparts. Your weekly digest of the latest business news.
Return to democracy good for Fiji economic growth, say rating agencies
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24 Sep 2014 by Leave a Comment
Last week’s elections in Fiji are ‘credit positive’, according to the Moody’s rating agency, after the leader of the 2006, Commodore Frank Bainimarama was sworn in this week as a democratically-elected prime minister.
Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises
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17 Sep 2014 by 3 Comments
First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.
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.
In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories
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23 Jul 2014 by Leave a Comment
Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
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