In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

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O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories

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Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.

In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories

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Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.

Economic update: Papua New Guinea changes gear

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Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.

Papua New Guinea agriculture benefitting from lower commodity prices, says Asian Development Bank economist

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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.

Return of PNG Government SME scheme encourages business development

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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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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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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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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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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.