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.
In brief: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories
Welcome,
1 Apr 2015 by Leave a Comment
In brief: Oil Search adapts to changing market conditions, and other business stories
Welcome,
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.
Aropa Airport on Bougainville re-opens after 24 years as the province prepares for its own time zone
Welcome,
17 Dec 2014 by
The re-opening of Aropa Airport at Kieta on Bougainville is another vital part of Papua New Guinea’s national infrastructure that will create new opportunities, according to Prime Minister Peter O’Neill.
In brief: Crater Gold wins mining licence, and other business stories
Welcome,
12 Nov 2014 by
Government go ahead for Crater Mountain gold mining, Bank of South Pacific profits rise 16%, study to upgrade Ramu Highway signed. Your weekly digest of the latest business news.
Bougainville Copper maintains inside running on re-opening Panguna mine
Welcome,
20 Aug 2014 by Leave a Comment
The Bougainville parliament has just passed an interim mining act, paving the way for its troubled Panguna copper mine to re-open. Even though the new act removes the automatic renewal of its lease to continue, Bougainville Copper Limited is still the preferred mine operator, as Kevin McQuillan reports.
In brief: Bougainville mining law passed, giving licensing regime to Autonomous Government, and other business news
Welcome,
13 Aug 2014 by
Bougainville’s Autonomous Government moves closer to issuing mining licences, tuna stocks down to 16% of original size and foreign shareholding of NNBPOL won’t exceed 49 per cent. Your weekly digest of the latest business news.
In brief: Papua New Guinea Prime Minister respects court’s decision on arrest warrant and other stories
Welcome,
2 Jul 2014 by Leave a Comment
Prime Minister O’Neill to respect court’s decision, Bougainville Copper assesses draft mining bill, and Papua Mining raises exploration funds. Your weekly digest of the latest business news.
In brief: Ratings agency warning on debt and other business news
Welcome,
12 Jun 2014 by
Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.
In brief: First LNG shipment on board ship this week and other business stories
Welcome,
15 May 2014 by Leave a Comment
First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.
In brief: new Petroleum Minister, Oil Search bond buyback and other stories
Welcome,
26 Feb 2014 by Leave a Comment
PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments