Four new Knighthoods are among a total of 91 Papua New Guineans recognised by the Queen in this year’s Queen’s Birthday Honours list.
Papua New Guinea Queen’s Birthday Honours list 2015: four new knights
Welcome,
17 Jun 2015 by 2 Comments
In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories
Welcome,
27 May 2015 by Leave a Comment
Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.
Analysis: fall in LNG prices prompts call for Papua New Guinea mini-Budget
Welcome,
13 May 2015 by Leave a Comment
The impact of the fall in LNG prices since the 2015 Budget was prepared in October last year warrants a mid-year mini-Budget, according to prominent economist Paul Flanagan.
Economic update: Papua New Guinea changes gear
Welcome,
28 Apr 2015 by 7 Comments
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.
Liquidity a major source of risk for Papua New Guinea businesses, says ANZ report
Welcome,
8 Apr 2015 by Leave a Comment
Liquidity conditions have emerged as a major source of risk for the PNG economy, as the central bank governor reveals he spent US$570.9 million (K1.48 billion) to support the kina last year.
Bank of Papua New Guinea Governor justifies moves on kina; warns of deficit challenge
Welcome,
1 Apr 2015 by Leave a Comment
The Governor of the Bank of Papua New Guinea says his recent directives on dealing in the kina are not meant to frighten or scare the market, but to help address the imbalance in the foreign exchange market and restore order.
In brief: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories
Welcome,
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.
Bank of Papua New Guinea closes down unauthorised foreign exchange trading
Welcome,
18 Mar 2015 by 9 Comments
Papua New Guinea’s central bank has moved to stop offshore foreign banks, which don’t operate in PNG, from foreign exchange trading in the Kina.
Micro finance sector in Papua New Guinea expanding services
Welcome,
12 Nov 2014 by 10 Comments
Sharing nearly 500,000 clients, Papua New Guinea’s micro finance industry is expanding its reach, its numbers and its services. Business Advantage PNG looks at what the industry is offering.
In brief: Deal to purchase Motukea for port relocation signed, and other business stories
Welcome,
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.
USD 0.2505
AUD 0.4028
GBP 0.1991
EUR 0.2413
NZD 0.4453
JPY 38.9
SGD 0.3413
Recent readers’ comments