Lihir most productive mine, apprentice of the year named, and a public-private partnership for power in Hela. Your weekly digest of the latest business news. Lihir Gold Mine in the New Ireland Province has topped the mining sector in the country as the most productive mine, according to Mining Minister Johnson Tuke. ‘In 2017, it […]
In brief: Lihir most productive mine in PNG, and other business stories
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4 Dec 2018 by Leave a Comment
In brief: PNG Power’s APEC commitment, and other business stories
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30 Oct 2018 by Leave a Comment
Oil Search’s strong result, PNG Power promises, and a loan agreement for Crater Gold Mining. Your weekly digest of the latest business news.
Sovereign bond an ‘important milestone’ for Papua New Guinea that should affect interest rates, says BSP’s Fleming
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9 Oct 2018 by Leave a Comment
The US$500 million sovereign bond raising will improve foreign exchange cash flows, according to Robin Fleming, Chief Executive of Bank South Pacific. He tells Business Advantage PNG that it represents an ‘important milestone’ for Papua New Guinea’s financial system.
In brief: Ramu NiCo announces K4.8b expansion plans, and other business news
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2 Oct 2018 by Leave a Comment
Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.
Sovereign bond issue will ‘test’ Papua New Guinea’s market access, says Standard & Poor’s
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11 Sep 2018 by 1 Comment
The Papua New Guinea government has begun spruiking its sovereign bond issue with a series of meetings with investors in Singapore, Hong Kong, London and the US, led by Treasurer Charles Abel. However, while Standard and Poor’s has given the issue a ‘B’ stable rating, others say the government may have to offer a premium to attract investors.
In brief: US, Australia and Japan announce new infrastructure fund for the Pacific, and other business stories
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31 Jul 2018 by Leave a Comment
Galip nut industry taking off, Horizon Oil reports strong quarter, and two online marketplaces launched. Your weekly digest of the latest business news.
In brief: Silencing Facebook, and other business stories
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29 May 2018 by Leave a Comment
When social media gets shut down; what next for Total; and a proposed merger of two seafood companies. Your weekly digest of the latest business news.
In brief: Papua New Guinea to issue Eurobond later this year, and other business stories
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1 May 2018 by Leave a Comment
A US$500 million Eurobond to be issued later this year, Government owes US$88 million to local businesses and February earthquake bill to cost five percent of government expenditure. Your weekly digest of the latest business news.
People moves: Bank South Pacific, Bougainville Referendum Commission, 2019 Asia Pacific Business Forum
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18 Apr 2018 by
Ni-Vanuatu to head up BSP operations in Port Vila, former Irish PM nominated to head the Bougainville Referendum Commission, new Chair of the 2019 Asia Pacific Business Forum
LNG prices have continued to decline and cocoa also falls sharply: a monthly review of Papua New Guinea’s commodity and financial markets.
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27 Mar 2018 by 2 Comments
LNG prices have shown continued weakness and the cocoa price has also dropped. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
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