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: 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
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.
People moves: Bank South Pacific, Credit Corp, Kutubu Special Purpose Authority, Oil Search, Westpac Outstanding Woman of the Year
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20 Mar 2018 by
BSP appoints new General Manager for Pacific Islands, new board appointments at Credit Corp, new board members at Kutubu Special Purpose Authority, resignation at Oil Search and Westpac chooses its Outstanding Woman of the Year.
In brief: Nambawan Super profit of K406 million, and other business stories
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13 Mar 2018 by Leave a Comment
Nambawan Super profit of K406 million, Bank South Pacific reports net profit of K1.99 billion, government agencies locked out of offices for allegedly non-payment of rents. Your weekly digest of the latest business news.
Oil prices steady but LNG prices weaker: a monthly review of Papua New Guinea’s commodity and financial markets.
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27 Feb 2018 by Leave a Comment
Oil prices are up and copper is also strong, but LNG has weakened. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Economic update: slow but steady resurgence in the Papua New Guinea economy
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27 Feb 2018 by 1 Comment
Papua New Guinea is getting its house in order as it anticipates a period of stronger economic growth, driven in part by significant new investment in mineral production and infrastructure. In the first of a two-part series, Andrew Wilkins discusses its economy with business leaders and assesses where it is most likely to head.
BSP CEO says forex issues will continue but medium term looks positive
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30 Jan 2018 by 1 Comment
Foreign exchange issues will continue in the short term according to Robin Fleming, Chief Executive of Bank South Pacific [BSP]. But he tells Business Advantage PNG that there are better longer-term prospects and that Papua New Guinea’s biggest bank is thriving in a challenging economic environment.
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