In spite of the talk about an economic slowdown in 2016, Papua New Guinea’s capital, Port Moresby, is a city where plenty is still happening as 2015 comes to a close. Business Advantage International’s Andrew Wilkins reflects on recent discussions with Papua New Guinea business leaders.
Papua New Guinea business sees light at the end of the tunnel
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25 Nov 2015 by Leave a Comment
In brief: PM to launch construction phase of Pacific Marine Industrial Zone project, and other business stories
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4 Nov 2015 by Leave a Comment
Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.
In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories
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21 Oct 2015 by
Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.
Foreign exchange controls affect Papua New Guinea business as ANZ calls for changes to kina trading range
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6 Oct 2015 by 1 Comment
As Papua New Guinea’s business community continues to face foreign exchange shortages, ANZ Bank has called for a relaxation of the enforced trading band for the kina. Meanwhile, analysts say the kina is facing further downward pressure from the US dollar.
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
In brief: Papua New Guinea Government may review petrol supply regime, and other business stories
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2 Sep 2015 by Leave a Comment
O’Neill indicates government may open up petrol supply market, Australia questions if vegetable import ban breaches global trade rules, and plans for an 800,000 hectare forest in Western Highlands. Your weekly digest of the latest business news.
People moves: Santos, Konebada Petroleum Park Authority, Bank South Pacific, Lynmark Recruitment
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27 Aug 2015 by
Santos CEO to step down, the board of Konebada Petroleum Park Authority announced and a new Country Manager for BSP in Solomon Islands, and a former Digicel executive starts a new recruitment company
People moves: Digicel PNG Foundation, Bank of South Pacific, Cott Oil and Gas
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19 Aug 2015 by
A new Chairman at Digicel PNG Foundation, senior BSP appointments in Solomon Islands, Cott Oil and Gas MD to step down.
In brief: BSP bid to buy Westpac Vanuatu rejected, and other business stories
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29 Jul 2015 by Leave a Comment
Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.
In brief: Papua New Guinea’s Bank of South Pacific completes purchase of three Westpac Pacific operations, and other business news
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15 Jul 2015 by Leave a Comment
Bank of South Pacific finalises purchase of Westpac’s Tonga, Samoa and Cook Islands banks; Special Economic Zone agreement in East Sepik and Santos reportedly buying into P’nyang gas field. Your weekly digest of the latest business news.
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