A new CEO for Digicel PNG and Kula Gold loses a Director.
In brief: Finance Minister Marape says economy ‘doing well’ and other business stories
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8 Jun 2016 by 1 Comment
Finance minister Marape says PNG economy ‘doing well’, European Investment Bank invests in PNG for first time in 21 years and Memorandum of Agreements to be presented for seven copper and gold mines. Your weekly digest of the latest business news.
In brief: Asian Development Bank downgrades Papua New Guinea’s growth outlook, and other business stories
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6 Apr 2016 by 1 Comment
Papua New Guinea’s growth forecast downgraded by Asian Development Bank, Bank of PNG says growth this year will partly be driven by non-mineral sector activity, plus claims PNG’s global corruption rating will depend on government commitment to accountability. Your weekly digest of the latest business news.
In brief: Bank of Papua New Guinea seeks K793 million loan to assist foreign exchange backlog, and other business stories
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30 Mar 2016 by Leave a Comment
Central bank seeks temporary loan to cover backlog of demand for foreign currency, district grants and non-tax paying companies under fire and kina to fall to its lowest level since 2003 if current rate of depreciation continues. Your weekly digest of the latest business news.
Papua New Guinea business getting serious about eliminating gender violence
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12 Jan 2016 by 1 Comment
There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.
Medium orbit satellites bring low-cost, high performance Internet to Papua New Guinea and the Pacific
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25 Sep 2015 by 4 Comments
Satellite-enabled phone and data services have often been considered a technology of last resort, due to relatively high costs and quality constraints. However, Dutch company O3b is pioneering the next generation of cheaper, more reliable satellite communications in Papua New Guinea and the Pacific—good news for a region where getting connected can be a major challenge.
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
Telikom CEO predicts 100% Papua New Guinea telco coverage within 2 years
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16 Sep 2015 by 4 Comments
The CEO of Telikom PNG predicts all Papua New Guinea will be able to connect to the Internet within two years. In a wide-ranging review of PNG’s telecommunications industry, Michael Donnelly canvasses lower prices, new investment, takeovers and the impact of competition policy.
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.
One-third of Papua New Guinea businesses expect sales boost from South Pacific Games
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15 Jul 2015 by 1 Comment
Retailers, tourism operators and the hospitality industry are the main business beneficiaries of the 2015 South Pacific Games being hosted in Port Moresby, according to ANZ Economist Dan Wilson.
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