Minister for State Enterprises Sasindran Muthuvel has revealed his plans to reform Papua New Guinean’s under-capitalised state utilities and telecommunications businesses. The future could involve partial privatisation, he says.
Privatisation on the agenda for Papua New Guinea’s state-owned enterprises?
Welcome,
24 Feb 2020 by Leave a Comment
In Brief: Concern about changes to investment laws and other business stories
Welcome,
29 Jan 2019 by Leave a Comment
Business concern about Papua New Guinea’s new foreign investment laws, a new strategy to develop the financial sector and Oil Search CEO receives award. Your weekly digest of the latest business news.
In brief: O’Neill proposes electoral reform, including voting system, and other business stories
Welcome,
6 Mar 2018 by Leave a Comment
‘First past the post’ voting system to return, expansion of Milne Bay airport, and rugby league now a K15m a year business. Your weekly digest of the latest business news.
Eda Ranu looking to take more control of its operations, says Chairperson
Welcome,
24 Oct 2017 by Leave a Comment
The government-owned Port Moresby water treatment company Eda Ranu is looking to bring more of its operations in-house. Chairperson Mary Karo tells Business Advantage PNG that preparations are also being made for APEC 2018.
In brief: Leading banker calls for more foreign exchange injection, and other business stories
Welcome,
18 Oct 2017 by 1 Comment
BSP wants another US$100-200m foreign exchange injection, Air Niugini expects local business benefits from Rugby League games, and gold refinery to expand. Your weekly digest of the latest business news.
In brief: Employment Act review underway, and other business stories
Welcome,
5 Sep 2017 by Leave a Comment
Employment and IR laws under review, Police Commissioner appeals for end to blockade of Highlands Highway, and new Agriculture Minister promises to pursue K20m for coffee borer repair. Your weekly digest of the latest business news.
In brief: Papua New Guinea ready to market sovereign bonds says Treasury Secretary, and other business stories
Welcome,
2 Nov 2016 by 1 Comment
Papua New Guinea ready to seek sovereign bond funds, Air Niugini affected by economic slowdown, Qantas begins daily Brisbane-Port Moresby service. Your weekly digest of the latest business news.
In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories
Welcome,
3 Feb 2016 by
Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
Welcome,
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.
People moves: Water PNG, World Bank, Mayur Resources, Air Niugini
Welcome,
29 May 2014 by
A new Chief Operating officer at Water PNG, a new Country Manager for the World Bank and a new Managing Director for Mayur Resources
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments