PNG Ports secures ‘landmark transaction’ with BSP for Motukea Island facilities, impact of kina’s exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.
In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories
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28 Oct 2015 by Leave a Comment
Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. 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.
In brief: Tolukuma gold mine sale to lead to restart of operations, and other business stories
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14 Oct 2015 by 1 Comment
Singapore company aims to recapitalise and restart Tolukuma gold mine, NPCP to contribute K450 million to Supplementary Budget, and PNG Defence Force ventures into business. Your weekly digest of the latest business news.
In brief: Woodside Petroleum talks with National Petroleum Co after Oil Search takeover rejected, and other business stories
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30 Sep 2015 by Leave a Comment
Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.
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.
Kumul restructure to be complete by start of 2016: Prime Minister O’Neill
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19 Aug 2015 by Leave a Comment
Following the passage of enabling legislation in the last sitting of Papua New Guinea’s National Parliament, the long-awaiting restructure of state assets and enterprises under the Kumul name is set begin, with Prime Minister O’Neill setting a target of 1 January 2016 for the transfer of state assets to their new homes.
In Brief: O’Neill urges Papua New Guinea to produce ‘more high-quality exports’, and other business stories
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12 Aug 2015 by Leave a Comment
More high-quality exports needed for PNG, new approaches will assist PNG in meeting energy demand, and Japan’s Pan Pacific expects copper recovery. Your weekly digest of the latest business news.
In brief: National Petroleum Company prepares to raise investment billions, and other business stories
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15 Apr 2015 by Leave a Comment
National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.
In brief: PNG LNG project plans investment decision on third train in 2017, and other business stories
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21 Jan 2015 by
PNG Government signs agreement with PNG LNG project partners, UN expects significant economic growth in PNG, and National Petroleum Company to revise annual plan following oil crash. Your weekly digest of the latest business news.
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