Being stranded for five years on Bougainville Island because of the civil conflict failed to deter Ludwig Kumoru, CEO of Parties to the Nauru Agreement (PNA), from developing a career in the fishing industry.
In Brief: Funding for the Gulf to Southern Highlands Highway missing link and other business stories
Welcome,
13 Mar 2019 by Leave a Comment
The Gulf to Southern Highlands Highway missing link is set to be funded under the new tax credit scheme, K56 million in royalties for forest landowners, and Geopacific Resources announces the acquisition of the remaining seven per cent of JV with Kula Gold. Your weekly digest of the latest business news.
In brief: Construction milestone for PNG’s tallest building, and other business news
Welcome,
27 Nov 2018 by 1 Comment
Construction milestone for PNG’s tallest building, renewed support for fisheries training and PNG launches legal action in Australia. Your weekly digest of the latest business news.
In brief: Abel to present on economic integration, and other business news
Welcome,
9 Oct 2018 by Leave a Comment
Abel on economic integration, renewable energy transition by 2050 and a K2m commitment to revive Goilala coffee. Your weekly digest of the latest business news.
In brief: Government seeks more revenue from fishing, and other business stories
Welcome,
24 Jul 2018 by Leave a Comment
Government to seek more revenue from fishing, three provinces to be granted autonomous status and the Government claims the right to acquire land for the Highlands Highway construction work. Your weekly digest of the latest business news.
In brief: Foreign exchange reserves to be about US$2 billion by year’s end, and other business stories
Welcome,
11 Apr 2018 by
Rise in foreign exchange reserves expected, K1.3 billion required annually for road maintenance work, and Ramu nickel project to have 35 year life. Your weekly digest of the latest business news.
In brief: Details of US$500m Credit Suisse loan to Papua New Guinea revealed, and other business stories
Welcome,
12 Dec 2017 by Leave a Comment
Treasury Minister outlines details of US$500 million loan deal, World Bank commends 2018 Budget, crucial meeting over the future of BCL’s exploration licence. Your weekly digest of the latest business news.
In brief: Kagamuga Airport upgrade to allow jet landings, and other business stories
Welcome,
25 Oct 2017 by Leave a Comment
Airport upgrade to see night flights and early landings at Western Highlands airport, call to properly fund the fight against coffee berry borer, and Tkatchenko moves on illegally approved land sales. Your weekly digest of the latest business news.
In brief: Total to build separate LNG pipeline, and other business stories
Welcome,
11 Jul 2017 by Leave a Comment
Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and BCL to step up community engagement. Your weekly digest of the latest business news.
In brief: Bank South Pacific expands into Cambodia, and other business stories
Welcome,
30 May 2017 by Leave a Comment
BSP enters a joint venture deal in Cambodia, management restructure planned for PNG Power, and government shelves GST rise. Your weekly digest of the latest business news.
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments