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: US$13 million airport project announced in Mendi and other business stories
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20 Feb 2019 by Leave a Comment
Papua New Guinea’s Prime Minister has announced a US$13 million airport in Mendi and Moody’s has changed the country’s issuer ratings from negative to stable. Your weekly digest of the latest business news.
In Brief: Concern about changes to investment laws and other business stories
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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: State-owned enterprises told to lift performance and other business stories
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22 Jan 2019 by Leave a Comment
Papua New Guinea’s state-owned enterprises given pep-talk by Minister, new Credit Guarantee Corporation to be established and Ramu NiCo sales fall. Your weekly digest of the latest business news.
In brief: Lihir most productive mine in PNG, and other business stories
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4 Dec 2018 by Leave a Comment
Lihir most productive mine, apprentice of the year named, and a public-private partnership for power in Hela. Your weekly digest of the latest business news. Lihir Gold Mine in the New Ireland Province has topped the mining sector in the country as the most productive mine, according to Mining Minister Johnson Tuke. ‘In 2017, it […]
Opinion: Papua New Guinea could provide a model for the developing world says Oil Search MD Botten
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26 Nov 2018 by 2 Comments
Peter Botten, Managing Director of Oil Search, says including communities in the development agenda is a way that resource developers can engage with governments and other stakeholders. He explains that what his company has done in PNG can be a model for other developing countries.
In brief: Russia and PNG to set up mutual embassies, and other business news
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21 Nov 2018 by Leave a Comment
Russia plans to open an embassy in Port Moresby, the Australian Prime Minister announces relaxed visa rules for Pacific nations, and Crystal Kewe, the young app developer, wins a major APEC award.
Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical
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20 Nov 2018 by Leave a Comment
The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.
In brief: PNG Power’s APEC commitment, and other business stories
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30 Oct 2018 by Leave a Comment
Oil Search’s strong result, PNG Power promises, and a loan agreement for Crater Gold Mining. Your weekly digest of the latest business news.
In brief: Abel to present on economic integration, and other business news
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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.
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