Central bank to ease forex pressures with US$100m, new Lands Minister promises to clean up corruption in his department, and the cost of childhood malnutrition estimated at K1.6 billion annually. Your weekly digest of the latest business news
In brief: Bank of Papua New Guinea to provide US$100m to ease forex pressure and other business stories
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29 Aug 2017 by Leave a Comment
In brief: No new taxes, says Prime Minister, and other business stories
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22 Aug 2017 by Leave a Comment
O’Neill says Supplementary Budget won’t contain any new taxes, Oil Search MD says oil and gas sector could earn K60 billion over the next seven years, and central bank prepares to use block chain technology. Your weekly digest of the latest business news.
In brief: National Transmission Network ready by the end of 2017, and other business stories
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28 Jun 2017 by Leave a Comment
Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.
Cooperation in resources sector improving Papua New Guinea’s international standing, says analyst
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27 Jun 2017 by 1 Comment
Cooperation amongst the energy majors in Papua New Guinea is leading to greater efficiency and higher international standing, according to industry leaders and analysts. What is happening in PNG appears in stark contrast to recent experiences in Australia’s LNG industry.
People moves: Oil Search, PNG Ports, PNG Forest Authority, French Minister for Overseas Territories
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23 May 2017 by Leave a Comment
Oil Search Directors re-elected, Managing Director at PNG Ports, confirmation of Managing Director of the PNG Forest Authority, new French Overseas Territories Minister
In brief: Government seeking Budget support of US$500 million, and other business stories
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23 May 2017 by 1 Comment
Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.
Commodity prices weak but precious metals up: a monthly review of commodity and financial markets
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26 Apr 2017 by Leave a Comment
It has been a bad month for most commodity prices, but not precious metals. The weakness in Liquefied Natural Gas (LNG) prices has continued, with the price falling sharply over the last month. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Total close to decision on cooperation with PNG LNG plant, says MD Blanchard
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11 Apr 2017 by 1 Comment
The operator of the second Papua New Guinea LNG project says overcoming technical and environmental issues will determine if Total joins the existing PNG LNG trains. Managing Director, Philippe Blanchard, says a decision will be made within the next 5-6 months.
Why hosting APEC will transform Papua New Guinea
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8 Mar 2017 by 34 Comments
The APEC meeting in 2018 in Port Moresby will be a major boost for the country, David Toua, the President of the Business Council of PNG (BCPNG), tells Business Advantage PNG. Analysts say in the past benefits have been shown to outweigh the costs.
In brief: Foreign currency issues continue to cause problems, and other business stories
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7 Mar 2017 by Leave a Comment
Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.
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