In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

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17 Jun 2015 by Business Advantage PNG

O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Asian Development Bank (ADB), Australia Papua New Guinea Business Council, Department of Education, Department of Labour and Industrial Relations, Digicel, InterOil Corporation, Nautilus Minerals, Oil Search Ltd, Palau, Parties to the Nauru Agreement, People’s Micro Bank, PNG LNG, Santos, Secretariat of the Pacific Community, Solomon Airlines, Solwara 1, Tuvalu, Western Highlands Chamber of Commerce and Industry

In brief: mini-budget on the way for Papua New Guinea, and other business stories

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10 Jun 2015 by Business Advantage PNG Leave a Comment

PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bmobile Vodafone, BSP Financial Group, Digicel, Fiji National Provident Fund, Kina Petroleum, Kula Gold, Nambawan Super, Nautilus Minerals, New Britain Palm Oil (NBPOL), Newcrest Mining, Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Pacific Assurance Group, Panguna mine, PNG Power, Rio Tinto

In brief: Business endorses new Papua New Guinea police chief, and other business stories

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3 Jun 2015 by Business Advantage PNG Leave a Comment

Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Barrick Gold, Fiji, Guangdong Rising Asset Management, Hawkins Group, Highlands Pacific, Kula Gold, National Development Bank, New Britain Palm Oil (NBPOL), Oil Search Ltd, Port Moresby Chamber of Commerce and Industry, Sime Darby, Standard & Poor’s (S&P), Total SA, World Bank

Analysis: fall in LNG prices prompts call for Papua New Guinea mini-Budget

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13 May 2015 by Business Advantage PNG Leave a Comment

The impact of the fall in LNG prices since the 2015 Budget was prepared in October last year warrants a mid-year mini-Budget, according to prominent economist Paul Flanagan.

Filed Under: Opinion/analysis, Sections Tagged With: Australian National University, Bank of Papua New Guinea, Department of Treasury, Oil Search Ltd

In brief: Court refuses to hear Ok Tedi claim, and other business stories

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13 May 2015 by Business Advantage PNG Leave a Comment

International court refuses to hear claim about government takeover of Ok Tedi mine, five percent aid cut to PNG and trial export of fresh vegetables to Fiji. Your weekly digest of the latest business news. The International Court for the Settlement of Investment Disputes has declined to hear PNG Sustainable Development Program’s claims against the Government […]

Filed Under: In brief, Latest news, News Tagged With: aid, China Harbour Engineering Company Ltd, Guangdong Rising Asset Management, Innovative Agro Industry, Mineral Resources Authority, Nautilus Minerals, Oil Search Ltd, PanAust, Papua New Guinea Sustainable Development Program (PNGSDP), Repsol, rice, Santos, Swire Shipping, Talisman Energy, Trukai Industries, Woodside Petroleum

In brief: PNG Ports seeks interest for design and construction of Motukea Island wharf, and other business stories

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22 Apr 2015 by Business Advantage PNG 1 Comment

Motukea Island Port project expressions of interest called for, PM dismisses ‘secret deals’ with Rio Tinto, and Star Mountains project JV launches exploration campaign. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, Bishops, Enerpac, Fiji, Highlands Pacific, Kumul Consolidated Holdings, NASFUND, National Fisheries Authority (NFA), National Housing Corporation, Oil Search Ltd, Orion, PNG Ports Corporation, Rio Tinto, Searcher Seismics, Secretariat of the Pacific Community, Sovereign Wealth Fund, Steamships, Vanuatu

In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories

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8 Apr 2015 by Business Advantage PNG

Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, Asia Pacific Economic Cooperation (APEC), Barrick Gold, Bougainville Copper Ltd, Coffee Industry Corporation (CIC), Department Trade Commerce and Industry, Golder Associates, Kokonas Indastri Koporesen, Mineral Resources Authority, Motukea Island, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Power, S P Brewery, Steamships

In brief: promise to complete key highway within 30 months and other business stories

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12 Mar 2015 by Business Advantage PNG

PM promises to upgrade Gulf-Southern Highlands Highway, a ban on foreigners buying land, and a possible chocolate factory for East Sepik. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Barrick Gold, BSP Financial Group, Business Coalition for Women, Gulf Province, Independent Consumer and Competition Commission, K92 Mining, Marengo Mining, Nambawan Super, Oil Search Ltd, Origin Energy, Petromin Holdings, Santos, Standard & Poor’s (S&P)

In brief: Total to lead Elk-Antelope gas development, and other business stories

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4 Mar 2015 by Business Advantage PNG

Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Click TV, Digicel, ExxonMobil PNG, Grand Papua Hotel, Highlands Highway, Horizon Oil, Indochine Mining, InterOil Corporation, Lowy Institute, New Britain Palm Oil (NBPOL), Oil Search Ltd, Parties to the Nauru Agreement, PNG DataCo, PNG Forest Authority, Simberi gold mine, St Barbara Ltd, Stanley gas project, Steamships, Total SA, WCB Resources

In brief: Oil Search adapts to changing market conditions, and other business stories

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25 Feb 2015 by Business Advantage PNG Leave a Comment

LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anitua, ANZ, Autonomous Bougainville Government (ABG), Barrick Gold, Department Trade Commerce and Industry, Digicel, Fiji Airways, Highlands Pacific, Indigenous Business Council of Papua New Guinea, Nautilus Minerals, Oil Search Ltd, PNG LNG, Port Moresby Chamber of Commerce and Industry, Santos, St Barbara Ltd, World Bank

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]

Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]
Futurist Chris Riddell announced as keynote speaker for 2024 PNG Investment Conference
We are delighted to announce that futurist Chris Riddell, former Chief Digital Officer at Mars, will be providing the keynote address on Day 1 of the 2024 Papua New Guinea Investment Conference (12 & 13 August in Brisbane). Chris is a recognised trend spotter, frequent media commentator, and digital expert with unparalleled insights into emerging […]