More details about the potential of the Elk-Antelope LNG Project emerge, 108 companies apply for exemptions to minimum wage increase, and social media fundraising underway to buy Bougainville cocoa. Your weekly digest of the latest business news.
In brief: O’Neill declares PNG moving towards a new regime of ‘managed economic growth’ and other business stories.
Welcome,
3 Sep 2014 by
A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.
In brief: Ratings agency warning on debt and other business news
Welcome,
12 Jun 2014 by
Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.
In brief: BSP’s bid for Credit Corporation fails and other stories
Welcome,
23 Oct 2013 by
Credit Corporation shareholders decide not to sell up to BSP, while Papua New Guinea business visa fees rise sharply and Ok Tedi landowners threaten to close the mine in the latest dispute over the government’s takeover.
Mining companies watching Ok Tedi takeover ‘closely’, says Standard and Poor’s
Welcome,
2 Oct 2013 by 8 Comments
The ratings agency Standard and Poor’s is adopting a ‘wait and see’ attitude towards the O’Neill government’s nationalisation of the Ok Tedi mine and its owner, the PNG Sustainable Development Program (PNGSDP).
People moves: Ok Tedi Mining, Bemobile, Coppermoly, Nautilus Minerals and more
Welcome,
25 Sep 2013 by
Big changes at Ok Tedi Mining, the new chair at Bemobile finally takes his seat, a new exploration manager at Coppermoly and board changes at Nautilus.
Around the world: Ok Tedi, Papua New Guinea corruption and other international stories
Welcome,
25 Sep 2013 by
Attempts to understand the Ok Tedi acquisition and a powerful television report on corruption in Papua New Guinea, plus a golfing coup for Fiji.
O’Neill faces financial risks over nationalisation of Ok Tedi
Welcome,
25 Sep 2013 by 1 Comment
Last week’s legislation to nationalise the PNG Sustainable Development Program (PNGSDP) and Ok Tedi Mining Limited carries severe risks and negative implications for development in PNG, writes Stephen Howes, Director of the Development Policy Centre at the Australian National University.
Support for Papua New Guinea government reforms, but also ‘unease’
Welcome,
18 Sep 2013 by 1 Comment
While its aims of encouraging small and indigenous business are universally supported, the Papua New Guinea Government’s recent dealings with investors have created a ‘feeling of unease’ in some business circles.
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments