PNG Government signs agreement with PNG LNG project partners, UN expects significant economic growth in PNG, and National Petroleum Company to revise annual plan following oil crash. Your weekly digest of the latest business news.
In brief: PNG LNG project plans investment decision on third train in 2017, and other business stories
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21 Jan 2015 by
People moves: NASFUND, Steamships, PanAust
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12 Nov 2014 by
New senior appointments at NASFUND, a new director at Steamships, and a new Managing Director at PanAust
In brief: PNG Ports Corporation completes Lae extension, and other business stories
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5 Nov 2014 by
The extension project at Lae Port reaches a conclusion, PanAust feasibility study at Freida River on target, National Executive Council endorses PNG Sovereign Wealth Fund. 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.
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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: K2 billion boost for roads and bridges, and other business stories
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27 Aug 2014 by
Japan funding K2 billion for roads and bridges, the National Executive Council prevents PNG Power from defaulting on overdraft and PanAust buys 80% share of Frieda River project. Your weekly digest of the latest business news.
Support for Papua New Guinea government reforms, but also ‘unease’
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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.
People moves: PanAust, Rio Tinto, Indochine Mining, Coppermoly, PNG Forest Products
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12 Mar 2014 by
PanAust Managing Director stepping down, new board members at Rio Tonto and IndoChine and other senior appointments.
Mining and petroleum in Papua New Guinea face contrasting fortunes, says Chamber head
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27 Nov 2013 by
Next week’s Papua New Guinea Mining and Petroleum Seminars in Port Moresby will highlight the increasing divergence in fortunes of PNG’s mining and petroleum sectors, according to Greg Anderson, Executive Director of the Papua New Guinea Chamber of Mines and Petroleum.
Analysts welcome PanAust takeover of Frieda River mine project
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7 Nov 2013 by
The entry of PanAust—a new player in PNG’s mining sector—is good news for the giant Frieda River gold and copper mining project in East Sepik Province. The move has also been welcomed by analysts.
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