Call for garment and textile sector to replace imported clothes, beneficiary groups intending to petition the Government over equity in PNG LNG, solar power could be the answer to Lae’s power problems. Your weekly digest of the latest business news.
In brief: Trade official asks why Papua New Guinea spends K5 million annually on imported clothes, and other business stories
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22 Nov 2016 by Leave a Comment
In brief: Newcrest sells Hidden Valley stake to Harmony and other business news
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21 Sep 2016 by 1 Comment
Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.
People moves: New service delivery manager at PNG Air
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22 Jun 2016 by Leave a Comment
Glenn Dunstan has joined PNG Air as Manager of Service Delivery. Dunstan has worked with a number of resource sector companies, including ExxonMobil PNG.
In brief: manufacturing affected by downturn in the economy and other business stories
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23 Mar 2016 by Leave a Comment
Manufacturing affected by downturn in economy, Japanese International Co-operation Agency ready to start Lae-Nadzab Development Project and CPL’s profit comes in at K6.5 million. Your weekly digest of the latest business news.
In brief: Ok Tedi mine reopens and other Papua New Guinea business stories
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2 Mar 2016 by Leave a Comment
Ok Tedi mine reopens after drought causes suspension, Kumul Petroleum renegotiates UBS loan for Oil Search shares and Steamships announces 11% profit increase. Your weekly digest of the latest business news.
In brief: Papua New Guinea preparing to refinance Oil Search share loan, and other business stories
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10 Feb 2016 by Leave a Comment
Banks vie to renew government’s loan for shares in Oil Search, structural faults in Phase One of new Lae port, OK Tedi to resume operations next month. Your weekly roundup of the latest business news.
In brief: Papua New Guinea to issue visas on arrival from next year for Australian tourists, but not business people, and other business stories
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19 Nov 2015 by Leave a Comment
Visas on arrival to be available for Australian tourists, Morobe Governor to suspend trading licences for shops using street vendors, and corruption cases net K25 million for government coffers. Your weekly digest of the latest business news.
Airlines PNG becomes PNG Air as company revitalises image for the future
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5 Nov 2015 by Leave a Comment
The ongoing restructure of Airlines PNG Ltd has provided the company with an opportunity to refresh its brand, starting significantly with a change of its name to PNG Air. Chairman Murray Woo tells Business Advantage PNG more about the rebranding.
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
In Brief: Papua New Guinea Budget deficit rises to 9.4% of GDP, and other business stories
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5 Aug 2015 by
Treasury says Deficit rises to 9.4% of GDP, foreign advisers ban, and parliament passes Sovereign Wealth Fund bill. Your weekly digest of the latest business news.
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