Kina and the Asian Development Bank join forces, the Bank of Papua New Guinea launches its ‘regulatory sandpit’, and PNG’s first rooftop solar power trial begins. This is your weekly digest of business news.
In brief: Asian Development Bank to invest in Kina and other business stories
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9 Dec 2019 by Leave a Comment
Bank South Pacific’s CEO gives his predictions for 2020
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22 Nov 2019 by Leave a Comment
In this exclusive interview, Bank South Pacific’s Chief Executive Officer, Robin Fleming, speaks with Business Advantage PNG about the real impact of Papua LNG and P’nyang, how power cuts are affecting mobile banking and the prospects for business in 2020.
Papua New Guinea loses 12 places in World Bank’s doing business 2020 rankings
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18 Nov 2019 by Leave a Comment
Papua New Guinea slipped 12 places in the World Bank’s ranking of ease of doing business, but are there any positive signs? David James analyses the report.
In brief: Kingston to get full ownership of Misima gold project and other business stories
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16 Nov 2019 by Leave a Comment
Kingston Resources Ltd reaches an agreement to buy Pan Pacific Copper out of Misima gold project, Papua New Guinea’s new Minister for Environment and Conservation refutes previous investigations on Ramu Nico’s slurry spillage to the Basamuk, and PNG DataCo predicts a 42 per cent slash in internet prices. Your weekly digest of business news.
How changes to Western financial aid strategies will affect Papua New Guinea
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4 Nov 2019 by Leave a Comment
The creation of a one-stop shop US development bank will see a doubling of available infrastructure funding for Asia-Pacific projects, and is expected to boost the PNG Electrification Partnership. It comes as the US, Australia and Japan have unveiled the Blue Dot Network, an initiative designed to compete with China’s Belt and Road Initiative in the Pacific region.
A change of leadership at PNG Power: what next?
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30 Aug 2019 by Leave a Comment
Acting Managing Director Carolyn Blacklock has resigned from state-owned utility, PNG Power. The announcement comes with the state-owned utility on the cusp of launching a new ‘reform agenda’.
In brief: Port Moresby Stock Exchange changes its name and other business stories
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15 Jul 2019 by Leave a Comment
Papua New Guinea’s stock exchange changes its name, Oil Search signs MoU to help sustainable agriculture, and PNG Power reviews financial reporting. Your weekly digest of business news.
Analysis: Electricity, partners and politics in Papua New Guinea
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24 Apr 2019 by Leave a Comment
A big plan to connect 70 per cent of Papua New Guinea to power by 2030 grabbed headlines. Delivering is the true challenge, explains Shane McLeod, research associate working with the Lowy Institute’s Australia-PNG Network.
In Brief: Papua New Guinea reaffirms its commitment to the development of the petroleum and energy sectors and other business stories
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25 Mar 2019 by Leave a Comment
In Brief: Papua New Guinea’s government reaffirms its commitment to the development of the petroleum and energy sectors and other business stories
Innovative solution to delays in Papua New Guinea’s power projects
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20 Mar 2019 by Leave a Comment
Power projects in Papua New Guinea are notorious for taking a long time to get up and running, Independent Power Producers of Papua New Guinea Industry Group Chairman David Burbidge tells Business Advantage PNG. But the group may have a solution.
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