In brief: Papua New Guinea’s rating outlook falls to negative with Moody’s downgrade, and other business stories

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20 May 2015 by Business Advantage PNG

Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Australia Papua New Guinea Business Council, BHP Billiton, Bmobile Vodafone, BSP Financial Group, Department Trade Commerce and Industry, InterOil Corporation, Manufacturers Council of PNG, Moody's, National Food and Sanitation Council, PNG Energy, PNG LNG, Santos, Special Agricultural Business Leases

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: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories

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1 Apr 2015 by Business Advantage PNG Leave a Comment

Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.

Filed Under: News Tagged With: Asian Development Bank (ADB), Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Coffee Industry Corporation (CIC), Department of Mineral Policy, ExxonMobil PNG, Independent Consumer and Competition Commission, Kina Petroleum, New Britain Palm Oil (NBPOL), PanAust, Parties to the Nauru Agreement, PNG Power, Santos, Secretariat of the Pacific Community

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)

People moves: Santos, National Research Institute, PNG Rugby League

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11 Mar 2015 by Business Advantage PNG

A new Chairman for Santos, the Director of the National Research Institute to stand down, the CEO of the PNG Rugby League quits.

Filed Under: Latest news, News, People moves Tagged With: National Research Institute, Santos

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 (Parent company and all subsidiaries), 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

In brief: Air Niugini expands services with Melanesian partnership, and other business stories

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18 Feb 2015 by Business Advantage PNG

Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, BSP Financial Group, Cott Oil and Gas, Cue Energy Resources, European Union, ExxonMobil PNG, Highlands Pacific, InterOil Corporation, National Fisheries Authority (NFA), Nautilus Minerals, New Britain Palm Oil (NBPOL), Newcrest Mining, Ok Tedi Mining Ltd (OTML), Port Moresby Chamber of Commerce and Industry, Santos, Sime Darby, Sovereign Wealth Fund, Steamships, Trukai Industries, Westpac

In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

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28 Jan 2015 by Business Advantage PNG Leave a Comment

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.

Filed Under: Banking and finance, Business services, Fisheries, Hospitality & tourism, In brief, Latest news, Manufacturing, Mining/petroleum, News Tagged With: Bima, BSP Financial Group, Coffee Industry Corporation (CIC), Digicel (Parent company and all subsidiaries), ExxonMobil PNG, Fiji Sugar Corporation, InterOil Corporation, Kokonas Indastri Koporesen, Nambawan Seafoods, Niuminco Group, O3b networks, Oil Search Ltd, Pacific Games, Philippine Airlines, Port Moresby Chamber of Commerce and Industry, Puma Energy, Santos, Total SA, World Bank

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 Business Advantage PNG

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.

Filed Under: In brief, Latest news, News Tagged With: Coffee Industry Corporation (CIC), Credit Suisse Group, ExxonMobil PNG, Horizon Oil, Institute of National Affairs, Kumul Petroleum, Nambawan Super, NASFUND, Oil Search Ltd, Ok Tedi Development Foundation, PanAust, PNG LNG, PNG Petroleum, Santos

In brief: the first stage of Lae’s port upgrade is completed, and other business stories

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14 Jan 2015 by Business Advantage PNG

Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, Coffee Industry Corporation (CIC), Crater Gold Mining, Department of National Planning and Monitoring, Harmony Gold, Highlands Pacific, Institute of Banking and Business Management, InterOil Corporation, Kumul Petroleum, Lae port, Newcrest Mining, Ok Tedi Development Foundation, Papua New Guinea Chamber of Resources and Energy (PNG CORE), Philippine Airlines, PNG Gas, PNG LNG, Respol, Santos, Talisman Energy, tuna

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]

Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
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 […]