Oil Search leader says PNG ‘well placed’ to manage low commodity price regime, Ok Tedi expected to be profitable, and BSP reports 5 per cent profit increase. Your weekly digest of the latest business news. PNG is well placed to weather the current low world oil price environment, but the Government and industry need to […]
In brief: Call for Papua New Guinea government and industry to weather low commodity prices, and other business stories
Welcome,
24 Feb 2016 by Leave a Comment
In brief: Total to lead Elk-Antelope gas development, and other business stories
Welcome,
4 Mar 2015 by
Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.
In brief: Deal to purchase Motukea for port relocation signed, and other business stories
Welcome,
29 Oct 2014 by Leave a Comment
State Solicitor refuses approval for purchase of Motukea island land for port relocation, Confusion over Ok Tedi compensation payments, report says PNG state-owned enterprises under performing compared to Pacific counterparts. Your weekly digest of the latest business news.
In brief: Funding freeze on Pacific Marine Industrial Zone lifted, and other business stories
Welcome,
17 Sep 2014 by
China lifts freeze on funding for Pacific Marine Industrial Zone, only five SABL leases handed back and Malaysian company to build satellite township in Central province. Your weekly digest of the latest business news.
In brief: Bougainville mining law passed, giving licensing regime to Autonomous Government, and other business news
Welcome,
13 Aug 2014 by
Bougainville’s Autonomous Government moves closer to issuing mining licences, tuna stocks down to 16% of original size and foreign shareholding of NNBPOL won’t exceed 49 per cent. Your weekly digest of the latest business news.
In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories
Welcome,
23 Jul 2014 by Leave a Comment
Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
In brief: Papua New Guinea Treasurer says banks’ kina trading range too high and other stories
Welcome,
25 Jun 2014 by
Banks trading ‘well and above’ preferred kina rate, minister wants business contracts under K10 million to be reserved for Papua New Guineans, and Bakani says reserves will last seven months. Your weekly digest of the latest business news.
USD 0.251
AUD 0.3939
GBP 0.1966
EUR 0.2385
NZD 0.4333
JPY 38.07
SGD 0.3368
Recent readers’ comments