In an exclusive interview held at the 2019 Business Advantage Papua New Guinea Investment Conference, Papua New Guinea’s Minister for Commerce and Industry, Wera Mori, tells Business Advantage International’s Publishing Director Andrew Wilkins it’s time for PNG to extend its economic base.
Papua New Guinea might be ‘under-touristed’, but if numbers continue to increase it won’t be that way for long, and that’s great news for the economy. Lisa Smyth reports.
So, the Papua LNG project has been given the all-clear by Minister for Petroleum, Kerenga Kua. The debate about who ‘buckled’ and who kept their nerve will take place, no doubt, but the end of the government’s review into the gas agreement signed in April is to be welcomed.
A Papua New Guinean entrepreneur developed an app to sell power on the streets and partnered with the state-owned energy company PNG Power. His product is helping the community have better access to electricity.
The go-ahead for the US$10 billion Papua LNG project is likely to do much to alleviate some of the financial imbalances in the PNG economy, including the lack of availability of foreign exchange and the weakness of the currency. David James investigates.
MacBook Pro recall due to battery issues, Android simplifies its naming convention and updates its logo, and the best companies to work for in Australia. Readings from around the world on business, leadership and management.
SP Brewery announces a new Managing Director, new Chief Financial Officer and Chief Commercial Officer at the Anitua Group, PNG Power names Acting Chief Executive Officer, Credit Corporation PNG appoints General Manager Property, and the Ahi Local Level Government elects a President.
Papua New Guinea’s Petroleum Minister has announced that the government will honour a gas deal struck with French major Total SA for the US$10 billion Papua LNG project. The project will be the single largest foreign investment in the Pacific country since the advent of the US$19 billion PNG LNG project a decade ago.
Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.
In an exclusive interview with Business Advantage PNG, ratings analyst Rebecca Hrvatin, says PNG’s fiscal imbalances will improve—provided the Papua LNG project continues as planned.