The progress of Papua New Guinea’s next major gas project, Papua LNG, appears on schedule as operator TotalEnergies announces the project is entering its front end engineering and design (FEED) stage. The company is promoting the project’s low carbon credentials.
Barrick says ‘all we need is for a shareholders agreement’ to restart Porgera, Air Niugini outperforms Australian airlines, and Harmony Gold indicates Wafi-Golpu’s negotiations continue to progress. The business news you need.
Deputy Chair leaves Harmony Gold, a new director at Credit Corp and resignation at Nambawan Super.
Women around the world are making a mark in fields previously seen to be male-dominated, the field of science included. The Sea Women of Melanesia (SWOM) is an exceptional example of Papua New Guinean women making an impact in marine conservation.
The Bank of Papua New Guinea has increased the Kina Facility Rate, Prime Minister Marape welcomes Telstra, and Phase II of the Central Banking Act gets green lighted. The business news you need today.
Two executives join the City Pharmacy Limited Board, new Strategy and Transformation Senior Manager at PwC Papua New Guinea, and Vodafone PNG appoints Government Affairs Manager.
In late 2021, PNG’s largest superannuation find, Nambawan Super, increased its holding in Paradise Company Limited, owner of Paradise Foods and Laga Industries, to 100 per cent. Michael Penrose, Paradise’s CEO, tells Business Advantage PNG how the fund’s support is helping the food manufacturer expand.
Papua New Guinea’s economy has weathered the COVID pandemic well, according to the International Monetary Fund’s latest Article IV assessment, completed last week. While the assessment paints an improved picture over the medium term, it flags some key reforms that PNG’s government still needs to address.
The Pacific Island Forum (PIF) was held last week in Suva. New faces, more journalist and the launch of the 2050 Strategy for the Blue Pacific Continent spell the success of this meeting. Dr Tess Newton Cain and journalist Stefan Armbruster analyse the meeting and what it could mean for the future of the region.
As the world moves on from quarantines and lockdowns, and figures out how to live with COVID-19, international borders are slowly opening back up, allowing tourists to fulfil their wanderlust. Papua New Guinea has myriad amazing, Instagram-worthy places to visit.