About Business Advantage PNG

In brief: Papua New Guinea and Twinza reach landmark terms for PASCA project and other business stories

Welcome,

Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville’s new president. The business news you need to kickstart your week.

People moves: Kina Bank, Mayur Resources, Newcrest Mining and Pacific Trade Invest

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Kina Bank appoints two women to its executive team, Mayur Resources gets a new Non-Executive Director, Newcrest announces changes to its Board of Directors, Pacific Trade Invest appoints new marketing executive.

Boardroom briefing: economies vs. COVID-19, best countries for quality of life and the end of the COVID pandemic

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Looking at the trade-off between savings lives and saving money, female leaders offer citizens the best quality of life, and when will COVID stop? Readings from around the world on business, leadership and management.

In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories

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Papua New Guinea’s Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.

In brief: Kina Bank set to restock chests and other business stories

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Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.

Boardroom briefing: the end of long-haul budget airlines? long live ecommerce and winning the battle of working at home

Welcome,

Cheap long-haul flights in trouble, growth of ecommerce, and the battle of remote working. Readings from around the world on business, leadership and management.

‘PNG Now’: a new magazine for Papua New Guinea launches

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This week sees the launch of PNG Now, a bold new lifestyle magazine for Papua New Guinea.
 

It’s time to devalue the kina, says Business Council

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The Business Council of Papua New Guinea has present its latest macroeconomic outlook, which outlines the risks faced by PNG’s economy and what business needs to recover from the COVID-19 downturn.

In brief: ADB approves K87 million telecommunications investment in Papua New Guinea and other business stories

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The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.

People moves: Papua New Guinea Olympic Committee, Femili PNG, Nasfund, Oceania Customs Organisation

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The Papua New Guinea Olympic Committee welcomes a Marketing and Events Coordinator, Femili PNG announces its Inaugural Patron,the National Superannuation Fund gets two Papua New Guinean stars for the role of Joint Chief Investment Officer and the Oceania Customs Organisation gets a new Enforcement Officer.