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.
Posts by Business Advantage PNG
Worried about the impact of the new minimum wage? The agriculture sector and struggling businesses can apply to pay less than the latest increase, according to analysis provided to Business Advantage PNG by KPMG’s Port Moresby office.
Papua New Guinea’s largest sugar grower, Ramu Agri Industries, is adding value to its sugar harvest with new products. Business Advantage PNG spoke to General Manager Jamie Graham about its production of spirits and ethanol.
Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company’s operations in PNG and Solomon Islands.
Work on improving the venues for the BSP PNG Games 2014 has now begun, after organisers signed up more key business sponsors, according to the Chairman of the Organising Committee, Phil Franklin.
The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.
Business ties between Papua New Guinea and Japan have strengthened following last week’s visit to the country by Japanese Prime Minister Shinzo Abe. Business Advantage PNG discusses the significance of the visit with the Lowy Institute’s Jenny Haywood-Jones.
A new Editor for Paradise Magazine, new Directors at Nationwide Microbank, and shake-up of Newcrest Mining executive team.
Australian-based Kula Gold says the granting of a mining lease to develop its Woodlark Island Gold Project is a ‘milestone’, for both itself and the Papua New Guinea Government. The next step is to confirm financing for the project, Kula’s Chief Executive Officer Stuart Pether tells Business Advantage PNG.
Mobile phone provider Digicel PNG plans to launch its own multi-station television service later this year. The move is the latest in a series of strategic moves to transform the mobile phone company into a broader based media company in Papua New Guinea.