The Papua New Guinea Government has tabled in Parliament its proposed changes to the country’s constitution, reflecting the state’s ownership of hydrocarbons and minerals. Vaughan Mills and Sarah Kuman analyse the implications of these amendments.
Posts by Business Advantage PNG
The Bank of Papua New Guinea this week made a surprising move to support a weakening currency, at the same time acting to restrict the margins being made by the country’s foreign exchange dealers.
A new CEO for the PNG Chamber of Commerce and Industry, a new Chief Operations Officer for Water PNG and changes to Cue Energy’s board.
O’Neill seeks judicial review of Ombudsman’s direction to freeze loan for Oil Search shares, Treasurer predicts annual K10 billion boost from LNG, and food labelling must now be in English. Your weekly digest of the latest business news.
Coffee farmers in the Papua New Guinea’s Western Highlands and Jiwaka provinces are planning to capitalise on the growing global demand for sustainable Arabica coffee. With the help of a young entrepreneur who grew up on plantations in the region, they have an ambitious plan to double annual production within two years.
Ending violence, positive discrimination policies, promotion of women and expanding opportunities for women are the four key ways to get more women into business, according to Lesieli Taviri, Chair of the newly-formed Business Coalition for Women.
Commercial real estate activity in Port Moresby and Lae remains strong despite a fall in demand for executive rentals associated with the winding down of the six-year construction phase of the ExxonMobil-led LNG PNG project.
Australia’s ROC Oil is pushing ahead with its move into Papua New Guinea through a merger with Horizon Oil, one of the companies behind the Stanley gas project in Western Province.
Cabinet to ban SABLs, Telikom prepares for transition to becoming a retailer, and a possible eight-year delay in upgrading Lae airport. Your weekly digest of the latest business news.
A new Chief Operating officer at Water PNG, a new Country Manager for the World Bank and a new Managing Director for Mayur Resources