A new Papua New Guinea Petroleum and Energy Minister amid Cabinet reshuffle, plus changes at Newcrest.
Posts by Business Advantage PNG
PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.
The ban on visas on arrival for Australians entering Papua New Guinea comes into effect on Saturday 1 March, making it harder for Australians to enter PNG now than for many other countries.
Nautilus Minerals intent on deep sea mining, despite cancelling government agreement, says its CEO.
Competition concerns over Elk-Antelope share holdings, ABG keen to re-open Panguna and Treasurer orders bank charges review. Your weekly digest of the week’s business news.
With the PNG LNG project moving from its construction phase into production, a downturn in Papua New Guinea’s building and construction sector is underway, softened somewhat by the national government’s injection of infrastructure spending. But there’s still plenty of work to be done, as Business Advantage PNG reports.
Board changes at Air Nuigini, Talisman Energy’s CEO to step down and other senior appointments.
New Caledonia’s tourism industry finally seems intent on fulfilling its tremendous potential, as new high-end properties open and direct flights to Melbourne are launched.
Several new developments – the creation of a tourism hub at Kokopo (and new direct international flights to service it) and the start of cruise liners visiting remote Milne Bay – indicate progress is being made to develop Papua New Guinea’s tourism industry.
Business in Papua New Guinea is now starting to focus on the looming deadlines for the country’s taxation review – a review that could have major implications for business, including the country’s resources sector.