In an escalation of the public debate on the ownership of the Ok Tedi mine, the Chairman of the Papua New Guinea Sustainable Development Program Ltd (PNGSDP) has accused the government of ‘stealing’ Ok Tedi Mining Ltd.
Posts by Business Advantage PNG
Fiji’s military rulers and NZ opposition criticise PM for softening sanctions, while PNG marks Independence Day.
Andrew Cooper has been appointed PNG Country Manager for Cardno.
After negotiations which have lasted since January, Bank of South Pacific (BSP ) and Credit Corporation have entered into a ‘Share Sale and Purchase Agreement’, whereby BSP will acquire of Credit Corporation’s financial services businesses, if Credit Corporation’s shareholders approve.
Construction of Papua New Guinea’s national broadband network is progressing, with major milestones set be reached by mid 2015, according to technology consultant Sundar Ramamurthy, who is assisting the PNG government’s Independent Public Business Corporation on the project.
The annual Papua New Guinea Advantage investment summit was held this week in Port Moresby. After two days of discussions, presentations, speeches, dinners and question-and-answer sessions, here are five observations.
The third edition of The PNG Investors’ Manual, a publication designed to help companies do business in Papua New Guinea, was launched on Monday by Papua New Guinea’s Prime Minister, Peter O’Neill.
Will a change of government in Australia affect Manus Island? A pro-Abbott Australian newspaper thinks not. Meanwhile, Papua New Guinea violence goes global … again.
After a troubled history, the gold mine at Mount Kare in Enga Province was now back on track, Stephen Promnitz, Chief Executive Officer of Indochine Mining, told delegates at the Papua New Guinea Advantage 2103 investment summit this week.
Australian miner Newcrest Mining Limited has delisted from the Toronto Stock Exchange.