People moves: SP Brewery, Anitua Group, Credit Corporation PNG, PNG Power, Ahi Local Level Government

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SP Brewery announces a new Managing Director, new Chief Financial Officer and Chief Commercial Officer at the Anitua Group, PNG Power names Acting Chief Executive Officer, Credit Corporation PNG appoints General Manager Property, and the Ahi Local Level Government elects a President.

US$10 billion Papua LNG project to go ‘full steam ahead’ in Papua New Guinea

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Papua New Guinea’s Petroleum Minister has announced that the government will honour a gas deal struck with French major Total SA for the US$10 billion Papua LNG project. The project will be the single largest foreign investment in the Pacific country since the advent of the US$19 billion PNG LNG project a decade ago.

In brief: Papua New Guinea approves progress of Pasca LNG project

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Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.

A change of leadership at PNG Power: what next?

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Acting Managing Director Carolyn Blacklock has resigned from state-owned utility, PNG Power. The announcement comes with the state-owned utility on the cusp of launching a new ‘reform agenda’.

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How Papua New Guinea’s public debt has changed since 1990

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Watch how public debt has grown in Papua New Guinea since 1990, based on central bank statistics.

In brief: Newcrest announces results and comments on Wafi-Golpu and other business stories

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Newcrest unveils its 2019 results and comments on Wafi-Golpu, Kingston Resources to increase exploration at Misima and the Investment Promotion Authority revisits K1,000 penalty. Your business digest of business news.

People moves: Cabinet mini-reshuffle, Kina Bank, Steamships, Newcrest, Singapore Government, Port Moresby General Hospital, Bougainville Copper

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Papua New Guinea Government names new Ministers, Kina and Newcrest get new COOs, Steamships appoints a director, new Singapore Honorary Consul-General, new head at Port Moresby General Hospital, and an addition to Bougainville Copper board.

Boardroom briefing: Project Sunrise, goodbye US dollar, and airports and seaports asked to reduce carbon emissions

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The Australian airline company Qantas eyes ‘the final frontier in aviation’, one currency to rule them all, and time has come for airports, ports and other stations to reduce their carbon emissions. Readings from around the world on business, leadership and management.

Gas up but oil down: a monthly review of Papua New Guinea’s commodities and financial markets

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The gas price has increased over the last month, but the oil price has weakened. Cocoa and coffee prices are also down. Business Advantage PNG’s monthly overview of commodity and financial markets.

Investment conference puts Papua New Guinea on the agenda

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The two-day 2019 Business Advantage Papua New Guinea Investment Conference concluded yesterday in Sydney and is being hailed as a success. We report from the annual event.