The Business Council of Papua New Guinea has present its latest macroeconomic outlook, which outlines the risks faced by PNG’s economy and what business needs to recover from the COVID-19 downturn.
In brief: ADB approves K87 million telecommunications investment in Papua New Guinea and other business stories
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7 Sep 2020 by Leave a Comment
The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.
People moves: Papua New Guinea Olympic Committee, Femili PNG, Nasfund, Oceania Customs Organisation
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2 Sep 2020 by Leave a Comment
The Papua New Guinea Olympic Committee welcomes a Marketing and Events Coordinator, Femili PNG announces its Inaugural Patron,the National Superannuation Fund gets two Papua New Guinean stars for the role of Joint Chief Investment Officer and the Oceania Customs Organisation gets a new Enforcement Officer.
Boardroom briefing: managing fraud in the pandemic, Zoom here to stay, and how healthy is your sick leave?
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2 Sep 2020 by Leave a Comment
KPMG looks at fraud risk during COVID, Zoom boosts its forecasts and thousands of Kiwis back changes to sick leave. Readings from around the world on business, leadership and management.
In brief: Ok Tedi to reopen in September and other business stories
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31 Aug 2020 by Leave a Comment
Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.
Papua New Guinea Government moves to take over Porgera lease
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31 Aug 2020 by 6 Comments
Papua New Guinea’s government has moved to effectively take over the Porgera gold mine in Enga Province by issuing a Special Mining Lease to state-owned mining company, Kumul Minerals Holdings. Legal challenges look likely.
Development aid in Papua New Guinea
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24 Aug 2020 by Leave a Comment
An overview of development aid in Papua New Guinea, including the country’s main aid donors and types of aid.
Real estate in Papua New Guinea: a sector profile
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24 Aug 2020 by 2 Comments
A profile of the real estate sector in Papua New Guinea, including relevant regulations, the residential and commercial market and key trends.
In brief: Papua New Guinea and Japan strengthen ties and other business stories
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24 Aug 2020 by Leave a Comment
Papua New Guinea and Japan sign a Statement of Intent, PNG launches a National Energy Policy and potential changes to the way Kumul Petroleum Holdings and Kumul Mineral Holdings operate. The business news you need to kickstart your week.
Mining lease granted for Mayur Resources’ Papua New Guinea cement and lime project
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19 Aug 2020 by 2 Comments
In a development that will give heart to the country’s mining sector, Papua New Guinea’s government has granted a 20-year mining lease to Mayur Resources’ US$350 million (K1.125 billion) Central Cement and Lime Project in Papua New Guinea’s Central Province.
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