In brief: Coral Sea Cable wholesale internet rates to plummet and other business stories

Welcome,

New Ireland Province signs deal with Zenith to build three solar plants, inadequate water levels in the Fly River impact Ok Tedi Mining’s operations, and Bmobile and Huawei PNG sign a deal to roll out 5G in Papua New Guinea’s Port Moresby. The business news you need to kick-start your week.

The LNG window is closing, warns Oil Search CEO

Welcome,

As Papua New Guinea awaits the outcome of ongoing negotiations over the P’nyang gas field, Peter Botten, CEO of PNG’s largest company, Oil Search, has hinted that time may be running out to reach an agreement.

2019: the year in review for Papua New Guinea business

Welcome,

A change of government, two budgets, new infrastructure, stalled resources projects – these are just some of the features of the year in business in Papua New Guinea. Here’s how Business Advantage PNG reported on 2019.

Boardroom briefing: who’s about to leave your business, new competition for LNG and social media in PNG

Welcome,

How to tell when your star employees are about to quit, PNG gets competition from China and Russia, and what 549,000 Papua New Guineans did last month. Readings from around the world on business, leadership and management.

People moves: Oil Search, CPL Group, MSME Council

Welcome,

Oil Search appoints Managing Director, City Pharmacy Limited Group announces a new Chief Operations Officer, and MSME Council gets new team of directors.

Technology the key to Papua New Guinea ports’ improved efficiency

Welcome,

Papua New Guinea’s major ports of Port Moresby and Lae have achieved significant efficiencies. In this exclusive interview with Business Advantage PNG, ICTSI Chief Executive Officer Anil Singh outlines the opportunities to grow both ports.

In brief: Asian Development Bank to invest in Kina and other business stories

Welcome,

Kina and the Asian Development Bank join forces, the Bank of Papua New Guinea launches its ‘regulatory sandpit’, and PNG’s first rooftop solar power trial begins. This is your weekly digest of business news.

Boardroom briefing: ExxonMobil to sell assets, tourism workforce and the effects of working abroad

Welcome,

ExxonMobil gets ready to sell assets, a more skilled tourism workforce for the Pacific Islands, and how working abroad affects you. Readings from around the world on business, leadership and management.

People moves: Asian Development Bank, K92 Mining

Welcome,

The Asian Development Bank elects boss, K92 Mining Inc welcomes a new Board Member

In brief: Papua New Guinea’s Treasurer announces a deal to address forex issues and other business stories

Welcome,

Treasurer Ian Ling-Stuckey announces a deal with the Bank of Papua New Guinea to improve the availability of forex in the country, the Australian Government and the International Monetary Fund pledge to help PNG in its medium term revenue strategy, and Lihir Gold Mining Limited to pay K54 million directly to landowners. Your weekly digest of business news.