Papua New Guinea’s Prime Minister Peter O’Neill has formally tendered his resignation to the country’s Governor-General, Sir Bob Dadae, this morning. The resignation paves the way for Parliament to elect a new Prime Minister. Time will tell if it’s also the end of the People’s National Congress-led government, which has governed Papua New Guinea since 2011.
As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
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The telecom giant Huawei has been blacklisted by the United States, the South Pacific Tourism Organisation has released a positive tourism report for the Pacific region and Papua New Guinea’s Minister for Agriculture introduced the Agriculture Park project to Eastern and Western Highlands provinces. Your weekly digest of business news.
Papua New Guinea’s Prime Minister Peter O’Neill announced his resignation yesterday at a press conference in Port Moresby. The announcement followed the defections on Friday of several MPs to the Opposition, which is now claiming sufficient numbers to form government in its own right.
New Chairman of the Board at the Mineral Resources Authority, Capital Insurance Group welcomes two Independent Board Directors, City Pharmacy Limited announces Board Chairman, new US Ambassador to Papua New Guinea and Vice Chancellor appointed at Unitech.
Finland sets example to fight fake news, how to increase staff productivity, and the correct level of enthusiasm for pitching a business. Readings from around the world on business, leadership and management.
Are Papua New Guinea’s foreign exchange shortages in the past? Take our poll to find out.
Santos to become an stakeholder in the P’nyang natural gas field project, an agreement between five telecom companies seeks to advance digitisation in Papua New Guinea, and upgrades to the Muliama–to–Bakok road due to commence soon. Your weekly digest of business news.