ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall ‘over the near-term’, and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
Posts by Business Advantage PNG
A new Chief Operating Officer at Nautilus Minerals, a new regional Manager at Peopleconnexion and a new Hotel Manager at the Crowne Plaza
Papua New Guinea’s APEC year has started, with the first Senior Officials Meeting now under way in Port Moresby. Recent experience shows the year will be successful, according to the country’s APEC Ambassador, Ivan Pomaleu. David Toua, chair of the APEC Business Advisory Council (ABAC) says it is necessary to support globalisation.
A new Country Representative for the UN in PNG, Senior Taxation appointment at KPMG
Total public debt stands at K23.5 billion, review of gun licences for private security firms likely, and People’s Micro Bank to be commercialised later this year. Your weekly digest of the latest business news.
Control of foreign fishing vessels in international waters is the biggest threat to the South Pacific tuna industry, according to James Movick, Director-General, Pacific Islands Forum Fisheries Agency. He tells Business Advantage PNG that plans to increase aerial surveillance will help detect illegal fishing.
Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.
A new Country Manager at DHL Global Forwarding, two Executive appointments at Air Niugini, PNG Sports administrator appointed to Olympic Ethics Committee
Super fund Nambawan Super is one of the largest sources of investment capital in Papua New Guinea. Paul Sayer was appointed CEO last August; he talks Business Advantage PNG about the fund’s approach to investments.
Business’ failure to pay taxes prompts tax reform review, SABL files go missing in Lands Department, and 30 companies face licence cancellations. Your weekly digest of the latest business news.