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In brief: new round log export tax levy could break the forestry industry and other business stories

27 Jan 2020 by Leave a Comment
Forestry industry says new export tax levy could spell the end, Wafi-Golpu Joint Venture to lay off employees and P'nyang negotiations edge towards deadline. The business news you need to kick-start your week.
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Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

lock icon22 Jan 2020 by
ExxonMobil and the government-appointed State Negotiating Team have until the end of January to negotiate an agreement for the P’nyang gas project, says Minister for Petroleum.
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In brief: Porgera Landowners Association presents a petition to renew mining lease and other business stories

20 Jan 2020 by Leave a Comment
The future could look bright for Porgera gold mine, Western Province announces its position on P'nyang, and Papua New Guinea's Treasurer says non-resource growth for 2020 is projected at 3.3 per cent. The business news you need to kick-start your week.
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Transparency report shines light on Papua New Guinea’s extractive sector

lock icon20 Jan 2020 by
Although the extractive sector continues to be responsible for the bulk of Papua New Guinea’s exports, the latest Papua New Guinea Extractive Industries Transparency Initiative report has found that revenues to government remain comparatively small. Here’s what you need to know.
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People moves: National Executive Council, Airswift, PNG Air, Lae, Bougainville, Pacific Trade Invest

14 Jan 2020 by Leave a Comment
The National Executive Council appoints a new Petroleum and Energy Secretary, Airswift announces a General Counsel, PNG Air gets a new Chief Financial Officer, Lae names a District Administrator, the Autonomous Region of Bougainville re-shuffles its cabinet and an Acting Trade Commissioner joins Pacific Trade Invest New Zealand.
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In brief: Coral Sea Cable wholesale internet rates to plummet and other business stories

13 Jan 2020 by Leave a Comment
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.
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