Home  »  News

News

This category can only be viewed by members. To view this category, sign up by purchasing Individual Subscription or Corporate Subscription.

In brief: Papua New Guinea and Twinza reach landmark terms for PASCA project and other business stories

28 Sep 2020 by Leave a Comment
Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville's new president. The business news you need to kickstart your week.
Read More

‘SMEs are hurting’: ANZ’s Mark Baker on the bank’s post-COVID challenges in Papua New Guinea

28 Sep 2020 by 2 Comments
Renegotiating terms or refinancing are proving to be the best way to deal with the shock caused by COVID-19 according to Mark Baker, Managing Director of ANZ Bank Papua New Guinea. In an exclusive interview he tells Business Advantage PNG that improving confidence is the big challenge.
Read More
advertisment

In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories

21 Sep 2020 by Leave a Comment
Papua New Guinea's Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.
Read More

Papua New Guinea could see more than K2.5 billion from regional infrastructure funds

21 Sep 2020 by 4 Comments
Speaking at a Business Advantage PNG webinar, two of the region's largest infrastructure investment funds – the Asian Development Bank and the new Australian Infrastructure Finance Facility for the Pacific – have announced major support for road and electricity projects in Papua New Guinea, with more to come.
Read More

Papua New Guinea introduces supplementary budget to address financial challenges

14 Sep 2020 by Leave a Comment
With Papua New Guinea's Mid-year Economic and Fiscal Outlook predicting government debt will rise to 55 per cent of GDP, its government has announced a supplementary budget to address numerous fiscal challenges. There are also moves for the central bank to print money to fund budget shortfalls.
Read More
Next Page »