The week's business news in summary. In Brief is sourced from a variety of Papua New Guinea and international media outlets as a service to our readers. Business Advantage PNG makes no claim for the veracity of third party sources.

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

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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In brief: Porgera Landowners Association presents a petition to renew mining lease and other business stories

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

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

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

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.
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In brief: negotiations for P’nyang hit a wall and other business stories

Minister expresses disappointment over P'nyang negotiations, companies owe about K1.8 billion in salaries and wages to the Internal Revenue Commission, and Australia is set to provide over K1 billion loan to PNG. Your weekly digest of business news.
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In brief: Kingston to get full ownership of Misima gold project and other business stories

Kingston Resources Ltd reaches an agreement to buy Pan Pacific Copper out of Misima gold project, Papua New Guinea’s new Minister for Environment and Conservation refutes previous investigations on Ramu Nico’s slurry spillage to the Basamuk, and PNG DataCo predicts a 42 per cent slash in internet prices. Your weekly digest of business news.
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In brief: Parliament passes 10 Papua LNG Project Amendment Bills and other business stories

Parliament passes Papua LNG Project Amendments Bills, the Minister for Petroleum announces that the P'nyang gas field project will be a standalone project, and Twinza Oil says it expects the first production of liquids from the Pasca A condensate gas field by 2022. Your weekly digest of business news.
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