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In brief

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: ICCC says changes to electricity supply industry may affect Papua New Guinea’s electricity access goals

lock icon28 Jul 2021 by
The ICCC Commissioner issues warning about 'complete chaos' with the National Electricity Authority Act, Treasurer gives hope to potential overseas workers, and Nasfund opens a service centre in Maprik. The business news you need today.
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In brief: Kina Bank’s new loan for SMEs in Papua New Guinea and other business stories

19 Jul 2021 by Leave a Comment
Kina Bank announces K50 million for small and medium-sized businesses, Prime Minister Marape’s update on mining projects, and BSP Financial Group cautiously optimistic about Papua New Guinea’s post-COVID recover. The business news you need today. Ports Atlas Steel PNG has been awarded a contract under the PNG Ports Safety and Security Upgrades Program to supply […]
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In brief: Freeport to acquire assets in Papua New Guinea and other business stories

12 Jul 2021 by Leave a Comment
Potential new owner for the Yandera copper project, proposed levy for balsa wood and BSP Financial Group halts trading on the ASX amidst accusations of breaches to anti-money laundering laws. The business news in brief.
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In brief: More than a billion kina for ‘maritime infrastructure’ and other business stories

7 Jul 2021 by Leave a Comment
PNG Ports announced a K1.1 billion partnership with Australia for maritime infrastructure, Geopacific Resources gets funding for Woodlark Island gold mine and new training program for SMEs. The business news in brief.
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In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

23 Jun 2021 by Leave a Comment
BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.
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In brief: new telecommunications project for Papua New Guinea and other business stories

16 Jun 2021 by Leave a Comment
The Asian Development Bank and ATH partner to develop a new mobile broadband telecommunications network in Papua New Guinea, the National Airports Corporations partners with the Fly River Provincial Government and PNG to redevelop the meat industry. The business news in brief.
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