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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: Kingston to get full ownership of Misima gold project and other business stories

16 Nov 2019 by Leave a Comment
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

21 Oct 2019 by Leave a Comment
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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In brief: new guidelines for Kumul Petroleum Holdings and other business news

14 Oct 2019 by Leave a Comment
Kumul Petroleum Holding Limited has been asked to cease exploration, drilling and greenfield investments, the World Bank has released an economic update signalling economic slowdown in Asian and Pacific economies, and K92 Mining has released its Q3 results above budget. Your weekly digest of business news.
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In Brief: Papua New Guinea’s Treasurer warns of ‘big and painful’ cuts in Tuesday’s Supplementary Budget and other business stories

4 Oct 2019 by Leave a Comment
Treasurer says Papua New Guinea's Budget deficit far worse than expected, Phillipines to export 5,000 mt of high quality rice to PNG, and Paradise Foods sells its spice business. Your weekly digest of business news.
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In brief: Papua New Guinea’s Prime Minister pledges to raise the country’s cash revenue to K15 billion

18 Sep 2019 by Leave a Comment
Prime Minister James Marape has made a pledge to raise Papua New Guinea's cash revenue to K15 billion over the next two years, Kumul Consolidated Holdings falls K400 million short from what was budgeted for 2019, and a reconciliation ceremony is proposed between the National Government and the Autonomous Region of Bougainville.
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In brief: Oil and Gas Act to be amended and other business stories

9 Sep 2019 by Leave a Comment
Changes to the Oil and Gas Act, Prime Minister James Marape has announced that he wants to get the Wafi-Golpu gold mine 'operational at the soonest', and opposition leader Patrick Pruaitch has presented a case to challenge Marape's election as prime minister. Your weekly digest of business news.
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