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.

In brief: Papua New Guinea’s Central Bank increases Kina Facility Rate and other business stories

The Bank of Papua New Guinea has increased the Kina Facility Rate, Prime Minister Marape welcomes Telstra, and Phase II of the Central Banking Act gets green lighted. The business news you need today.
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In brief: Papua New Guinea’s Misima project goes for gold and other business stories

Kingston Resources announces strategic review of Misima gold project, Digicel takes PNG Government to court as Telstra takes control, and direct flights to Fiji and Solomons return. The business news you need today.
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In brief: World Bank to fund new agriculture project in Papua New Guinea and other business stories

The World Bank announced new program and generous funding for Papua New Guinea agriculture sector, call centre launched for the 2022 elections and the Civil Aviation Development Investment Program eyes phase 2. The business news you need today.
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In brief: new billion kina electricity project in Papua New Guinea and other business news

The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
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In brief: Pacific nations decline signing economic and security deal with China & other news

Pacific nations, including Papua New Guinea, have declined signing a deal with China, Papua New Guinea Customs expects losses of K200 million and Ihu SEZ commences second phase and gathers interest from several countries. The business news your need.
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In brief: new information system to help drive rural electrification in Papua New Guinea and other stories

New data-driven system to help rural areas get electricity, coffee producer strikes international deal, and Port Moresby’s airport to get new baggage screening system. The news you need today. Mining A new five-year agreement between Ok Tedi Mining Limited (OTML) and the Allied Workers Union was signed last week. The agreement between both parties guarantees […]
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