Future of government shareholding in Oil Search revealed next month, former planning minister guilty of corruption, BHP sees long-term future in gas and other local and regional stories.
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.
Four new mines to come on stream within 10 years, Corruption Commission next year and other local and regional stories.
Bank governor unfazed by kina fall, O’Neill welcomes Chinese investment, Morauta says deportation indicates climate of fear, and other local and regional stories.
Among our stories this week: the PM backs Purari River, National Roads Authority chief outlines Papua New Guinea’s roads challenge and a new INA report outlines impediments for the private sector.
The O’Neill government seeks legal advice on the Nautilus ruling and other local and international stories.
Credit Corporation shareholders decide not to sell up to BSP, while Papua New Guinea business visa fees rise sharply and Ok Tedi landowners threaten to close the mine in the latest dispute over the government’s takeover.
A new ring road being built ahead of the 2018 APEC summit, diplomats warned and other local and international stories.
PNG Teachers vote down selling Credit Corp and other local and regional news.
National Development Bank under-funded, Indochine Mining makes loss and PM flags constitutional reform and more stories in brief.
Attempts to understand the Ok Tedi acquisition and a powerful television report on corruption in Papua New Guinea, plus a golfing coup for Fiji.