Latest news

Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.

Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company’s operations in PNG and Solomon Islands.

Work on improving the venues for the BSP PNG Games 2014 has now begun, after organisers signed up more key business sponsors, according to the Chairman of the Organising Committee, Phil Franklin.

The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.

A new Editor for Paradise Magazine, new Directors at Nationwide Microbank, and shake-up of Newcrest Mining executive team.

New land has been made available at Lae Nadzab Airport for growth of a supporting commercial business sector.

The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.

A new marketing manager for Bmobile.

Papua New Guinea’s oil and gas sector has a new player after Singapore-based Puma Energy’s purchase of InterOil Corporation’s downstream business.

While the legal and political repercussions arising from Papua New Guinea’s ‘Parakagate’ anti-corruption enquiry are still being worked out in Port Moresby, social order appears to have been maintained so far. However, the controversy may indirectly affect the progress of some significant new legislation, including that required to establish the country’s Sovereign Wealth Fund.