The latest business news from Papua New Guinea and the region
A project to build a refinery and mint facility in Port Moresby could put Papua New Guinea in the ‘world gold map’, Bougainville to receive K50 million electricity support package, and new agribusiness development in Western Province. The business news you need today.
While it awaits clarity from government on its future, Papua New Guinea’s troubled tourism industry has come up with some of its own ideas on how to restart international tourism to the country. Here’s what some of the key operators told Business Advantage PNG.
Dirio ready to supply power to Port Moresby’s grid, Oil Search revenue and production increases, and two SMEs join forces to host a challenge for Papua New Guinea’s entrepreneurs. The business news you need today.
While businesses have adjusted to Papua New Guinea’s Niupela Pasin protocols for managing COVID-19, the delta strain is proving a major challenge. Business Advantage PNG examines how the business community is responding.
A US$1.6 billion (K3.51 billion) deal has been struck for Australia’s largest telco to acquire Digicel Pacific, Papua New Guinea and the Pacific’s largest telecommunications business.
Total E&P’s MD outlines Papua LNG schedule, the Internal Revenue Commission signs Memorandum of Agreement with the SME Corporation and Air Niugini to resume services to Sydney. The business news you need today.
A ‘commencement agreement’ has been hailed by Papua New Guinea’s government and Barrick Niugini as a ‘crucial step’ in the process of reopening the country’s largest gold mine. Business Advantage PNG considers what still needs to happen for the mine to return to productivity.
Barrick’s CEO Mark Bristow is in Papua New Guinea to advance Porgera talks, K92 Mining announces expansion, and Eastern Highlands Province in lockdown. The business news you need today.
Papua New Guinea’s economic performance is projected to remain subdued for the rest of 2021 but rebound in 2022, according to the World Bank’s latest East Asia and Pacific Economic Update.
Crowdfunding and a new listed fund are in the pipeline at Papua New Guinea’s stock exchange, PNGX, as it looks at new ways of grow the country’s capital markets and encourage SMEs.