Latest news Archives - Page 37 of 143 - Business Advantage PNG

Commodities update: silver loses shine, cocoa melts but LNG prices rise

29 Sep 2020 by David James Leave a Comment

LNG prices surged, clawing back most of this year’s losses, but oil prices fell. Silver also lost some of its recent spectacular price gains. Business Advantage PNG’s monthly overview of commodity and financial markets.
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In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories

28 Sep 2020 by Business Advantage PNG Leave a Comment

Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville's new president. The business news you need to kickstart your week.
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‘SMEs are hurting’: ANZ’s Mark Baker on the bank’s post-COVID challenges in Papua New Guinea

28 Sep 2020 by David James 2 Comments

Renegotiating terms or refinancing are proving to be the best way to deal with the shock caused by COVID-19 according to Mark Baker, Managing Director of ANZ Bank Papua New Guinea. In an exclusive interview he tells Business Advantage PNG that improving confidence is the big challenge.
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Ready for business: Papua New Guinea’s Ihu Special Economic Zone approved

23 Sep 2020 by Paul Chai 15 Comments

The National Executive Council has given the nod to Papua New Guinea’s first special economic zone. Project Director Peter KenGemar tells Business Advantage PNG about how it could boost local jobs and investment
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In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories

21 Sep 2020 by Business Advantage PNG Leave a Comment

Papua New Guinea's Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.
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Papua New Guinea could see more than K2.5 billion from regional infrastructure funds

21 Sep 2020 by Paul Chai 4 Comments

Speaking at a Business Advantage PNG webinar, two of the region's largest infrastructure investment funds – the Asian Development Bank and the new Australian Infrastructure Finance Facility for the Pacific – have announced major support for road and electricity projects in Papua New Guinea, with more to come.
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Ready to sow: Papua New Guinea’s agriculture sector could rebound next year

21 Sep 2020 by David James 1 Comment

Papua New Guinea’s agriculture sector has been adversely affected by the impact of COVID-19. But according to a report by ANZ Research, exports of agricultural commodities may rebound sharply next year.
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Papua New Guinea introduces supplementary budget to address financial challenges

14 Sep 2020 by David James Leave a Comment

With Papua New Guinea's Mid-year Economic and Fiscal Outlook predicting government debt will rise to 55 per cent of GDP, its government has announced a supplementary budget to address numerous fiscal challenges. There are also moves for the central bank to print money to fund budget shortfalls.
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In brief: Kina Bank set to restock chests and other business stories

14 Sep 2020 by Business Advantage PNG Leave a Comment

Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Commodities update: silver loses shine, cocoa melts but LNG prices rise

In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories

‘SMEs are hurting’: ANZ’s Mark Baker on the bank’s post-COVID challenges in Papua New Guinea

Ready for business: Papua New Guinea’s Ihu Special Economic Zone approved

In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories

Papua New Guinea could see more than K2.5 billion from regional infrastructure funds

Ready to sow: Papua New Guinea’s agriculture sector could rebound next year

Papua New Guinea introduces supplementary budget to address financial challenges

In brief: Kina Bank set to restock chests and other business stories

Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

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