Oil Search to undergo a strategic review, Newcrest remains positive about Wafi-Golpu and public consultation on internet pricing. The news you need to kickstart your week.
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The latest business news from Papua New Guinea and the region
The number of Papua New Guinea’s COVID-19 cases has increased to over 60. In response, the country’s COVID-19 Pandemic Response Controller, David Manning, has issued new control measures in an effort to prevent further spread.
Over two-thirds of Papua New Guinean businesses have experienced a ‘very negative’ impact from the COVID-19 crisis, according to a recent survey. Uncertainty over the duration of the crisis is considered to be the greatest challenge.
Prime Minister James Marape and Barrick Gold have offered two competing visions for the reopening of the Porgera gold mine. With the mine closed and court cases ongoing, the latter is highlighting the impact on business and the community.
Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.
The timing of new tariffs affecting Papua New Guinea’s agriculture sector could not come at a worse time, according to the CEO of the country’s largest employer, New Britain Palm Oil.
Papua New Guinea’s business community is getting behind the fight to eradicate violence against women. Business Advantage PNG looks at just some of the initiatives being pursued following the recent widely-reported murder of a young mother in Port Moresby.
NBPOL claims tariffs, fees and levies are hurting agriculture, SMEs to benefit from government’s stimulus and government owes over K1 billion to businesses. The business news you need to kickstart your week.
In its latest step to maintain its position as operator of the Porgera gold mine, Barrick (Niugini) is taking its dispute with Papua New Guinea to the International Centre for Settlement of Investment Disputes.
Presenting the latest World Bank economic update for Papua New Guinea, PNG country economist Ilyas Sarsenov says its government has responded well to the challenges of COVID-19 but hard choices lie ahead.