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.
Latest news
The latest business news from Papua New Guinea and the region
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.
Not even a pandemic could stop the new Gordons Plaza from opening. Brian Bell CEO Cameron McKellar talks to Business Advantage PNG about the challenges of launching in the times COVID-19.
Oil Search shrinks its employee base, Coca-Cola Amatil PNG invests K155 million in infrastructure upgrades and bmobile and Telikom’s merger expected later this year. The news you need to kickstart your week.
Oil and LNG prices have recovered to some extent and copper has also bounced back. Palm oil prices have strengthened but cocoa is weaker. Business Advantage PNG’s monthly overview of commodity and financial markets.
Papua New Guinea’s Prime Minister travels to Lae for Wafi-Golpu project, the Minister says PNG is open to welcoming new ICT operators, and confirmed COVID-19 cases increase as PNG adapts to the Niupela Pasin or ‘new normal’. The business news you need to kick start your week.
Barrick Niugini, the majority owner and operator of the Porgera gold mine, has announced that it will be retrenching most of its workforce over the coming weeks. Meanwhile, Papua New Guinea’s government seems intent of finding a new operator for the mine.