Readership of businessadvantagepng.com has soared during the COVID-19 pandemic and State of Emergency in Papua New Guinea.
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Record online readership for Business Advantage PNG
17 Jun 2020 by 2 Comments
Amendments to Papua New Guinea’s Mining Act provide for State to take a more active role
17 Jun 2020 by 7 Comments
Amendments to the Mining Act 1992 have been passed in parliament, with Mining Minister Johnson Tuke explaining it is a step towards ‘taking back’ Papua New Guinea. Meanwhile, industry representatives have expressed some deep concerns.
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Back to business: Papua New Guinea ends state of emergency
17 Jun 2020 by Leave a Comment
Trading is returning to a 'new normal' as Papua New Guinea's COVID-19 state of emergency ends. But a recent survey conducted by the Business Council of PNG indicates a return to 'business as usual' will take time.
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In brief: Horizon Oil clears its name and other business stories
15 Jun 2020 by Leave a Comment
An investigation has cleared Horizon Oil of any wrongdoings in Papua New Guinea, PNG amends Oil and Gas Act and NASFUND revamps its image. The business news you need to kickstart your week.
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Oil change: Marape to alter Papua New Guinea’s oil and gas legislation
15 Jun 2020 by 9 Comments
Prime Minister James Marape has introduced changes to Papua New Guinea’s oil and gas law, claiming it will benefit the country’s ‘national interest’. The changes may well represent a major shift in the way projects are developed in the future.
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In brief: Oil Search back trading on PNGX and other business stories
10 Jun 2020 by Leave a Comment
Oil Search back trading on PNGX, new wholesale internet prices coming and ambitions plans for PNG's cocoa industry. Your latest summary of the business news you need to know.
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Porgera: Barrick can challenge decision to end mining lease
10 Jun 2020 by Leave a Comment
Papua New Guinea's National Court has granted Barrick Niugini leave for a review of the decision not to extend the Special Mining Lease for the Porgera gold mine. Related disputes have also arisen, and the Prime Minister has flagged 'minor amendments' to PNG's Mining Act.
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Oil Search shares suspended on Papua New Guinea’s stock exchange
3 Jun 2020 by Leave a Comment
Oil Search, Papua New Guinea’s biggest company, has been suspended from trading on PNGX, the country's stock exchange, amidst claims that it did not follow proper procedure in its recent capital raising – claims the company is refuting.
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Papua New Guinea’s state of emergency extended by two weeks
3 Jun 2020 by Leave a Comment
Parliament has voted to extend Papua New Guinea's state of emergency by two weeks while it debates how the country will look when the restrictions are eventually eased.
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In brief: Papua New Guinea ‘will shortly be sending Exxon’ its final position for P’nyang and other business stories
1 Jun 2020 by 1 Comment
Papua New Guinea's Prime Minister, James Marape, talks about the delays in resources projects, Air Niugini through its subsidiary Link PNG could purchase up to 60 per cent of shares in PNG Air and K113,000,000 from the COVID-19 stimulus package will be used to improve food security and strengthen agriculture production.
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