Latest news Archives - Page 45 of 143 - Business Advantage PNG

‘On their knees’: Papua New Guinea SMEs closing daily under lockdown

20 Apr 2020 by Paul Chai Leave a Comment

The presidents of Papua New Guinea's two largest business chambers, in Port Moresby and Lae, outline the difficulty for business of life under lockdown, but also point to how PNG's economy can bounce back from the current crisis.
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Debt crisis looming: reports say Papua New Guinea needs new investment

20 Apr 2020 by David James 1 Comment

Papua New Guinea is facing a debt crisis according to new reports from the Asian Development Bank and the World Bank, and the country will need the cash injection of new major investments to avoid 'lacklustre' future growth.
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In brief: Papua New Guinea to receive K4.2 million from the US and other business stories

20 Apr 2020 by Business Advantage PNG Leave a Comment

The United States commits K4.2 million in the fight against COVID-19 in Papua New Guinea, Monoyal project gets positive drilling results and PNG confirms five new cases of COVID-19. The business news you need to kickstart your week.
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In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories

15 Apr 2020 by Business Advantage PNG Leave a Comment

World Bank commits K70 million to help Papua New Guinea in its fight against COVID-19, the Minister for Petroleum gives an update on resource projects and Oil Search successfully completes its equity raise. The business news you need to know to kickstart you week.
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Rooms vacant: Papua New Guinea hotels feel the pinch

15 Apr 2020 by Robert Upe Leave a Comment

Two Papua New Guinea hotels have shut their doors temporarily because of the COVID-19 state of emergency and others have put in place tough measures to guarantee their survival.
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Oil Search capital raising: is stake in PNG LNG project up for sale?

8 Apr 2020 by David James 6 Comments

Papua New Guinea's largest company, Oil Search, is proposing to raise US$700 million (K2.4 billion) to strengthen its balance sheet in response to declining oil prices. The company’s stake in the PNG LNG project may also eventually be on the table.
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East New Britain locked down: business braces for three-week closure

8 Apr 2020 by Paul Chai 2 Comments

With Papua New Guinea’s second case of COVID-19 discovered in East New Britain, the province’s businesses are getting ready for weeks of disruption.
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In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories

6 Apr 2020 by Business Advantage PNG 1 Comment

Papua New Guinea's financial institutions offer businesses support for State of Emergency, Oil Search cuts staff, and Air Niugini to resume flights. The business news you need to kickstart your week.
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Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

6 Apr 2020 by David James 1 Comment

Papua New Guinea’s government has announced its Budget deficit will balloon to more than K6 billion, the biggest in the nation’s history. Treasurer Ian Ling-Stuckey has announced a well-targeted stimulus, but the International Monetary Fund needs to come to the party.
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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 […]

‘On their knees’: Papua New Guinea SMEs closing daily under lockdown

Debt crisis looming: reports say Papua New Guinea needs new investment

In brief: Papua New Guinea to receive K4.2 million from the US and other business stories

In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories

Rooms vacant: Papua New Guinea hotels feel the pinch

Oil Search capital raising: is stake in PNG LNG project up for sale?

East New Britain locked down: business braces for three-week closure

In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories

Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

Papua New Guinea’s state of emergency extended for two more months

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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