Latest news Archives - Page 58 of 143 - Business Advantage PNG

Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll

29 May 2019 by Business Advantage PNG Leave a Comment

As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
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Oil and LNG weaken but coffee and cocoa strengthen: a monthly review of Papua New Guinea’s commodity and financial markets

28 May 2019 by David James 2 Comments

LNG has continued its slide and oil prices also weaken but cocoa and coffee prices rise. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
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Bougainville Copper Limited committed to reopening the Panguna mine

15 May 2019 by Kevin McQuillan Leave a Comment

The chairman of Bougainville Copper Limited (BCL), Sir Mel Togolo, has confirmed the company is talking to prospective partners about reopening the mine. But he is unwilling to put a date on when it might reopen.
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Papua New Guinea’s Prime Minister O’Neill announces intention to resign – what happens next?

27 May 2019 by Business Advantage PNG Leave a Comment

Papua New Guinea’s Prime Minister Peter O’Neill announced his resignation yesterday at a press conference in Port Moresby. The announcement followed the defections on Friday of several MPs to the Opposition, which is now claiming sufficient numbers to form government in its own right.
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Papua New Guinea’s National Court puts Wafi-Golpu negotiations on hold pending hearing

13 May 2019 by Business Advantage PNG 1 Comment

Discussions between Papua New Guinea government agencies and the developers of the US$9 billion Wafi-Golpu copper-gold project have been put on hold by the country’s National Court while it considers an application for leave for a judicial review. Meanwhile, work under the project's exploration licence continues.
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Santos to become a stakeholder in the P’nyang natural gas field project

22 May 2019 by David James Leave a Comment

Santos has acquired a 13.5 per cent interest in the P’nyang natural gas field in the PNG LNG project in Papua New Guinea. Analysts are generally bullish on the move, saying the company now has a strong balance sheet and is set to meet its production targets.
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Papua New Guinea’s Parliament adjourned to head off Vote of No Confidence

7 May 2019 by Business Advantage PNG Leave a Comment

Papua New Guinea’s Parliament looked set to address a motion for a Vote of No Confidence in the O’Neill-Abel Government. However, with Parliament adjourned until late May, exactly when or if a vote will take place is a matter of speculation.
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New H2 Sydney–Hong Kong submarine cable could provide branch line to Papua New Guinea

8 May 2019 by Kevin McQuillan Leave a Comment

PNG DataCo is in discussions with the operators of the new H2 undersea cable being laid between Sydney and Hong Kong. A branch line into Papua New Guinea could open up greater global connectivity as well as lower prices and improved reliability.
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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 […]

Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll

Oil and LNG weaken but coffee and cocoa strengthen: a monthly review of Papua New Guinea’s commodity and financial markets

Bougainville Copper Limited committed to reopening the Panguna mine

Papua New Guinea’s Prime Minister O’Neill announces intention to resign – what happens next?

Papua New Guinea’s National Court puts Wafi-Golpu negotiations on hold pending hearing

Santos to become a stakeholder in the P’nyang natural gas field project

Papua New Guinea’s Parliament adjourned to head off Vote of No Confidence

New H2 Sydney–Hong Kong submarine cable could provide branch line to Papua New Guinea

Take our poll on foreign exchange shortages in Papua New Guinea

A tenfold increase in production shows the way forward for fresh produce from Papua New Guinea’s Highlands

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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