Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.
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2023: what can Papua New Guinea business expect from the year ahead?
18 Jan 2023 by Leave a Comment
In brief: K92 gets lease extension for Kainantu mine and other business stories
7 Dec 2022 by Leave a Comment
Canadian company K92 Mining gets lease extension, PNG DataCo announces cables damaged after the September earthquake have been repaired and Kina Bank changes plans because of the raise in corporate tax. Your business news, curated and summarised.
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Papua New Guinea’s Treasurer announces largest Budget ever for 2023
7 Dec 2022 by Leave a Comment
The first National Budget of the returned Marape Government predicts record government revenues and expenditure in 2023, with significant increases in spending on infrastructure, law and order, education and health.
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Marape flags new resources regime for Papua New Guinea
7 Dec 2022 by Leave a Comment
Opening the 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney, Prime Minister James Marape has warned investors that changes are coming to Papua New Guinea's resources regime.
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In brief: Prime Minister Marape invites US and China to invest in Papua New Guinea and other stories
23 Nov 2022 by Leave a Comment
Prime Minister James Marape on a free trade agreement with China, invitation to the United States to invest in Papua New Guinea extended, and renewed interest in the Solwara One project.
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Papua New Guinea’s resources sector to gather in Sydney
23 Nov 2022 by Leave a Comment
Next month's 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney (5 to 7 December) will mark the event's return for the first time since the COVID-19 pandemic. Business Advantage PNG previews what to expect.
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Queensland launches new Pacific Trade Strategy
23 Nov 2022 by Leave a Comment
Last week, Queensland Treasurer and Minister for Trade and Investment Cameron Dick visited Papua New Guinea to launch the Australian state’s new Pacific Trade Strategy. Business Advantage PNG caught up with him for an exclusive chat.
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In brief: Morobe government to revisit Hidden Valley agreement and other stories
9 Nov 2022 by Leave a Comment
The Morobe government to revisit Hidden Valley agreement, PNG DataCo still repairing the cables broken in the September earthquake and the Investment Promotion Authority to get a new online registry before the year ends. Business news in summary.
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Foreign exchange shortages still biting business in Papua New Guinea
27 Oct 2022 by 1 Comment
The Bank of Papua New Guinea expects a 'windfall' from higher international commodity prices to alleviate some of the country's foreign exchange shortages. However, anecdotal evidence suggests the forex situation is actually getting worse.
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In brief: Papua New Guinea’s potential to become the Pacific’s ‘Powerhouse’ and other stories
26 Oct 2022 by Leave a Comment
Latest ANZ Pacific Report highlights Papua New Guinea's economic potential, Santos posts record production largely due to PNG and a new partnership between Paradise Foods and PHAMA Plus. Your business news in nutshell.
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