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In brief: Kina depreciated by 36% since 2012, Reserve Bank governor reveals, and other business stories

26 Oct 2016 by Leave a Comment
Loi Bakani says managing a depreciating kina is 'very difficult', Canadian court to hear appeal against InterOil buyout, and Coffee Industry Corp steps up rehabilitation program. Your weekly digest of the latest business news.
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Gas makes a comeback: a monthly review of Papua New Guinea’s commodities and financial markets

25 Oct 2016 by Leave a Comment
Gas prices have surged over the last month, returning to the price level of a year ago. Oil prices are also up strongly over the month. Coffee prices have moved sideways, while cocoa prices have fallen and palm oil prices are slightly down. Business Advantage PNG’s monthly overview of Papua New Guinea's commodities and financial markets.
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Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson

19 Oct 2016 by Leave a Comment
Times are undoubtedly tough in Papua New Guinea's mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum's Greg Anderson tells Business Advantage PNG there are still 'bright stars' to get excited about.
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Quality security culture depends on managing staff and risk well, says Black Swan’s CEO Brian Kelly

18 Oct 2016 by 1 Comment
The security market in Papua New Guinea is one of the country’s largest industries. Brian Kelly, Chief Executive of Black Swan International tells Business Advantage International that to manage staff effectively there needs to be some special management approaches.
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New exchange may see internet costs in Papua New Guinea fall, says analyst

13 Oct 2016 by 5 Comments
While a consultancy's report has shown that internet costs in Papua New Guinea are amongst the highest in the world, prices are falling. Encouragingly, an agreement announced this week could see internet costs fall even further.
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In brief: Papua New Guinea government seeks K974 million loan from ADB and other business stories

12 Oct 2016 by Leave a Comment
Papua New Guinea's government is seeking K974 million from the Asian Development Bank, Australia to earn negligible royalties from its oil and gas assets, and Newcrest describes conditions as 'tough' in PNG. Your weekly digest of the latest business news.
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In brief: Why Papua New Guinea internet costs are so high and other business stories

6 Oct 2016 by Leave a Comment
A new report outlines ways to improve PNG's internet services, PNG Power to ask for profits to be reinvested in equipment and PM calls for more PPPs in tourism. Your weekly digest of the latest business news.
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