News

In brief: Morobe government to revisit Hidden Valley agreement and other stories

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

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

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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In brief: New Porgera Limited close to applying for special mining lease and other stories

Barrick executives visit Papua New Guinea for talks about a Special Mining Lease for Porgera, PNG welcomes back cruise ships, and Department of Trade and Investment to become a 'one-stop shop' for foreign investments. Your business news in a nutshell.
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