Australia upgrades Pacific Minister position.
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People moves: Australian government
23 Sep 2015 by Leave a Comment
News
Outsourcing of road design and construction paying off, says Papua New Guinea’s roads chief
21 Sep 2015 by 5 Comments
Major road works in Papua New Guinea are now outsourced to the private sector, under a design-and-build model. The result, says the Secretary of the Works Department David Wereh, is improved performance.
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In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
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People moves: NZ Trade Commissioner, Fiji Trade Commissioner, ANZ Bank
16 Sep 2015 by Leave a Comment
A new NZ Trade Commissioner, a new Fiji Trade Commissioner and the CEO of ANZ Bank to step down
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Construction of Phase Two of Lae port redevelopment to start in 2016
16 Sep 2015 by Leave a Comment
A decision on who will build a second K300 million berth at the Port of Lae is expected by the end of 2015 and construction due to commence in 2016, according to PNG Ports’ Chief Executive Officer, Stanley Alphonse. A new industrial park and an international operator for the port is also on the cards.
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Telikom CEO predicts 100% Papua New Guinea telco coverage within 2 years
16 Sep 2015 by 4 Comments
The CEO of Telikom PNG predicts all Papua New Guinea will be able to connect to the Internet within two years. In a wide-ranging review of PNG’s telecommunications industry, Michael Donnelly canvasses lower prices, new investment, takeovers and the impact of competition policy.
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Port Moresby 2018 APEC Summit to deliver significant opportunities for Papua New Guinea business
9 Sep 2015 by 13 Comments
Papua New Guinea’s APEC 2018 Coordination Authority is on track to deliver its budget for the 2018 event later this year, with interim CEO Christopher Hawkins saying it will highlight the opportunities the business sector can capitalise on.
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In brief: Papua New Guinea Power fast-tracks extra machines to stabilise power in Port Moresby, and other business stories
9 Sep 2015 by Leave a Comment
Port Moresby load shedding after shortfall in generation capacity, NRL rights deal kicks Telikom's purchase of EMTV into touch, Eastern Highlands coffee producers may switch to robusta. Your weekly digest of the latest business news.
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Ten-fold growth in foreign companies investing in Papua New Guinea
9 Sep 2015 by Leave a Comment
Figures presented by the Investment Promotion Authority at the PNG Advantage Investment Summit show a ten-fold increase in investment from foreign companies in Papua New Guinea over the past decade.
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Woodside launches non-binding bid for Oil Search as Papua New Guinea gas attracts attention
8 Sep 2015 by Leave a Comment
Australia’s Woodside Petroleum has launched an A$11.65 billion (K22.83 billion) offer for one of Papua New Guinea's largest companies, Oil Search Ltd. It's the latest in series of moves that has seen several PNG gas-related assets change hands in the past year.
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