O’Neill indicates government may open up petrol supply market, Australia questions if vegetable import ban breaches global trade rules, and plans for an 800,000 hectare forest in Western Highlands. Your weekly digest of the latest business news.
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PNG Prime Minister Peter O’Neill says the current wave of economic reforms are vital if the country is to be competitive and living standards rise. He spoke to Business Advantage PNG after addressing the Advantage Investment Summit in Brisbane last week.
A founding shareholder in the PNG LNG project, Santos, says it will carry out a ‘full strategic review’ of its operations, after losing more than A$8 billion in market value in the first half of 2015.
The opening address by Papua New Guinea Prime Minister, Peter O’Neill, is expected to be the highlight of day one of the PNG Advantage Summit in Brisbane this week.
Santos CEO to step down, the board of Konebada Petroleum Park Authority announced and a new Country Manager for BSP in Solomon Islands, and a former Digicel executive starts a new recruitment company
O’Neill says India keen to buy PNG gas, industry divided over vegetable import ban, and Konebada Petroleum Park Authority signs feasibility study deal. Your weekly digest of the latest business news.
Sewa Bay shows potential for Highlands Pacific, El Nino weather conditions to continue into 2016, and import ban on fruit and vegetables. Your weekly digest of the latest business news.
A new Chairman at Digicel PNG Foundation, senior BSP appointments in Solomon Islands, Cott Oil and Gas MD to step down.
Following the passage of enabling legislation in the last sitting of Papua New Guinea’s National Parliament, the long-awaiting restructure of state assets and enterprises under the Kumul name is set begin, with Prime Minister O’Neill setting a target of 1 January 2016 for the transfer of state assets to their new homes.
The Papua New Guinea government has acknowledged the need for action to deal with a worsening Budget deficit, blaming lower global commodity prices.