News

In brief: Cabinet considers Ramu Valley as a ‘Special Economic Zone’ for agriculture and other business stories

Cabinet considers a plan to turn the lush Ramu Valley into a Special Economic Zone, Microbank aims at 50,000 customers and Nambawan Super's overseas investments down 20 per cent. Your weekly digest of the latest business news.
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Kulim prepares to exit Papua New Guinea with sale of New Britain Palm Oil shares

A new player is preparing to enter Papua New Guinea's palm oil industry, after Malaysian conglomerate Sime Darby was selected as the preferred bidder for Kulim Malaysia’s shares in PNG's largest agribusiness, New Britain Palm Oil (NBPOL). What do analysts think of the move?
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In brief: National Roads Authority and Planning Minister discuss state of PNG roads, and other business stories

National Roads Authority and Planning Minister discuss state of PNG roads, National Airports Corporation releases commercial tenders at POM, and Cue Energy puts PNG assets on market. Your weekly digest of the latest business news.
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In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories

Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
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Agreement with Vodafone UK will allow bmobile to expand and compete, says Ramamurthy

Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company's operations in PNG and Solomon Islands.
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In brief: Government to deliver military infrastructure upgrades, and other business stories

The PNG Government plans to rebuild the country's military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.
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