Papua New Guinea is set to introduce new rules for petroleum licenses, according to Kumul Petroleum Holdings Limited Managing Director, Wapu Sonk. In this exclusive interview, he tells Business Advantage PNG the state-owned oil and gas company is about to undergo a transformational change.
Oil and palm oil prices have strengthened but LNG continues to fall. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
NGIP Agmark announces new Chief Operating Officer and the Papua New Guinea Rugby Football League gets a new Head Coach.
Papua New Guinea’s tax agency, the Internal Revenue Commission (IRC), has announced a tax amnesty to encourage the payment of taxes. In this exclusive interview with Business Advantage PNG, Acting Tax Commissioner Sam Koim reveals the IRC’s plans to boost tax compliance.
A profile of the services sector in Papua New Guinea including growth, challenges and potential opportunities.
Minister expresses disappointment over P’nyang negotiations, companies owe about K1.8 billion in salaries and wages to the Internal Revenue Commission, and Australia is set to provide over K1 billion loan to PNG. Your weekly digest of business news.
27 November is looming large as a key date for Papua New Guinea, with the date nominated for concluding negotiations between the State and developers over the ExxonMobil-led P’nyang gas project.
The changes to the Mining Act being considered by the Marape government could benefit the industry, according to John Lewins, Chief Executive Officer of K92 Mining Inc. In this exclusive interview with Business Advantage PNG he explains why.
Air Niugini appoints an Australian Airports Regional Manager (Cairns), Remington Group welcomes a General Manager of Premier Business Solutions PNG, new head fo Association of Election Management Bodies in Melanesia.
An Australia CEO wants to ‘bring some of the glamour back to travel’, hiring MBA graduates may not be the best move for every company, and why one of Papua New Guinea’s best tourist attractions closed indefinitely. Readings from around the world on business, leadership and management.