Coffee farmers growing pains, how a woman launched a successful food business, and where is all the aid money pledged to Pacific nations? Readings from around the world on business, leadership and management.
News
The creation of a one-stop shop US development bank will see a doubling of available infrastructure funding for Asia-Pacific projects, and is expected to boost the PNG Electrification Partnership. It comes as the US, Australia and Japan have unveiled the Blue Dot Network, an initiative designed to compete with China’s Belt and Road Initiative in the Pacific region.
The global capital markets are concentrating on quality mining assets preferably close to production, according to a panel of experts at the International Mining and Resources Conference in Melbourne. They said that ‘frontier’ countries should be looking widely for capital, particularly in Asia. David James reports.
Ramu Nico Mine resumes operations, Chile’s president cancels the 2019 APEC Leader’s Week, and Bank South Pacific releases its third quarter results. Your weekly digest of business news.
Bank South Pacific welcomes a new Group General Manager Compliance and Pacific Towing appoints a Safety Manager.
Oil and gas have performed strongly, and there is also an upward trend in metals prices. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Newcrest Mining Ltd is still waiting to resume discussions with the Papua New Guinea government to grant a Special Mining Lease to start developing the Wafi-Golpu gold-copper project. The enforced delay has given the company license to focus on its other projects, reports David James.
Koki Fish Market in Port Moresby introduces a fee for traders, pig prices headed for a steep jump, and what a ridesharing company can teach us about gratuity. Readings from around the world on business, leadership and management.
Papua New Guinea’s Mineral Resource Authority has ordered the indefinite closure of Ramu Nickel processing plant operations after it failed to comply with 16 remedial measures issued following a slurry spill into Basamuk Bay on August 24.
PNGX to launch six indices, Oil Search reports sluggish third quarter results, and Geopacific Resources on track to fund Woodlark. Your weekly digest of business news.