ADB President announces resignation
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Papua New Guinea’s Minister for Treasury finds the national budget in a ‘much more fragile situation’, K12 billion in unbanked money circulating, and poor regulations may be affecting SMEs. Your weekly digest of business news.
Papua New Guinea’s Prime Minister, James Marape, has issued The Marape Manifesto, a blueprint outlining his priorities in government. It flags some big changes, especially in the resource sector. David James explores.
Prime Minister James Marape has made a pledge to raise Papua New Guinea’s cash revenue to K15 billion over the next two years, Kumul Consolidated Holdings falls K400 million short from what was budgeted for 2019, and a reconciliation ceremony is proposed between the National Government and the Autonomous Region of Bougainville.
Nine qualities every employee should to try to cultivate, sleep could be the secret to successful ventures, and challenges the oil market faces after the attacks in Saudi Arabia. Readings from around the world on business, leadership and management.
A new Opposition Leader is announced and Geopacific Resources appoints a Non-executive Director.
PNG FM appoints a new member to its board, the Institute of Business Studies University welcomes a Chancellor and a resignation at Credit Corporation.
Tips to delegate successfully, Brexit to affect the prices of precious metals, and Port Moresby ranks 135 in the Global Liveability Index. Readings from around the world on business, leadership and management.
Changes to the Oil and Gas Act, Prime Minister James Marape has announced that he wants to get the Wafi-Golpu gold mine ‘operational at the soonest’, and opposition leader Patrick Pruaitch has presented a case to challenge Marape’s election as prime minister. Your weekly digest of business news.
So, the Papua LNG project has been given the all-clear by Minister for Petroleum, Kerenga Kua. The debate about who ‘buckled’ and who kept their nerve will take place, no doubt, but the end of the government’s review into the gas agreement signed in April is to be welcomed.