The National Executive Council appoints heads of statutory bodies, Prime Minister James Marape names an Special Envoy on Papua New Guinea Foreign Matters, and the Simbu Limestone Project welcomes a Managing Director.
News
The World Bank has released its latest half-yearly appraisal of Papua New Guinea’s economy. It confirms PNG’s economy contracted last year but predicts it will bounce back over the next three years, subject to some ‘rising uncertainties’.
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
Harmony Gold Mining is evaluating options to extend the life of the Hidden Valley mine in Papua New Guinea, Harmony’s CEO for South East Asia, Johannes Van Heerden tells Business Advantage PNG.
Google hires about 10,000 humans to improve search results, Papua New Guinea’s ‘annual half-time score on the economy’, and Instagram rolls out its ‘like’ test in more countries. Readings from around the world on business, leadership and management.
Trukai Industries welcomes a General Manager, Sales and Marketing, and Oil Search announces four new appointments.
Oil Search has cut its 2019 capital spending budget, delays in the Wafi-Golpu project has lead to job loss, and Bank South Pacific reports liquidity in Papua New Guinea’s banking sector has decreased. Your weekly digest of business news.
Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.
PNGX, Papua New Guinea’s renamed stock exchange, has announced proposals to establish trade in government and private debt. It may lead to a significant deepening of the PNG financial system. David James reports.
Tech emerging markets are cradle for digital experiments, best business documentaries, and food waste to power-up start-ups. Readings from around the world on business, leadership and management.