Frieda River mine expands into Sepik Development Project

The US$8 billion (K26.5 billion) Sepik Development Project at Frieda River will create 'a new economic corridor' in PNG's northwest. Developer PanAust is suggesting it could give employment to about 5000 people during construction and increase Papua New Guinea’s GDP by K90 billion over 40 years.
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New majority owner of Port Moresby Stock Exchange outlines its plans

The Port Moresby Stock Exchange has new majority owners. So, who's behind Pacific Capital Markets Development and what are their plans for Papua New Guinea's bourse? In this exclusive interview, one of the Principals of Pacific Capital, Frank Dunphy, reveals all to Business Advantage PNG.
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‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country's SOEs and that a fundamental change is necessary if the enterprises are to expand.
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APEC hailed by organisers as a success for Papua New Guinea despite tensions

Papua New Guinea’s hosting of APEC 2018 was a success, say three senior figures involved in its organisation. Ivan Pomaleu, PNG’s APEC Ambassador, suggests that the country achieved all of its goals in spite of the lack of a consensus within the group of 21 nations.
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