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Papua New Guinea LNG projects viable, despite low commodity prices, says Oil Search’s Botten

2 Sep 2015 by Business Advantage PNG Leave a Comment

Gas projects in Papua New Guinea are extremely viable, despite the downturn in oil and gas prices, the Managing Director of Oil Search, Peter Botten, has told the 2015 PNG Advantage Investment Summit in Brisbane.
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Spending cuts loom in Papua New Guinea Supplementary Budget; central bank governor to review kina restrictions

2 Sep 2015 by Business Advantage PNG 1 Comment

The Papua New Guinea government will cut K1.6 billion in expenditure from its 2015 Budget, and may seek further cuts of K1 billion, according to Treasury Secretary, Dairi Vele.
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Papua New Guinea Prime Minister says reforms must make up for ‘lost opportunities’

2 Sep 2015 by Business Advantage PNG Leave a Comment

PNG Prime Minister Peter O’Neill says the current wave of economic reforms are vital if the country is to be competitive and living standards rise. He spoke to Business Advantage PNG after addressing the Advantage Investment Summit in Brisbane last week.
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Security in Papua New Guinea moving beyond ‘Guards, Gates and Guns’ says Black Swan’s Kelly

27 Aug 2015 by Business Advantage PNG 6 Comments

The CEO of expanding security firm Black Swan International believes a successful long-term approach to security involves decreasing risk, decreasing costs and increasing productivity. Brian Kelly spoke to Business Advantage PNG.
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PNG LNG project may prove to be Santos’ saviour as profit slumps 82%

27 Aug 2015 by Business Advantage PNG Leave a Comment

A founding shareholder in the PNG LNG project, Santos, says it will carry out a ‘full strategic review’ of its operations, after losing more than A$8 billion in market value in the first half of 2015.
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Kumul restructure to be complete by start of 2016: Prime Minister O’Neill

19 Aug 2015 by Business Advantage PNG Leave a Comment

Following the passage of enabling legislation in the last sitting of Papua New Guinea's National Parliament, the long-awaiting restructure of state assets and enterprises under the Kumul name is set begin, with Prime Minister O'Neill setting a target of 1 January 2016 for the transfer of state assets to their new homes.
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Disaster planning in the Pacific: insurance industry can help

19 Aug 2015 by Business Advantage PNG Leave a Comment

Asian Development Bank analysis showing just how vulnerable Pacific nations are to natural disasters, but what can be done to better manage the risk? Wayne Dorgan from leading Papua New Guinea insurer Pacific MMI calls on disaster co-ordinators in the region to consult more closely with the insurance industry.
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ANZ presents its vision for future of Papua New Guinea electricity

19 Aug 2015 by Business Advantage PNG Leave a Comment

ANZ's timely discussion paper, 'Powering PNG into the Asian Century', argues for further reform in Papua New Guinea's electricity sector and a greater reliance on newer, cleaner energy technologies.
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Supplementary Budget on the cards after Papua New Guinea Treasury flags worsening deficit

12 Aug 2015 by Business Advantage PNG 6 Comments

The Papua New Guinea government has acknowledged the need for action to deal with a worsening Budget deficit, blaming lower global commodity prices.
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Papua New Guinea mining sector: not all bad news

12 Aug 2015 by Business Advantage PNG 1 Comment

The latest closure of the Ok Tedi mine reminds us that disruptions at major mining operations in Papua New Guinea are nothing new. While the closure is undoubtedly a setback, Business Advantage PNG's survey of PNG's other major mines suggests prospects for the mining sector are more positive.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Sections

Papua New Guinea LNG projects viable, despite low commodity prices, says Oil Search’s Botten

Spending cuts loom in Papua New Guinea Supplementary Budget; central bank governor to review kina restrictions

Papua New Guinea Prime Minister says reforms must make up for ‘lost opportunities’

Security in Papua New Guinea moving beyond ‘Guards, Gates and Guns’ says Black Swan’s Kelly

PNG LNG project may prove to be Santos’ saviour as profit slumps 82%

Kumul restructure to be complete by start of 2016: Prime Minister O’Neill

Disaster planning in the Pacific: insurance industry can help

ANZ presents its vision for future of Papua New Guinea electricity

Supplementary Budget on the cards after Papua New Guinea Treasury flags worsening deficit

Papua New Guinea mining sector: not all bad news

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

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