With the ExxonMobil-led PNG LNG project ‘more than 90% complete’ and due to start exports in the second half of 2014, what are the chances of additional LNG projects for PNG? Business Advantage PNG considers the candidates.
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Papua New Guinea’s Prime Minister Peter O’Neill will open the country’s annual investment conference in Port Moresby next Monday.
Twitter Australia’s Marie Sornin will visit Papua New Guinea next week to speak at the 2013 Papua New Advantage investment summit in Port Moresby. Business Advantage PNG caught up with her briefly to ask her why the Twitter means business.
The PNG Securities Commission says it is not in the national interest for Kulim Malaysia to increase its stake in New Britain Palm Oil Limited (NBPOL).
ASX-listed gold producer, St Barbara Ltd, which owns the Simberi mine in Papua New Guinea’s New Ireland, has posted a full-year net loss of AUD$192 million (K409 million), due primarily to a lower gold price.
Papua New Guinea finance company Moni Plus is in expansion mode, after launching a state-of-the-art online foreign exchange service earlier this year.
Business visitors to Lae have tended to have little choice when it comes to accommodation options, so the opening of the Lae City Hotel in April of this year was greeted with particular interest.
While reduced global commodity prices are having a major impact on Papua New Guinea government revenues this year, there are ‘incipient signs of a turnaround’, according to data published in the latest ANZ Pacific Quarterly, released this week.
We put five quick questions to international economist Tim Harcourt, who will visit Papua New Guinea next month for the 2013 Papua New Guinea Advantage investment summit.
Commercial banks in the Solomon Islands have closed down several logging company bank accounts, in a move that will make it almost impossible for those companies to receive export proceeds.