Horizon Oil has announced that it is selling its assets to its co-venturer Arran Energy and pulling out of Papua New Guinea. The prospect of a weak oil price may be to blame, according to one analyst.
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SME Business Advisor Akae Beach, from Beach Accounting Advisory, looks at the pros and cons of taking part in the Papua New Guinea government’s SME concessional loan plan.
The travel industry has borne the brunt of restrictions during the global pandemic, but things are gradually returning to a new normal in Papua New Guinea. Business Advantage PNG looks at the latest travel advisories.
The National Development Bank gets a new head, PNG Customs appoints a new Chief Commissioner, NICTA announces changes, senior appointments at BSP, the Hilton Hotel in Port Moresby welcomes a General Manager and PNG Rugby Football League names an Acting CEO.
Talking politics in the office, COVID mental health impact and how to tell if a job candidate is lying. Readings from around the world on business, leadership and management.
Mayur Resources has just released its annual report, providing an update on its diverse portfolio of mining and energy projects in Papua New Guinea, including the Central Cement and Limestone project.
Datec has been put up for tender, Horizon Oil set to leave Papua New Guinea and K92 Mining plans for investment. The business news you need to kickstart your week.
Zha Agabe-Granfar, founder of Verge, a boutique digital and design solutions agency based in Port Moresby, shares her top advice for SMEs seeking to thrive in the digital space: trust is king.
Papua New Guinea is increasing its debt by less than other nearby nations and the contraction of its economy is not expected to be as severe as the world average, says a Kina Bank report.
Last week, I sat down with the heads of three of Papua New Guinea’s leading companies – Kina Bank, Steamships Trading Company and Paradise Foods – to discuss leadership during COVID-19, among other topics.