The Asian Development Bank is pushing ahead with its efforts to fund the development of Papua New Guinea’s road network. There will be about US$2 billion (K7 billion) in its investment pipeline over the next three years.
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Forestry Minister unveils plans to ‘take back the forestry sector’, Minister for Fisheries says funding is needed for the Pacific Maritime Industrial Zone and the Chamber of Mines and Petroleum questions gold refinery and mint project in Papua New Guinea. The business news you need today.
Papua New Guinea’s Treasurer Ian Ling-Stuckey is expected to deliver his third National Budget tomorrow (Thursday), with a major focus on managing the country’s K6 billion budget deficit.
Rediscovering Port Moresby’s health & fitness destination
How should international businesses behave if they want to be successful in the Pacific? asked a recent Austrade survey. Adrian Weeks, Austrade’s Senior Trade & Investment Commissioner for Papua New Guinea and the Solomon Islands, outlines the thought-provoking results.
Credit Corp announces board appointment and Pacific MMI appoints a new boss.
Imagine all the different items you need to source for a major hotel renovation. And then consider how you’d get them all to a remote part of Papua New Guinea.
Santos and Oil Search merger now in the hands of the ICCC, DataCo reduces wholesale prices by 66 per cent for metro fibre connectivity services, and Treasurer Ling-Stuckey receives report on the Central Bank Act 2000 review. The business news you need to know.
Reductions in the wholesale price of data and prospects for increased competition look set to deliver lower prices for business and consumers in Papua New Guinea, according to Paul Komboi, Chief Executive Officer of state-owned wholesaler, PNG DataCo.
The founder of the Surfing Association of Papua New Guinea has a master plan for a fair go. Paul Chai reports.