Search Results for: Papua LNG

‘Exponential growth’ for Papua New Guinea’s construction sector, says Monier’s CEO

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Papua New Guinea’s construction sector is on the move thanks to major new public investment in infrastructure, according to George Constantinou, head of Monier Limited and Hebou Construction at the Constantinou Group of Companies.

In brief: World Bank report says GDP in Papua New Guinea is expected to grow and other business stories

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The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.

Rising oil price to impact Papua New Guinea, says Puma Energy Country Head

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The rising oil price will have a significant impact on Papua New Guinea this year, according to the Country Manager and Director for Puma Energy, Hulala Tokome.

In brief: new rules for international travellers visiting Papua New Guinea and other business stories

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Vaccination requirements and 60-day approvals for international travellers, PNG DataCo gets over K60 million worth of Telikom assets and Santos strikes deal with newly minted joint venture. The business news you need today.

Papua New Guinea’s Ihu Special Economic Zone builds momentum

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Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.

2022: what can Papua New Guinea business expect from the year ahead?

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Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.

‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange

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Santos is listing on Papua New Guinea’s stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange’s largest listing, providing PNG’s capital markets with a timely boost.

Papua New Guinea’s plan to balance the budget [analysis]

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Papua New Guinea’s 2022 National Budget focuses on health, growth and reducing its deficit by 2027, but can this be achieved? Economists Stephen Howes and Kelly Samof consider the evidence.

In brief: Taking back Papua New Guinea’s forestry sector and other business stories

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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.

In brief: Papua New Guinea signs agreements to build refinery and mint facility and other business stories

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A project to build a refinery and mint facility in Port Moresby could put Papua New Guinea in the ‘world gold map’, Bougainville to receive K50 million electricity support package, and new agribusiness development in Western Province. The business news you need today.