Papua New Guinea’s Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.
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In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories
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Fair share? Papua New Guinea’s move to production sharing in resource projects questioned
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The Papua New Guinea government’s proposal to move to production sharing agreements in resource projects may not solve the government’s financial problems and there is a risk it will harm the country’s reputation for being a good place to invest, according to the industry itself.
Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together
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Papua New Guinea’s Prime Minister, James Marape, has insisted that the country’s proposed LNG projects, Papua LNG and P’nyang, will be dealt with as separate projects.
Solar for everyone: a glimpse into Papua New Guinea’s solar market today
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What progress has solar energy made in Papua New Guinea and what is its potential, particularly for business? Christian Lohberger, President and founder of the Solar Energy Association of PNG and co-founder of Astra Solar Ltd, shares his views with Business Advantage PNG.
Papua New Guinea’s proposed new resources law aims to shake up old ownership models
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A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
LNG prices bounce back
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LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.
In brief: Papua New Guinea and Japan strengthen ties and other business stories
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Papua New Guinea and Japan sign a Statement of Intent, PNG launches a National Energy Policy and potential changes to the way Kumul Petroleum Holdings and Kumul Mineral Holdings operate. The business news you need to kickstart your week.
Papua New Guinea’s budget challenges outlined in two new reports
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Two new reports have outlined the revenue challenges being faced by Papua New Guinea’s government in the face of the COVID-19 pandemic.
Landowner companies in Papua New Guinea
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An overview of landowner companies in Papua New Guinea and the role they play in PNG’s economy.
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