Commodities markets appear to have entered a holding pattern, with stability evident in the oil market and metals. Business Advantage PNG’s monthly overview of Papua New Guinea’s commodity and financial markets.
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Oil and metals in holding pattern: a monthly review of Papua New Guinea’s commodities and financial markets
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24 Jan 2017 by Leave a Comment
What’s on the agenda for Papua New Guinea business in 2017?
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18 Jan 2017 by 2 Comments
As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be a year of preparing for better times.
Why many Papua New Guinea companies become conglomerates
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16 Jan 2017 by Leave a Comment
Conglomerates have become rare in developed economies; the strategy of diversifying across different industry sectors tends to be punished by investors who prefer specialized players. But in Papua New Guinea industry diversification is commonly used as a way to grow.
In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news
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14 Dec 2016 by Leave a Comment
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
In brief: Trade official asks why Papua New Guinea spends K5 million annually on imported clothes, and other business stories
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22 Nov 2016 by Leave a Comment
Call for garment and textile sector to replace imported clothes, beneficiary groups intending to petition the Government over equity in PNG LNG, solar power could be the answer to Lae’s power problems. Your weekly digest of the latest business news.
In brief: Papua New Guinea ready to market sovereign bonds says Treasury Secretary, and other business stories
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2 Nov 2016 by 1 Comment
Papua New Guinea ready to seek sovereign bond funds, Air Niugini affected by economic slowdown, Qantas begins daily Brisbane-Port Moresby service. Your weekly digest of the latest business news.
Papua New Guinea’s 2017 National Budget flags business tax changes and cuts to infrastructure, education and health spending
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2 Nov 2016 by Leave a Comment
The 2017 Federal Budget announces complex changes in company taxation arrangements. Spending on infrastructure, health and education will be cut, and there are signs that funding government debt may prove increasingly challenging.
Gas makes a comeback: a monthly review of Papua New Guinea’s commodities and financial markets
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25 Oct 2016 by Leave a Comment
Gas prices have surged over the last month, returning to the price level of a year ago. Oil prices are also up strongly over the month. Coffee prices have moved sideways, while cocoa prices have fallen and palm oil prices are slightly down. Business Advantage PNG’s monthly overview of Papua New Guinea’s commodities and financial markets.
Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson
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19 Oct 2016 by Leave a Comment
Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG there are still ‘bright stars’ to get excited about.
In brief: Papua New Guinea government seeks K974 million loan from ADB and other business stories
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12 Oct 2016 by Leave a Comment
Papua New Guinea’s government is seeking K974 million from the Asian Development Bank, Australia to earn negligible royalties from its oil and gas assets, and Newcrest describes conditions as ‘tough’ in PNG. Your weekly digest of the latest business news.
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