Search Results for: Papua LNG

Marape government starts to show its colours

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Papua New Guinea’s new government, led by a Prime Minister who likes meetings to start on time, is starting to reveal its agenda.

In brief: James Marape announces new cabinet and other business stories

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Papua New Guinea’s new Prime Minister announces his new cabinet, PNG Air Limited enters into a code-sharing agreement with Virgin Australia and Australia commits to helping Solomon Islands develop infrastructure. Your weekly digest of business news.

What can business expect from a Marape-led government?

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Papua New Guinea has a new Prime Minister, James Marape, and also, if not an entirely new government, at least a government representing a generational change in PNG’s body politic (Marape is 48).

In brief: State-owned enterprises told to lift performance and other business stories

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Papua New Guinea’s state-owned enterprises given pep-talk by Minister, new Credit Guarantee Corporation to be established and Ramu NiCo sales fall. Your weekly digest of the latest business news.

Opinion: the prospects for business in Port Moresby for 2019 and beyond

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The nation’s capital is entering 2019 in good shape after hosting APEC at the end of last year, says Rio Fiocco, President of the Port Moresby Chamber of Commerce and Industry. He considers the prospects for business over the next 12 months and beyond.

Foreign exchange becoming more available, says BSP’s CEO Robin Fleming

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Robin Fleming, Chief Executive of Bank South Pacific – Papua New Guinea’s biggest bank – says foreign exchange availability is improving. In this exclusive interview with Business Advantage PNG, he also discusses BSP’s approach to risk, and its new digital offerings.

Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical

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The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.

In brief: Trump pulls out of APEC, and other business news

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Trump pulls out of APEC, China Navigation knocked back, and PNG on the verge of entering international capital markets. Your digest of the latest business news.

Companies investing locally this year but will switch to starting up new operations next year, according to round table

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Companies are reducing the size of the businesses, now using excess capital to acquire domestically but may be switching to starting up operations next year. They were some of the observations in a round table discussion on Papua New Guinea’s investment environment at the Business Advantage Invest Forum in Brisbane.

In brief: Possible rice agreement with the Philippines, and other business stories

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A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.