Competition Commission concerned about possible monopoly in gas sector, O’Neill to issue statement on government shareholding in BCL and ANZ Bank CEO says there may be a need for a Supplementary Budget. Your weekly digest of the latest business news.
Search Results for: Papua LNG
In brief: InterOil sale may raise competition issues and other business stories
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27 Jul 2016 by 1 Comment
In brief: ExxonMobil reported to be second bidder for InterOil, and other business stories
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6 Jul 2016 by Leave a Comment
ExxonMobil reportedly behind rival bid to Oil Search for InterOil, claims Momis may sue Rio Tinto for Panguna damages and cruise liner tourism could see 5-fold growth by 2017. Your weekly digest of the latest business news.
In brief: Inflation expected to be 6 per cent, UNDP claims ‘timely’ expenditure reporting and POMSoX trading down 43 per cent
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22 Jun 2016 by Leave a Comment
In brief: Inflation expected to hit 6 per cent, UNDP claims ‘timely’ expenditure reporting and POMSoX trading down 43 per cent
In brief: Bank of PNG pursuing foreign exchange options and other business stories
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1 Jun 2016 by Leave a Comment
Bank of Papua New Guinea negotiating with ‘partners’ about foreign exchange, Oil Search to address competition issues and Travel Air to resume operations. Your weekly digest of the latest business news.
Steamships breaks ground on Portside Business Park
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17 Oct 2024 by
Steamships was proud to break ground on Portside Business Park, its new large-scale mixed-use development which is managed by its property division, Pacific Palms Property.
Opinion: A fix to PNG’s kina and forex woes
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25 Sep 2024 by 6 Comments
The Bank of Papua New Guinea and the International Monetary Fund believe continued depreciation of the kina is the way to alleviate the country’s ongoing foreign exchange shortages. ANZ economists Kishti Sen and Tom Kenny argue there are better alternatives.
Twinza Chair: Pasca A deal sets up ‘strategic alliance’ with MRDC
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18 Jun 2024 by Leave a Comment
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
Targeting net zero: SP Brewery prepares for growth in tough market
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14 May 2024 by Leave a Comment
“We’re ready for the boom to happen. We’re just hoping that it will happen sooner rather than later.” Business Advantage PNG speaks with SP Brewery Managing Director Ed Weggemans about the company’s sharp focus on its bottom line and sustainability in tougher market conditions.
In brief: Central Bank pledges to increase monthly forex release to the market
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28 Feb 2023 by Leave a Comment
The Bank of Papua New Guinea to increase monthly forex release by US$40 million, Kumul Petroleum Holdings to supply energy to Special Economic Zones, and key PNG corporates post encouraging 2022 results. Your business news in brief.
Queensland launches new Pacific Trade Strategy
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23 Nov 2022 by Leave a Comment
Last week, Queensland Treasurer and Minister for Trade and Investment Cameron Dick visited Papua New Guinea to launch the Australian state’s new Pacific Trade Strategy. Business Advantage PNG caught up with him for an exclusive chat.
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