Telikom PNG in pre-APEC upgrade, strong result for Highlands Pacific, PM in Davos, Oil Search’s successful 2017, poor roads leading to food wastage, IFC sells BSP shares to Fiji fund, Nautilus trials on track, push to return artefacts
Search Results for: Papua LNG
In brief: Telikom PNG in pre-APEC upgrade, and other business stories
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30 Jan 2018 by Leave a Comment
BSP CEO says forex issues will continue but medium term looks positive
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30 Jan 2018 by 1 Comment
Foreign exchange issues will continue in the short term according to Robin Fleming, Chief Executive of Bank South Pacific [BSP]. But he tells Business Advantage PNG that there are better longer-term prospects and that Papua New Guinea’s biggest bank is thriving in a challenging economic environment.
SP Hunters vs Brisbane Broncos Gala Dinner
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30 Jan 2018 by
Papua New Guinea Rugby Football League (PNGRFL) will be hosting the Brisbane Broncos and will be holding a fundraising Gala Dinner.
Oil Search to triple output in a decade, says Botten
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15 Nov 2017 by Leave a Comment
Oil Search may look to list its power business on the Papua New Guinea stock exchange, Peter Botten, Managing Director of Oil Search tells Business Advantage PNG. He says that in 10 years he hopes the company’s production will have tripled.
Horizon Oil seeks assurance from Kumul Petroleum its Western Pipeline proposal is viable
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24 Oct 2017 by 3 Comments
As Horizon Oil awaits government and regulatory approval for their mid-sized Western LNG project, CEO Brent Emmett says it is considering using Kumul Petroleum’s alternative pipeline proposal, but wants assurances the pipeline is viable before committing.
In brief: Philippines company to operate Motukea and Lae ports, and other business stories
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11 Oct 2017 by 1 Comment
Philippines port operator wins 25-year contract to run key ports, Westpac MD outlines reasons for foreign currency backlog, and domestic gas clause to be part of new LNG projects. Your weekly digest of the latest business news.
Governor of Bank of PNG tells conference higher food production critical
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13 Sep 2017 by 4 Comments
Diversification of the Papua New Guinea economy is critical to maintaining economic growth according to Loi Bakani, the Governor of the Bank of Papua New Guinea. He told the PNG Investment Conference in Sydney that a particular area of concern is the high level of food imports.
Kina overvalued and one option is to have dual exchange rate, says economist
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5 Sep 2017 by 2 Comments
The kina is more than 20 per cent overvalued, according to Marcel Schroder, a lecturer in economics at the Development Policy Centre in the Australian National University (ANU), speaking to a joint University of Papua New Guinea/ANU event in Port Moresby. One option is to introduce a dual exchange rate for a limited time.
In brief: National Transmission Network ready by the end of 2017, and other business stories
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28 Jun 2017 by Leave a Comment
Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.
In brief: Tolukuma to go into full production and other business news
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14 Jun 2017 by Leave a Comment
Gold mine to go into full production, royalties scrutiny and better access to basic infrastructure. Your weekly digest of the latest business news.
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