Prime Minister O’Neill to respect court’s decision, Bougainville Copper assesses draft mining bill, and Papua Mining raises exploration funds. Your weekly digest of the latest business news.
National Petroleum Company aims to deliver long-term benefits, says Kramer
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21 May 2014 by Leave a Comment
As the PNG LNG project enters its operational phase, Frank Kramer, Chairman of the National Petroleum Company of Papua New Guinea (which will hold and manage the government’s 16.8% stake) outlines his vision for managing the country’s hydrocarbon assets.
Bemobile gets cash injection as government steps in
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25 Sep 2013 by
The Papua New Guinea Government has increased its stake in mobile phone company Bemobile, following the collapse of a deal with the Fiji National Provident Fund.
In brief: Boost for roads and agriculture, tax review paper released, rubber production halts
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16 Apr 2014 by Leave a Comment
World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.
In brief: Papua New Guinea budget deficit, massive growth and other stories
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9 Apr 2014 by Leave a Comment
A budget deficit for Papua New Guinea but the ADB forecasts massive growth in 2015. Meanwhile, nickel production looks set to rise. The week’s business news in brief.
In brief: New air traffic management system, corruption case ‘victory’ and boost for remote areas communications.
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2 Apr 2014 by Leave a Comment
A new national air traffic management system, Koim declares victory after jailing of MP on corruption charges and Tekikom and Digicel boost remote services. Your weekly digest of the latest business news.
In brief: Loan for Oil Search shares already signed and other stories
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26 Mar 2014 by Leave a Comment
Officials reveal loan share deal signed two weeks ago, Abbott/O’Neill sign a new trade treaty and Bank PNG board happy with economy. Your weekly digest of the latest business and economic news.
New edition of Papua New Guinea investors’ manual launched
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12 Sep 2013 by
The third edition of The PNG Investors’ Manual, a publication designed to help companies do business in Papua New Guinea, was launched on Monday by Papua New Guinea’s Prime Minister, Peter O’Neill.
The long journey to fix Papua New Guinea’s roads
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20 Mar 2014 by Leave a Comment
Hundreds of millions of dollars is being spent in Papua New Guinea on road repairs and new roads, from Port Moresby to the Highlands and coastal provinces. Business Advantage PNG surveys what the country will get for its money, and considers what is still needed.
Papua New Guinea mid-year budget outlook: What do analysts think?
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7 Aug 2013 by Leave a Comment
Papua New Guinea’s Treasurer Don Polye gave a comprehensive update on the nation’s economic outlook last week. We asked analysts for their reaction.
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