Barrick executives visit Papua New Guinea for talks about a Special Mining Lease for Porgera, PNG welcomes back cruise ships, and Department of Trade and Investment to become a ‘one-stop shop’ for foreign investments. Your business news in a nutshell.
In brief: New Porgera Limited close to applying for special mining lease and other stories
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12 Oct 2022 by Leave a Comment
People moves: Australia Papua New Guinea Business Council, Minister for Foreign Affairs, PNG Cabinet
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25 May 2022 by Leave a Comment
Executive changes announced at the Australia Papua New Guinea Business Council, Prime Minister Marape elects new Deputy Prime Minister, and Australia welcomes new Minister for Foreign Affairs.
How to unlock funds to invest in Papua New Guinea’s infrastructure
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26 Feb 2020 by 1 Comment
Commercial banks call for collaboration, communication and an awareness of risk if they are help finance what could be an infrastructure boom in Papua New Guinea.
People moves: Mineral Resource Authority, Association of Superannuation Funds, Australia-PNG Business Council
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1 Aug 2017 by
A new Chairman of the Mineral Resource Authority, a new executive of the revived Association of Superannuation Funds, and two new board members of the Australia-PNG Business Council
Australian companies optimistic about investing in Papua New Guinea but Reserve List poses a threat, say Business Council executives
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25 Jul 2017 by Leave a Comment
Australian companies are optimistic about investing in Papua New Guinea says Philip Franklin, Head of the PNG branch of the Australia Papua New Guinea Business Council (APNGBC). But Peter Taylor, President of the Council, tells Business Advantage PNG that proposed changes to the Investment Reserve List is a concern for foreign investors.
Female entrepreneurs call for improvement in ‘ease of doing business’ in Papua New Guinea
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30 May 2017 by 1 Comment
The Editor of Stella magazine, Amanda Donigi, claims Papua New Guinea risks losing its young entrepreneurs unless business conditions are enhanced. Her comments are echoed by House of Xen founder, Xenia Peni.
In brief: Oil Search and ExxonMobil buy gas licences in Gulf, and other Papua New Guinea business stories
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14 Sep 2016 by Leave a Comment
Oil Search and ExxonMobil buy into gas licences in Gulf of Papua, Sir Mick Curtain, founder of Curtain Bros, dies, and trade disagreement with Fiji resolved. Your weekly digest of the latest business news.
In brief: LNG overtakes gold as top export and other Papua New Guinea news
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9 Mar 2016 by 1 Comment
LNG overtakes gold as PNG’s top export, number of female executive appointments in PNG public service low and Bank of South Pacific reports profit rise. Your weekly digest of the latest business news.
Foreign exchange controls affect Papua New Guinea business as ANZ calls for changes to kina trading range
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6 Oct 2015 by 1 Comment
As Papua New Guinea’s business community continues to face foreign exchange shortages, ANZ Bank has called for a relaxation of the enforced trading band for the kina. Meanwhile, analysts say the kina is facing further downward pressure from the US dollar.
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
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