The Embassy of the People’s Republic of China gets a new head, Qantas welcomes new Regional Manager, Oil Search appointment for the PNG Orchids, Autonomous Region of Bougainville names key post-referendum figure, and new Fellow inducted into the Institute of Directors.
People moves: Chinese Embassy, Qantas, Oil Search, Bougainville, PNG Institute of Directors
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19 May 2021 by Leave a Comment
In brief: PNG Power and Bougainville partner to develop energy sector and other business stories
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17 May 2021 by Leave a Comment
Bright future for Bougainville’s power industry, BSP reduces equity required to get SME loan and new terminal at Momote Airport. The business news in brief.
In brief: IRC turns ‘spotlight’ on logging sector and other business stories
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10 May 2021 by Leave a Comment
The Internal Revenue Commission to audit logging companies claiming GST, SP Brewery gets international recognition and PNG DataCo launches COVID-19 website. The business news in brief.
In brief: Bougainville’s President ends speculations about the future of Panguna and other business stories
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1 Feb 2021 by Leave a Comment
President Ishmael Toroama says Bougainville is not ‘colluding’ with third parties to reopen Panguna, new project to increase regional and international trade in the Pacific, and potential date for the launch of ISEZ’s project program.
Joint consultations on the future of Bougainville trigger speculation on the future of Panguna mine
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27 Jan 2021 by 3 Comments
A joint communique issued earlier this month by Papua New Guinea’s Prime Minister James Marape and new Bougainville President Ishmael Toroama has committed them to moderated ‘joint consultations’ over the autonomous region’s desired independence. It has again brought focus on the future of the island’s massive Panguna copper and gold mine.
In brief: K100 million for Ihu Special Economic Zone and other business stories
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18 Jan 2021 by Leave a Comment
Ihu Special Economic Zone gets funds, Prime Minister Marape urges national to go into small agriculture businesses and the Internal Revenue Commission opens an office in Jiwaka Province. Business news to stay on top.
In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories
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28 Sep 2020 by Leave a Comment
Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville’s new president. The business news you need to kickstart your week.
People moves: National Executive Council, Airswift, PNG Air, Lae, Bougainville, Pacific Trade Invest
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14 Jan 2020 by Leave a Comment
The National Executive Council appoints a new Petroleum and Energy Secretary, Airswift announces a General Counsel, PNG Air gets a new Chief Financial Officer, Lae names a District Administrator, the Autonomous Region of Bougainville re-shuffles its cabinet and an Acting Trade Commissioner joins Pacific Trade Invest New Zealand.
In brief: Coral Sea Cable wholesale internet rates to plummet and other business stories
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13 Jan 2020 by Leave a Comment
New Ireland Province signs deal with Zenith to build three solar plants, inadequate water levels in the Fly River impact Ok Tedi Mining’s operations, and Bmobile and Huawei PNG sign a deal to roll out 5G in Papua New Guinea’s Port Moresby. The business news you need to kick-start your week.
2019: the year in review for Papua New Guinea business
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11 Dec 2019 by Leave a Comment
A change of government, two budgets, new infrastructure, stalled resources projects – these are just some of the features of the year in business in Papua New Guinea. Here’s how Business Advantage PNG reported on 2019.
USD 0.2850
AUD 0.3814
GBP 0.2067
EUR 0.2451
NZD 0.3978
JPY 32.48
SGD 0.3834
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