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.
Autonomous Bougainville Government (ABG)
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
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.
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.
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.
The writ has been issued and postal voting has commenced ahead of the long-awaited referendum on independence for the Autonomous Region of Bougainville. Here are nine things you should know about the referendum.
The president and co-founder of the Surfing Association of Papua New Guinea (SAPNG) is pushing ahead with plans to establish surf tourism in Bougainville, perhaps one of the last frontiers for the sport in the world.
The Papua New Guinea’s Petroleum Minister has said he will put forward a bill on the proposed National Petroleum Authority and Bougainville receives an extra $US700,000 to support its referendum. Your weekly digest of the latest business news.
New Minister for Economic Development, board changes at FinCorp.
A court hearing this week (17 May) in Port Moresby will help determine if there is a judicial review of the Bougainville government’s decision to refuse the extension of an exploration licence for the Panguna copper mine. Also that day, a federal court hearing will be asked to rule on the release of documents showing the relationship between dissident landowners and a Perth-based company seeking exploration rights to Panguna.