In brief: new guidelines for Kumul Petroleum Holdings and other business news

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Kumul Petroleum Holding Limited has been asked to cease exploration, drilling and greenfield investments, the World Bank has released an economic update signalling economic slowdown in Asian and Pacific economies, and K92 Mining has released its Q3 results above budget. Your weekly digest of business news.

In brief: Marape pledges support for MSMEs in Papua New Guinea and other business stories

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Prime Minister Marape pledges to stimulate the growth of the MSME sector, K2 billion budget shortfall, and Eda Ranu regains control the Mt Eriama sewage and water treatment plant. Your weekly digest of business news.

China’s Belt and Road Initiative’s likely impact on Papua New Guinea

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Papua New Guinea was the first Pacific country to sign up to China’s Belt and Road Initiative, an infrastructure development program across Eurasia. David James considers some of the implications identified by analysts.