The construction of 100 affordable houses in Port Moresby will be the launchpad for similar projects elsewhere in Papua New Guinea, predicts Joe Webb, the Managing Director of Australian joint venture partner Amode.
BSP (including Financial Group)
This weekend, the Pacific Games commences in Port Moresby, attracting some 4000 athletes from across the Pacific, with events televised in each of the 24 participating countries. How has Papua New Guinea business made the most of the opportunity? Business Advantage PNG investigates.
Prime Minister Peter O’Neill says a planned ‘shake up’ of the Port Moresby Stock Exchange (POMSoX) will lead to more innovation and increased domestic and international investment.
PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.
Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.
Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.
Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.
Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.
National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.
A recent online survey to identify Papua New Guinea’s most recognisable brands suggests that traditional marketing techniques still hold sway in PNG. But for how much longer?