Mid-year economic and fiscal outlook released, pursuing certification of tuna fishing, and polio certificates required for international travel. Your weekly digest of the latest business news.
In Brief: Borrowing from China to upgrade roads, and other business stories
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17 Jul 2018 by Leave a Comment
Negotiating to upgrade roads, using aid for development, and refunds to domestic fishing companies. Your weekly digest of the latest business news.
Rise of China creating opportunities and risks, says Treasurer Abel
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10 Jul 2018 by 1 Comment
Treasurer Charles Abel said the rise of China is creating opportunities for Papua New Guinea. But he also pointed to potential risks and a need to develop PNG’s relationship with Australia.
In brief: Total SA to start construction of LNG plant in 2018 and other business stories
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20 Apr 2016 by Leave a Comment
Total SA Chairman says company is planning to commence construction of LNG plant in 2018, Ramu NiCo ordered to stop operating nickel mine and Harmony Gold reports ‘continuing exploration success.’ Your weekly digest of the latest business news. The Chairman and Chief Executive Officer of oil and gas company Total SA, Patrick Pouyanné, says the company is planning to […]
In brief: PM to launch construction phase of Pacific Marine Industrial Zone project, and other business stories
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4 Nov 2015 by Leave a Comment
Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.
China and India’s growing business links with Papua New Guinea and the Pacific
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26 Nov 2014 by 1 Comment
Pacific leaders have been the recipients of largesse from India’s Prime Minister and China’s President, who met in Fiji last week. Meanwhile, a new ANZ report details the increasingly close links between China’s aid and its investment in the Pacific.
In brief: Funding freeze on Pacific Marine Industrial Zone lifted, and other business stories
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17 Sep 2014 by
China lifts freeze on funding for Pacific Marine Industrial Zone, only five SABL leases handed back and Malaysian company to build satellite township in Central province. Your weekly digest of the latest business news.
Papua New Guinea Government unfazed by foreign borrowing despite central bank concerns
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24 Jul 2013 by Leave a Comment
The Bank of Papua New Guinea argues that the government should fund its spending plans from the domestic banking system. Meanwhile, the government is ramping up its borrowing from foreign sources. Who is right?
Telikom Papua New Guinea rings the changes
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17 Jul 2013 by 1 Comment
Telikom PNG is upgrading and expanding its network, after earlier this month signing a K600 million (US$200 million) deal with Chinese technology provider Huawei. Chairman Mahesh Patel outlines where the money will be spent and commits the state-owned telco to improving its customer service.
Four-lane airport highway in Lae gets go-ahead
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27 Mar 2013 by 2 Comments
Work to upgrade 40-kilometre stretch of road between the port of Lae and Nadzab Airport into a four-lane highway is expected to begin in June 2013, according to the Lae Chamber of Commerce and Industry.
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