New resources projects moving forward, Prime Minister Marape tells resources industry, Fortescue’s CEO visits the Purari hydropower project and the ADB welcomes changes to Kumul Consolidated Holdings legislation. The business news you need today.
In brief: new resources projects moving forward Prime Minister Marape tells resources industry and other business stories
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6 Dec 2021 by Leave a Comment
Papua New Guinea’s 2022 Budget to address budget repair
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24 Nov 2021 by 3 Comments
Papua New Guinea’s Treasurer Ian Ling-Stuckey is expected to deliver his third National Budget tomorrow (Thursday), with a major focus on managing the country’s K6 billion budget deficit.
In brief: Papua LNG scheduled to commence in 2027 and other business stories
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20 Oct 2021 by 1 Comment
Total E&P’s MD outlines Papua LNG schedule, the Internal Revenue Commission signs Memorandum of Agreement with the SME Corporation and Air Niugini to resume services to Sydney. The business news you need today.
In brief: BSP Financial Group announces half year results and other business stories
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25 Aug 2021 by Leave a Comment
BSP Financial Group and Oil Search present half year results, Papua New Guinea signs agreement with the Organisation for Economic Co-operation and Development. The business news you need today.
Oil Search and Digicel bids: is Papua New Guinea entering mergers and acquisitions season?
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21 Jul 2021 by 1 Comment
Australian telecommunications giant Telstra has been in negotiations to buy Digicel, Papua New Guinea’s largest telco. Meanwhile, gas company Santos has been pursuing PNG’s largest company, Oil Search. Why is PNG seeing such mergers and acquisitions activity, and are more likely?
In brief: Digicel possibly up for sale and other business stories
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20 Jan 2021 by Leave a Comment
COVID-19 tests now mandatory for incoming flights to Australia, Digicel’s Pacific operations could be up for sale and K92 organises a visit to the Kainantu mine.
Analysis: is phone data getting cheaper in Papua New Guinea?
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4 Aug 2020 by 2 Comments
There has been much enthusiasm about new undersea internet cables in Papua New Guinea and predicted improvements in internet pricing, but is there a real change? Amanda H A Watson, Picky Airi and Moses Sakai analyse the changes in pricing for the first half of the year.
In brief: Papua New Guinea to receive K4.2 million from the US and other business stories
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20 Apr 2020 by Leave a Comment
The United States commits K4.2 million in the fight against COVID-19 in Papua New Guinea, Monoyal project gets positive drilling results and PNG confirms five new cases of COVID-19. The business news you need to kickstart your week.
In brief: What companies in Papua New Guinea are doing to stop the spread of COVID-19 and other business stories
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23 Mar 2020 by 1 Comment
Telikom PNG launches a COVID-19 helpline, mining companies announce contingency plans and studies conducted at the Frieda River project site to be finalised. The news you need to kickstart your week.
What the Coral Sea Cable will really mean for Papua New Guinea
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15 Nov 2019 by 1 Comment
The Coral Sea Cable from Sydney to Port Moresby, which will greatly increase internet speeds in Papua New Guinea, will be ready for commercial use in 2020. But according to a panel at the Innovation PNG 2019 conference, it will raise as many questions as answers.
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