The Extractive Industries Transparency Initiative (EITI) international board elects a new representative, the Department of Justice welcomes a Solicitor General, the National Statistical Office appoints an acting National Statistician and new head for the University of Papua New Guinea.
People Moves: Extractive Industries Transparency Initiative, Department of Justice, National Statistical Office, University of Papua New Guinea
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3 Apr 2019 by Leave a Comment
In brief: China offers to host Pacific leaders meeting, and other business stories
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10 Jul 2018 by Leave a Comment
China offers to host Pacific leaders meeting, NCS awarded gender equality certification, and Samaritan Aviation to bring a second plane into service. Your weekly digest of the latest business news. The Chinese President Xi Jinping is reportedly offering to host a meeting with Pacific leaders in Port Moresby ahead of the APEC leaders summit in […]
Transparency Initiative report calls for improved systems in extractive sector in Papua New Guinea
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4 Apr 2018 by Leave a Comment
The Extractive Industries Transparency Initiative Report for 2016 has found that improvements are being made to registry and payment systems, but more needs to be done. It notes that budgeting to government revenues remains difficult because of the industry’s volatility and the relatively small number of companies paying full tax.
In brief: Asian Development Bank downgrades Papua New Guinea’s growth outlook, and other business stories
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6 Apr 2016 by 1 Comment
Papua New Guinea’s growth forecast downgraded by Asian Development Bank, Bank of PNG says growth this year will partly be driven by non-mineral sector activity, plus claims PNG’s global corruption rating will depend on government commitment to accountability. Your weekly digest of the latest business news.
Papua New Guinea participates in a global transparency initiative for the resources industries
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24 Feb 2016 by Leave a Comment
Papua New Guinea has participated in its first report to the Extractive Industries Transparency Initiative (EITI), which is a global effort to improve transparency in resource rich countries to help them avoid the so-called ‘resource curse’.
In brief: Loan for Oil Search shares already signed and other stories
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26 Mar 2014 by Leave a Comment
Officials reveal loan share deal signed two weeks ago, Abbott/O’Neill sign a new trade treaty and Bank PNG board happy with economy. Your weekly digest of the latest business and economic news.
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