O’Neill says Supplementary Budget won’t contain any new taxes, Oil Search MD says oil and gas sector could earn K60 billion over the next seven years, and central bank prepares to use block chain technology. Your weekly digest of the latest business news.
Treasurer Charles Abel wants to restore confidence in the economy, election unrest in Mt Hagen may cost businesses K50 million, and BCL board meets in Bougainville. Your weekly digest of the latest business news.
September’s Papua New Guinea Investment Conference in Sydney is designed to promote Papua New Guinea as a key business destination in our region. Business Advantage International’s Andrew Wilkins reveals some of the planning that is going into the program.
Highlands Pacific is expanding its focus from large projects and exploration, to controlling interests in smaller projects offering near term returns. Highlands Pacific Managing Director, Craig Lennon, tells Business Advantage PNG it is a response to market changes.
Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.
A new board member at Highlands Pacific
Bank South Pacific explores secondary listing on Australian Exchange, Highlands Pacific considers selling stake in Frieda River project and strategy to counter coffee berry borer due this week. Your weekly digest of the latest business news.
Government plans to merge Telikom, bmobile and DataCo, Highlands Pacific Chairman says PanAust’s resignation requests amount to a takeover, and PNG LNG reports 25% increase in LNG. Your weekly digest of the latest business news.
An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director
Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG there are still ‘bright stars’ to get excited about.