The O’Neill Government to appeal a National Court ruling ordering Ok Tedi to suspend dumping, Fisheries Authority makes K10m available for small business, and Newcrest cash-flow looking positive. Your quick digest of the week’s business news.
Institute of National Affairs
Among our stories this week: the PM backs Purari River, National Roads Authority chief outlines Papua New Guinea’s roads challenge and a new INA report outlines impediments for the private sector.
Paul Barker, the Director of the Institute of National Affairs, reviews the 2013 National Development Forum, organised by the Consultative Implementation and Monitoring Council (CIMC). The national forum is the culmination of four regional forums held over the past six months. This year’s focus was on revitalising services at the District level across Papua New Guinea.
The Institute of National Affairs’ (INA) five-yearly survey of businesses in Papua New Guinea shows that once again law and order stands out as the private sector’s top concern, closely followed by corruption.
Just over one third of Papua New Guinea’s logging exports in 2012 came from Special Agricultural and Business Leases, the majority of which may not have received approval from customary landowners, according to analysis by Paul Barker, Director of the Institute of National Affairs.
Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.