Marape shakes-up his cabinet, environmental studies to be conducted in four mine sites and the National Development Bank signs agreement to help fund SMEs. The business news you need to kickstart your week.
In brief: Papua New Guinea’s Prime Minister announces major cabinet reshuffle and other business stories
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5 Oct 2020 by 1 Comment
Commodities update: silver loses shine, cocoa melts but LNG prices rise
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29 Sep 2020 by Leave a Comment
LNG prices surged, clawing back most of this year’s losses, but oil prices fell. Silver also lost some of its recent spectacular price gains. Business Advantage PNG’s monthly overview of commodity and financial markets.
In brief: Kina Bank set to restock chests and other business stories
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14 Sep 2020 by Leave a Comment
Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.
New way to pay: NiuPay drives online payments in Papua New Guinea
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12 Aug 2020 by 11 Comments
Fintech company NiuPay is making headlines with its e-government solutions and a recent partnership with Kina Bank. Business Advantage PNG meets its Director, James Inglis, to learn more about the business.
In brief: Papua New Guinea confirms six new cases of COVID-19 and other business stories
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20 Jul 2020 by Leave a Comment
Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.
Oil rebounds, LNG stabilises and palm oil up: our monthly review of Papua New Guinea’s commodities and financial markets
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27 May 2020 by Leave a Comment
The oil price has been extremely weak but the fall in LNG prices has stabilised and palm oil is up: a monthly review of Papua New Guinea’s commodities and financial markets. Business Advantage PNG’s monthly overview of commodity and financial markets.
In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories
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6 Apr 2020 by 1 Comment
Papua New Guinea’s financial institutions offer businesses support for State of Emergency, Oil Search cuts staff, and Air Niugini to resume flights. The business news you need to kickstart your week.
Cashed up and ready to grow: Kina Bank’s plans for 2020
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9 Dec 2019 by Leave a Comment
Kina Bank’s operations have expanded dramatically after taking over ANZ’s retail operations in Papua New Guinea. In an exclusive interview, Chief Executive Officer Greg Pawson outlines to Business Advantage PNG its plans for growth. David James reports.
In brief: Papua New Guinea approves progress of Pasca LNG project
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2 Sep 2019 by 1 Comment
Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.
People moves: Cabinet mini-reshuffle, Kina Bank, Steamships, Newcrest, Singapore Government, Port Moresby General Hospital, Bougainville Copper
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28 Aug 2019 by Leave a Comment
Papua New Guinea Government names new Ministers, Kina and Newcrest get new COOs, Steamships appoints a director, new Singapore Honorary Consul-General, new head at Port Moresby General Hospital, and an addition to Bougainville Copper board.
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