Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.
In brief: BSP proposed ASX listing postponed, and other business stories
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18 Apr 2017 by Leave a Comment
Papua New Guinea using multiple energy sources to meet growing need
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18 Apr 2017 by 3 Comments
Papua New Guinea is taking a multi-pronged approach to its energy provision. Business Advantage PNG takes a look at the nation’s approach to meeting its power needs.
Lower prices the ‘bottom line’ with Kumul Telikom reforms, says Chairman
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4 Apr 2017 by 1 Comment
A major reform will see all Papua New Guinea’s state-owned telecommunications companies grouped under a single board for the first time. The Chairman of the new-look Kumul Telikom, Mahesh Patel, speaks exclusively to Business Advantage PNG about his board’s priorities for increased competition and ‘slashed’ internet prices.
People moves: Kumul Consolidated Holdings, BSP, Highlands Pacific, EY
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14 Feb 2017 by
An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director
Kumul Consolidated Holdings establishes agriculture joint venture in East Sepik
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28 Sep 2016 by 9 Comments
The holding company for Papua New Guinea’s state-owned enterprises, Kumul Consolidated Holdings, is making its first foray into agriculture, establishing a joint venture in East Sepik Province with Israel’s L R Group.
Asian Development Bank puts case for greater private involvement in state-owned enterprises
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21 Sep 2016 by 1 Comment
Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for improving the sector’s efficiency, according to a new report by the Asian Development Bank.
In brief: ‘Clan vetting’ the key to resolving PNG LNG royalty issue, says Energy Minister
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10 Aug 2016 by Leave a Comment
Officials sent to negotiate with Hides landowners over non-payment of royalties from PNG LNG project, Ok Tedi earns K623 million since March, and PNG Post pays K500,000 in dividends. Your weekly digest of the latest business news.
Papua New Guinea’s economy under pressure but fighting back
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12 Apr 2016 by Leave a Comment
Global and domestic factors have combined to slow Papua New Guinea’s economy. However, as Andrew Wilkins discovers, the Pacific nation’s business leaders are still confident about its future prospects.
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: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories
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3 Feb 2016 by
Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.
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