In brief: Government to discuss future of Bougainville shares and other business stories

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National Executive Council to discuss future of Bougainville shares, gold production at Lihir up and Bougainville government launches a new tourism initiative. Your weekly digest of the latest business news.

PanAust looks for ‘social licence’ to operate Frieda River mine in Papua New Guinea

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Frieda River, a wholly owned PNG subsidiary of PanAust, has lodged a Special Mining Lease application to Papua New Guinea’s Mineral Resources Authority to develop the Frieda River Copper-Gold Project. Glen Connell, PanAust’s General Manager, Government and Community Relations, tells Business Advantage PNG that developing a ‘social licence’ to operate is just as crucial to the success of the project.

Papua New Guinea’s economy under pressure but fighting back

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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 business getting serious about eliminating gender violence

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There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.

In brief: Hope that SABLs leases will be return to landowners soon, and other business stories

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Chief Secretary indicates SABL leases will be returned soon, and Woodside CEO says Oil Search bid his ‘full price’. Your weekly digest of the latest business news.

In brief: Papua New Guinea’s Bank of South Pacific completes purchase of three Westpac Pacific operations, and other business news

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Bank of South Pacific finalises purchase of Westpac’s Tonga, Samoa and Cook Islands banks; Special Economic Zone agreement in East Sepik and Santos reportedly buying into P’nyang gas field. Your weekly digest of the latest business news.

In brief: Port Moresby Chamber backs Northern Australia development for Papua New Guinea, and other business stories

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Port Moresby Chamber applauds development of Northern Australia, Papua New Guinea well-placed on global LNG stage, and SP Brewery launches new brew. Your weekly digest of the latest business news.

In brief: Court refuses to hear Ok Tedi claim, and other business stories

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International court refuses to hear claim about government takeover of Ok Tedi mine, five percent aid cut to PNG and trial export of fresh vegetables to Fiji. Your weekly digest of the latest business news.   The International Court for the Settlement of Investment Disputes has declined to hear PNG Sustainable Development Program’s claims against the Government […]

In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories

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Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.

In brief: PNG LNG project reaches ‘financial completion’, and other business stories

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PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.