Net gains: the new plan for Papua New Guinea’s fishing industry

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Better infrastructure and a higher volume of onshore processing are the key tenets of Papua New Guinea’s new Fisheries Strategic Plan, which aims to transform the industry over the coming decade. Business Advantage PNG speaks with National Fisheries Authority Chairman Ango Wangatau to find out more.

In brief: Landowners and the ABG agree to reopen Panguna and other business stories

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The Panguna Mine Landowner Clan Chiefs and the Autonomous Bougainville Government (ABG) agree to create a new entity to redevelop the Panguna mine, Telstra’s acquisition of Digicel PNG on track, and Papua New Guinea launches its National Employment Policy. The business news you need today.

In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories

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Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.

In brief: Tourists to return to Papua New Guinea

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Tourists can now come into PNG again following a major change to Papua New Guinea’s pandemic measures, NICTA clarifies potential price reductions and licence for Feni Island project is renewed. The business news you need today.

In brief: Taking back Papua New Guinea’s forestry sector and other business stories

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Forestry Minister unveils plans to ‘take back the forestry sector’, Minister for Fisheries says funding is needed for the Pacific Maritime Industrial Zone and the Chamber of Mines and Petroleum questions gold refinery and mint project in Papua New Guinea. The business news you need today.

In brief: Freeport to acquire assets in Papua New Guinea and other business stories

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Potential new owner for the Yandera copper project, proposed levy for balsa wood and BSP Financial Group halts trading on the ASX amidst accusations of breaches to anti-money laundering laws. The business news in brief.

In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

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BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.

In brief: Bank South Pacific signals intention to list on ASX and other business stories

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Bank South Pacific signals intention to achieve dual listing, National Fisheries Authority gets ready to launch its 10-year plan and Papua New Guinea says farewell to its founding father.

In brief: Coral Sea Cable wholesale internet rates to plummet and other business stories

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New Ireland Province signs deal with Zenith to build three solar plants, inadequate water levels in the Fly River impact Ok Tedi Mining’s operations, and Bmobile and Huawei PNG sign a deal to roll out 5G in Papua New Guinea’s Port Moresby. The business news you need to kick-start your week.

Fisheries in Papua New Guinea: a sector profile

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A profile of the fisheries sector in Papua New Guinea including markets, licenses, permits and major players.