Moves to reserve small businesses for locals, Court rescinds orders preventing Ok Tedi from dumping waste and BSP records 11% profit increase. Your digest of the week’s business news.
National Fisheries Authority (NFA)
PNGSDP begins divesting assets, a new trade treaty with Australia and Bougainville prepares to export copra oil. Your weekly digest of the week’s business news.
A new chair at PNG Power, a new CEO of the National Fisheries Authority, and other appointments.
The Papua New Guinea Government plans to sell its 50% in Air Niugini, PNG Power calls for overseas power investors and tuna industry threatened. Your weekly digest of the week’s business news.
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.
Lae is set to become the South Pacific’s main fish processing centre, with the opening of one massive new cannery this week, the commencement of construction for another, with more on the drawing board.
The northern coast of Papua New Guinea is experiencing a boom in investment from international companies looking to process fish onshore. Samantha Magick examines why.
Work on the flagship project of Papua New Guinea’s fisheries industry, the Pacific Marine Industrial Zone (PMIZ) in Madang, is progressing steadily, with the presentation of the design concept in early 2012.
Aquaculture is a potentially important industry for income generation and food security throughout many parts of Papua New Guinea.
Fisheries has emerged as one of Papua New Guinea’s most dynamic sectors, following a wave of investment from Asia. In this special feature, Samantha Magick speaks with some of the sector’s key players about its current state and the prospects for further expansion.