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.

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CEO hooked on tuna

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Being stranded for five years on Bougainville Island because of the civil conflict failed to deter Ludwig Kumoru, CEO of Parties to the Nauru Agreement (PNA), from developing a career in the fishing industry.

In Brief: Funding for the Gulf to Southern Highlands Highway missing link and other business stories

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The Gulf to Southern Highlands Highway missing link is set to be funded under the new tax credit scheme, K56 million in royalties for forest landowners, and Geopacific Resources announces the acquisition of the remaining seven per cent of JV with Kula Gold. Your weekly digest of the latest business news.

In brief: Construction milestone for PNG’s tallest building, and other business news

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Construction milestone for PNG’s tallest building,  renewed support for fisheries training and PNG launches legal action in Australia. Your weekly digest of the latest business news.

In brief: Abel to present on economic integration, and other business news

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Abel on economic integration, renewable energy transition by 2050 and a K2m commitment to revive Goilala coffee. Your weekly digest of the latest business news.

In brief: Government seeks more revenue from fishing, and other business stories

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Government to seek more revenue from fishing, three provinces to be granted autonomous status and the Government claims the right to acquire land for the Highlands Highway construction work. Your weekly digest of the latest business news.

In brief: Foreign exchange reserves to be about US$2 billion by year’s end, and other business stories

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Rise in foreign exchange reserves expected, K1.3 billion required annually for road maintenance work, and Ramu nickel project to have 35 year life. Your weekly digest of the latest business news. 

In brief: Details of US$500m Credit Suisse loan to Papua New Guinea revealed, and other business stories

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Treasury Minister outlines details of US$500 million loan deal, World Bank commends 2018 Budget, crucial meeting over the future of BCL’s exploration licence. Your weekly digest of the latest business news.  

In brief: Kagamuga Airport upgrade to allow jet landings, and other business stories

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Airport upgrade to see night flights and early landings at Western Highlands airport, call to properly fund the fight against coffee berry borer, and Tkatchenko moves on illegally approved land sales. Your weekly digest of the latest business news.

In brief: Total to build separate LNG pipeline, and other business stories

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Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and BCL to step up community engagement. Your weekly digest of the latest business news.