In brief: Papua New Guinea approves progress of Pasca LNG project

Welcome,

Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.

Reasons why superannuation is critical to building a strong organisational culture in Papua New Guinea

Welcome,

Six Papua New Guinean companies discuss the benefits of superannuation contributions and share with Business Advantage PNG why it can help companies reduce attendance problems and increase loyalty through super.

Aiming High: Papua New Guinea’s Hindenburg Wall

Welcome,

Adrian Mathias reports on efforts to shine the spotlight on the Hindenburg Wall, one of Papua New Guinea’s hidden natural attractions.

People moves: PanAust, Mineral Resources Authority, KPMG, Ok Tedi Mining, Judicial appointments

Welcome,

Board and senior management changes at PanAust, a new Managing Director at the Mineral Resources Authority, a new Tax Partner at KPMG, Ok Tedi’s first female Mine Manager and judicial appointments for the National and Supreme Courts.

Independent mining consultant questions Papua New Guinea government role as both shareholder and regulator

Welcome,

To remain impartial, the Papua New Guinea Government should not be a shareholder, but only maintain regulatory oversight of mining projects, according to geologist and mining consultant, Jerry Nombri Garry. He tells Business Advantage PNG, there are other ways for the country to derive healthy revenues from mining projects.

Earthquake to have ‘huge impact’ on Papua New Guinea economy, says Prime Minister

Welcome,

Last month’s earthquake in Papua New Guinea will have a ‘huge impact’ on the economy, says Prime Minister Peter O’Neill. The death toll is rising, the extent of the destruction and disruption to services and businesses is still being assessed, and the damage to the PNG LNG project is expected to affect government revenues.

Stronger copper price a boost for Ok Tedi but further rises needed for rest of the sector

Welcome,

The copper price has increased by about a quarter in 2017, although it is still below its 2013 highs. Stephen Howes, Director of the Development Policy Centre at ANU tells Business Advantage PNG that the  boost in the copper price is important for Papua New Guinea, in particular, Ok Tedi.

In brief: Highlands Highway re-opens after a month-long blockade, and other business stories

Welcome,

Normal services along the Highlands Highways resume, coffee exports steady but expected to fall next year, and China approves loan for PMIZ. Your weekly digest of the latest business news.

People moves: Ok Tedi Mining, Digicel, Media Council

Welcome,

Three women appointed to senior roles at Ok Tedi Mining,  a new CEO at Digicel, a new executive at the Media Council Ok Tedi Mining has appointed three women to managerial roles. Hillary Turnamur has been appointed Manager, Kiunga Operations, Beverley Pasen as Manager, ICT, and Chantel Christensen as Manager, Contracts and Compliance. *** Digicel PNG […]

In brief: Government seeking Budget support of US$500 million, and other business stories

Welcome,

Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.