The timing of new tariffs affecting Papua New Guinea’s agriculture sector could not come at a worse time, according to the CEO of the country’s largest employer, New Britain Palm Oil.
New agriculture tariffs put Papua New Guinean jobs at risk, says NBPOL CEO
Welcome,
20 Jul 2020 by 2 Comments
Oil rebounds, LNG stabilises and palm oil up: our monthly review of Papua New Guinea’s commodities and financial markets
Welcome,
27 May 2020 by Leave a Comment
The oil price has been extremely weak but the fall in LNG prices has stabilised and palm oil is up: a monthly review of Papua New Guinea’s commodities and financial markets. Business Advantage PNG’s monthly overview of commodity and financial markets.
LNG price tumbles further, while gold and cocoa rise
Welcome,
25 Feb 2020 by 1 Comment
Oil and gas prices both fell this month, with LNG dropping particularly sharply, while gold and cocoa are holding their own in a tough market for commodities.
The secrets behind Niugini Organics’ diversification into the domestic market
Welcome,
7 Oct 2019 by Leave a Comment
After ten years of exporting, Niugini Organics is now selling its certified organic coconut products domestically. It has required a very different approach, co-director Dennis Hill tells Business Advantage PNG.
How New Britain Palm Oil turns sustainability into profitability
Welcome,
23 Oct 2018 by Leave a Comment
New Britain Palm Oil has turned its philosophy of sustainable production into profits, according to Ian Orrell, Group Head of Sustainability. Speaking at the Business Advantage PNG Investment Conference in Brisbane, he warned of the need to improve the palm oil industry’s global reputation.
In brief: Low inflows of foreign currency affecting Papua New Guinea businesses, and other business stories
Welcome,
25 Mar 2015 by Leave a Comment
PNG Bank governor says shortage of forex affecting businesses, interest rates comparatively ‘very high’, and ANZ identifies small inflation rise. Your weekly digest of the latest business news.
Don’t panic: agricultural markets will weather the global storm
Welcome,
26 Jun 2013 by
Commodities prices have been sold off heavily over the past week on worries that the global economy will slow. What does this mean for Papua New Guinea’s agricultural producers?
Kulim’s half-billion kina bid for New Britain Palm Oil ‘positive’
Welcome,
25 Jun 2013 by
Market reaction to the proposed move to make New Britain Palm Oil Limited (NBPOL) a subsidiary of Malaysian company Kulim (Malaysia) Berhad has been generally positive, although one observer questions why PNG-based investors aren’t taking advantage of the fall in NBPOL’s share price.
In brief: Nautilus Minerals shareholding saga unresolved and other stories
Welcome,
29 Oct 2013 by
The O’Neill government seeks legal advice on the Nautilus ruling and other local and international stories.
Solomon Islands’ GDP down, but growth still strong
Welcome,
15 May 2013 by
Although gross domestic product (GDP) growth halved last year in the Solomon Islands, the Central Bank of the Solomon Islands’ (CBSI) 2012 annual report, released last week, makes encouraging reading.
USD 0.2850
AUD 0.3839
GBP 0.2084
EUR 0.2456
NZD 0.4040
JPY 32.53
SGD 0.3844
Recent readers’ comments