People moves: Oil Search, PNG Ports, PNG Forest Authority, French Minister for Overseas Territories

Welcome,

Oil Search Directors re-elected, Managing Director at PNG Ports, confirmation of Managing Director of the PNG Forest Authority, new French Overseas Territories Minister

In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories

Welcome,

Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.

In brief: Papua New Guinea Government may review petrol supply regime, and other business stories

Welcome,

O’Neill indicates government may open up petrol supply market, Australia questions if vegetable import ban breaches global trade rules, and plans for an 800,000 hectare forest in Western Highlands. Your weekly digest of the latest business news.

In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories

Welcome,

Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.

In brief: Total to lead Elk-Antelope gas development, and other business stories

Welcome,

Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

Up to one-third of Papua New Guinea log exports may not be authorised by landowners, says INA

Welcome,

Just over one third of Papua New Guinea’s logging exports in 2012 came from Special Agricultural and Business Leases, the majority of which may not have received approval from customary landowners, according to analysis by Paul Barker, Director of the Institute of National Affairs.

Profile: Cloudy Bay Sustainable Forestry

Welcome,

The Cloudy Bay Sustainable Forestry Company operates to a simple formula: ‘high quality at a fair price.’ Cloudy Bay Sustainable Forestry Company places high value on sustainability. It received a Forest Stewardship Council (FSC) Controlled Wood and Chain of Custody accreditation in 2011. Since 2006, it has been developing a Forest Management Area in the […]

Sector profile: Forestry

Welcome,

Papua New Guinea’s forestry sector has bounced back from the 2008/9 slump, and is looking to value-adding, together with sustainability and traceability practices, for its growth. Papua New Guinea has immense forestry operations, with some 29 forest concessions covering 3.5 million hectares. Eight-four percent of PNG’s landmass is covered by forest, and 5.7 million hectares […]

The inside view: Kanawi Pouru, Managing Director, PNG Forest Authority

Welcome,

The forestry industry in Papua New Guinea has bounced back since the global financial crisis. Our two biggest markets remain Australia for sawn and processed products and China for round logs. Australia will shortly introduce new regulations for importing timber products based on legality and chain of custody. We’re keen to understand those new standards […]