The Chairman of Papua New Guinea’s Independent Public Business Corporation (IPBC), Paul Nerau, has flagged a ‘tsunami’ of government-backed development projects worth billions of kina, including the relocation of Port Moresby’s port and gas-generated electricity.
Prepare for a ‘tsunami’ of development projects: Independent Public Business Corporation chair
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15 Oct 2014 by Leave a Comment
Central bank governor defends pegging of kina, and other business stories
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1 Oct 2014 by Leave a Comment
Central bank governor says economic stability dependent on kina pegging, Panguna landowners support re-opening of gold and copper mine, and 2015 Budget may be a deficit budget with ‘no significant strategic changes’. Your weekly digest of the latest business news.
New Britain Palm Oil proposes public-private partnership to provide power for West New Britain
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1 Oct 2014 by 1 Comment
New Britain Palm Oil Limited and the West New Britain provincial government have held preliminary talks which could see electricity generated from the company’s waste products provided across the entire province.
In brief: K2 billion boost for roads and bridges, and other business stories
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27 Aug 2014 by
Japan funding K2 billion for roads and bridges, the National Executive Council prevents PNG Power from defaulting on overdraft and PanAust buys 80% share of Frieda River project. Your weekly digest of the latest business news.
In brief: National Roads Authority and Planning Minister discuss state of PNG roads, and other business stories
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30 Jul 2014 by Leave a Comment
National Roads Authority and Planning Minister discuss state of PNG roads, National Airports Corporation releases commercial tenders at POM, and Cue Energy puts PNG assets on market. Your weekly digest of the latest business news.
In brief: Prime Minister resists arrest warrant and other stories
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18 Jun 2014 by Leave a Comment
Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
In brief: Government considers lift in minimum wage and other business stories
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21 May 2014 by Leave a Comment
Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.
People moves: Telikom PNG, IPBC, PNG Power, APNGBC
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21 May 2014 by 4 Comments
New CEO at Telikom PNG, two new board members at IPBC, a resignation at PNG Power, a new council president, and Leighton’s chairman to retire.
In brief: Government to invest in limestone production study, and other business stories
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7 May 2014 by 1 Comment
Study into limestone production in Simbu, PNG Power CEO reinstated and enquiry into coastal shipping costs. Your weekly digest of the latest business news.
People moves: PNG Power, Marengo Mining
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9 Apr 2014 by Leave a Comment
A new chairman for PNG Power, new COO at Marengo Mining.
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