Government tells Chinese company to start building Madang’s Pacific Marine Industrial Zone, new Tourism Minister unimpressed with Tourism Promotion Authority and second LNG ship is named Kumul. Your weekly digest of the latest business news.
In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories
Welcome,
21 Oct 2015 by
Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.
Business and employment travel outperforms leisure travel to Papua New Guinea
Welcome,
25 Feb 2015 by 3 Comments
Business and employment travel into Papua New Guinea has more than tripled in the last 15 years, outperforming leisure travel, which has see marginal growth over the last five years. Robert Upe report
Tourism potential in Kokopo and Rabaul ‘huge’ – if infrastructure improves
Welcome,
9 Oct 2013 by 5 Comments
Tourism operators have welcomed the government’s plan to develop Kokopo and Rabaul in East New Britain province as the country’s tourism hub. But they warn poor infrastructure and the country’s bad image overseas could prevent PNG reaping the benefits of ‘huge’ tourism potential.
In brief: National Development Bank under-funded and other local and international stories
Welcome,
2 Oct 2013 by
National Development Bank under-funded, Indochine Mining makes loss and PM flags constitutional reform and more stories in brief.
Lukim PNG Nau brings tourism buyers to Papua New Guinea
Welcome,
18 Sep 2013 by
Lukim PNG Nau 2013, a Papua New Guinea tourism promotion event designed to attract national and international operators and agents, has been a huge success, according to both the PNG Tourism Industry Association and PNG Tourism Promotion Authority.
In brief: new Petroleum Minister, Oil Search bond buyback and other stories
Welcome,
26 Feb 2014 by Leave a Comment
PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.
Papua New Guinea tourism receives some attention
Welcome,
12 Feb 2014 by 1 Comment
Several new developments – the creation of a tourism hub at Kokopo (and new direct international flights to service it) and the start of cruise liners visiting remote Milne Bay – indicate progress is being made to develop Papua New Guinea’s tourism industry.
Cautious reaction to proposed ban on visas on arrival
Welcome,
22 Jan 2014 by 2 Comments
Business groups have reacted cautiously to the O’Neill government’s plans to scrap visas on arrival for Australian citizens.
Upturn forecast in Papua New Guinea domestic tourism
Welcome,
12 Jun 2013 by
The Australia/New Zealand representative for PNG’s Tourism Promotion Authority predicts strong growth in domestic tourism, anticipating a drop in travel costs and increased marketing of PNG’s natural scenic spots. Sonja Heydemann reports.
USD 0.2634
AUD 0.4094
GBP 0.2127
EUR 0.247
NZD 0.4457
JPY 40.76
SGD 0.3586
Recent readers’ comments