Port Moresby Chamber of Commerce and Industry

Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.

Registrations are now open for the 2015 Papua New Guinea Advantage Investment Summit, to be held at the Brisbane Convention and Exhibition Centre in Brisbane, Australia on 27 and 28 August.

Liquidity conditions have emerged as a major source of risk for the PNG economy, as the central bank governor reveals he spent US$570.9 million (K1.48 billion) to support the kina last year.

Papua New Guineans aiming to start a small and medium enterprise (SME) have been buoyed by the revival of the previously successful Stret Pasin Stoa Scheme, which adds to the number of programs helping the country develop a small business sector.

LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.

Business and investment events covering a diverse range of key industry sectors are lined up for Papua New Guinea throughout 2015. Here are some of the highlights from our events calendar.

Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.

Violence takes a toll on businesses in Papua New Guinea, Anglo American and Highlands Pacific form joint venture, and Sime Darby extends takeover deadline for NBPOL. Your weekly digest of the latest business news.

The province of Milne Bay is developing as a tourism hub for Papua New Guinea and also hosts agricultural and gold projects. Business Advantage PNG explores its business and investment prospects.