In brief: O’Neill expects loans of US$790m to ease foreign exchange pressure this year, and other business stories

Prime Minister O’Neill working on loan to ease foreign exchange pressure, domestic market obligation for future LNG projects, and Western LNG project likely to be stand-alone. Your weekly digest of the latest business news.

In brief: Bank of Papua New Guinea to provide US$100m to ease forex pressure and other business stories

Central bank to ease forex pressures with US$100m, new Lands Minister promises to clean up corruption in his department, and the cost of childhood malnutrition estimated at K1.6 billion annually. Your weekly digest of the latest business news

In brief: Incoming Treasurer to announce a 100-day economic plan, and other business stories

Treasurer Charles Abel wants to restore confidence in the economy, election unrest in Mt Hagen may cost businesses K50 million, and BCL board meets in Bougainville. Your weekly digest of the latest business news.

How Puma Energy services Papua New Guinea’s energy market

Since 2014, Puma Energy has been Papua New Guinea’s major refiner and retailer of petroleum products. Its also part of a global energy operation that spans 47 countries. Jim Collings, Country General Manager, explains some of the challenges of supplying a country which is still heavily reliant on diesel fuel.

In brief: Government seeking Budget support of US$500 million, and other business stories

Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.

In brief: Dual citizenship a reality by March, and other business stories

Dual citizenship almost a reality, Wereh outlines the impact of climate change on road design and funding, and the cost to business of family violence revealed. Your weekly digest of the latest business news.

In brief: Inflation expected to be 6 per cent, UNDP claims ‘timely’ expenditure reporting and POMSoX trading down 43 per cent

In brief: Inflation expected to hit 6 per cent, UNDP claims ‘timely’ expenditure reporting and POMSoX trading down 43 per cent

In brief: Mining resumes at the Porgera gold mine following partial closure, and other business stories

Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates ‘fairness’ of Oil Search takeover offer. Your weekly digest of the latest business news.

Spending cuts loom in Papua New Guinea Supplementary Budget; central bank governor to review kina restrictions

The Papua New Guinea government will cut K1.6 billion in expenditure from its 2015 Budget, and may seek further cuts of K1 billion, according to Treasury Secretary, Dairi Vele.

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

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.