More details about the potential of the Elk-Antelope LNG Project emerge, 108 companies apply for exemptions to minimum wage increase, and social media fundraising underway to buy Bougainville cocoa. Your weekly digest of the latest business news.
Steamships
New senior appointments at NASFUND, a new director at Steamships, and a new Managing Director at PanAust
A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.
Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
The Papua New Guinea Government has increased its stake in mobile phone company Bemobile, following the collapse of a deal with the Fiji National Provident Fund.
One of PNG’s largest and most diversified companies has a new Managing Director. We caught up with Steamships’ Geoff Cundle (pictured below) a few weeks into his new job.
Changes at Steamships/BSP
Greater access, improved accommodation and a unique culture lure greater numbers of visitors to Papua New Guinea.
Business leaders provide their own take on opportunities in PNG’s economy.