Fisheries in Papua New Guinea: a sector profile

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A profile of the fisheries sector in Papua New Guinea including markets, licenses, permits and major players.

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Papua New Guinea government to review fisheries policies

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Papua New Guinea’s government is to review existing fishing policies to boost downstream processing and expand the market.

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In brief: Asian Development Bank downgrades Papua New Guinea’s growth outlook, and other business stories

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Papua New Guinea’s growth forecast downgraded by Asian Development Bank, Bank of PNG says growth this year will partly be driven by non-mineral sector activity, plus claims PNG’s global corruption rating will depend on government commitment to accountability. Your weekly digest of the latest business news.

In brief: Ok Tedi mine may resume operations in March, and other business stories

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The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.

In brief: Woodside Petroleum talks with National Petroleum Co after Oil Search takeover rejected, and other business stories

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Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.

In brief: the first stage of Lae’s port upgrade is completed, and other business stories

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Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.

In brief: New air traffic management system, corruption case ‘victory’ and boost for remote areas communications.

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A new national air traffic management system, Koim declares victory after jailing of MP on corruption charges and Tekikom and Digicel boost remote services. Your weekly digest of the latest business news.

In brief: PNGSDP divests assets, a new trade treaty with Australia and Bougainville to export copra oil

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PNGSDP begins divesting assets, a new trade treaty with Australia and Bougainville prepares to export copra oil. Your weekly digest of the week’s business news.

The Pacific Marine Industrial Zone: an update

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Work on the flagship project of Papua New Guinea’s fisheries industry, the Pacific Marine Industrial Zone (PMIZ) in Madang, is progressing steadily, with the presentation of the design concept in early 2012. While National Fisheries Authority Managing Director Sylvester Pokajam concedes ‘it has been slow going,’ he also says it has been important to get […]