Although many parts of the country are returning to normal, the Papua New Guinea drought is continuing to affect both its formal and informal economies. Business Advantage PNG receives an update on the situation from agricultural expert, Dr Mike Bourke.
PNG’s state-owned mine is undergoing a radical restructuring which will result in a 25% workforce cut and see the company move to a Fly-In, Fly-Out operation, says Managing Director and CEO, Peter Graham.
Last August, the O’Neill government announced a policy to create an agricultural ‘hub’ around Mount Hagen in Papua New Guinea’s Western Highlands Province. Business Advantage PNG asked business leaders and analysts what was needed for the region to achieve its potential.
An Israeli-backed and developed fruit and vegetable farm is delivering international standard produce for the domestic market in Papua New Guinea.
The national cabinet has approved the US $300 million (K829 m) development of the Stanley gas-condensate field in Western Province.
It’s been an ‘momentous’ year for Ok Tedi Mining Limited, according its CEO, Nigel Parker. Business Advantage PNG spoke to him about a tough year for Papua New Guinea’s largest mine and its likely future.
In an escalation of the public debate on the ownership of the Ok Tedi mine, the Chairman of the Papua New Guinea Sustainable Development Program Ltd (PNGSDP) has accused the government of ‘stealing’ Ok Tedi Mining Ltd.
Violence in Papua New Guinea gets wide international coverage but, closer to home, Australian media focuses on some good news stories.
Radio Australia reports that PNG Prime Minister Peter O’Neill has ‘ blasted his public service over the granting of controversial [SABL] leases’ and more …
The sky is the limit as Papua New Guinea’s remotest province sets off on a remarkable course of sustainable development.