PNG a logical bid for Woodside
Woodside Petroleum and Oil Search confirmed yesterday that two of Australia’s oldest oil and gas companies have sat down for coffee to discuss a shared future, a move that could delay the Browse FLNG project further. Woodside has made a non-binding indicative proposal valued at around $11.65 billion to the Papua New Guinea-focused Oil Search […]
The case for reforming PNG’s tax regime
After two years of research and hearings, the PNG Tax Review Committee is due to present its final report to Government next month. PricewaterhouseCoopers PNG’s Jason Ellis looks at the tax reform measures it is likely to recommend. The Committee is expected to recommend the reductions in tax rates be funded by an increase in […]
Port Moresby 2018 APEC Summit to deliver significant opportunities for PNG business
Papua New Guinea’s APEC 2018 Coordination Authority is on track to deliver its budget for the 2018 event later this year, with interim CEO Christopher Hawkins saying it will highlight the opportunities the business sector can capitalise on. Businesses throughout Port Moresby can expect to find a wide range of opportunities in the lead-up to […]
Newsletter Issue 28th August 2015
Click here for this week’s newsletter, dated 28th August 2015.
Newsletter Issue 21st August 2015
Click here for this week’s newsletter, dated 21st August 2015.
Disaster planning in the Pacific: insurance industry can help
Asian Development Bank analysis shows just how vulnerable Pacific nations are to natural disasters, but what can be done to better manage the risk? Wayne Dorgan from leading Papua New Guinea insurer Pacific MMI calls on disaster co-ordinators in the region to consult more closely with the insurance industry. The Asian Development Bank’s (ADB) July […]
ANZ PRESENTS ITS VISION FOR FUTURE OF PNG ELECTRICITY
ANZ’s timely discussion paper, Powering PNG into the Asian Century, argues for further reform in Papua New Guinea’s electricity sector and a greater reliance on newer, cleaner energy technologies. Powering PNG into the Asian Century follows on from Bold Thinking, a 2013 PNG-focused report also compiled for ANZ by research firm Port Jackson Partners. This […]
Newsletter Issue 14th August 2015
Click here for this week’s newsletter, dated 14th August 2015.
How one town in PNG found life after the gold rush
Sustainability and value-adding are repeatedly stated as the goals for Papua New Guinea’s forestry sector. Ian Neubauer visits Bulolo in Morobe Province, an old gold-mining town that has re-invented itself with a sustainable timber industry. In 1932, the Bulolo Gold Dredging Company airlifted a 110- tonne dredge piece by piece from the port city of […]
Newsletter Issue 7th August 2015
Click here for this week’s newsletter, issued 7th August 2015.
Ok Tedi closure could cost PNG K2.7 billion
The El Nino weather pattern which has seen the temporary closure of the Ok Tedi mine could potentially last for up to a year, according to former senior PNG agriculture business executive, Bob Hansen, adding the loss of mining income could be as much as K2.77 billion a year. Ok Tedi Mining Limited (OTML) has […]
Two milestones on the way to improved electricity in PNG
Two new milestones on the way to boosting electricity access to 70 per cent of Papua New Guineans households are due this month. Business Advantage PNG speaks with Roberto Aiello, Senior Energy Specialist with the World Bank, which is supporting the PNG government with its energy development plans. Under the PNG government’s Vision 2050 Development […]
