Newsletter Issue 15th May 2015
Click here for this week’s newsletter, issued 15th May 2015
Newsletter Issue 8th May 2015
Click here for this week’s newsletter, issued 8th May 2015.
Newsletter Issue 1st May 2015
Click here for newsletter issue dated 1st May 2015
PNG banks operate in high risk environment, says S&P
Ratings agency Standard & Poor’s says Papua New Guinea’s banks operate in a ‘high risk’ environment in spite of LNG revenues and increased infrastructure spending by Govenrment. S&P analysts also suggest PNG needs more policies which promote economic growth beyond the resources sector. Three banks dominate Papua New Guinea’s banking system—BSP, ANZ and Westpac. According […]
ECONOMIC UPDATE: PNG CHANGES GEAR
Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy. In May 2014, Papua New Guinea achieved what some thought it would never do—it joined the […]
Newsletter 24th April 2015
Click here for this week’s newsletter, dated 24th April 2015.
Digicel’s new PNG chief sees connectivity and content converging
The new CEO of Digicel PNG believes the company is evolving into a provider of content as well as supplying connectivity. Maurice McCarthy tells Business Advantage PNG his first priority is to increase access to Digicel’s expanded network. Business Advantage PNG (BAPNG): In Fiji, you built up Digicel’s corporate business as well as its retail […]
Opinion: falling LNG revenues require a new strategy for the Papua New Guinea economy
The fall in global oil and gas prices will reduce the Papua New Guinea government’s revenue by at least K1.1 billion in 2016. A new Budget strategy is needed, argue economists Stephen Howe and Paul Flanagan, who suggest a solution may lie in the government selling its Oil Search shares. The extent to which falling […]
Steamships’ new chief in Papua New Guinea keeps powder dry for coming challenges and opportunities
The next 12 months or so is a time to digest and consolidate, says Peter Langslow, the incoming head of one of Papua New Guinea’s largest and oldest companies, Steamships Trading Company. He told Business Advantage PNG, however, it is also a time to prepare for fresh opportunities. Peter Langslow is a 30-year veteran with […]
Newsletter Issue 27th March 2015
Click here for this week’s newsletter, issued 27th March 2015
Newsletter Issue 20th March 2015
Click here for our newsletter issued 20th March 2015.
New PNG company law rules for directors
Major changes to Papua New Guinean company law have important ramifications for company directors, company secretaries, and those involved winding up a company. Richard Kriedemann and Sarah Kuman report on the impact of the new laws.The PNG parliament has passed amendments to the PNG Companies Act and introduced a new Business Names Act (2014).Directors need […]
