Business
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PNG Government Invests K316 Million in Massive Hotel
March 16, 2017
PNG Government Invests K316 Million in Massive Hotel
The Mineral Resource Development Company announced the government’s investment in the Star Mountains Plaza project and welcomed the investment.
Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham
March 15, 2017
Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham
Domestic and global demand for coconut products will see this Papua New Guinea producer relocate, expand and create new lines.…
How rural women can become Papua New Guinea’s agribusiness entrepreneurs
March 15, 2017
How rural women can become Papua New Guinea’s agribusiness entrepreneurs
Women in rural Papua New Guinea are keen to engage in agribusiness but many have traditionally struggled to take leadership roles. That…
Oil settles a tad lower after sliding to 3-month lows
March 14, 2017
Oil settles a tad lower after sliding to 3-month lows
Image: FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd…
Oil Search’s assets ‘highly profitable’ despite weak prices says MD
March 11, 2017
Oil Search’s assets ‘highly profitable’ despite weak prices says MD
Peter Botten, Managing Director of PNG’s largest company Oil Search, tells Business Advantage PNG that the company’s PNG assets are ‘highly…
Why hosting APEC will transform Papua New Guinea
March 11, 2017
Why hosting APEC will transform Papua New Guinea
The APEC meeting in 2018 in Port Moresby will be a major boost for Papua New Guinea, David Toua, President…
Shell CEO urges switch to clean energy as plans hefty renewable spending
March 10, 2017
Shell CEO urges switch to clean energy as plans hefty renewable spending
HOUSTON (Reuters) – The oil and gas industry risks losing public support if progress is not made in the transition…
Oil prices slump amid ample supply, gold falls
March 10, 2017
Oil prices slump amid ample supply, gold falls
Image: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 8, 2017. REUTERS/Brendan…
Oil imports lift U.S. trade deficit to near five-year high
March 8, 2017
Oil imports lift U.S. trade deficit to near five-year high
Image: A mule truck moves a container in the Port of Miami in Miami, Florida, U.S., May 19, 2016. REUTERS/Carlo Allegri…
Deutsche Bank to raise 8 billion euros, plans major reorganization
March 6, 2017
Deutsche Bank to raise 8 billion euros, plans major reorganization
By Arno Schuetze FRANKFURT (Reuters) – Deutsche Bank plans to raise capital, list its asset management business and overhaul its…