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Oil prices rise on expectation of output cut extension

Oil prices rise on expectation of output cut extension

Oil prices rose on Monday as Saudi Arabia's energy minister said an OPEC-led production cut scheduled to end in June…
Australia to hold new inquiry into ‘Big Four’ banks

Australia to hold new inquiry into ‘Big Four’ banks

Australia's four major lenders - Commonwealth Bank of Australia, Westpac Banking Corp, ANZ Banking Group and National Australia Bank -…
Madang Resort Owner, Sir Peter Barter, says government needs to support tourism in the provinces

Madang Resort Owner, Sir Peter Barter, says government needs to support tourism in the provinces

The owner of the Madang Resort, Sir Peter Barter says the government needs to support tourism in the provinces a…
Kerema Welcomes Opening of Nambawan Supa Branch

Kerema Welcomes Opening of Nambawan Supa Branch

The Kerema branch is the latest addition to 10 established Nambawan Supa Limited (NSL) branches under the current partnership with…
IPA signals crack down on foreign ownership rorts in Papua New Guinea

IPA signals crack down on foreign ownership rorts in Papua New Guinea

Papua New Guinea’s Investment Promotion Authority (IPA) has flagged that it will be clamping down on abuses of the foreign…
Economic update: positive signs for Papua New Guinea economy despite weak commodity prices

Economic update: positive signs for Papua New Guinea economy despite weak commodity prices

The fall in global commodity prices has had a negative impact on Papua New Guinea’s economy. However, as Andrew Wilkins…
Releasing more land key to increasing Papua New Guinea home ownership

Releasing more land key to increasing Papua New Guinea home ownership

Demand for housing in Papua New Guinea is strong but there is a shortage of supply, according to the latest survey by…
Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

The program for the Business Advantage Papua New Guinea Investment Conference has been announced, highlighting business opportunities across PNG’s economy. The…
Improve Resource Revenue Management

Improve Resource Revenue Management

Papua New Guinea’s reputation as a country built on the extractive resource sector has been on the increase in recent…
Oil slips 1 percent as rising output faces weak demand worries

Oil slips 1 percent as rising output faces weak demand worries

Image: FILE PHOTO: A worker walks past a pump jack on an oil field owned by the Bashneft company near Nikolo-Berezovka,…
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