Business
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NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance
February 24, 2017
NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance
Despite tough economic conditions in 2016, a major superannuation provider has managed to achieve solid financial results. On Thursday, NASFUND…
Enabling Market Access for Small Businesses
February 22, 2017
Enabling Market Access for Small Businesses
Access to markets will mean more business, a healthy contribution to the economy and the exposure of PNG, internationally.
Foreign exchange shortages open up opportunities for Papua New Guinea’s manufacturers
February 22, 2017
Foreign exchange shortages open up opportunities for Papua New Guinea’s manufacturers
The difficulty in getting foreign exchange is making goods made in Papua New Guinea more attractive, local manufacturers tell ‘Business…
Wall Street challenges U.S. regulator over proposed commodities rule
February 22, 2017
Wall Street challenges U.S. regulator over proposed commodities rule
By Olivia Oran (Reuters) – Wall Street is pushing back against a proposed rule to force U.S. banks like Goldman…
Oil Search announces Record Oil and Gas Production
February 21, 2017
Oil Search announces Record Oil and Gas Production
Oil Search has announced record oil and gas production in 2016. The high oil and gas production of 30.24 million…
InterOil shareholders approve revised takeover proposal
February 16, 2017
InterOil shareholders approve revised takeover proposal
InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek. In a…
Asian stocks at 1-1/2 year highs on robust Wall Street; dollar retreats
February 16, 2017
Asian stocks at 1-1/2 year highs on robust Wall Street; dollar retreats
HONG KONG (Reuters) – Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on…
What the IMF says will solve PNG’s problems
February 16, 2017
What the IMF says will solve PNG’s problems
An IMF report on Papua New Guinea has suggested that the Government has responded to pressures on the budget and…
What’s on the agenda for Papua New Guinea business in 2017?
February 16, 2017
What’s on the agenda for Papua New Guinea business in 2017?
As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up…
Forestry leader says PNG industry facing challenges from China
February 16, 2017
Forestry leader says PNG industry facing challenges from China
Papua New Guinea’s forestry faces fierce competition and pricing challenges, Chief Executive of the Forest Industries Association, Bob Tate, tells…