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Sime Darby set for expansion; Fish stocks slump despite scheme; Forest industry calls for affordable housing.

PNG Business Update

March 4, 2015
PNG LNG

Latest news

Sime Darby expansion to follow takeover of Papua New Guinea’s New Britain Palm Oil

Malaysian conglomerate Sime Darby has indicated it will expand processing operations through its takeover of New Britain Palm Oil, following its final purchase of Papua New Guinea's largest agribusiness. Read on...
 

Features

Fish stocks slump in spite of scheme, says Papua New Guinea tuna industry

Papua New Guinea’s tuna industry leaders are calling for reform of the regional Vessel Day Scheme, saying it is counterproductive, speeding up stock depletion with the size of catches getting smaller. Read on...
 

Papua New Guinea forest industry leaders call for ‘affordable housing’ project to be completed locally

It’s critical for the future of Papua New Guinea's forestry and manufacturing sectors that the Government's planned 40,000 ‘affordable houses’ be built in PNG by local suppliers, industry leaders tell Business Advantage PNG. Read on...
 

In brief

Total to lead Elk-Antelope gas development, and other business stories

Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news. Read on..
 

People moves

New Britain Palm Oil, Nambawan Super, Post-Courier

New board members for New Britain Palm Oil, a new Chief Investment Officer at Nambawan Super, and a new Chairman at the Post-Courier. Read on...
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