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PNG Ports accelerates Lae Industrial Park build; project to revive beche-de-mer export industry; analysis: lingering questions for PNG's budget

PNG Business Update

February 10, 2016
Airways Hotel

Latest news

PNG Ports accelerates Lae Industrial Park build, as Stage 2 of port commences

Work on Lae's Huon Industrial Park has been accelerated while stage two of the Lae Port development is on track to start by mid-2016, according to Stanley Alphonse, the CEO of PNG Ports Corporation, who spoke with Business Advantage PNG. Read on...


Project to revive PNG’s lucrative beche-de-mer export industry begins at new mariculture centre in Kavieng

A four-year, A$1.7 million (K3.6 million) project has begun to map out how to revive Papua New Guinea’s dormant sea cucumber industry. Read on...
 


Opinion

Analysis: lingering questions for Papua New Guinea's 2016 budget: APEC and public debt

The 2016 Budget was an emergency one for Papua New Guinea. Adjusting to a 20% collapse in revenue caused by plummeting commodity prices and an economic slow-down, the government has implemented harsh expenditure cuts. The Lowy Institute's Jonathan Pryke examines the budgetary impact of holding the APEC summit in Port Moresby in 2018. Read on...
 

People moves

KPMG, Prime Minister's office, Business Advantage International, PNG Royal Constabulary

Retirement at KPMG, a new Chief Secretary to the PM, new Managing Editor for Business Advantage International and a deputy police commissioner appointed. Read on...
 

In brief

PNG preparing to refinance Oil Search share loan, and other business stories

Banks vie to renew government's loan for shares in Oil Search, structural faults in Phase One of new Lae port, OK Tedi to resume operations next month. Your weekly roundup of the latest business news. Read on...


Business connect

Dakota Suite Valentine's Day luxury offer at Airways

Take Valentine's Day to the next level and experience our premium room, gourmet dining, massages and more. Read on...


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