Business Advantage PNG. Analysis, opinion and intelligence about Papua New Guinea and the region.

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  • by JASON P KANGOMA Treasurer Patrick Pruaitch is scheduled to hand down the 2017 Budget in Parliament this week. Given that 2017 is election year, the Budget is certain to be dominated by the usual O’Neill Regime spin and deceit, along with wasteful...

  • Business Advantage PNG IN his comments about the September 2014 Quarterly Economic Bulletin last week, Loi M Banaki, Governor of Papua New Guinea’s central bank, warned of inflationary pressures due to a depreciating kina (which has depreciated by ...

  • Papua New Guinea’s proposed Sovereign Wealth Fund was intended to stabilise the kina and secure assets for the future. But, as Paul Barker from the Institute of National Affairs argues, the government’s borrowing plan for Oil Search shares...

  • PNG river First shipments from a new LNG project in Papua New Guinea operated by Total are expected in 2021, a top executive involved in the project said on Wednesday. Total and its partners InterOil and Oil Search plan to begin marketing a total of...

  • CALGARY, ALBERTA--(Marketwired - May 13, 2016) - NOT FOR DISTRIBUTION TO U.S. NewsWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW High Arctic Energy...

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