The privatised company is said to be profitable now, though it still benefits from a 10 per cent tariff and has a monopoly on the cement market in PNG. It has also had difficulty meeting demand in the ...

The Papua New Guinean capital, a tiny cluster of high rise and residential buildings housing some 300,000 people on the Pacific nation’s southern coast, has been preparing all year for the Asia ...

In addition, projects that attempt to address climate change will also be subsidised. In April 2018 the government of PNG announced plans to issue $500m of 10-year eurobonds before the end of the year ...

PNG’s capital markets date back to 1994 ... and it was delisted from POMSoX in April that year. As of August 2018 there were 14 companies listed on POMSoX, with the exchange reporting total market ...

Australia will spend $25 million this year as part of a major international effort to get electricity to some of the most remote parts of PNG. Source: AAP Australia will put $25 million this year ...

A year after the collapse of a bridge ... that has precedent in the country. In December 2018, another Malaysian logging company, Samas PNG Ltd., constructed a new road and a number of bridges ...

but this is likely to be spent over several years and is only a very small proportion of the state budget. Losing eight weeks of production at the LNG project is balanced out by the increase in oil ...

Production this year is now forecast to be ... “The first quarter of 2018 was one of the most challenging in Oil Search’s and PNG’s history,” said Peter Botten, managing director of ...