Features

What are Papua New Guineans looking at on the Internet?

Which are Papua New Guinea's favourite websites? While it's no surprise that Google and Facebook dominate, Business Advantage PNG's analysis of web … [read on ...]

Lae’s Unitech undergoes ‘cultural change’ to produce better qualified students

The University of Technology (Unitech) in Lae is marking its fiftieth anniversary. Vice Chancellor Albert Schram tells Business Advantage PNG that the … [read on ...]

Domestic credit in Papua New Guinea sound, say finance executives

Businesses in Papua New Guinea may be finding it hard to get foreign exchange, but credit quality within the domestic economy remains relatively … [read on ...]

Singapore emerging as a regional option for Papua New Guinea companies

Businesses in Papua New Guinea seeking to establish a presence in the Asian region are increasingly looking at Singapore as a stepping-stone to expand … [read on ...]

Cooperation in resources sector improving Papua New Guinea’s international standing, says analyst

Cooperation amongst the energy majors in Papua New Guinea is leading to greater efficiency and higher international standing, according to industry … [read on ...]

Latest news

Papua New Guinea government needs a revenue strategy says Treasury Secretary

The Papua New Guinea Government needs to look at raising more revenue, as well as keeping its expenditure under control, according to Dairi Vele, Secretary of the Department of Treasury.

In brief: More than just a Supplementary Budget needed says UN Country Manager, and other business stories

Roy Trivedy says Supplementary Budget is essential but not enough, Telikom and bmobile merger approved, visas for SME workers on hold.

Papua New Guinea’s new National Trade Policy calls for better overseas market access

Papua New Guinea’s National Trade Policy has just been released. It calls for greater liberalisation of the domestic economy and enhanced efforts to improve market access for PNG’s exports. Business Advantage PNG looks into the detail.

Read more News

Mining & petroleum

Business Council encourages new Papua New Guinea government to broaden industry and tax bases

Papua New Guinea’s foreign exchange problems are a symptom of an overly narrow industry base, according to a new report by the Business Council of PNG. It says the new government also needs to look at widening the tax base and improving infrastructure.

Oil prices recover and coffee and cocoa up: a monthly review of Papua New Guinea’s commodity and financial markets

Oil prices have recovered and coffee and cocoa are both strong. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.

More on mining and petroleum ...

Economy/investment

Papua New Guinea government needs a revenue strategy says Treasury Secretary

The Papua New Guinea Government needs to look at raising more revenue, as well as keeping its expenditure under control, according to Dairi Vele, Secretary of the Department of Treasury.

European Investment Bank looking to expand in the Pacific, says regional Head

The European Investment Bank has received a mandate from the European Union to invest in infrastructure projects in the Pacific, including in Papua New Guinea. Head of the EIB’s Pacific Regional Office, Adam Bruun explains to Business Advantage PNG some of the priorities and operational practices of the Bank.

Read more on this topic ...

Opinion and analysis

Opinion: How to succeed in business in China

Those who want to succeed in China should have their eye on the long term, business futurist David Thomas tells Business Advantage PNG. He says patience is critical and expectations should be kept realistic.

Selling Papua New Guinea as a business and investment destination

September’s Papua New Guinea Investment Conference in Sydney is designed to promote Papua New Guinea as a key business destination in our region. Business Advantage International’s Andrew Wilkins reveals some of the planning that is going into the program.

Read more opinion/analysis

Interviews

Five questions about the Solomon Islands to the IFC’s Vsevolod Payevskiy

The Solomon Islands’ economy has a rich resource base but faces many obstacles, according to Vsevolod (Seva) Payevskiy, Country Resident Representative for the International Finance Corporation. He tells Business Advantage PNG the best options for growth are agriculture, fisheries, mining and tourism.

Time for ‘new blood’ at Kina Securities with CEO Yates to step down

Syd Yates, Chief Executive of Kina Securities, has announced that he will relinquish the role next month after 20 years with the company, with Westpac’s Greg Pawson joining the company. Yates tells Business Advantage PNG he believes it is time for new blood.

Infrastructure

Unitech’s new ‘Uni-City’ development to get underway next year, says Vice-Chancellor

A new development on the Papua New Guinea University of Technology’s campus in Lae will give PNG’s second city its first shopping mall. Vice-Chancellor Dr Albert Schram tells Business Advantage PNG the plan includes housing, shops, banks and business offices.

Business Council encourages new Papua New Guinea government to broaden industry and tax bases

Papua New Guinea’s foreign exchange problems are a symptom of an overly narrow industry base, according to a new report by the Business Council of PNG. It says the new government also needs to look at widening the tax base and improving infrastructure.

More on infrastructure ...

Company profiles

Credit Corp to open operations in Timor Leste, says CEO

While it is adapting to increased competition and quieter market conditions at home, PNG’s largest finance company, Credit Corporation, is not standing still. Chief Executive Tor Bowen tells Business Advantage PNG that the company will open its first South East Asian operation, in neighbouring Timor Leste.

How Puma Energy services Papua New Guinea’s energy market

Since 2014, Puma Energy has been Papua New Guinea’s major refiner and retailer of petroleum products. Its also part of a global energy operation that spans 47 countries. Jim Collings, Country General Manager, explains some of the challenges of supplying a country which is still heavily reliant on diesel fuel.

Read more profiles ...

Latest News

Papua New Guinea government needs a revenue strategy says Treasury Secretary

The Papua New Guinea Government needs to look at raising more revenue, as well as keeping its expenditure under control, according to Dairi Vele, Secretary of the Department of Treasury.

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Features

What are Papua New Guineans looking at on the Internet?

Which are Papua New Guinea’s favourite websites? While it’s no surprise that Google and Facebook dominate, Business Advantage PNG’s analysis of web rankings data suggests local content is holding its own.

Turning security guards into role models in Papua New Guinea

A new initiative aimed at improving standards across Papua New Guinea’s security industry is being welcomed as a significant step forward. [Read more ...]

Opinion

Opinion: How to succeed in business in China

Those who want to succeed in China should have their eye on the long term, business futurist David Thomas tells Business Advantage PNG. He says patience is critical and expectations should be kept realistic.

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