Features

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

The program for the Business Advantage Papua New Guinea Investment Conference has been announced, highlighting business opportunities across PNG’s … [read on ...]

The view from the Shangri-La Hotel, Sydney

Papua New Guinea using multiple energy sources to meet growing need

Papua New Guinea is taking a multi-pronged approach to energy provision. Business Advantage PNG takes a look at how the nation is meeting its … [read on ...]

Gas has become part of PNG's energy mix Source: ExxonMobil

‘Good, steady growth’ in Solomon Islands, says Bank South Pacific country manager

David Anderson, Bank South Pacific’s Country Manager in the Solomon Islands, shares an overview of the country’s economy with Business Advantage PNG. … [read on ...]

Honiara

Yamaha’s Papua New Guinea boat manufacturing setting new standards, says Ela Motors CEO

Where in the world is Yamaha’s biggest boat manufacturing project? It's in Papua New Guinea, Takeshi Abe, Chief Executive Officer of Ela Motors, tells … [read on ...]

Taxi terminal at Lae Source: Ela Motors

Young Bitcoin entrepreneur brings Silicon Valley to Papua New Guinea

A young Papua New Guinean entrepreneur is bringing Silicon Valley to PNG to help boost financial inclusion in the country.  Day One Investments' Shane … [read on ...]

Day One Investments' Shane Ninai addresses a block chain event in London earlier this year.

Latest news

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

The provisional program for the 2017 Papua New Guinea Investment Conference has been released, highlighting business opportunities across PNG’s economy. The conference will be organised by the publisher of www.businessadvantagepng.com, and will be held at the Shangri-La Hotel in Sydney, Australia, on 7 and 8 September.

In Brief: Election campaign period to last eight weeks, and other business stories

Electoral Commissioner says campaign period will last eight weeks, Ombudsman suspends release of development funds until after the election and cocoa production back to average levels before borer struck. Your weekly digest of the latest business news.

Five questions for: Edwini Kessie, Pacer Plus Chief Trade Adviser

The long-awaited Pacer-Plus Pacific trade agreement is expected to be signed in early June, after the 14 Pacific countries concluded their talks in Brisbane last week. But Papua New Guinea and Fiji have said they will not participate. Business Advantage PNG asked World Trade Organisation negotiator, Edwini Kessie, what PNG is missing out on.

Read more News

Mining & petroleum

Commodity prices weak but precious metals up: a monthly review of commodity and financial markets

It has been a bad month for most commodity prices, but not precious metals. The weakness in Liquefied Natural Gas (LNG) prices has continued, with the price falling sharply over the last month. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.

Total close to decision on cooperation with PNG LNG plant, says MD Blanchard

The operator of the second Papua New Guinea LNG project says overcoming technical and environmental issues will determine if Total joins the existing PNG LNG trains. Managing Director, Philippe Blanchard, says a decision will be made within the next 5-6 months.

More on mining and petroleum ...

Economy/investment

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

The provisional program for the 2017 Papua New Guinea Investment Conference has been released, highlighting business opportunities across PNG’s economy. The conference will be organised by the publisher of www.businessadvantagepng.com, and will be held at the Shangri-La Hotel in Sydney, Australia, on 7 and 8 September.

Higher commodity prices the key to improving Papua New Guinea credit ratings, says Standard & Poor’s Global Ratings

High debt and deficit levels are why the ratings agency S&P has kept its Papua New Guinea country rating at B+/B, with a negative outlook. S&P Director, Craig Michaels, tells Business Advantage PNG higher commodity prices are the key to lifting the rating.

Read more on this topic ...

Opinion and analysis

Opinion: The Institute of National Affairs reaches a milestone as the voice of reason in Papua New Guinea

The Papua New Guinea Institute of National Affairs celebrates 40 years this year as the country’s leading ‘think tank’, research and public policy advisory service for government and business on key economic issues. Executive Director, Paul Barker, reflects on its history and achievements.

Analysis: how does Bank South Pacific measure up to Australian banks?

Sir Kostas Constantinou, the Chairman of Bank South Pacific (BSP), has indicated the bank is considering a listing on the Australian Securities Exchange (ASX). Looking at some common ways of assessing a bank’s suitability for investment, how does Papua New Guinea’s largest bank measure up to Australia’s banks?

Read more opinion/analysis

Interviews

Five questions for: Edwini Kessie, Pacer Plus Chief Trade Adviser

The long-awaited Pacer-Plus Pacific trade agreement is expected to be signed in early June, after the 14 Pacific countries concluded their talks in Brisbane last week. But Papua New Guinea and Fiji have said they will not participate. Business Advantage PNG asked World Trade Organisation negotiator, Edwini Kessie, what PNG is missing out on.

Trukai to expand its Papua New Guinea rice production despite uncertainty, says CEO Worthington-Eyre

With the Papua New Guinean Government remaining tight-lipped on progression of its proposed rice policy, Trukai Industries is going ahead with the expansion of its rice business, Chief Executive Officer Greg Worthington-Eyre tells Business Advantage PNG.

Infrastructure

Papua New Guinea using multiple energy sources to meet growing need

Papua New Guinea is taking a multi-pronged approach to its energy provision. Business Advantage PNG takes a look at the nation’s approach to meeting its power needs.

Why hosting APEC will transform Papua New Guinea

The APEC meeting in 2018 in Port Moresby will be a major boost for the country, David Toua, the President of the Business Council of PNG (BCPNG), tells Business Advantage PNG. Analysts say in the past benefits have been shown to outweigh the costs.

More on infrastructure ...

Company profiles

Middle class in Papua New Guinea looking for quality housing, says Hornibrook MD

The emerging middle class in Papua New Guinea is looking for better housing says Matthew Lewis, Managing Director of Hornibrook NGI. He tells Business Advantage PNG that the steel fabrication and building company sees great opportunity in the housing sector, despite currently difficult economic conditions.

Monier focuses on quality as it prepares for next phase of Papua New Guinea infrastructure development

Monier is Papua New Guinea’s largest producer of construction and building materials. In PNG’s demanding environment, a focus on quality has been key to its success.

Read more profiles ...

Latest News

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

The provisional program for the 2017 Papua New Guinea Investment Conference has been released, highlighting business opportunities across PNG’s economy. The conference will be organised by the publisher of www.businessadvantagepng.com, and will be held at the Shangri-La Hotel in Sydney, Australia, on 7 and 8 September.

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Features

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

The provisional program for the 2017 Papua New Guinea Investment Conference has been released, highlighting business opportunities across PNG’s economy. The conference will be organised by the publisher of www.businessadvantagepng.com, and will be held at the Shangri-La Hotel in Sydney, Australia, on 7 and 8 September.

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: The Institute of National Affairs reaches a milestone as the voice of reason in Papua New Guinea

The Papua New Guinea Institute of National Affairs celebrates 40 years this year as the country’s leading ‘think tank’, research and public policy advisory service for government and business on key economic issues. Executive Director, Paul Barker, reflects on its history and achievements.

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