Features

Seven questions for Derek Aihari, Director of InvestSolomons

The Solomon Islands economy has experienced steady growth over the last two years. Derek Aihari, Director of InvestSolomons tells Business Advantage … [read on ...]

Local knowledge and ‘being there’ critical for business success in the Pacific region

Looking to invest successfully in the Pacific region? There’s no substitute for understanding your market and its people by being on the ground. Three … [read on ...]

Shift in demand for ‘exotic’ minerals resources could provide opportunities for Papua New Guinea

A shift in the resources industry is expected, with demand for more 'exotic' minerals increasing. But Justin Smirk, Senior Economist at Westpac … [read on ...]

Boosting Papua New Guinea agriculture the way out of poverty, as new dairy farm starts production

There are compelling reasons to boost Papua New Guinea's agriculture sector, according to Ilan Weiss, Chairman of Innovative Agro Industry. It can … [read on ...]

Timor-Leste open to investment in oil, gas, tourism, agriculture and fisheries, says Ambassador

With its longstanding dispute with Australia over the Timor Sea resolved, neighbouring Timor-Leste looks set to expand its petroleum and mineral … [read on ...]

Latest news

People moves: MiBank, GoFood PNG, Forum Fisheries Agency

A new Director at MiBank, Chief Technology Officer appointed at GoFood PNG, Deputy Director-General of Forum Fisheries Agency appointed

APEC planning on track says CEO

Chris Hawkins, Chief Executive Officer of the APEC PNG Co-ordination Authority believes sceptics about Papua New Guinea’s ability to host APEC will be proven wrong. The policy areas that will be emphasized are improving connectivity, creating sustainable and inclusive growth, and implementing structural reform.

In brief: Details of US$500m Credit Suisse loan to Papua New Guinea revealed, and other business stories

Treasury Minister outlines details of US$500 million loan deal, World Bank commends 2018 Budget, crucial meeting over the future of BCL’s exploration licence. Your weekly digest of the latest business news.  

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Mining & petroleum

Frieda River MD announces ambitious rethink on project

The Managing Director of PanAust, Fred Hess, has announced a rethink on the company’s proposed Frieda River mine project. ‘It is no longer just a mining project’—it is a development project for the Sandaun and Sepik provinces, he told the Papua New Guinea Mining and Petroleum Conference in Port Moresby. 

MRA executive calls for better protection of mining tenements in Papua New Guinea

The next decade could be a ‘golden’ one for the mining sector, believes Roger Gunson, Executive Manager, Regulatory Operations at the Mineral Resources Authority. But he has called for changes to Papua New Guinea’s government policy to better protect mining tenements.

More on mining and petroleum ...

Economy/investment

APEC planning on track says CEO

Chris Hawkins, Chief Executive Officer of the APEC PNG Co-ordination Authority believes sceptics about Papua New Guinea’s ability to host APEC will be proven wrong. The policy areas that will be emphasized are improving connectivity, creating sustainable and inclusive growth, and implementing structural reform.

How to open up Papua New Guinea’s capital markets

Could Papua New Guinea Government bonds and treasury bills soon be purchased anywhere in the world with the click of a button? A new working group aims to look at ways to modernise the way the country raises money.

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Opinion and analysis

Opinion: seven things that make a successful expatriate in Papua New Guinea

It takes a certain kind of person to be successful as an expatriate in Papua New Guinea, according to Fraser Hawkins, Principal Consultant at Peopleconnexion Recruitment. He explains how the right attitude matters just as much as what is on paper.

Opinion: Papua New Guinea can take lead in blockchain technology

Papua New Guinea has the opportunity to take the lead in blockchain technologies, says the former Chief Information Officer at Kina Securities, Aaron Bird. The technology, he says, can be used for much more than cryptocurrencies such as bitcoin.

Read more opinion/analysis

Interviews

Mastercard talks smart chip technology in Papua New Guinea

Mastercard is working with its banking partners to introduce smart card chip technology and contactless payments to Papua New Guinea (PNG). Craig Kirkland, Director of Pacific Islands for Mastercard talks to Business Advantage PNG about this technology and why PNG is an important market for the company.

Seven questions for Derek Aihari, Director of InvestSolomons

The Solomon Islands economy has experienced steady growth over the last two years. Derek Aihari, Director of InvestSolomons tells Business Advantage PNG that the country is looking to develop its already close links to Papua New Guinea.

Infrastructure

Oil Search to triple output in a decade, says Botten

Oil Search may look to list its power business on the Papua New Guinea stock exchange, Peter Botten, Managing Director of Oil Search tells Business Advantage PNG. He says that in 10 years he hopes the company’s production will have tripled.

Port Moresby Governor to consider offering settlement residents title

The National Central District has launched an urban development program, which will run into the middle of next year. Governor of Port Moresby, Powes Parkop, said he will be looking to upgrade Port Moresby’s settlements and explore ways to offer residents title.

More on infrastructure ...

Company profiles

Mainland CEO calls for Papua New Guinea Land Bank register of landowners to develop crop planting

The CEO of Mainland Holdings wants a national register of landowners willing to lease their land or grow crops on their property. David Alcock has also outlined his company’s plans to boost feedstock for poultry and pigs, to reduce costs and save foreign exchang

Airways Hotel GM says APEC will boost whole hotel sector in Papua New Guinea

The General Manager of Port Moresby’s Airways Hotel, Sushil Gordon, tells Business Advantage PNG that increased competition will be a boost to Papua New Guinea’s whole hospitality sector. He says next year’s APEC meeting represents a great opportunity.

Read more profiles ...

Latest News

People moves: MiBank, GoFood PNG, Forum Fisheries Agency

A new Director at MiBank, Chief Technology Officer appointed at GoFood PNG, Deputy Director-General of Forum Fisheries Agency appointed

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Features

Seven questions for Derek Aihari, Director of InvestSolomons

The Solomon Islands economy has experienced steady growth over the last two years. Derek Aihari, Director of InvestSolomons tells Business Advantage PNG that the country is looking to develop its already close links to Papua New Guinea.

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: seven things that make a successful expatriate in Papua New Guinea

It takes a certain kind of person to be successful as an expatriate in Papua New Guinea, according to Fraser Hawkins, Principal Consultant at Peopleconnexion Recruitment. He explains how the right attitude matters just as much as what is on paper.

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