Features

New ports manager ICTSI outlines its plans for Lae and Motukea Island

A new player is now managing facilities at Papua New Guinea's two major ports—Lae and Motukea Island—and it is aiming high. Business Advantage PNG … [read on ...]

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 ...]

Latest news

New ports manager ICTSI outlines its plans for Lae and Motukea Island

Conducting stevedoring transactions in US dollars instead of kina is an opportunity to get in much-needed foreign exchange, according to Ted Muttiah, Director, Asia Pacific, for ICTSI South Pacific. He tells Business Advantage PNG the company, which has been appointed to manage new ports at Motukea and Lae, is aiming high.

IMF report says Papua New Guinea Government taking initiative but challenges remain considerable

A report on the state of the Papua New Guinea economy by the International Monetary Fund (IMF) says the Government has taken some ‘bold steps’ in its economic management. But it contends that the challenges are considerable and would be best managed with an ‘active’ approach to macroeconomic management.

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.

Read more News

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

What can Papua New Guinea business look forward to in 2018?

As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.

IMF report says Papua New Guinea Government taking initiative but challenges remain considerable

A report on the state of the Papua New Guinea economy by the International Monetary Fund (IMF) says the Government has taken some ‘bold steps’ in its economic management. But it contends that the challenges are considerable and would be best managed with an ‘active’ approach to macroeconomic management.

Read more on this topic ...

Opinion and analysis

What can Papua New Guinea business look forward to in 2018?

As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.

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.

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

New ports manager ICTSI outlines its plans for Lae and Motukea Island

Conducting stevedoring transactions in US dollars instead of kina is an opportunity to get in much-needed foreign exchange, according to Ted Muttiah, Director, Asia Pacific, for ICTSI South Pacific. He tells Business Advantage PNG the company, which has been appointed to manage new ports at Motukea and Lae, is aiming high.

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.

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

New ports manager ICTSI outlines its plans for Lae and Motukea Island

Conducting stevedoring transactions in US dollars instead of kina is an opportunity to get in much-needed foreign exchange, according to Ted Muttiah, Director, Asia Pacific, for ICTSI South Pacific. He tells Business Advantage PNG the company, which has been appointed to manage new ports at Motukea and Lae, is aiming high.

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Features

New ports manager ICTSI outlines its plans for Lae and Motukea Island

Conducting stevedoring transactions in US dollars instead of kina is an opportunity to get in much-needed foreign exchange, according to Ted Muttiah, Director, Asia Pacific, for ICTSI South Pacific. He tells Business Advantage PNG the company, which has been appointed to manage new ports at Motukea and Lae, is aiming high.

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

What can Papua New Guinea business look forward to in 2018?

As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.

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