Features

Putting people first in Papua New Guinea business: the human resources challenge

Managing human resources is always one of the principle challenges in business. In Papua New Guinea, the approaches have to be specific to the local … [read on ...]

service-celebration-2

Papua New Guinea must take advantage of growing global coffee consumption, say leading exporters

Papua New Guinea's coffee industry needs to capitalise on the growing global demand for coffee, industry exporters and promoters tell Business … [read on ...]

Coffee roasting. Credit: Pacific Islands Trade & Invest.

Junior miners continue to explore in Papua New Guinea, despite difficult market

While market conditions continue to challenge junior mining companies working in Papua New Guinea, some small mining companies such as Gold Mountain … [read on ...]

rig-on-project-site-frontier-resources

New exchange may see internet costs in Papua New Guinea fall, says analyst

While a consultancy's report has shown that internet costs in Papua New Guinea are amongst the highest in the world, prices are falling. … [read on ...]

An optical fibre patch panel at an Internet Exchange. Credit: CC BY-SA 3.0

Hotel investments transforming Port Moresby into regional conference venue

By the time of the APEC Summit in 2018, Port Moresby could have as many as 2590 high-end hotel rooms, and conference capacity for many thousands. … [read on ...]

Stanley lobby

Latest news

In brief: Supplementary Budget in January to address tax measures, and other business stories

Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.

Mining Act decision to be postponed until after election says Peter O’Neill

The Prime Minister, Peter O’Neill, has told the Mining and Petroleum Investment Conference in Sydney that there will be no decision on the Mining Act until after next election. He also indicated that the Government will pursue bi-lateral trade deals.

Harmony keen to expand by exploring brownfield opportunities, says CEO Johannes van Heerden

Opportunities exist for brownfield expansion at the Hidden Valley mine, Johannes van Heerden, Chief Executive Officer of Southeast Asia for Harmony Gold, tells Business Advantage PNG. He believes this gives the company a competitive advantage in the region.

Read more News

Mining & petroleum

Mining Act decision to be postponed until after election says Peter O’Neill

The Prime Minister, Peter O’Neill, has told the Mining and Petroleum Investment Conference in Sydney that there will be no decision on the Mining Act until after next election. He also indicated that the Government will pursue bi-lateral trade deals.

Harmony keen to expand by exploring brownfield opportunities, says CEO Johannes van Heerden

Opportunities exist for brownfield expansion at the Hidden Valley mine, Johannes van Heerden, Chief Executive Officer of Southeast Asia for Harmony Gold, tells Business Advantage PNG. He believes this gives the company a competitive advantage in the region.

More on mining and petroleum ...

Economy/investment

Copper down but palm oil up: a monthly review of commodities and financial markets

Copper and cocoa prices have eased sharply over the last month, while palm oil prices have surged. Gas and oil prices are largely unchanged and precious metals prices have eased. Business Advantage PNG’s monthly overview of commodity and financial markets.

Kina to continue to ease until 2018, putting pressure on foreign exchange, according to ANZ

Papua New Guinea has an improving current account, says Cameron Bagrie, New Zealand Chief Economist for the ANZ Bank. But he says if the financial imbalances are to be dealt with effectively, there needs to be a plan for fiscal consolidation and attention to small details at the microeconomic level.

Read more on this topic ...

Opinion and analysis

Opinion: Is your business at risk from disruption?

Businesses often don’t realise that they are vulnerable to attacks from disruptive new players until it is too late. Andrew Wilkins considers some of the strategic issues created by creative disruption.

Opinion: Increased MP funding in Budget squeezing out spending on core services says ANU’s Stephen Howes

The Papua New Guinea government, faced with falling revenue, cut back sharply on core services in the 2017 Budget says Stephen Howes, Director of the Development Policy Centre at the Australian National University. But MP funding is at five times its 2012 level.

Read more opinion/analysis

Interviews

Harmony keen to expand by exploring brownfield opportunities, says CEO Johannes van Heerden

Opportunities exist for brownfield expansion at the Hidden Valley mine, Johannes van Heerden, Chief Executive Officer of Southeast Asia for Harmony Gold, tells Business Advantage PNG. He believes this gives the company a competitive advantage in the region.

Total aiming to start Papua LNG production in 2022/23, says Blanchard

Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.

Infrastructure

Mapai Transport branches out to ‘rebalance’ trade links between Papua New Guinea and NZ

After 20 years building a successful transport company, Mapai Transport founder Jacob Luke is exploring ways to correct PNG’s trade imbalance with NZ, and providing training opportunities for young Papua New Guineans.

Hotel investments transforming Port Moresby into regional conference venue

By the time of the APEC Summit in 2018, Port Moresby could have as many as 2590 high-end hotel rooms, and conference capacity for many thousands. Hoteliers tell Business Advantage PNG that the increase in scale and quality means the capital could become a world-class regional conference venue.

More on infrastructure ...

Company profiles

Mapai Transport branches out to ‘rebalance’ trade links between Papua New Guinea and NZ

After 20 years building a successful transport company, Mapai Transport founder Jacob Luke is exploring ways to correct PNG’s trade imbalance with NZ, and providing training opportunities for young Papua New Guineans.

Anitua’s key priorities are expansion and self-reliance says incoming CEO of Papua New Guinea’s largest landowner group

Anitua’s independence strategy, known as the ‘Lihir Destiny’, for Papua New Guinea’s largest and most successful landowner company will continue under its new CEO, John Gethin-Jones. He tells Business Advantage PNG that key focusses are constant review of activities and staff development.

Read more profiles ...

Investment/economy

Copper down but palm oil up: a monthly review of commodities and financial markets

Copper and cocoa prices have eased sharply over the last month, while palm oil prices have surged. Gas and oil prices are largely unchanged and precious metals prices have eased. Business Advantage PNG’s monthly overview of commodity and financial markets.

Kina to continue to ease until 2018, putting pressure on foreign exchange, according to ANZ

Papua New Guinea has an improving current account, says Cameron Bagrie, New Zealand Chief Economist for the ANZ Bank. But he says if the financial imbalances are to be dealt with effectively, there needs to be a plan for fiscal consolidation and attention to small details at the microeconomic level.

High Commissioner Winnie Kiap highlights opportunities in Britain for Papua New Guinea coffee and cocoa producers

Papua New Guinea’s High Commissioner to the UK, Winnie Kiap, tells Business Advantage PNG that the coffee craze in the UK offers huge potential for PNG growers and producers, especially after two successful trade delegations have boosted awareness.

More articles on investment ...

Latest News

In brief: Supplementary Budget in January to address tax measures, and other business stories

Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.

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Features

Putting people first in Papua New Guinea business: the human resources challenge

Managing human resources is always one of the principle challenges in business. In Papua New Guinea, the approaches have to be specific to the local culture and expectations of workers. Business Advantage PNG looks at some of the different ways that the issue is tackled.

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: Is your business at risk from disruption?

Businesses often don’t realise that they are vulnerable to attacks from disruptive new players until it is too late. Andrew Wilkins considers some of the strategic issues created by creative disruption.

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