Features

What’s on the agenda for Papua New Guinea business in 2017?

As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be a year of … [read on ...]

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Why many Papua New Guinea companies become conglomerates

Conglomerates have become a rare breed in developed economies; the strategy of diversifying across different industry sectors tends to be punished by … [read on ...]

Diversification PNG style: Steamships has interests across manufacturing, logistics and hospitality.

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 ...]

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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 ...]

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Latest news

In brief: Vote on revised InterOil takeover bid in February, and other business stories

InterOil shareholders to vote on revised takeover bid by ExxonMobil in February, government debt rises in September quarter, Oil Search and Kumul Energy to evaluate proposed power projects. Your weekly digest of the latest business news.

Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan

The Minister for Mining, Byron Chan, says that the amendments to Papua New Guinea’s Mining Act are ‘complete’. But he tells Business Advantage PNG that there are some contentious issues.

Air Niugini to commence flights to Townsville in March

National airline Air Niugini is set to commence bi-weekly flights to Townsville in the Australian state of Queensland from March 2017. The move strengthens Port Moresby’s Jacksons International Airport status as a regional aviation hub.

Read more News

Mining & petroleum

Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan

The Minister for Mining, Byron Chan, says that the amendments to Papua New Guinea’s Mining Act are ‘complete’. But he tells Business Advantage PNG that there are some contentious issues.

Signs of real recovery as big money shows interest in large resource projects

Sovereign wealth funds, private equity and ‘mega-families’ are showing a growing interest in investing in large resource projects, according to Graham Smith, Global Leader Mining M&A at KPMG Corporate Finance in Australia. The PNG Mining and Petroleum Investment conference was told that investment, debt and equity markets are showing signs of improvement.

More on mining and petroleum ...

Economy/investment

Signs of real recovery as big money shows interest in large resource projects

Sovereign wealth funds, private equity and ‘mega-families’ are showing a growing interest in investing in large resource projects, according to Graham Smith, Global Leader Mining M&A at KPMG Corporate Finance in Australia. The PNG Mining and Petroleum Investment conference was told that investment, debt and equity markets are showing signs of improvement.

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.

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Opinion and analysis

Opinion: Papua New Guinea economy to remain weak but Lae business hopeful of an upturn

The Papua New Guinea economy is not likely to improve greatly in the first half of the year, says Alan McLay, President of the Lae Chamber of Commerce. But he believes companies in Lae – PNG’s manufacturing and logistics hub – remain hopeful of an upturn and he expects some positive developments with power provision.

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.

Read more opinion/analysis

Interviews

Sticking points in Mining Act yet to be resolved, says Mining Minister Byron Chan

The Minister for Mining, Byron Chan, says that the amendments to Papua New Guinea’s Mining Act are ‘complete’. But he tells Business Advantage PNG that there are some contentious issues.

Interview: Brett Goschen, Chief Executive Officer, Digicel Papua New Guinea

Boosting data speeds and widening broadband coverage are the aims of Digicel’s incoming Chief Executive Officer, Brett Goschen. He told Business Advantage PNG he will be drawing on his experiences in Africa to help transform the telecommunications landscape in Papua New Guinea.

Infrastructure

Air Niugini to commence flights to Townsville in March

National airline Air Niugini is set to commence bi-weekly flights to Townsville in the Australian state of Queensland from March 2017. The move strengthens Port Moresby’s Jacksons International Airport status as a regional aviation hub.

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.

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 ...

Latest News

In brief: Vote on revised InterOil takeover bid in February, and other business stories

InterOil shareholders to vote on revised takeover bid by ExxonMobil in February, government debt rises in September quarter, Oil Search and Kumul Energy to evaluate proposed power projects. Your weekly digest of the latest business news.

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Features

What’s on the agenda for Papua New Guinea business in 2017?

As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be a year of preparing for better times.

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: Papua New Guinea economy to remain weak but Lae business hopeful of an upturn

The Papua New Guinea economy is not likely to improve greatly in the first half of the year, says Alan McLay, President of the Lae Chamber of Commerce. But he believes companies in Lae – PNG’s manufacturing and logistics hub – remain hopeful of an upturn and he expects some positive developments with power provision.

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