About Business Advantage PNG

People moves: Ela Motors

Change of guard at Ela Motors

In brief: Fiji lifts ban on import of Papua New Guinea food products, and other business stories

Fiji’s trade Minister lifts ban on PNG food products, K65 million sought to contain coffee berry borer, and O’Neill warns of crackdown on companies not paying taxes. Your weekly digest of the latest business news

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 Ninai tells Business Advantage PNG of his plans to encourage the use of the virtual currency, Bitcoin.

People moves: Accident Investigation Commission and Monier

An appointment at PNG Accident Investigation Commission and a departure at Monier.

In brief: Government to buy 20 per cent shareholding in Port Moresby hotel complex, and other business stories

Government to spend K300 million buying into Star Mountain Plaza project, Bougainville President supports new-look BCL, and Trade Minister seeks ban on Fiji imports. Your weekly digest of the latest business news.

Papua New Guinea economy showing positive signs says James Lau, MD of RH Group

James Lau, Managing Director of Rimbunan Hijau Group tells Business Advantage PNG that he sees positive developments with hotels, agriculture, gold and the country’s preparations for the 2018 APEC meeting. But he says continuing weakness in commodity prices will limit Papua New Guinea’s growth in the short to medium-term.

People moves: Insurance Commission and Air Niugini

Government appoints an acting Insurance Commissioner, and a departure at Air Niugini The government has appointed Raho Samuel as Acting Insurance Commissioner. *** Michael Boyacii, Executive Manager Customer Affairs, has left Air Niugini. 

In brief: BSP considers ASX listing, and other business stories

Bank South Pacific explores secondary listing on Australian Exchange, Highlands Pacific considers selling stake in Frieda River project and strategy to counter coffee berry borer due this week. Your weekly digest of the latest business news.

In brief: Foreign currency issues continue to cause problems, and other business stories

Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.

Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham

Domestic and global demand for coconut products will see Papua New Guinea producer relocate, expand and create new lines. The Director of MaxtoneHaus, Ernestine Maxtone-Graham, talks to Business Advantage PNG.