Lack of import controls harming Papua New Guinea’s fishing industry says Fishing Industry Association’s Celso

Papua New Guinea’s fishing industry faces fierce competition from Thailand and the Philippines, says Pete Celso, Managing Director of R D Tuna Canneries in Lae. He believes a lack of control over imports is harming the local industry.

‘Unshackled’ Bougainville Copper reveals strategy for re-opening Panguna mine on Bougainville

If the giant Panguna copper mine on Bougainville is ever to re-open, many complex problems must be solved, including the status of the former miner, Bougainville Copper Limited (BCL). In this exclusive interview with Business Advantage PNG, BCL Chairman Rob Burns outlines its strategy to return to mining.

The secret to resilience in tough times according to CPL, Papua New Guinea’s largest retailer

Many business have reported the current business climate in PNG as ‘quiet’, with some saying income is down about 20 per cent. How has CPL fared? Business Advantage PNG talks to CEO, Ravi Singh.

Why hosting APEC will transform Papua New Guinea

The APEC meeting in 2018 in Port Moresby will be a major boost for the country, David Toua, the President of the Business Council of PNG (BCPNG), tells Business Advantage PNG. Analysts say in the past benefits have been shown to outweigh the costs.

Electronic banking will revolutionise Papua New Guinea, says Westpac’s Pacific chief

The advent of electronic banking in Papua New Guinea has the potential to significantly modernise and expand the country’s financial system Greg Pawson, General Manager of Westpac Pacific tells Business Advantage PNG.

InterOil shareholders approve revised takeover proposal

InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek.

People moves: Kumul Consolidated Holdings, BSP, Highlands Pacific, EY

An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director

A revolution in banking is on the way, says Kina Group’s chief

The way banks operate will change dramatically over the next five years, according to Kina Group’s Syd Yates. Banks will need to be quasi-technology companies.

People moves: ANZ Bank, Santos, Nautilus Minerals, Digicel

A new senior appointment at the ANZ, Santos appoints VP to manage non-core assets, Nautilus board member resigns, promotion for Digicel PNG’s Marketing Manager.

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.