Industry sectors

New ports manager outlines its plan 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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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.
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Galip nut a global opportunity for Papua New Guinea agriculture

The commercial potential of PNG’s galip nut could soon be realised. Helen Wallace, Project Leader at the Transformative Agriculture and Enterprise Development program tells Business Advantage PNG that the strong growth in the nut industry indicates it is the right time to develop the sector.
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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
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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.
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Agmark MD outlines recipe to repair Papua New Guinea’s cocoa industry

Papua New Guinea’s cocoa industry could be back to its 1970s levels if it had a strong cocoa grower-based Cocoa Board, more farmer training and increased investment. That is what John Nightingale, Managing Director of Agmark, told the country’s first-ever agricultural summit, held in Port Moresby last month.
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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.
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Black Swan cutting transport costs by providing Port Moresby with VIP Transport Services

The success of a new Uber-style approach to providing secure people transport in Port Moresby will see the concept rolled out across Papua New Guinea next year, says Black Swan International CEO Brian Kelly. He tells Business Advantage PNG the upmarket service has hit a chord with business people.
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