Papua New Guinea businesses should expect APEC-related income streams from this October

Papua New Guinea businesses should expect income streams from October, 2017, as momentum builds towards the APEC summit in November, next year. The Director-General of the PNG APEC Authority, Sir Charles Lepani, told the Business Advantage Investment Summit in Sydney, towns outside Port Moresby will also benefit.

Papua New Guinea Investment Conference ‘a resounding success’

The Business Advantage Papua New Guinea Investment Conference was held last week in Sydney, successfully showcasing the nation’s potential as an investment destination and canvassing different views from the business community about the opportunities and challenges. A clear picture of the country’s—and the Pacific region’s—great untapped potential emerged.

In brief: Bank of Papua New Guinea to provide US$100m to ease forex pressure and other business stories

Central bank to ease forex pressures with US$100m, new Lands Minister promises to clean up corruption in his department, and the cost of childhood malnutrition estimated at K1.6 billion annually. Your weekly digest of the latest business news

Brand poll shows that well-established companies dominate in Papua New Guinea

A new online survey by Business Advantage PNG to identify Papua New Guinea’s most recognisable local brands suggests that there are four stand out companies. So, what makes brands ‘stick’ with consumers?

People moves: Interim Cabinet appointments, Air Niugini, Securities Commission of PNG, Maigari Limited, KPMG, Akzo Nobel (PNG), Pacific Foam Group

O’Neill appoints new Treasurer, a new Chair of the Securities Commission, Air Niugini appoints first woman to head a subsidiary,  Ramu landowner board appointments, new partner at KPMG, a new CEO at Akzo Nobel, and a Group Operations Manager at Pacific Foam Group

Join us in Sydney: Thomas, Pesce headline outstanding line-up for 2-in-1 investment conference

We are really excited about the program we have put together for our first investment conference in two years, which includes two heavyweight keynote speakers plus an impressive cross-section of PNG and international business leaders.

People moves: Association of South Pacific Airlines, Heli Niugini

A new chairman for airlines association, CEO departs Heli Niugini.

In brief: National Transmission Network ready by the end of 2017, and other business stories

Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.

Inaugural cocoa show rewards excellence in Papua New Guinea cocoa production

Cocoa is Papua New Guinea’s third-largest agricultural export. The inaugural Cocoa of Excellence show held recently in Kokopo focused on improving the quality of cocoa production to better meet international market requirements.

In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories

Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.