The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab Tomodachi – capable of welcoming international flights. Business Advantage PNG visits the new facility.
A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi
Welcome,
23 Apr 2024 by Leave a Comment
Air Niugini CEOs reveal how Papua New Guinea’s national airline responded to the COVID-19 crisis
Welcome,
8 Apr 2024 by Leave a Comment
Air Niugini CEOs past and present reflect on the trials and tribulations of Papua New Guinea’s national airline, during the COVID-19 pandemic and how it has prevailed since. Peter Wilmoth reports.
Papua New Guinea faces higher fuel prices as shortages continue
Welcome,
29 Feb 2024 by Leave a Comment
Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy’s operations in the country. Meanwhile, short-term solutions are being put in place.
Conference catches Papua New Guinea of the cusp of a new era of investment
Welcome,
21 Aug 2023 by Leave a Comment
Investment and partnership opportunities were a focus at this year’s 2023 Business Advantage Papua New Guinea Investment Conference in Brisbane, with numbers exceeding pre-COVID levels.
In brief: Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, and other business stories
Welcome,
17 Aug 2023 by Leave a Comment
Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, while Securities Commission revokes Melanesian Trustee Services Limited’s trustee license. Your business news in brief.
State of Emergency declared to ‘maintain and stabilise’ Papua New Guinea’s fuel supply
Welcome,
2 Aug 2023 by 2 Comments
In direct response to the ongoing disruption of fuel supplies in Papua New Guinea, Petroleum Minister Kerenga Kua has declared an extraordinary 30-day State of Emergency.
Increased trade between Papua New Guinea and Indonesia set to be a focus
Welcome,
25 Jul 2023 by Leave a Comment
The recent visit by Indonesian President Joko Widodo to Papua New Guinea is a sign of increased interest in boosting the trade relationship with PNG’s closest neighbour. Business Advantage PNG examines the business case.
Massive fleet upgrade to transform Papua New Guinea’s Air Niugini
Welcome,
13 Jul 2023 by 8 Comments
Air Niugini’s ambitious 15-year fleet plan will improve efficiency, reliability and allow new international routes to be added.
In brief: reforms to grow PNGX announced and other business stories
Welcome,
5 Jul 2023 by Leave a Comment
Reforms to Papua New Guinea’s capital markets, Securities Commission of PNG to investigate the potential sale of minority stake in Trukai Industries, and Newmont and Newcrest told of government’s expectations. Your news in brief.
In brief: Mining lease transferred to New Porgera and other business stories
Welcome,
27 Apr 2023 by Leave a Comment
Barrick Niugini and Kumul Mineral Holdings transfer Porgera special mining lease to New Porgera, Nadzab Airport expected to be completed by August and Geopacific Resources completes capital raising. Your business news in brief.
USD 0.2634
AUD 0.4094
GBP 0.2127
EUR 0.247
NZD 0.4457
JPY 40.76
SGD 0.3586
Recent readers’ comments