In brief: Maru wants Papua New Guinea-Fiji trade dispute resolved by October, and other business stories

Welcome,

7 Sep 2016 by Business Advantage PNG Leave a Comment

Trade Minister Richard Maru wants trade issues with Fiji resolved this month, UBS buys into Kina Securities, and ANZ offers debit cards in PNG.

Filed Under: In brief, Latest news Tagged With: ANZ, Asian Development Bank (ADB), Australian Fisheries Management Authority (AFMA), AXF, Biosecurity Authority of Fiji, Gold Ridge gold mine, Kina Securities, Lowy Institute, Mineral Resources Authority, Nambawan Super, New Britain Palm Oil (NBPOL), Newcrest, Ox & Palm, Pacific Islands Forum, security, Sime Darby Berhad, UBS

In brief: Papua New Guinea’s Bank of South Pacific completes purchase of three Westpac Pacific operations, and other business news

Welcome,

15 Jul 2015 by Business Advantage PNG Leave a Comment

Bank of South Pacific finalises purchase of Westpac’s Tonga, Samoa and Cook Islands banks; Special Economic Zone agreement in East Sepik and Santos reportedly buying into P’nyang gas field. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: BSP Financial Group, Gold Ridge gold mine, International Food Corporation, Kina Asset Management Limited, Kumul Gamechangers, LR Group, Mineral Resources Authority, Moody's, New Guinea Gold Corporation, Pacific Balanced Fund, Santos, St Barbara Ltd, Westpac

In brief: Port Moresby Chamber backs Northern Australia development for Papua New Guinea, and other business stories

Welcome,

24 Jun 2015 by Business Advantage PNG 1 Comment

Port Moresby Chamber applauds development of Northern Australia, Papua New Guinea well-placed on global LNG stage, and SP Brewery launches new brew. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bougainville Experience Tours, Department of Agriculture and Livestock, Frontier Resources, Gold Ridge gold mine, Guangdong Rising Asset Management, Mineral Resources Authority, Moody's, Pacific Games, PanAust, PNG LNG, Port Moresby Chamber of Commerce and Industry, S P Brewery, Wafi-Golpu

In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories

Welcome,

6 May 2015 by Business Advantage PNG Leave a Comment

Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Asian Development Bank (ADB), Bougainville Copper Ltd, Crater Gold Mining, ExxonMobil PNG, Gold Ridge gold mine, InterOil Corporation, Investment Promotion Authority, Motor Vehicle Insurance Ltd (MVIL), PNG Forest Authority, Post PNG, Shell, Small and Medium Enterprise Corporation, St Barbara Ltd

In brief: National Petroleum Company prepares to raise investment billions, and other business stories

Welcome,

15 Apr 2015 by Business Advantage PNG Leave a Comment

National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bougainville Copper Ltd, BSP Financial Group, Department of Agriculture and Livestock, Department of Finance, Department of Treasury, Gold Ridge gold mine, Innovative Agro Industry, Kumul Petroleum, National Fisheries Authority, Panguna mine, Parties to the Nauru Agreement, PNG Ports Corporation, Puma Energy, Rio Tinto, Societé Le Nickel, Tolukuma Gold Mine

In brief: Moves to reduce internet charges and other business stories

Welcome,

18 Mar 2015 by Business Advantage PNG 1 Comment

New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

Filed Under: Fisheries, In brief, News Tagged With: Australia Papua New Guinea Business Council, Barrick Gold, Crater Gold Mining, Credit Corporation, Gold Ridge gold mine, Harmony Gold, Hawkins Group, K92 Holdings International Ltd, National Capital District, National Executive Council, National Fisheries Authority, National Information and Communications Technology Authority (NICTA), Newcrest Mining, Pacific Assurance Group, Parties to the Nauru Agreement, PNG DataCo, PNG Ports Corporation, PNG Rubber Board, Post PNG, Small and Medium Enterprise Corporation, Stanley gas project

In brief: Crime and violence affects 80% of Papua New Guinea businesses, and other business stories

Welcome,

20 Aug 2014 by Business Advantage PNG

Crime and violence slowing business growth, Robusta coffee production to be boosted, and women’s bank launched

Filed Under: In brief, Latest news, News Tagged With: Coffee Industry Corporation (CIC), Deloitte, Gold Ridge gold mine, Pacific Institute of Public Policy, Tuvalu, Women's Micro Bank, World Bank

In brief: Government considers lift in minimum wage and other business stories

Welcome,

21 May 2014 by Business Advantage PNG Leave a Comment

Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Awal Telecommunications Corporation, Curtain Bros, ExxonMobil PNG, Gold Ridge gold mine, InterOil Corporation, LR Group, New Britain Palm Oil (NBPOL), Oil Search Ltd, PNG Power Ltd

In brief: Boost for roads and agriculture, tax review paper released, rubber production halts

Welcome,

16 Apr 2014 by Business Advantage PNG Leave a Comment

World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.

Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Bougainville Copper Ltd, CPL Group, Gold Ridge gold mine, Horizon Oil, Kina Asset Management Limited, North Fly Rubber Ltd, Oil Search Ltd, One Hundred Sands Ltd, Papua New Guinea Sustainable Development Program (PNGSDP), St Barbara Ltd, World Bank

Simberi owner St Barbara posts AUD$192 million loss

Welcome,

29 Aug 2013 by Business Advantage PNG

ASX-listed gold producer, St Barbara Ltd, which owns the Simberi mine in Papua New Guinea’s New Ireland, has posted a full-year net loss of AUD$192 million (K409 million), due primarily to a lower gold price.

Filed Under: Latest news, Mining/petroleum, News Tagged With: gold, Gold Ridge gold mine, Simberi gold mine, Solomon Islands, St Barbara Ltd

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]

CEO Survey suggests PNG business is less bullish, but still planning to invest
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among PNG’s business leaders. Analysis of the survey data by Westpac has led to the creation of PNG’s first business […]
Whatever the size of your organisation, your brand matters
International branding expert Sergio Brodsky told delegates at the recent Innovation PNG 2023 conference why their organisation’s brand matters – and there’s a lot more to it than just your logo. The post Whatever the size of your organisation, your brand matters appeared first on Business Advantage International.
Major digitisation announcements at Innovation PNG
Last week’s 2023 Innovation PNG conference showcased some of Papua New Guinea’s best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country’s economy. A full-day program featured four international keynote speakers presenting in person, including senior representatives from KPMG, Mastercard and Konica Minolta, augmented by […]