In brief: Foreign currency issues continue to cause problems, and other business stories

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7 Mar 2017 by Business Advantage PNG Leave a Comment

Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, ExxonMobil, Hawkins Group, InterOil Corporation, Kumul telikom, Maersk Line, Nambawan Super, Oil Search Ltd, Ok Tedi Development Foundation, Sime Darby Berhad, Stoneworks Specialist International, Trukai Industries

PNG Ports accelerates Lae Industrial Park build, as Stage 2 of port commences

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10 Feb 2016 by Business Advantage PNG Leave a Comment

Work on Lae’s Huon Industrial Park has been accelerated while stage two of the Lae Port development is on track to start by mid-2016, says Stanley Alphonse, the CEO of PNG Ports Corporation.

Filed Under: Infrastructure, Latest news, News Tagged With: China Harbour Engineering Company Ltd, China State Construction, Hawkins Group, Huon Industrial Park, Lae Tidal Basin Project, PNG Ports Corporation

What we learned in Papua New Guinea: Hawkins Group CEO

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30 Sep 2015 by Business Advantage PNG Leave a Comment

The completion of the Kulum Flyover project proved that Papua New Guinea was capable of delivering significant road infrastructure developments at an international standard under tight time constraints. Lead contractor, New Zealand’s Hawkins Group, executed a project that provided a number of lessons for infrastructure developments in the future.

Filed Under: Building and construction, Features, Industry sectors, Infrastructure, Sections Tagged With: Hawkins Group

Outsourcing of road design and construction paying off, says Papua New Guinea’s roads chief

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21 Sep 2015 by Business Advantage PNG 5 Comments

Major road works in Papua New Guinea are now outsourced to the private sector, under a design-and-build model. The result, says the Secretary of the Works Department David Wereh, is improved performance.

Filed Under: Features, Infrastructure, News, Sections Tagged With: Asian Development Bank (ADB), Australian Government, Department of Works, Hawkins Group, Shamrock Engineering, World Bank

In brief: Business endorses new Papua New Guinea police chief, and other business stories

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3 Jun 2015 by Business Advantage PNG Leave a Comment

Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Barrick Gold, Fiji, Guangdong Rising Asset Management, Hawkins Group, Highlands Pacific, Kula Gold, National Development Bank, New Britain Palm Oil (NBPOL), Oil Search Ltd, Port Moresby Chamber of Commerce and Industry, Sime Darby, Standard & Poor’s (S&P), Total SA, World Bank

In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories

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27 May 2015 by Business Advantage PNG Leave a Comment

Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Barrick Gold, Bima, BSP Financial Group, Credit Corporation, Department of Treasury, Guangdong Rising Asset Management, Hawkins Group, Melanesian Tourist Services, Moody's, Newcrest Mining, Pacific Financial Inclusion Programme, Pacific Marine Industrial Zone, PanAust, Solomon Islands, Tropicair, Trukai Industries, Zijin Mining

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

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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

People moves: International Finance Corporation, Independent Public Business Corporation

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21 Jan 2015 by Business Advantage PNG

IFC’s PNG Country Coordinator moves on, new Business & Community Manager at IPBC

Filed Under: Latest news, News, People moves Tagged With: Hawkins Group, International Finance Corporation (IFC), Kumul Consolidated Holdings, Monier

The long journey to fix Papua New Guinea’s roads

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20 Mar 2014 by Business Advantage PNG Leave a Comment

Hundreds of millions of dollars is being spent in Papua New Guinea on road repairs and new roads, from Port Moresby to the Highlands and coastal provinces. Business Advantage PNG surveys what the country will get for its money, and considers what is still needed.

Filed Under: Industry sectors, Infrastructure, Latest news, News, Sections Tagged With: Asian Development Bank (ADB), China Railway International, Hawkins Group, Institute of National Affairs, Lae Chamber of Commerce

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 […]