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
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23 Apr 2024 by Leave a Comment
People moves: Niusky Pacific, NAC, BSP, Chamber of Mines and Petroleum, Pacific Re, Kina Bank
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9 May 2023 by Leave a Comment
Niusky Pacific announces Acting Chief Executive Officer, the National Airports Corporation welcomes Acting Managing Director, BSP Financial Group appoints new Group Chief Operating Officer, the Chamber of Mines and Petroleum confirms council members for the new term, Pacific Re farewells Chief Executive Officer, and a board change at Kina Bank.
In brief: Prime Minister Marape invites US and China to invest in Papua New Guinea and other stories
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23 Nov 2022 by Leave a Comment
Prime Minister James Marape on a free trade agreement with China, invitation to the United States to invest in Papua New Guinea extended, and renewed interest in the Solwara One project.
In brief: Nadzab Airport in Lae reopens and other business stories
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7 Sep 2022 by 1 Comment
Nadzab Airport in Lae reopens after ‘unexpected’ shut-down, PNGX get reconfirmation to operate as stock market, and spike in coffee prices benefits 2000 farmers in Morobe Province. The business news you need.
In brief: Papua New Guinea to receive K86 billion from Papua LNG and other business stories
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30 Aug 2022 by Leave a Comment
Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.
In brief: Papua New Guinea’s Central Bank increases Kina Facility Rate and other business stories
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20 Jul 2022 by Leave a Comment
The Bank of Papua New Guinea has increased the Kina Facility Rate, Prime Minister Marape welcomes Telstra, and Phase II of the Central Banking Act gets green lighted. The business news you need today.
In brief: World Bank to fund new agriculture project in Papua New Guinea and other business stories
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4 Jul 2022 by 1 Comment
The World Bank announced new program and generous funding for Papua New Guinea agriculture sector, call centre launched for the 2022 elections and the Civil Aviation Development Investment Program eyes phase 2. The business news you need today.
In brief: power outages in Lae explained and other business stories
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10 May 2021 by Leave a Comment
Power outages in Papua New Guinea’s second largest city linked to K60 million debt, government looking into outstanding debts and new partnership between the Morobe Provincial Government and the National Airport Corporation. The business news in brief.
In brief: Negotiations with Twinza Oil still ongoing and other business stories
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24 Mar 2021 by Leave a Comment
Negotiations for Twinza Oil’s Pasca A still ongoing, ANZ continues to waive fees for online transaction to 10 Pacific countries and Bank South Pacific implements a ‘no mask, no entry’ policy. The news in brief.
In brief: Kavieng Airport in New Ireland Province set for an upgrade and other business stories
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9 Mar 2020 by Leave a Comment
The National Airport Corporation signs an agreement to upgrade Kavieng Airport, NKW Fresh signs a deal to support farmers in Morobe Province and Air Niugini turns around K133 million loss in 2018 to a profit. The news you need to kickstart your week.
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