New agriculture tariffs put Papua New Guinean jobs at risk, says NBPOL CEO

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20 Jul 2020 by Paul Chai 2 Comments

The timing of new tariffs affecting Papua New Guinea’s agriculture sector could not come at a worse time, according to the CEO of the country’s largest employer, New Britain Palm Oil.

Filed Under: Agribusiness, Latest news, News Tagged With: Markham Valley, New Britain Palm Oil (NBPOL), palm oil, Sime Darby

In brief: Papua New Guinea government seeks K974 million loan from ADB and other business stories

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12 Oct 2016 by Business Advantage PNG Leave a Comment

Papua New Guinea’s government is seeking K974 million from the Asian Development Bank, Australia to earn negligible royalties from its oil and gas assets, and Newcrest describes conditions as ‘tough’ in PNG. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Asian Development Bank (ADB), Geopacific Resources, Newcrest, Sime Darby

People moves: Ramu Agri Industries, Autonomous Bougainville Government

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24 Jun 2015 by Business Advantage PNG Leave a Comment

Ramu Agri GM moves to Sime Darby, and Autonomous Bougainville Government appoints Ministers.

Filed Under: News, People moves Tagged With: Autonomous Bougainville Government (ABG), Ramu Agri Industries, Sime Darby

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

People moves: New Britain Palm Oil

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25 Mar 2015 by Business Advantage PNG Leave a Comment

Search for new CEO at New Britain Palm Oil

Filed Under: News, People moves Tagged With: New Britain Palm Oil (NBPOL), Sime Darby

Sime Darby expansion to follow takeover of Papua New Guinea’s New Britain Palm Oil

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4 Mar 2015 by Business Advantage PNG 1 Comment

Malaysian conglomerate Sime Darby has indicated it will expand processing operations through its takeover of New Britain Palm Oil, following its final purchase of Papua New Guinea’s largest agribusiness.

Filed Under: Agribusiness, Features, News, Sections Tagged With: Institute of National Affairs, New Britain Palm Oil (NBPOL), Sime Darby

People moves: New Britain Palm Oil, Nambawan Super, Post-Courier

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4 Mar 2015 by Business Advantage PNG 1 Comment

New board members for New Britain Palm Oil, a new Chief Investment Officer at Nambawan Super, and a new Chairman at the Post-Courier.

Filed Under: Latest news, News, People moves Tagged With: Nambawan Super, Sime Darby

In brief: Air Niugini expands services with Melanesian partnership, and other business stories

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18 Feb 2015 by Business Advantage PNG

Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, BSP Financial Group, Cott Oil and Gas, Cue Energy Resources, European Union, ExxonMobil PNG, Highlands Pacific, InterOil Corporation, National Fisheries Authority, Nautilus Minerals, New Britain Palm Oil (NBPOL), Newcrest Mining, Ok Tedi Mining Ltd (OTML), Port Moresby Chamber of Commerce and Industry, Santos, Sime Darby, Sovereign Wealth Fund, Steamships, Trukai Industries, Westpac

In brief: PNG LNG project reaches ‘financial completion’, and other business stories

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11 Feb 2015 by Business Advantage PNG Leave a Comment

PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, BSP Financial Group, Coffee Industry Corporation (CIC), Coppermoly Ltd, ExxonMobil PNG, Highlands Pacific, Indochine Mining, Kula Gold, Mineral Resources Authority, New Britain Palm Oil (NBPOL), PNG LNG, PNG Ports Corporation, Sime Darby, Standard & Poor’s (S&P), Talisman Energy

In brief: Conn says Port Moresby businesses have ‘lost hope’ in security in Papua New Guinea, and other business stories

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10 Dec 2014 by Business Advantage PNG

Violence takes a toll on businesses in Papua New Guinea, Anglo American and Highlands Pacific form joint venture, and Sime Darby extends takeover deadline for NBPOL. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, Highlands Pacific, Kumul Gamechangers, Kumul Petroleum, New Britain Palm Oil (NBPOL), Papua New Guinea Chamber of Mines and Petroleum, Port Moresby Chamber of Commerce and Industry, Santos, Sime Darby, United Nations, World Health Organisation

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 […]