In brief: manufacturing affected by downturn in the economy and other business stories

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23 Mar 2016 by Business Advantage PNG Leave a Comment

Manufacturing affected by downturn in economy, Japanese International Co-operation Agency ready to start Lae-Nadzab Development Project and CPL’s profit comes in at K6.5 million. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Barrick Gold, CPL Group, Japanese International Cooperation Agency, Manufacturers Council of PNG, PNG Air, Woodside Petroleum, World Health Organisation

In brief: Call for Papua New Guinea government and industry to weather low commodity prices, and other business stories

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24 Feb 2016 by Kevin McQuillan Leave a Comment

Oil Search leader says PNG ‘well placed’ to manage low commodity price regime, Ok Tedi expected to be profitable, and BSP reports 5 per cent profit increase. Your weekly digest of the latest business news. PNG is well placed to weather the current low world oil price environment, but the Government and industry need to […]

Filed Under: In brief, News Tagged With: BSP Financial Group, Fiji, Kula Gold, Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Special Agricultural Business Leases, The Oakland Institute, Total SA, Trukai Industries, WCB Resources, Woodside Petroleum

In brief: Oil Search fends off takeover offer after Woodside shelves bid, and other business stories

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9 Dec 2015 by Business Advantage PNG Leave a Comment

Woodside drops takeover bid for Oil Search, coffee pulper machine installed for smallholders in Jiwaka Province, and market conditions force Hides Gas Development Company to cut workforce. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, Kumul Consolidated Holdings, Oil Search Ltd, PACER Plus, Pacific Islands Forum, Papua Mining, Parties to the Nauru Agreement, PNG Gas, PNG Immigration and Citizenship Services Authority (ICA), Productive Partnership in Agriculture Project, Swire Shipping, Woodside Petroleum

In brief: Mining resumes at the Porgera gold mine following partial closure, and other business stories

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25 Nov 2015 by Business Advantage PNG Leave a Comment

Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates ‘fairness’ of Oil Search takeover offer. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Barrick Gold, Bmobile Vodafone, BSP Financial Group, Cook Islands, Gadens Lawyers, Horizon Oil, Nambawan Super, National Agriculture Quarantine and Inspection Authority, Oil Search Ltd, People’s Micro Bank, Puma Energy, R D Tuna Canners, United Nations, Westpac, Woodside Petroleum

More oil and gas mergers and acquisitions could impact Papua New Guinea, say analysts

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16 Nov 2015 by Business Advantage PNG 2 Comments

Two major takeover offers involving leading companies operating in Papua New Guinea’s oil and gas industry have emerged in recent months. Business Advantage PNG spoke to oil and gas analysts about what this mergers and acquisitions activity means for the sector.

Filed Under: Features, Industry sectors, Latest news, Mining/petroleum, News Tagged With: Oil Search Ltd, PNG LNG, Santos, Scepter Partners, Woodside Petroleum

In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories

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28 Oct 2015 by Business Advantage PNG Leave a Comment

Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: ANZ, Asian Development Bank (ADB), Kumul Consolidated Holdings, Kumul Petroleum, National Development Bank, Oil Search Ltd, PNG Forest Industry Association, Santos, Scepter Partners, Standard & Poor’s (S&P), Transparency International PNG, Woodside Petroleum

In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories

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21 Oct 2015 by Business Advantage PNG

Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: BSP Financial Group, Department of Works, InterOil Corporation, Kumul Petroleum, Marengo Mining, Niugini Organics, Oil Search Ltd, Papua New Guinea Chamber of Mines and Petroleum, PNG Tourism Promotion Authority, Santos, Woodside Petroleum

In brief: Hope that SABLs leases will be return to landowners soon, and other business stories

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7 Oct 2015 by Business Advantage PNG Leave a Comment

Chief Secretary indicates SABL leases will be returned soon, and Woodside CEO says Oil Search bid his ‘full price’. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Anglo American, Bank of Papua New Guinea, Covec (PNG), Curtain Bros, Fiji, Highlands Pacific, Kina Group, Marengo Mining, Mineral Resources Authority, National Fisheries Authority, Pacific Islands Trade and Invest, PNG Ports Corporation, Woodside Petroleum, World Bank

In brief: Woodside Petroleum talks with National Petroleum Co after Oil Search takeover rejected, and other business stories

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30 Sep 2015 by Business Advantage PNG Leave a Comment

Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.

Filed Under: Latest news, News Tagged With: copper, Crater Gold Mining, Independent Consumer and Competition Commission, Kina Group, Kumul Petroleum, NBC, Newcrest Mining, Oil Search Ltd, Pacific Business Investment Facility, Parties to the Nauru Agreement, PNG LNG, PNG Power Ltd, Standard & Poor’s (S&P), tuna, Woodside Petroleum

In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories

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16 Sep 2015 by Business Advantage PNG Leave a Comment

Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Australia Papua New Guinea Business Council, BSP Financial Group, CPL Group, Credit Corporation, Highlands Pacific, Lukim PNG Nau, Mineral Resources Development Company (MRDC), Oil Search Ltd, PNG Air, Woodside Petroleum

Work begins on Kumul Petroleum’s world-class fabrication facility in Papua New Guinea

Kumul Petroleum’s plan to manufacture large-scale infrastructure components for major resources projects in Papua New Guinea has … [Read More...]

Papua New Guinea’s organically certified vanilla can demand premium prices

To cater for growing global demand for organically-grown vanilla, Madang-based exporter Kamapin is expanding its support for Papua … [Read More...]

In brief: Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, and other business stories

Papua New Guinea's Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, … [Read More...]

Conference catches Papua New Guinea of the cusp of a new era of investment

Investment and partnership opportunities were a focus at this year's 2023 Business Advantage Papua New Guinea Investment … [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 […]