Features
Land titles in Papua New Guinea’s breadbasket ‘open gates’ to agriculture investments
Papua New Guinea’s Morobe Province recently issued titles to landowner groups for a small percentage of the fertile Markham Valley. Grow PNG’s David Stewart tells Business Advantage PNG that this has sparked interest from third-party investors in what could become a case study for the development of the country’s agriculture sector.
PanAust plays long game on Papua New Guinea’s Frieda River project
The US$7 billion Frieda River copper-gold project is one of the largest in Papua New Guinea’s development pipeline but may take another decade to come into production. Business Advantage PNG looks into why its developer, PanAust, considers it worth the wait.
Geopolitical tensions leading to increased donor investment in Papua New Guinea and Pacific: Lowy Institute
Pacific countries like Papua New Guinea are increasingly becoming critical grounds for geopolitical competition, leading to higher investment from international partners, particularly in infrastructure, according to the Lowy Institute’s Dr Meg Keen and colleagues.
Kainantu gold mine set to quadruple production by 2027
The Kainantu gold mine in Eastern Highlands Province has been in continuous expansion since its acquisition by K92 Mining in 2015. CEO John Lewins shares his company’s aspiration to become the PNG’s mining sector’s largest taxpayer – and the investment underpinning it.
Bank of Papua New Guinea program aims to generate funds for green projects
The Green Finance Centre was founded this year under the aegis of the Bank of Papua New Guinea, with the aim of creating a framework to facilitate investments in areas such as renewables and climate resilience. Its head Mohinesh Prasad shared the centre’s plans and progress in a speech to the 2024 Business Advantage PNG Investment Conference.
Latest news
Bank of Papua New Guinea issues new directive on forex order priorities
Authorised foreign exchange dealers must fully clear essential trade and services orders before executing any orders for non-essential items such as dividends, under a new directive issued by Papua New Guinea’s central bank. Business Advantage PNG finds out what this means for businesses.
‘Massive opportunity’ for private power producers in Papua New Guinea
Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
Interviews
CEO of Anitua landowner group on planning for life after Lihir gold mine
Anitua Group is one of PNG’s most prominent landowner companies, providing goods and services to the Lihir gold mine and other parts of the country. Chief Executive Lawrence Rausim speaks about the relationship with new mine owner Newmont and shares how his group is setting its community up for the future.
Four questions with Swire Shipping’s Randy Selvaratnam
Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.
Editorial
Editorial: Patience and persistence yields results in major resources projects
Looking back over the history of resources development in Papua New Guinea, the need for patience and persistence is clear.
Economy/investment
LNG and metals look a strong bet for Papua New Guinea
The outlook is positive for the key commodity exports that will support Papua New Guinea’s resources sector in coming decades, including LNG, gold and copper. Business Advantage PNG speaks with the analysts to find out why.
Mining & Petroleum
Opinion and analysis
Opinion: Cultural understanding the key to winning business in Papua New Guinea
Papua New Guinea holds tremendous potential for foreign investors. However, understanding of local cultural nuances is critical to developing relationships and achieving long-term business success in the country, writes Maryanne Kepui.
LIfestyle
Lights, camera, action: Papua New Guinea’s filmmaking industry on the rise
Prolific filmmaker Spencer Peter Wangare is on a mission to inject some verve into Papua New Guinea’s film industry. He speaks to Mary Tao about the industry and his latest movie, Black Python.
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Doing Business in Papua New Guinea
The ultimate guide to doing business in Papua New Guinea, produced by Business Advantage International and its content partners. Includes industry sector profiles, legal and tax … Read on ...
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Latest News
Bank of Papua New Guinea issues new directive on forex order priorities
19 Nov 2024 By Nadav Shemer Shlezinger Leave a Comment
Authorised foreign exchange dealers must fully clear essential trade and services orders before executing any orders for non-essential items such as dividends, under a new directive issued by Papua New Guinea’s central bank. Business Advantage PNG finds out what this means for businesses.
‘Massive opportunity’ for private power producers in Papua New Guinea
24 Sep 2024 By Nadav Shemer Shlezinger Leave a Comment
Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
‘Massive opportunity’ for private power producers in Papua New Guinea
24 Sep 2024 By Nadav Shemer Shlezinger
Papua New Guinea banks report substantial fall in forex waiting times
15 Aug 2024 By Nadav Shemer Shlezinger
Features
Land titles in Papua New Guinea’s breadbasket ‘open gates’ to agriculture investments
19 Nov 2024 By Nadav Shemer Shlezinger
Papua New Guinea’s Morobe Province recently issued titles to landowner groups for a small percentage of the fertile Markham Valley. Grow PNG’s David Stewart tells Business Advantage PNG that this has sparked interest from third-party investors in what could become a case study for the development of the country’s agriculture sector.
Opinion
Opinion: Cultural understanding the key to winning business in Papua New Guinea
5 Nov 2024 By Maryanne Kepui
Papua New Guinea holds tremendous potential for foreign investors. However, understanding of local cultural nuances is critical to developing relationships and achieving long-term business success in the country, writes Maryanne Kepui.
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