Features

New Britain Palm Oil looking to expand and diversify, says Country Manager

Access to land is preventing New Britain Palm Oil from expanding its beef and palm oil production businesses. PNG Country Manager Robert Nilkare tells … [read on ...]

Agri-tourism a big opportunity for Papua New Guinea says Agricultural Development Foundation president

With the focus on major resources projects, Papua New Guinea is missing the opportunity to develop a thriving agri-tourism sector, Papua New Guinea … [read on ...]

How Hargy Oil Palms boosted its palm oil production in Papua New Guinea

It may not have involved rocket science, but Hargy Oil Palms Ltd has experienced significant success in boosting palm oil yields in West New Britain. … [read on ...]

Fiji looks for foreign investors in tourism, agriculture, forestry, services and renewables

Tourism is the mainstay of the Fiji economy, but policymakers want to broaden the country’s income sources. Fiji’s Consul-General and Trade … [read on ...]

New ports manager ICTSI outlines its plans for Lae and Motukea Island

A new player is now managing facilities at Papua New Guinea's two major ports—Lae and Motukea Island—and it is aiming high. Business Advantage PNG … [read on ...]

Latest news

In brief: KPH and Total to market LNG sales jointly, and other business stories

Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.

Credit Corp expands into Timor-Leste, using the country’s 20-year plan as a ‘road map’

A well-managed economy and a 20-year vision are two reasons Credit Corp has set up shop in Timor-Leste. Country Manager, Chris Durman, outlines his own vision to Business Advantage PNG.

Kina CEO says global economy picking up but Papua New Guinea still faces challenges

Greg Pawson, the newly appointed Chief Executive of Kina Securities, has said that the world economy is showing signs of recovery, which will have a positive effect on the economy. But he believes that Papua New Guinea still faces big structural challenges.

Read more News

Mining & petroleum

Transparency initiative reveals PNG’s extractive industries a big contributor to the economy

The fourth Extractive Industries Transparency Initiative (EITI) report, compiled by consultants Ernst & Young, shows that the sector dominates exports and is a major part of the nation’s GDP, but it is less of a contributor to employment and government revenue.

Oil prices up and gold stronger: a monthly review of Papua New Guinea’s commodity and financial markets

Oil prices continue their rise but LNG prices have eased. Cocoa and palm oil prices are slightly stronger. Business Advantage PNG’s monthly overview of commodity and financial markets.

More on mining and petroleum ...

Economy/investment

Five questions for Nambawan Super CEO, Paul Sayer

Super fund Nambawan Super is one of the largest sources of investment capital in Papua New Guinea. Paul Sayer was appointed CEO last August; he talks Business Advantage PNG about the fund’s approach to investments.

Sovereign wealth fund at least a year away

The establishment of a Sovereign Wealth Fund (SWF) in Papua New Guinea is likely to take more than a year, according to Zanie Theron, Managing Partner of professional services firm KPMG, which is advising the government. She tells Business Advantage PNG that, although there are challenges, positive signs can be observed in the business environment.

Read more on this topic ...

Opinion and analysis

Opinion: How Papua New Guinea can tap into Australia’s trillions

Changing the way aid is configured to focus on improving the financial system could help Papua New Guinea gain access to much needed capital for its infrastructure needs, says Stephen Nash, the former Chief Investment Officer for Nambawan Super.

What can Papua New Guinea business look forward to in 2018?

As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.

Read more opinion/analysis

Interviews

Five questions for Nambawan Super CEO, Paul Sayer

Super fund Nambawan Super is one of the largest sources of investment capital in Papua New Guinea. Paul Sayer was appointed CEO last August; he talks Business Advantage PNG about the fund’s approach to investments.

Five questions for PNG Power’s new Acting MD Carolyn Blacklock

Carolyn Blacklock has been appointed the new acting Managing Director of PNG Power. Business Advantage PNG talks to her about where the utility is headed.

From our Youtube channel

Infrastructure

Five questions for PNG Power’s new Acting MD Carolyn Blacklock

Carolyn Blacklock has been appointed the new acting Managing Director of PNG Power. Business Advantage PNG talks to her about where the utility is headed.

New ports manager ICTSI outlines its plans for Lae and Motukea Island

Conducting stevedoring transactions in US dollars instead of kina is an opportunity to get in much-needed foreign exchange, according to Ted Muttiah, Director, Asia Pacific, for ICTSI South Pacific. He tells Business Advantage PNG the company, which has been appointed to manage new ports at Motukea and Lae, is aiming high.

More on infrastructure ...

Company profiles

Credit Corp expands into Timor-Leste, using the country’s 20-year plan as a ‘road map’

A well-managed economy and a 20-year vision are two reasons Credit Corp has set up shop in Timor-Leste. Country Manager, Chris Durman, outlines his own vision to Business Advantage PNG.

Datec looking to establish innovative culture says CEO

Papua New Guinea technology company Datec is developing a ‘winning’ culture, according to Chief Executive Stanley Ng Plyler. He tells Business Advantage PNG that the company is looking to achieve both tangible and intangible improvements.

Read more profiles ...

Latest News

In brief: KPH and Total to market LNG sales jointly, and other business stories

Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.

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Features

New Britain Palm Oil looking to expand and diversify, says Country Manager

Access to land is preventing New Britain Palm Oil from expanding its beef and palm oil production businesses. PNG Country Manager Robert Nilkare tells Business Advantage PNG, there is a need to develop more agriculture leases in Papua New Guinea.

Turning security guards into role models in Papua New Guinea

A new initiative aimed at improving standards across Papua New Guinea’s security industry is being welcomed as a significant step forward. [Read more ...]

Opinion

Opinion: How Papua New Guinea can tap into Australia’s trillions

Changing the way aid is configured to focus on improving the financial system could help Papua New Guinea gain access to much needed capital for its infrastructure needs, says Stephen Nash, the former Chief Investment Officer for Nambawan Super.

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