Business Advantage PNG - Essential reading for Papua New Guinea-focused executives

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Hooked on tuna

Being stranded for five years on Bougainville Island because of the civil conflict failed to deter Ludwig Kumoru, CEO of Parties to the Nauru Agreement (PNA), from developing a career in the fishing industry.

China’s Belt and Road Initiative’s likely impact on Papua New Guinea

Papua New Guinea was the first Pacific country to sign up to China’s Belt and Road Initiative, an infrastructure development program across Eurasia. David James considers some of the implications identified by analysts.

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Bridging the gender gap in Papua New Guinea business

Gender inequality is not just a social issue in Papua New Guinea; it is a business issue. Gabriella Munoz explores what businesses and can and are doing to make a difference.

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Papua New Guinea’s manufacturing sector on the rebound

Things are looking up for Papua New Guinea’s manufacturing sector and moves are afoot to develop strategies to foster local companies. David James profiles the sector.

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Conditions tough in Papua New Guinea’s construction industry but hopes are rising

Papua New Guinea’s construction industry continues to face challenges, says Frank McQuoid, Chairman of manufacturer Steel Industries. But others say it is on the edge of a boom that will extend beyond the resource sector. David James examines both sides of the story.

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Santos to become a stakeholder in the P’nyang natural gas field project

22 May 2019 By David James

Santos has acquired a 13.5 per cent interest in the P’nyang natural gas field in the PNG LNG project in Papua New Guinea. Analysts are generally bullish on the move, saying the company now has a strong balance sheet and is set to meet its production targets.

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Take our poll on foreign exchange shortages in Papua New Guinea

20 May 2019 By Business Advantage PNG Leave a Comment

Are Papua New Guinea’s foreign exchange shortages in the past? Take our poll to find out.

Bougainville Copper Limited committed to reopening the Panguna mine

15 May 2019 By Kevin McQuillan

The chairman of Bougainville Copper Limited (BCL), Sir Mel Togolo, has confirmed the company is talking to prospective partners about reopening the mine. But he is unwilling to put a date on when it might reopen.

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Getting Papua New Guinea’s future resources projects funded

US–China rivalry is likely to have a major impact on how future resources projects are funded, according to the ANZ’s Jonathan Bloch. He outlines some of the steps Papua New Guinea’s government can take to make such projects ready for investment.

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Investment Promotion Authority reveals guidelines for changes to foreign investment in Papua New Guinea

Papua New Guinea’s foreign investment laws are under review, with the government trying to balance the interests of local businesses and foreign investors. David James looks at what is being proposed so far.

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People Moves: Mineral Resources Authority, Capital Insurance Group, CPL Group, US Embassy, Unitech

New Chairman of the Board at the Mineral Resources Authority, Capital Insurance Group welcomes two Independent Board Directors, City Pharmacy Limited announces Board Chairman, new US Ambassador to Papua New Guinea and Vice Chancellor appointed at Unitech.

More People Moves ...

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Six questions for Paul Komboi, Managing Director at PNG DataCo

Undersea fibreoptic cables are set to revolutionise internet connectivity in Papua New Guinea and the responsibility for that infrastructure locally falls to PNG DataCo. Managing Director Paul Komboi updates Business Advantage PNG on the Kumul Submarine Cable Network, and outlines the state-owned telco’s long-term strategy.

More interviews ...

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Making the most of Papua New Guinea-grown produce

Papua New Guinea manufacturer Vitis Industries has expanded into spirits, brewing and coffee production as it seeks to convert locally-grown crops into consumer products. General Manager, Sergey Mosin shares some of his plans for 2019 with Business Advantage PNG.

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