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

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Papua New Guinea’s service sector on the cusp of ‘enormous opportunities’ [video]

One of the sectors to receive a boost from improved internet connectivity in Papua New Guinea will be its business services sector, according to a panel of experts speaking at the recent Business Advantage PNG Investment Conference. David James examines some of the likely opportunities.

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What the Coral Sea Cable will really mean for Papua New Guinea

The Coral Sea Cable from Sydney to Port Moresby, which will greatly increase internet speeds in Papua New Guinea, will be ready for commercial use in 2020. But according to a panel at the Innovation PNG 2019 conference, it will raise as many questions as answers.

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A new future for Paradise Spices

Paradise Spices is back in the hands of GTM Distributors General Manager Max Puritau, who is planning more products, staff and investment. He outlines the plans to Business Advantage PNG.

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Air Niugini MD ‘cautiously optimistic’ about a return to profitability

With successive years of financial losses, an air-crash investigation and ageing fleet, Alan Milne’s first year as Managing Director of Air Niugini was always going to be turbulent. But, 12 months later, a lot has changed.

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One country, two economies: Papua New Guinea’s economic paradox

Is Papua New Guinea better understood as two economies rather than one? Two economists examine the complexity of the country’s position.

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K92 Mining’s CEO on the proposed changes to the Mining Act

20 Nov 2019 By David James

The changes to the Mining Act being considered by the Marape government could benefit the industry, according to John Lewins, Chief Executive Officer of K92 Mining Inc. In this exclusive interview with Business Advantage PNG he explains why.

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Papua New Guinea loses 12 places in World Bank’s doing business 2020 rankings

18 Nov 2019 By David James

Papua New Guinea slipped 12 places in the World Bank’s ranking of ease of doing business, but are there any positive signs? David James analyses the report.

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In brief: Kingston to get full ownership of Misima gold project and other business stories

16 Nov 2019 By Business Advantage PNG

Kingston Resources Ltd reaches an agreement to buy Pan Pacific Copper out of Misima gold project, Papua New Guinea’s new Minister for Environment and Conservation refutes previous investigations on Ramu Nico’s slurry spillage to the Basamuk, and PNG DataCo predicts a 42 per cent slash in internet prices. Your weekly digest of business news.

Opinion: How to run a professional services firm in Papua New Guinea

13 Nov 2019 By Business Advantage PNG

KPMG PNG’s Managing Partner Zanie Theron has been delivering professional services in Papua New Guinea for 14 years. Here, she provides her personal take on the challenges in her sector – and the significant opportunities on offer.

Oil, LNG and metals prices have all been strong: a monthly review of Papua New Guinea’s commodity and financial markets

30 Oct 2019 By David James

Oil and gas have performed strongly, and there is also an upward trend in metals prices. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.

Papua New Guinea’s economy remains broadly positive despite slow economic growth forecast for 2020

28 Oct 2019 By David James

Economists have cut forecasts for Papua New Guinea’s 2020 GDP growth but there is a consensus that the slowing will only prove to be temporary. David James explores three new views of PNG’s economy in 2020 and beyond.

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People moves: Air Niugini, Remington Group, Association of Election Management Bodies in Melanesia

20 Nov 2019 By Business Advantage PNG

Air Niugini appoints an Australian Airports Regional Manager (Cairns), Remington Group welcomes a General Manager of Premier Business Solutions PNG, new head fo Association of Election Management Bodies in Melanesia.

More People Moves ...

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Boardroom briefing: glamour back to travel, the trouble with MBAs, Port Moresby Nature Park

20 Nov 2019 By Business Advantage PNG

An Australia CEO wants to ‘bring some of the glamour back to travel’, hiring MBA graduates may not be the best move for every company, and why one of Papua New Guinea’s best tourist attractions closed indefinitely. Readings from around the world on business, leadership and management.

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K92 Mining’s CEO on the proposed changes to the Mining Act

20 Nov 2019 By David James

More interviews ...

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How changes to Western financial aid strategies will affect Papua New Guinea

4 Nov 2019 By Kevin McQuillan

The creation of a one-stop shop US development bank will see a doubling of available infrastructure funding for Asia-Pacific projects, and is expected to boost the PNG Electrification Partnership. It comes as the US, Australia and Japan have unveiled the Blue Dot Network, an initiative designed to compete with China’s Belt and Road Initiative in the Pacific region.

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Greenlight Planet aiming to help Papua New Guineans ‘climb the energy ladder’

21 Oct 2019 By Lisa Smyth

After successfully launching solar-powered devices in Asia and Africa, Greenlight Planet expanded into Papua New Guinea in 2016 and has been instrumental in the solar sector’s phenomenal growth across the country. Lisa Smyth discovers what’s next for the for-profit social enterprise.