Features

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US funding for electrification in Papua New Guinea starts to ramp up

The project to connect 70 per cent of Papua New Guinea’s population to electricity by 2030 is making progress, according to senior officials from the United States-funded component, the USAID-PNG Electrification Partnership.

The only way is down: wholesale internet prices in Papua New Guinea fall

Reductions in the wholesale price of data and prospects for increased competition look set to deliver lower prices for business and consumers in Papua New Guinea, according to Paul Komboi, Chief Executive Officer of state-owned wholesaler, PNG DataCo.

Kina Bank’s major play for Papua New Guinea’s SME market

Kina Bank has unveiled its own range of products aimed at supporting SMEs in Papua New Guinea. Chief Executive Officer Greg Pawson explains the thinking behind the move to Business Advantage PNG.

Roads to recovery: Connect PNG to offer K3 billion in capital works contracts

Phase 1 of Papua New Guinea’s ambitious K20 billion Connect PNG infrastructure plan will see a focus on connecting capital city Port Moresby to the second city of Lae by road, according to the Department of Works and Implementation Secretary, David Wereh. Funding the work remains a challenge, however.

Finance and trade: Samoa’s first female Prime Minister on the future of investment

Samoa is one of the few countries in the world that remains COVID-19 free. Prime Minister Fiame Naomi Mata’afa outlines the challenges, and trade and investment opportunities that re-opening the country to the world bring.

Latest news

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‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange

Santos is listing on Papua New Guinea’s stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange’s largest listing, providing PNG’s capital markets with a timely boost.

Oil Search’s shareholders vote overwhelmingly to merge with Santos

Oil Search’s shareholders have voted overwhelmingly to approve its merger with fellow petroleum and gas company Santos at a special shareholders meeting. With National Court and ICCC approval also received, the way is clear for the creation of a A$23 billion (K56.88 billion) resources company.

In brief: new resources projects moving forward Prime Minister Marape tells resources industry and other business stories

New resources projects moving forward, Prime Minister Marape tells resources industry, Fortescue’s CEO visits the Purari hydropower project and the ADB welcomes changes to Kumul Consolidated Holdings legislation. The business news you need today.

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Economy/investment

Papua New Guinea’s 2022 National Budget: what’s in it for business?

The 2022 National Budget is a ‘big-spending budget’ aimed at stimulating economic growth. At a special online briefing held this week, Business Advantage PNG‘s readers heard from three experts on its likely impact on business.

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Opinion and analysis

Papua New Guinea’s plan to balance the budget [analysis]

Papua New Guinea’s 2022 National Budget focuses on health, growth and reducing its deficit by 2027, but can this be achieved? Economists Stephen Howes and Kelly Samof consider the evidence.

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People moves

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People moves: MSME Council, Electoral Commission

New Executive Officer at MSME Council and PNG’s Electoral Commissioner confirmed.

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Feature interviews

Five questions for Steve Beattie, Brian Bell Corporate Services

Imagine all the different items you need to source for a major hotel renovation. And then consider how you’d get them all to a remote part of Papua New Guinea.

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LIfestyle

Walk with the animals: Port Moresby Nature Park

The Port Moresby Nature Park, one of Port Moresby’s biggest attractions, is a sanctuary for those looking to engage in nature.  

More PNG lifestyle articles

Latest News

This category can only be viewed by members. To view this category, sign up by purchasing Individual Subscription or Corporate Subscription.

‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange

Santos is listing on Papua New Guinea’s stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange’s largest listing, providing PNG’s capital markets with a timely boost.

Features

This category can only be viewed by members. To view this category, sign up by purchasing Individual Subscription or Corporate Subscription.

US funding for electrification in Papua New Guinea starts to ramp up

The project to connect 70 per cent of Papua New Guinea’s population to electricity by 2030 is making progress, according to senior officials from the United States-funded component, the USAID-PNG Electrification Partnership.

Opinion

Papua New Guinea’s plan to balance the budget [analysis]

Papua New Guinea’s 2022 National Budget focuses on health, growth and reducing its deficit by 2027, but can this be achieved? Economists Stephen Howes and Kelly Samof consider the evidence.