Features
Latest news
AkzoNobel’s new strategy sees it move out of retail sales
Paint company Akzo Nobel is taking a new strategic direction in Papua New Guinea, according to Chief Executive Officer, Navin Raju. He tells Business Advantage PNG that the prospects for growth are sound.
In brief: LNG production resumes earlier than expected, and other business stories
Production resumes at the LNG plant as more reserves found, BHP Billiton to be sued over alleged environmental damage, and talks with China over a free trade agreement. Your weekly digest of the latest business news.
Flannery leads program for 2018 Papua New Guinea Investment Conference
Eminent scientist Professor Tim Flannery will be one of the key speakers at this year’s Business Advantage Papua New Guinea Investment Conference at the Sofitel Brisbane Central on 6 and 7 August this year.
Mining & petroleum
Six questions for Philippe Blanchard, Managing Director, Total E&P PNG
Papua New Guinea’s second LNG plant is expected to be ready by 2023-2024, according to Total Managing Director, Philippe Blanchard. He told Business Advantage PNG the company is also keeping its eyes open for other energy plants in PNG.
Transparency Initiative report calls for improved systems in extractive sector in Papua New Guinea
The Extractive Industries Transparency Initiative Report for 2016 has found that improvements are being made to registry and payment systems, but more needs to be done. It notes that budgeting to government revenues remains difficult because of the industry’s volatility and the relatively small number of companies paying full tax.
Economy/investment
How Maori landowners access development finance
Accessing finance to develop land in Papua New Guinea is the biggest stumbling block to creating wealth, jobs and an economic base for future generations. In New Zealand, Maori economic development is forging ahead, with the active support of banks and investors. In the second of a two-part series, Kevin McQuillan examines NZ banks’ lending criteria.
Flannery leads program for 2018 Papua New Guinea Investment Conference
Eminent scientist Professor Tim Flannery will be one of the key speakers at this year’s Business Advantage Papua New Guinea Investment Conference at the Sofitel Brisbane Central on 6 and 7 August this year.
Opinion and analysis
Andrew ‘ET’ Ettingshausen goes fishing in Papua New Guinea
Former rugby league player and keen fisherman Andrew ‘ET’ Ettingshausen is lured to West New Britain to chase big-fighting bass, but he is equally captivated by the vibrant culture and volcanic wilderness.
Opinion: Why the Pacific is expensive
Stephen Howes, Professor of Economics at ANU’s Crawford School of Public Policy, explains why it is that Pacific economies, unlike other developing economies, are so expensive.
Interviews
Brian Bell Group investing heavily for growth in its 60th year, says Chairman
Diversified corporate and retail enterprise Brian Bell Group is celebrating its 60th year in 2018. Chairman Ian Clough tells Business Advantage PNG the company is investing in people, infrastructure, and new retail strategies in preparation for its next phase of growth.
Six questions for Philippe Blanchard, Managing Director, Total E&P PNG
Papua New Guinea’s second LNG plant is expected to be ready by 2023-2024, according to Total Managing Director, Philippe Blanchard. He told Business Advantage PNG the company is also keeping its eyes open for other energy plants in PNG.
Infrastructure
Papua New Guinea Earthquake Update: relief efforts continue as Restoration Authority established
The Papua New Guinea government has set up a new authority to oversee the restoration of services and infrastructure, following the February 26 earthquake. As humanitarian relief work continues, analysts expect GDP to fall slightly.
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.
Company profiles
Brian Bell Group investing heavily for growth in its 60th year, says Chairman
Diversified corporate and retail enterprise Brian Bell Group is celebrating its 60th year in 2018. Chairman Ian Clough tells Business Advantage PNG the company is investing in people, infrastructure, and new retail strategies in preparation for its next phase of growth.
MRDC adopting more active investment strategy says MD
The Mineral Resources Development Company (MRDC) was formed in 1975 and is as old as Papua New Guinea itself. Chief Executive Augustine Mano tells Business Advantage PNG that the enterprise has a wide mandate.
From our online directory …
‘The PNG 100’: key Papua New Guinea companies
Contact details for key Papua New Guinea corporations and service providers, listed by industry … Click to view list ...
Latest News
AkzoNobel’s new strategy sees it move out of retail sales
Paint company Akzo Nobel is taking a new strategic direction in Papua New Guinea, according to Chief Executive Officer, Navin Raju. He tells Business Advantage PNG that the prospects for growth are sound.
Features
How Maori landowners access development finance
Accessing finance to develop land in Papua New Guinea is the biggest stumbling block to creating wealth, jobs and an economic base for future generations. In New Zealand, Maori economic development is forging ahead, with the active support of banks and investors. In the second of a two-part series, Kevin McQuillan examines NZ banks’ lending criteria.
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
Andrew ‘ET’ Ettingshausen goes fishing in Papua New Guinea
Former rugby league player and keen fisherman Andrew ‘ET’ Ettingshausen is lured to West New Britain to chase big-fighting bass, but he is equally captivated by the vibrant culture and volcanic wilderness.
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