Features
Latest news
In brief: Possible rice agreement with the Philippines, and other business stories
A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.
More details of Papua New Guinea’s APEC year revealed
Major infrastructure upgrades, visits to Papua New Guinea’s region, and increased efforts to liberalise trade across the region are part of this year’s APEC Leaders’ Meeting in Port Moresby. Officials claim that the nation will be well prepared to benefit from hosting the event.
Wafi Golpu mine would be good for the wider Papua New Guinea economy, says executive
The proposed Wafi Golpu mine will contribute to the diversification of Papua New Guinea’s economy, according to Craig Jones, Executive General Manager Wafi Golpu at Newcrest Mining. He told the Australia Papua New Guinea Business Forum in Brisbane that, if the project gets the go-ahead, it will help local agriculture.
Mining & petroleum
Wafi Golpu mine would be good for the wider Papua New Guinea economy, says executive
The proposed Wafi Golpu mine will contribute to the diversification of Papua New Guinea’s economy, according to Craig Jones, Executive General Manager Wafi Golpu at Newcrest Mining. He told the Australia Papua New Guinea Business Forum in Brisbane that, if the project gets the go-ahead, it will help local agriculture.
Kumul Petroleum MD believes ‘step change’ needed to achieve electrification targets in Papua New Guiea
The Managing Director of Kumul Petroleum Holdings (KPH), Wapu Sonk, believes a ‘step change’ is needed in the electrification of Papua New Guinea. He argues that some gas production should be reserved for domestic production.
Economy/investment
ANZ economist claims Papua New Guinea on verge of boom
Papua New Guinea is on the verge of a resources boom, according to Kishti Sen, International Economist for the ANZ Banking Group. He told the recent Australia–Papua New Guinea Business Forum that the challenge is to manage the economic cycles.
PM insists Papua New Guinea economy strong despite critics
The Prime Minister Peter O’Neill has criticised external commentators for ‘bias’ when assessing the PNG economy. Speaking at the 34th Australia Papua New Guinea Business Forum in Brisbane, he expressed optimism about the proposed Papua LNG project but said the economy has to be diversified to avoid boom and bust cycles.
Opinion and analysis
Opinion: Why Papua New Guinea is a unique tourism destination
Papua New Guinea offers some unique tourism options, according to Bob Bates, owner of Trans Niugini Tours. But he says it has some distinct challenges as well.
Opinion: Responding in the Pacific to a warming planet
Pacific Islands need to look for Pacific solutions to global warming, according to Meg Taylor DBE, Secretary General of the Pacific Islands Forum Secretariat. The aim should be resilience.
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
Kumul Petroleum MD believes ‘step change’ needed to achieve electrification targets in Papua New Guiea
The Managing Director of Kumul Petroleum Holdings (KPH), Wapu Sonk, believes a ‘step change’ is needed in the electrification of Papua New Guinea. He argues that some gas production should be reserved for domestic production.
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.
Company profiles
Diversification critical to success in Papua New Guinea, says Hornibrook NGI MD
Vertical integration is the key to growth in Papua New Guinea, according to Hornibrook NGI Managing Director Matthew Lewis. He tells Business Advantage PNG the steel fabrication and construction company is leveraging its in-house capacity to diversify into property and hospitality.
New owner of diversified technology company TE sees big future in Papua New Guinea
Retailer and wholesaler TE (PNG) is a diversified and adaptable company, says new Managing Director Robbie Huxley. He tells Business Advantage PNG he decided earlier this year to buy the 60-year-old company because he sees a positive future for PNG
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
In brief: Possible rice agreement with the Philippines, and other business stories
A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.
Features
Diversification critical to success in Papua New Guinea, says Hornibrook NGI MD
Vertical integration is the key to growth in Papua New Guinea, according to Hornibrook NGI Managing Director Matthew Lewis. He tells Business Advantage PNG the steel fabrication and construction company is leveraging its in-house capacity to diversify into property and hospitality.
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: Why Papua New Guinea is a unique tourism destination
Papua New Guinea offers some unique tourism options, according to Bob Bates, owner of Trans Niugini Tours. But he says it has some distinct challenges as well.
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