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

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How to deal with resource sector volatility in Papua New Guinea

The World Bank has released a new report, which provides a bullish assessment on economic growth in Papua New Guinea. But it says the country’s dependence on natural resources is not generating sufficient jobs to absorb its growing population and suggests a change in direction. David James explains.

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CEO 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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Papua New Guinea’s Prime Minister O’Neill announces intention to resign – what happens next?

27 May 2019 By Business Advantage PNG

Papua New Guinea’s Prime Minister Peter O’Neill announced his resignation yesterday at a press conference in Port Moresby. The announcement followed the defections on Friday of several MPs to the Opposition, which is now claiming sufficient numbers to form government in its own right.

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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.

Analysis: Papua New Guinea’s tax landscape could change after CGT and SME tax consultation process

The consultation process for the proposed Capital Gains Tax and Small Medium Enterprise Tax could change the tax landscape in Papua New Guinea. Karen McEntee, Tax Partner at KPMG, explores both proposals and what they mean for taxpayers in PNG.

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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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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