Features
Latest news
Oil Search capital raising: is stake in PNG LNG project up for sale?
Papua New Guinea’s largest company, Oil Search, is proposing to raise US$700 million (K2.4 billion) to strengthen its balance sheet in response to declining oil prices. The company’s stake in the PNG LNG project may also eventually be on the table.
East New Britain locked down: business braces for three-week closure
With Papua New Guinea’s second case of COVID-19 discovered in East New Britain, the province’s businesses are getting ready for weeks of disruption.
In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories
Papua New Guinea’s financial institutions offer businesses support for State of Emergency, Oil Search cuts staff, and Air Niugini to resume flights. The business news you need to kickstart your week.
Opinion and analysis
Life in Port Moresby under lockdown [opinion]
Associate Lecturer Dek Joe Sum is based at the University of Papua New Guinea and has been in lockdown in Port Moresby since 24 March. This is his experience.
Economy/investment
Stimulate or stagnate: steering Papua New Guinea’s economy through the COVID-19 crisis
The global economic meltdown that has been triggered by the COVID-19 virus outbreak has hit Papua New Guinea hard. What are the implications for the country’s business and financial sectors?
Oil collapses, copper and cocoa also down: a monthly review of Papua New Guinea’s commodities and financial markets
The oil price has cratered and LNG prices have also been weak. Copper is down sharply and the cocoa price is also off sharply. Business Advantage PNG’s monthly overview of commodity and financial markets.
People moves
People moves: Air Niugini, Bizprint
Air Niugini names Acting Chief Executive Officer, GM leaves Bizprint.
Boardroom briefing
Boardroom briefing: the future is now, using lockdown wisely and positive news from the COVID-19 front line
Has the COVID-19 crisis accelerated workplace change? How to use your lockdown wisely and New Zealand’s hard lockdown starting to show results. Readings from around the world on business, leadership and management.
From our online directory …
Doing Business in Papua New Guinea
The ultimate guide to doing business in Papua New Guinea, produced by Business Advantage International, its content partners, and third parties.
Profiles of Papua … Read on ...Interviews
Papua New Guinean Young Guns [Part 2]
Papua New Guineans Len Awinup and Lydia Lisa Dimokari are creating change through two initiatives that could level up the field for young people around the country.
Infrastructure
Roads to success: Solomon Islands’ Deputy PM on building new infrastructure
Manasseh Maelanga, the Deputy Prime Minister of the Solomon Islands, says the Pacific country’s new government has turned its attention to infrastructure. Measures are being put in place to encourage private sector involvement in roads, ports and industrial townships.
Company profiles
Are satellites the future of affordable internet in Papua New Guinea?
Kacific Broadband Satellites Group has the potential to transform Papua New Guinea by delivering reliable internet connectivity to people in remote and rural areas. Here’s how.
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
Oil Search capital raising: is stake in PNG LNG project up for sale?
Papua New Guinea’s largest company, Oil Search, is proposing to raise US$700 million (K2.4 billion) to strengthen its balance sheet in response to declining oil prices. The company’s stake in the PNG LNG project may also eventually be on the table.
Features
Forex squeeze: is Papua New Guinea’s stable kina a liability?
As a thinly traded currency, the kina has been protected from some of the volatility affecting world markets in the wake of COVID-19, but that presents its own set of problems.
Opinion
Life in Port Moresby under lockdown [opinion]
Associate Lecturer Dek Joe Sum is based at the University of Papua New Guinea and has been in lockdown in Port Moresby since 24 March. This is his experience.
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