Features

Papua New Guinea digital entrepreneurs are blogging to bring about change

In the last part of her three-part series about digital entrepreneurs, Lisa Smyth speaks with two inspiring Papua New Guineans who use blogging to … [read on ...]

Frieda River mine expands into Sepik Development Project

The US$8 billion (K26.5 billion) Sepik Development Project at Frieda River will create 'a new economic corridor' in PNG's northwest. Developer PanAust … [read on ...]

Global mining industry still recovering from a ‘great big party’

The global mining industry is still in a 'big hangover', says Newcrest Mining's Chief Development Officer, Michael Nossal. He tells an industry event … [read on ...]

Papua New Guinea digital entrepreneurs make strides in new and old media

Young Papua New Guinea digital entrepreneurs are developing followings in film and podcasts. They are bringing something relatively new to the … [read on ...]

Papua New Guinea’s fiscal regime for resources projects ‘fair,’ says Santos GM

Papua New Guinea has a ‘fair and reasonable’ fiscal regime for resources when compared with its neighbours Australia and Indonesia, according to John … [read on ...]

Latest news

Ok Tedi ramping up exploration

With only 10 years of estimated current mine life, Ok Tedi Mining is working hard to optimise production and maximise profit at Papua New Guinea’s largest copper mine, says CEO Peter Graham.

In Brief: World Bank report predicts 5% GDP growth for Papua New Guinea and other business stories

New World Bank report predicts 5% GDP growth for Papua New Guinea in 2019, consumer protection in financial services, and Bloomberg puts a value on Panguna mine. Your weekly digest of the latest business news.

Frieda River mine expands into Sepik Development Project

The US$8 billion (K26.5 billion) Sepik Development Project at Frieda River will create ‘a new economic corridor’ in PNG’s northwest. Developer PanAust is suggesting it could give employment to about 5000 people during construction and increase Papua New Guinea’s GDP by K90 billion over 40 years.

Read more News

Opinion and analysis

Analysis: testing out Papua New Guinea’s new Large Taxpayer Office

Papua New Guinea’s new Large Taxpayer Office (LTO) has now been in operation for three months. Karen McEntee, Tax Partner at KPMG, checks in to see how it is progressing.

Read more opinion/analysis

Economy/investment

Drop in new LNG capacity and surging China demand will benefit Papua New Guinea

The global gas market is set to surge, according to Justin Smirk, Senior Economist at Westpac. He told a recent Port Moresby Chamber of Commerce and Industry meeting that Papua New Guinea is well placed to benefit.

Commodities: LNG prices down, oil prices steady and coffee up

In the agribusiness sector coffee prices have risen, while prices in the hydrocarbons sector are largely unchanged, and metals prices are steady or lower. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.

Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

The Governor of the Bank of Papua New Guinea, Loi Bakani, says the foreign exchange market is on track to return to normalcy. In an exclusive interview with Business Advantage PNG, he says the PNG LNG project has begun paying taxes for the first time, which is improving the Government’s budgetary position.

Read more on this topic ...

People moves

People Moves: ACP Group, University of Natural Resources and Environment, Digicel PNG Foundation, NASFUND

New chancellor at the University of Natural Resources and Environment, new chairperson announced at ACP Group, changes in NASFUND’s board of directors, new CEO at Digicel PNG Foundation.

More People Moves ...

Interviews

Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

The Governor of the Bank of Papua New Guinea, Loi Bakani, says the foreign exchange market is on track to return to normalcy. In an exclusive interview with Business Advantage PNG, he says the PNG LNG project has begun paying taxes for the first time, which is improving the Government’s budgetary position.

More interviews ...

Infrastructure

Electrification Partnership beginning of new era for PNG Power

Carolyn Blacklock, the acting Managing Director of PNG Power, says the money that will come from the Papua New Guinea Electrification Partnership established at APEC will greatly assist the roll out of electricity. She says PNG Power has sharply increased the number of connections it is making and is aiming to concentrate on hydropower.

More on infrastructure ...

Company profiles

Kina Bank sees opportunity to be Papua New Guinea’s leading digital bank

Kina Bank’s vision is to be the country’s leading digital bank, CEO Greg Pawson tells Business Advantage PNG. He says the bank is preparing to take over ANZ PNG’s retail, commercial and SME businesses.

Read more profiles ...

Latest News

Ok Tedi ramping up exploration

With only 10 years of estimated current mine life, Ok Tedi Mining is working hard to optimise production and maximise profit at Papua New Guinea’s largest copper mine, says CEO Peter Graham.

  • Oil Search

Features

Papua New Guinea digital entrepreneurs are blogging to bring about change

In the last part of her three-part series about digital entrepreneurs, Lisa Smyth speaks with two inspiring Papua New Guineans who use blogging to empower their communities.

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

Analysis: testing out Papua New Guinea’s new Large Taxpayer Office

Papua New Guinea’s new Large Taxpayer Office (LTO) has now been in operation for three months. Karen McEntee, Tax Partner at KPMG, checks in to see how it is progressing.

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