Features

New majority owner of Port Moresby Stock Exchange outlines its plans

The Port Moresby Stock Exchange has new majority owners. So, who's behind Pacific Capital Markets Development and what are their plans for Papua New … [read on ...]

‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that … [read on ...]

APEC hailed by organisers as a success for Papua New Guinea despite tensions

Papua New Guinea’s hosting of APEC 2018 was a success, say three senior figures involved in its organisation. Ivan Pomaleu, PNG’s APEC Ambassador, … [read on ...]

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

Kina Bank’s vision is to be the Papua New Guinea's leading digital bank, CEO Greg Pawson tells Business Advantage PNG. He also reveals the ASX-listed … [read on ...]

PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US

The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, … [read on ...]

Latest news

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.

‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country’s SOEs and that a fundamental change is necessary if the enterprises are to expand.

APEC hailed by organisers as a success for Papua New Guinea despite tensions

Papua New Guinea’s hosting of APEC 2018 was a success, say three senior figures involved in its organisation. Ivan Pomaleu, PNG’s APEC Ambassador, suggests that the country achieved all of its goals in spite of the lack of a consensus within the group of 21 nations.

Read more News

People moves

People Moves: Bank South Pacific, PNG Air

Notable Papua New Guinea-related appointments and departures. This week: a new head of BSP Digital, CFO departs PNG Air. 

More People Moves ...

Mining & petroleum

Production from Papua LNG in Papua New Guinea could start in 2024, says Total Managing Director

French super major Total will look to have a final gas agreement with the Papua New Guinea government for the Papua LNG project by March 2019. If the project gets the final go-ahead, production should start in 2024, according to Jean-Marc Noiray, Managing Director of Total E&P PNG.

Papua New Guinea’s LNG capacity could double, says ExxonMobil SVP

Neil Chapman, Senior Vice President of ExxonMobil, told the APEC CEO Summit earlier this month that LNG capacity in Papua New Guinea could double. He claimed the global shift to natural gas to reduce carbon emissions is favouring the industry.

LNG prices and oil prices down but cocoa strong: a monthly review of Papua New Guinea’s commodity and financial markets

LNG and oil prices have weakened but the cocoa price has strengthened. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.

More on mining and petroleum ...

APEC 2018

Papua New Guinea’s LNG capacity could double, says ExxonMobil SVP

Neil Chapman, Senior Vice President of ExxonMobil, told the APEC CEO Summit earlier this month that LNG capacity in Papua New Guinea could double. He claimed the global shift to natural gas to reduce carbon emissions is favouring the industry.

Opinion: Papua New Guinea could provide a model for the developing world says Oil Search MD Botten

Peter Botten, Managing Director of Oil Search, says including communities in the development agenda is a way that resource developers can engage with governments and other stakeholders. He explains that what his company has done in PNG can be a model for other developing countries.

PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US

The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.

More articles about APEC 2018

Economy/investment

Dates and location set for 2019 Papua New Guinea Investment Conference

The 2019 Business Advantage Papua New Guinea Investment Conference will take place on 19 and 20 August at the premium Shangri-La Hotel, Sydney, Australia.

Read more on this topic ...

Opinion and analysis

Opinion: Papua New Guinea could provide a model for the developing world says Oil Search MD Botten

Peter Botten, Managing Director of Oil Search, says including communities in the development agenda is a way that resource developers can engage with governments and other stakeholders. He explains that what his company has done in PNG can be a model for other developing countries.

Read more opinion/analysis

Interviews

New majority owner of Port Moresby Stock Exchange outlines its plans

The Port Moresby Stock Exchange has new majority owners. So, who’s behind Pacific Capital Markets Development and what are their plans for Papua New Guinea’s bourse? In this exclusive interview, one of the Principals of Pacific Capital, Frank Dunphy, reveals all to Business Advantage PNG.

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

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.

Features

New majority owner of Port Moresby Stock Exchange outlines its plans

The Port Moresby Stock Exchange has new majority owners. So, who’s behind Pacific Capital Markets Development and what are their plans for Papua New Guinea’s bourse? In this exclusive interview, one of the Principals of Pacific Capital, Frank Dunphy, reveals all to Business Advantage PNG.

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: Papua New Guinea could provide a model for the developing world says Oil Search MD Botten

Peter Botten, Managing Director of Oil Search, says including communities in the development agenda is a way that resource developers can engage with governments and other stakeholders. He explains that what his company has done in PNG can be a model for other developing countries.

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