Features

Digicel executive outlines ‘aggressive’ plans to take advantage of new cable link

The Regional Director of Digicel Pacific, Paul Statham, says the company has 'aggressive' plans to expand its offerings when the submarine fibre cable … [read on ...]

Papua New Guinea PM Peter O’Neill says deals on resources projects will be fair to all stakeholders

In his exclusive conversation with Business Advantage PNG's Andrew Wilkins, the Prime Minister Peter O'Neill says he is looking for deals in LNG and … [read on ...]

ADB’s Papua New Guinea head reveals more details of the Highlands Highway upgrade

The Asian Development Bank will start redeveloping the entire Highlands Highway simultaneously rather than doing it in sections, according to David … [read on ...]

The key factor Papua New Guinea’s banks and super funds look for before they will invest in your business

Papua New Guinea businesses looking for investment from super funds or banks must show they have sound governance systems in place. That was the view … [read on ...]

Wages stagnating in Papua New Guinea according to salary survey

A recent salary survey has identified the need for investment in local talent to support better outcomes for the country’s professionals and … [read on ...]

Latest news

Pacific Island exporters expecting boost in orders and looking to Asia, study finds

A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.

In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories

ANZ Bank expects Kina to rise above $0.35 cents from early 2020, Ramu 2 hydropower project to commence next March, and security preparations for APEC step up. Your weekly digest of the latest business news. 

Digicel executive outlines ‘aggressive’ plans to take advantage of new cable link

The Regional Director of Digicel Pacific, Paul Statham, says the company has ‘aggressive’ plans to expand its offerings when the submarine fibre cable from Australia to Papua New Guinea is built. He says these innovations will especially benefit business.

Read more News

Mining & petroleum

Papua New Guinea PM Peter O’Neill says deals on resources projects will be fair to all stakeholders

In an interview with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says he is looking for deals in LNG and mining projects that will benefit all parties. In the first of a two part series, O’Neill says his government is investing to diversify the economy.

Nine things mining companies need to avoid in the next upturn

A report by consultancy McKinsey & Co. says activity in mining is strengthening globally. But it identifies nine mistakes in the downturn that should be avoided.

More on mining and petroleum ...

Economy/investment

Oil prices hit a four year high and LNG prices have also risen: a monthly review of Papua New Guinea’s commodity and financial markets

Oil and LNG prices are showing strength but cocoa and palm oil prices price have weakened. Business Advantage PNG’s monthly review of Papua New Guinea’s commodity and financial markets.

ADB’s Papua New Guinea head reveals more details of the Highlands Highway upgrade

The Asian Development Bank will start redeveloping the entire Highlands Highway simultaneously rather than doing it in sections, according to David Hill, Country Director for the ADB. He outlined the ADB’s focus on improving both physical and digital connectivity in Papua New Guinea.

Read more on this topic ...

Opinion and analysis

Opinion: The Pacific Islands should speak as one

Dame Meg Taylor Secretary General of the Pacific Islands Forum Secretariat argues that the Pacific region is at a critical juncture in its history. She argues that because of political ‘jousting’ there ‘has never been a more important nor opportune time’ to act as one Blue Pacific continent.

Opinion: Papua New Guinea adjusting its tariff strategy in APEC year

Papua New Guinea is raising tariffs at the same time it is hosting APEC, according to Rohan Fox, Stephen Howes and Maholopa Laveil. The ANU researchers say this is at odds with the APEC agenda.

Read more opinion/analysis

Interviews

Papua New Guinea PM Peter O’Neill says deals on resources projects will be fair to all stakeholders

In an interview with Business Advantage PNG’s Andrew Wilkins, the Prime Minister Peter O’Neill says he is looking for deals in LNG and mining projects that will benefit all parties. In the first of a two part series, O’Neill says his government is investing to diversify the economy.

Moving from aid to trade: successful mentoring and investment projects in Vanuatu and Samoa expanding into Papua New Guinea

After the successful launches of sustainable small businesses in Vanuatu and Samoa, a donor-funded private sector initiative is preparing to expand into Papua New Guinea.  Anna Moegerlein from Melbourne’s The Difference Incubator explains the initiative to Business Advantage PNG.

Infrastructure

ADB’s Papua New Guinea head reveals more details of the Highlands Highway upgrade

The Asian Development Bank will start redeveloping the entire Highlands Highway simultaneously rather than doing it in sections, according to David Hill, Country Director for the ADB. He outlined the ADB’s focus on improving both physical and digital connectivity in Papua New Guinea.

Six per cent of GDP required to maintain Papua New Guinea’s infrastructure

Papua New Guinea requires about 6 per cent of its GDP to maintain its infrastructure assets, according to Craig Lawrence, Principal at Lytton Advisory. He told the Business Advantage Investment Conference in Brisbane that the ‘build and neglect’ approach is twice as expensive as ongoing maintenance.

More on infrastructure ...

Company profiles

How Supreme Industries has expanded in Papua New Guinea

Port Moresby-based retailer/wholesaler Supreme Group found itself needing products and services it couldn’t source in Papua New Guinea, so it decided to create them. Group Managing Director Sanjay Shah,  tells Business Advantage PNG that the group has grown quickly and is anticipating more diversification.

Sankamap Exports founder believes Bougainville business has a bright future

Establishing a business on a Papua New Guinea island is a difficult challenge. But Robert Critchley, owner of cocoa and copra supplier, Sankamap Exports, describes how it can be done.

Read more profiles ...

Latest News

Pacific Island exporters expecting boost in orders and looking to Asia, study finds

A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.

Features

Digicel executive outlines ‘aggressive’ plans to take advantage of new cable link

The Regional Director of Digicel Pacific, Paul Statham, says the company has ‘aggressive’ plans to expand its offerings when the submarine fibre cable from Australia to Papua New Guinea is built. He says these innovations will especially benefit business.

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: The Pacific Islands should speak as one

Dame Meg Taylor Secretary General of the Pacific Islands Forum Secretariat argues that the Pacific region is at a critical juncture in its history. She argues that because of political ‘jousting’ there ‘has never been a more important nor opportune time’ to act as one Blue Pacific continent.

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