Prolific filmmaker Spencer Peter Wangare is on a mission to inject some verve into Papua New Guinea’s film industry. He speaks to Mary Tao about the industry and his latest movie, Black Python.
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The US$7 billion Frieda River copper-gold project is one of the largest in Papua New Guinea’s development pipeline but may take another decade to come into production. Business Advantage PNG looks into why its developer, PanAust, considers it worth the wait.
The outlook is positive for the key commodity exports that will support Papua New Guinea’s resources sector in coming decades, including LNG, gold and copper. Business Advantage PNG speaks with the analysts to find out why.
People moves: ANZ, Australian High Commission Papua New Guinea, Remington Group, Minimum Wages Board
New Head of Transaction Banking and Head of Business Execution, new First Secretary for Infrastructure at Aussie High Comm, new COO at Remington Group and new appointments to the Minimum Wages Board.
Papua New Guinea holds tremendous potential for foreign investors. However, understanding of local cultural nuances is critical to developing relationships and achieving long-term business success in the country, writes Maryanne Kepui.
Pacific countries like Papua New Guinea are increasingly becoming critical grounds for geopolitical competition, leading to higher investment from international partners, particularly in infrastructure, according to the Lowy Institute’s Dr Meg Keen and colleagues.
Kate Webster looks inside the comfortable business hotel, the Holiday Inn Express Port Moresby.
The Kainantu gold mine in Eastern Highlands Province has been in continuous expansion since its acquisition by K92 Mining in 2015. CEO John Lewins shares his company’s aspiration to become the PNG’s mining sector’s largest taxpayer – and the investment underpinning it.
The Green Finance Centre was founded this year under the aegis of the Bank of Papua New Guinea, with the aim of creating a framework to facilitate investments in areas such as renewables and climate resilience. Its head Mohinesh Prasad shared the centre’s plans and progress in a speech to the 2024 Business Advantage PNG Investment Conference.
Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.