In this exclusive interview, Barrick Gold’s President and Chief Executive Mark Bristow talks about the deal he made to restart the Porgera gold mine, the road to returning it to full production, and why addressing law and order is critical.
All Articles
The Bank of Papua New Guinea and the International Monetary Fund believe continued depreciation of the kina is the way to alleviate the country’s ongoing foreign exchange shortages. ANZ economists Kishti Sen and Tom Kenny argue there are better alternatives.
Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
Port Moresby’s former port facility has been rezoned, had its masterplan approved, and is now ready for investors’ expressions of interest. Business Advantage PNG takes a closer look at the project.
New CEO for Remington Group, permanent appointment for Air Niugini’s CEO.
The 50th Hiri Moale Festival was staged in Port Moresby earlier this year in a show of colour, music, dance, art, food and culture. Carmel Pilotti reports on this year’s excellent turnout and speaks to the newly-crowned Hiri Queen.
As telecommunications connectivity reaches 80 per cent of Papua New Guinea’s population, Business Advantage PNG looks at how the country’s telecommunications wholesaler, PNG DataCo, is working to encourage greater adoption of the internet by business and consumers.
The Paga Hill Estate site is underway, with aims to attract cruise traffic and change how people experience Port Moresby. Gudmundur Fridriksson, Chairman, Paga Hill Development Company, tells us how he plans to make waves in PNG’s tourism sector.
Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.
Forex shortages in PNG have acted as handbrake on both economic growth and foreign direct investment over the past decade, according to the IMF. However, domestic and concessional investors have been stepping in to keep PNG’s economy moving.