Treasurer reinstated and Bank of Papua New Guinea appoints new Financial Analysis and Supervision Unit (FASU) Director.
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Tucked away in an industrial block in the Port Moresby suburb of Gordons, we find amazing value in the ‘no-frills’ Ang’s Restaurant.
Housing is in high demand in Papua New Guinea, especially in Port Moresby and Lae. Large housing developments can increase supply, but regulators and developers must work together to reduce the costs, argues the PNG National Research Institute’s Logea Nao.
Duffy has become a household name in Port Moresby. General Manager Chris Shine talks about the keys to the cafe business’ incredible success and its exciting, innovative plans for the future.
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. We break down the implications for PNG’s business and labour force.
Management changes at Hugo Canning Ltd and Pacific Trade Invest Australia, and King’s Birthday Honours for PNG
In the village of Gaulim in East New Britain, Kate Webster witnesses the tribal spectacle of a fire dance.
Newmont Corporation’s Tom Palmer tells Business Advantage PNG that Papua New Guinea fits well within company’s strategy, but cautions that the prospective Wafi-Golpu copper-gold project will need to compete for capital with other projects in portfolio.
In spite of the challenges, Papua New Guinea’s second city, Lae, is experienced some significant new investments. Business Advantage PNG sits down with John Byrne, President of the Lae Chamber of Commerce, to discuss the state of play in the country’s “engine room”.