About Business Advantage PNG

Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

Welcome,

Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.

Resources boom to usher in ‘the most exciting ten years’ for Papua New Guinea: Prime Minister Marape

Welcome,

James Marape, PNG’s Prime Minister, speaks exclusively about PNG’s next decade of economic growth, which he describes as potentially the most exciting in the nation’s history.

2024: what can Papua New Guinea business expect from the year ahead?

Welcome,

Papua LNG, forex and law and order. Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.

Port Moresby’s state of emergency: what business needs to know

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The Marape government has imposed a 14-day State of Emergency in Papua New Guinea’s capital Port Moresby to maintain public order following extraordinary rioting and looting last week. Here’s what it means for business.

Review: Green Haus Restaurant, Port Moresby

Welcome,

Green Haus restaurant in The Stanley Hotel & Suites takes casual dining to the next level. One of the first things you notice is the wall of plants, growing in honour of the restaurant’s name. Review by Mary Tao.

New Porgera Chairman announces reopening date for gold mine

Welcome,

The Porgera gold mine in Papua New Guinea’s Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.

A Papua New Guinea-Australia security framework: not a treaty but solid nonetheless [Opinion]

Welcome,

Henry Ivarature, Deputy Director at the Australia Pacific Security College, considers the implications of the recent security agreement signed between Papua New Guinea and Australia.

Papua New Guinea’s new bank to focus on digital products and customer service

Welcome,

In this exclusive interview, Credit Corporation’s CEO Danny Robinson updates Business Advantage PNG on its progress towards acquiring a full banking license and outlines what kind of bank it will be.

Island immersion: a visit to the Duke of York Islands

Welcome,

Kate Webster journeys to the Papua New Guinea’s Duke of York Islands to experience life in a homestay.

Papua New Guinea’s 2024 National Budget: what’s in it for business?

Welcome,

An eight per cent increase in government spending and a five percent real GDP growth rate are two of the key predictions Papua New Guinea’s 2024 National Budget, announced by Treasurer Ian Ling-Stuckey in Parliament this week. So, what’s in the budget for business?