National airline Air Niugini is set to commence bi-weekly flights to Townsville in the Australian state of Queensland from March 2017. The move strengthens Port Moresby’s Jacksons International Airport status as a regional aviation hub.
In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news
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14 Dec 2016 by Leave a Comment
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
Interview: Brett Goschen, Chief Executive Officer, Digicel Papua New Guinea
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12 Dec 2016 by Leave a Comment
Boosting data speeds and widening broadband coverage are the aims of Digicel’s incoming Chief Executive Officer, Brett Goschen. He told Business Advantage PNG he will be drawing on his experiences in Africa to help transform the telecommunications landscape in Papua New Guinea.
In brief: Supplementary Budget in January to address tax measures, and other business stories
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6 Dec 2016 by Leave a Comment
Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.
People moves: Independent Consumer and Competition Commission, Geopacific Resources
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6 Dec 2016 by
Competition Commissioner reappointed, Geopacific Resources appoints CFO
In brief: Agriculture Minister calls for annual 10% Budget investment in sector and other business stories
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29 Nov 2016 by
Tomscoll says government must invest in agriculture if the economy is to survive, government waiting for Chinese funding of PMIZ a year after launch, and O’Neill discusses closer ties with Thailand. Your weekly digest of the latest business news.
Copper down but palm oil up: a monthly review of commodities and financial markets
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29 Nov 2016 by Leave a Comment
Copper and cocoa prices have eased sharply over the last month, while palm oil prices have surged. Gas and oil prices are largely unchanged and precious metals prices have eased. Business Advantage PNG’s monthly overview of commodity and financial markets.
People moves: Norton Rose Fulbright
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29 Nov 2016 by Leave a Comment
Law firm appoints Principal to new office in Port Moresby.
Total aiming to start Papua LNG production in 2022/23, says Blanchard
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28 Nov 2016 by 4 Comments
Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.
People moves: Kina Securities, PNG Cocoa Board, National Airports Corporation, Mainland Holdings
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23 Nov 2016 by
Senior appointments at Kina Securities, a new Director for the PNG Cocoa Board, a new Acting Managing Director at Airports Corporation, and a new Poultry Manager at Mainland Holdings
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