Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.
Posts by Business Advantage PNG
As the Papua New Guinean Government prepares to present a state of emergency report on the country’s electricity services, the it has stepped in to make major changes to the way state utility PNG Power Ltd is managed to make it ‘more corporate oriented’.
Ratings agency Standard & Poor’s says PNG’s banks operate in a ‘high risk’ environment, with regulation and supervision ‘comparatively lenient’.
Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.
A new Managing Director at the IPBC, a new Executive Director at PNG Power, Newcrest Mining appoints a Chief Development Officer and a new chair for Virgin Australia.
The new CEO of Digicel PNG believes the company will evolve into a provider of content rather than simply a provider of pipes for consumers. Formerly Pacific Regional CEO, Maurice McCarthy told Business Advantage PNG the first priority is to expand access to Digicel’s networks.
Motukea Island Port project expressions of interest called for, PM dismisses ‘secret deals’ with Rio Tinto, and Star Mountains project JV launches exploration campaign. Your weekly digest of the latest business news.
Poultry producers in Papua New Guinea have welcomed a ban on raw poultry imports from Australia, saying it will strengthen PNG’s biosecurity regime.
A rising middle-class in Papua New Guinea is seeing the emergence of a wider variety of food and beverage businesses, particularly in Port Moresby. It also reflects, say food specialists, an increasing demand for high quality food products in PNG.
The developing retail environment in Papua New Guinea will soon include expanded duty-free shopping at the refurbished Jacksons International Airport.