PNG’s largest superannuation fund, Nasfund, released its annual results earlier this month. Business Advantage PNG spoke with its Chief Executive Officer Ian Tarutia.
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Papua New Guinea’s very own gourmet chocolate may have only been on sale for a few weeks, but its production line has already been honoured with a visit from the recent business delegation that accompanied the Thai Prime Minister.
Business Advantage PNG asked Pacific MMI Insurance MD Wayne Dorgan for his recommendations.
From this month, the European Union (EU) won’t be accepting illegally produced wood products. What impact will its decision have on PNG’s forestry sector?
Papua New Guinea’s first listed investment company, Kina Asset Management Ltd, (KAML) has announced a net profit of K4.73m ($US2.21m) in 2012, compared to a net loss of K9.43m (US$4.41m) the previous year.
The Rimbunan Hijau (PNG) Group optimistic MD, James Lau, tells Business Advantage why the group is expanding its horizons.
Geoffrey Buchanan has been appointed ANZ’s new Chief Executive Officer for the Solomon Islands. Vanguard International has appointed Peter Garnsey as Executive Director in charge of its labour hire/contractor division.
A small nation with vast reserves of natural resources… sustained and stellar GDP growth despite a challenging operating environment… tension between foreign investors and those in the local population who believe their birthright is being sold off too cheaply… a copper and gold mine large enough to contribute a third of the nation’s GDP.
Radio Australia reports that PNG Prime Minister Peter O’Neill has ‘ blasted his public service over the granting of controversial [SABL] leases’ and more …
Papua New Guinean finance company Credit Corporation, the target of recent buyout interest from BSP, has posted increased profits of K106.11 million in the financial year ending 31 December 2012.