People moves: Trukai Industries, Oil Search

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Trukai Industries welcomes a General Manager, Sales and Marketing, and Oil Search announces four new appointments.

In brief: Oil Search cuts 2019 capital spending budget and other business stories

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Oil Search has cut its 2019 capital spending budget, delays in the Wafi-Golpu project has lead to job loss, and Bank South Pacific reports liquidity in Papua New Guinea’s banking sector has decreased. Your weekly digest of business news.

Paradise Foods’ new Group CEO plans to double the business

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Paradise Foods Limited is the oldest food manufacturer in Papua New Guinea and its new Group CEO, James Rice, is tasked with ensuring the company is number one across its food categories. In this exclusive interview with Business Advantage PNG, Rice shares his plans to double the business.

Boardroom briefing: tech emerging markets, business documentaries and food waste to power new ideas

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Tech emerging markets are cradle for digital experiments, best business documentaries, and food waste to power-up start-ups. Readings from around the world on business, leadership and management.

People moves: City Pharmacy Limited, MiBank, Steamships

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City Pharmacy Limited names new National General Manager and MiBank announces an addition to the MiBank Board.

In brief: Port Moresby Stock Exchange changes its name and other business stories

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Papua New Guinea’s stock exchange changes its name, Oil Search signs MoU to help sustainable agriculture, and PNG Power reviews financial reporting. Your weekly digest of business news.

Boardroom briefing: best franchises to buy, declutter your day and zombie firms

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Forbes has released its Best Franchises to Buy list, five ways to deal with multitasking and distractions, and the rise of zombie firms. Readings from around the world on business, leadership and management.

People moves: Port Moresby Rotary Club

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The Port Moresby Rotary Club names a new head.

PNG Air’s CEO on the new codeshare agreement with Virgin Australia

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PNG Air, PNG’s second domestic airline, is about to commence a new codesharing agreement with Virgin Australia. CEO Paul Abbot updates Business Advantage PNGon the agreement and the airline’s plans for the future.

In brief: Kumul Telikom Holdings announces major price reductions on internet rates

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Kumul Telikom Holdings has slashed internet rates, Kumul Petroleum Holdings has been asked to report on its earnings since 2014, and a cable laying ship has arrived in Port Moresby to work on the Coral Sea Cable system. Your weekly digest of business news.