Articles by David James

Bridging the digital divide in Papua New Guinea ‘not impossible any more’, says PNG DataCo’s CEO

Welcome,

Businesses in Papua New Guinea should be looking to take advantage of cloud technology according to Paul Komboi, Chief Executive Officer of PNG DataCo. He said the technology is expected to be launched this year.

Pivot and pain: How Papua New Guinea manufacturer KK Kingston adapted to the COVID-19 pandemic

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The COVID-19 pandemic has had a mixed impact on Lae-based manufacturer, KK Kingston. Chief Executive Michael Kingston reflects on how the company has handled a ‘black swan’ event that was impossible to anticipate.

The P’nyang effect: Fitch downgrades Papua New Guinea’s LNG export projections

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The delaying of negotiations over ExxonMobil’s proposed plan to develop the P’nyang gas field has led analyst Fitch Solutions to downgrade Papua New Guinea’s LNG export projections.

‘There could not be a better time’ for Papua New Guinea’s new foreign investment laws

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Now is the time to focus on restarting foreign investment in Papua New Guinea, says Clarence Hoot, Managing Director of the country’s Investment Promotion Authority. He tells Business Advantage PNG the IPA’s priorities for the year ahead, which include getting new foreign investment laws through Parliament.

We need more competition, says Bank South Pacific CEO

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Bank South Pacific has just announced its 2020 financial results amid tough trading conditions. CEO Robin Fleming talks to us about the bank’s plans for 2021, foreign exchange shortages, and the need for greater competition.

More jobs, better recovery strategy: what Papua New Guinea’s economy needs to thrive

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The most important economic issue facing Papua New Guinea is job generation, according to Douveri Henao, Executive Director Business Council of PNG, and Paul Barker, Executive Director of the Institute of National Affairs.

Papua New Guinea falls in mining investment rankings

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Papua New Guinea is ranked as the tenth worst destination for investment in mining, according to the Fraser Institute’s Survey of Mining Companies 2020. Infrastructure and security were nominated as areas of particular concern.

Mineral sands and sago: Mayur Resources grows portfolio in Papua New Guinea

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Mayur Resources’ mineral sands project at Orokolo Bay, Gulf Province, is close to commencing according to Managing Director Paul Mulder. He highlights the opportunities to Business Advantage PNG.

Papua New Guinea facing a ’triple crisis’, says World Bank economist

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Papua New Guinea has been dealing with a ’triple crisis’, according to Ilyas Sarsenov, Country Economist for the World Bank in PNG. Speaking at a Business Advantage PNG online briefing, he said that the economy has fallen well below previous growth forecasts.

Stock exchange: Could a new levy stifle Papua New Guinea’s capital markets?

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The Acting Chairman of the Securities Commission Alex Tongayu has issued an order that a new levy will be applied to all transactions on the PNGX, Papua New Guinea’s stock market. It has raised concerns that it will impede the growth of the country’s capital markets.