Papua New Guinea businesses donate K80 million in cash and aid for earthquake relief

Papua New Guinea businesses have donated at least K80 million in cash and equipment to aid February’s earthquake relief program.

Legendary Papua New Guinea correspondent laments Australian coverage of PNG earthquake

For more than 40 years, ABC journalist Sean Dorney has been reporting on Papua New Guinea and the Pacific. After he was diagnosed with motor neurone disease last year, friends and colleagues gathered in Brisbane to pay tribute to his life and work.

Earthquake to have ‘huge impact’ on Papua New Guinea economy, says Prime Minister

Last month’s earthquake in Papua New Guinea will have a ‘huge impact’ on the economy, says Prime Minister Peter O’Neill. The death toll is rising, the extent of the destruction and disruption to services and businesses is still being assessed, and the damage to the PNG LNG project is expected to affect government revenues.

Government incentives for second Papua New Guinea gas project should be fewer than for PNG LNG, say analysts

The operators of the Papua project are expected to make a financial investment decision on the project in 2019. But now that Papua New Guinea has ‘proven itself’ as a good manager of major global projects, it should be able to negotiate less generous terms with the operators of the second LNG plant, say economists and investment analysts.

Vanuatu tourism executives see co-operation with Papua New Guinea and Fiji as the way to capture the China market

Vanuatu tourism officials want a joint approach with Papua New Guinea and Fiji to develop the lucrative inbound Chinese tourism market. As Vanuatu recovers from the effects of Cyclone Pam in 2013, Business Advantage PNG asked Vanuatu’s Tourism Promotion’s George Lapson and Bryan Death how Vanuatu is preparing to capture the China market.

New Britain Palm Oil looking to expand and diversify, says Country Manager

Access to land is preventing New Britain Palm Oil from expanding its beef and palm oil production businesses. PNG Country Manager Robert Nilkare tells Business Advantage PNG, there is a need to develop more agriculture leases in Papua New Guinea.

Credit Corp expands into Timor-Leste, using the country’s 20-year plan as a ‘road map’

A well-managed economy and a 20-year vision are two reasons Credit Corp has set up shop in Timor-Leste. Country Manager, Chris Durman, outlines his own vision to Business Advantage PNG.

Perth exploration company Kalia Ltd wins first gold and copper exploration licence under new Bougainville Mining Act

Perth-based explorer Kalia Ltd has begun geological surveys on its two licence areas, after winning exploration licences under the new Bougainville Mining Act. Managing Director Terry Larkan tells Business Advantage PNG that, while the licence areas’ resources are unknown, the licences have ‘the right address’.

How Hargy Oil Palms boosted its palm oil production in Papua New Guinea

It may not have involved rocket science, but Hargy Oil Palms Ltd has experienced significant success in boosting palm oil yields in West New Britain. But Chief Executive Graham King believes the success of agriculture in PNG will ultimately depend on secure land tenure and foreign investment.

Agmark MD outlines recipe to repair Papua New Guinea’s cocoa industry

Papua New Guinea’s cocoa industry could be back to its 1970s levels if it had a strong cocoa grower-based Cocoa Board, more farmer training and increased investment. That is what John Nightingale, Managing Director of Agmark, told the country’s first-ever agricultural summit, held in Port Moresby last month.