The chairman of Bougainville Copper Limited (BCL), Sir Mel Togolo, has confirmed the company is talking to prospective partners about reopening the mine. But he is unwilling to put a date on when it might reopen.
Bougainville Copper Limited committed to reopening the Panguna mine
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15 May 2019 by Leave a Comment
CEO hooked on tuna
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24 May 2019 by Leave a Comment
Being stranded for five years on Bougainville Island because of the civil conflict failed to deter Ludwig Kumoru, CEO of Parties to the Nauru Agreement (PNA), from developing a career in the fishing industry.
New H2 Sydney–Hong Kong submarine cable could provide branch line to Papua New Guinea
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8 May 2019 by Leave a Comment
PNG DataCo is in discussions with the operators of the new H2 undersea cable being laid between Sydney and Hong Kong. A branch line into Papua New Guinea could open up greater global connectivity as well as lower prices and improved reliability.
Life in Papua New Guinea after Ok Tedi
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3 May 2019 by Leave a Comment
As the Ok Tedi gold and copper mine nears the end of its current mine life, the Ok Tedi Development Foundation has launched a five-year plan to create economic self-reliance for the people of Western Province. Kevin McQuillan reports.
Making the most of Papua New Guinea-grown produce
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30 Apr 2019 by Leave a Comment
Papua New Guinea manufacturer Vitis Industries has expanded into spirits, brewing and coffee production as it seeks to convert locally-grown crops into consumer products. General Manager, Sergey Mosin shares some of his plans for 2019 with Business Advantage PNG.
Women’s Micro Bank: empowering Papua New Guinean women one bank account at a time
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8 May 2019 by 5 Comments
After receiving its banking licence five years ago, Women’s Micro Bank expects to deliver its first dividend in 2020. General Manger, Gunanidhi Das, tells Business Advantage PNG, the bank now has 27,000 customers, and aims to have 30,000 next year.
Crime prevention in Papua New Guinea set to go high-tech
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12 Apr 2019 by Leave a Comment
Security firms are becoming more sophisticated in how they deter, monitor and apprehend individuals committing crimes, according to Laine Kidner, Chief Executive of consultancy Connected South Pacific. He also tells Business Advantage PNG that it’s important for businesses to understand why crime occurs in Papua New Guinea.
Papua LNG expected to drive development of Special Economic Zone in Gulf Province
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5 Mar 2019 by 20 Comments
A fifteen-year plan to develop the Ihu Special Economic Zone is expected to be approved this month. Driving its development will be the infrastructure requirements for Papua New Guinea’s second liquefied natural gas project—Papua LNG.
Papua New Guinean entrepreneurs launch food delivery service
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4 Mar 2019 by 6 Comments
GoFood PNG is at the forefront of online food delivery services in Papua New Guinea. Kevin McQuillan speaks with co-founders Samson Korawali and Eugene Anang.
Bans on tuna fishing devices in the Pacific to continue
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4 Feb 2019 by Leave a Comment
A Pacific-wide three-month ban on fish aggregating devices (FADs) has been extended for another year to allow tuna stocks to continue to revive. But in a warning to other fishing nations, Palau is going ahead with its ban on all commercial fishing vessels.
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