New CEO for Hardware Haus Ltd, succession move at Steamships, and government ministerial appointments
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People moves: Hardware Haus Ltd, Steamships, PNG Cabinet
16 Jul 2024 by Leave a Comment
News
As January 10 recovery payments begin, Port Moresby businesses confront the consequences
2 Jul 2024 by Leave a Comment
Government funds to cover debris removal and business recovery have this week started to flow to businesses affected by the January 10 riots in Port Moresby. With funds for actual rebuilding still to be finalised, we talk to business leaders about the longer term consequences.
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Breaking new ground: Tuhava Town shows the way for land use in Papua New Guinea
2 Jul 2024 by 2 Comments
The ambitious housing development from Rhodes PNG Limited is a “first of its kind” land-use model that aims to deliver affordable housing to the country’s rising middle class.
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People moves: Treasury, Bank of Papua New Guinea, World Bank, Datec PNG, IFC and Port Moresby Nature Park
2 Jul 2024 by Leave a Comment
Treasurer reinstated and Bank of Papua New Guinea appoints new Financial Analysis and Supervision Unit (FASU) Director.
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Twinza Chair: Pasca A deal sets up ‘strategic alliance’ with MRDC
18 Jun 2024 by Leave a Comment
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
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Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses
18 Jun 2024 by 4 Comments
Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. We break down the implications for PNG's business and labour force.
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People moves: Hugo Canning Ltd, Pacific Trade Invest Australia, King’s Birthday Honours
18 Jun 2024 by Leave a Comment
Management changes at Hugo Canning Ltd and Pacific Trade Invest Australia, and King's Birthday Honours for PNG
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Newmont CEO affirms Wafi-Golpu ‘will be developed’
18 Jun 2024 by Leave a Comment
Newmont Corporation's Tom Palmer tells Business Advantage PNG that Papua New Guinea fits well within company’s strategy, but cautions that the prospective Wafi-Golpu copper-gold project will need to compete for capital with other projects in portfolio.
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Enga landslide: what business needs to know
4 Jun 2024 by Leave a Comment
The Porgera gold mine is operating without restrictions, following the tragic Papua New Guinea landslide which hit nearby. Meanwhile, New Porgera Limited and other PNG businesses are contributing to relief efforts, reports Nadav Shemer Shlezinger.
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People moves: PacTow, PNG Ports, Steamships, PNG Air Ltd
4 Jun 2024 by Leave a Comment
New manager for PacTow, PNG Ports has new CEO, an intended move for Steamships and a new director of the board for PNG Air Ltd.
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