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ADB sounds note of caution on Lae port

The long-awaited project to expand Lae’s port is ‘ahead of schedule’, according to the Asian Development Bank’s Vice President (Operations 2) Stephen Groff, who visited Papua New Guinea last week to inspect progress. The Lae port contractor, China Harbour Engineering, is expected to complete the project—70% of which is financed by ADB loans—by the end […]
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Pacific Games 2015 offers opportunities for business

Papua New Guinea business is set to receive a major boost from supplying the Pacific Games 2015, as Games CEO Peter Stewart explains. On 4 July 2015, 4000 athletes and officials from 22 countries across the Pacific region will assemble in Port Moresby for the Pacific Games 2015. The work to prepare for the quadrennial Games […]
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New Britain Palm Oil’s award: what does it mean?

Papua New Guinea’s New Britain Palm Oil Ltd (NBPOL) has been to be ranked as Sector Leader in Agricultural Products in the 2012 Forest Footprint Disclosure (FFD) Annual Review. The award places NBPOL alongside major international companies such as British Airways, L’Oreal, Marks and Spencer and Sainsbury’s Supermarkets, which are named as leaders in their […]
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Papua New Guinea visa/work permit update

Australian government announcement raises hopes of reducing PNG red tape Last November, the Australian government announced a radical overhaul of visa processing for Papua New Guineans visiting Australia, including the introduction of a special electronic visa arrangement. The move, to be implemented in the middle of this year, was welcomed by the Australian Papua New Guinea Business […]
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