Not even a pandemic could stop the new Gordons Plaza from opening. Brian Bell CEO Cameron McKellar talks to Business Advantage PNG about the challenges of launching in the times COVID-19.
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The latest business news from Papua New Guinea and the region
Oil Search shrinks its employee base, Coca-Cola Amatil PNG invests K155 million in infrastructure upgrades and bmobile and Telikom’s merger expected later this year. The news you need to kickstart your week.
Oil and LNG prices have recovered to some extent and copper has also bounced back. Palm oil prices have strengthened but cocoa is weaker. Business Advantage PNG’s monthly overview of commodity and financial markets.
Papua New Guinea’s Prime Minister travels to Lae for Wafi-Golpu project, the Minister says PNG is open to welcoming new ICT operators, and confirmed COVID-19 cases increase as PNG adapts to the Niupela Pasin or ‘new normal’. The business news you need to kick start your week.
Barrick Niugini, the majority owner and operator of the Porgera gold mine, has announced that it will be retrenching most of its workforce over the coming weeks. Meanwhile, Papua New Guinea’s government seems intent of finding a new operator for the mine.
The Sago Project in Gulf Province seeks to improve revenues from a crop already well known to smallholders. Sago Project co-founder Peter Uechtritz reveals to Business Advantage PNG the key ingredients for a successful agribusiness project in Papua New Guinea.
Mining companies in Papua New Guinea have been able to keep operating during the COVID-19 crisis. John Lewins, Chief Executive Officer and Director of K92 Mining, says his company actually ‘set records’.
The introduction of Papua New Guinea’s Electronic Transactions Act is just the start of a general online reform agenda in the country.
Papua New Guinea can now export seafood directly to mainland China, the World Bank projects GDP growth in South East Asia and the Pacific region to fall to 0.5 per cent and an agriculture project is set to transform Eastern Highlands province. The news you need to kickstart your week.
Readership of businessadvantagepng.com has soared during the COVID-19 pandemic and State of Emergency in Papua New Guinea.