PNG Forest Products plans fourth hydro power station as it diversifies

Forestry and timber company PNG Forest Products is expanding its diversification program as it prepares to build a fourth hydro power station. CEO Tony Honey tells Business Advantage PNG that its plan to build timber bridges and decking for export and domestic clients is also starting to get traction.
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Credit Corp to open operations in Timor Leste, says CEO

While it is adapting to increased competition and quieter market conditions at home, PNG’s largest finance company, Credit Corporation, is not standing still. Chief Executive Tor Bowen tells Business Advantage PNG that the company will open its first South East Asian operation, in neighbouring Timor Leste.
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Aviation and maritime industries in Papua New Guinea to address new emissions rules

Ocean freight and air freight services, both in and out of Papua New Guinea, will be required to ensure they are compliant with future emissions reductions requirements. Rensie Panda, Lead Climate Change Negotiator at the Climate Change & Development Authority, tells Business Advantage PNG what to expect.
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Join us in Sydney: Thomas, Pesce headline outstanding line-up for 2-in-1 investment conference

We are really excited about the program we have put together for our first investment conference in two years, which includes two heavyweight keynote speakers plus an impressive cross-section of PNG and international business leaders.
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In brief: Newcrest Mining reports drop in gold production and other business stories

Newcrest Mining reports drop in gold production, claims tourism can make strong contribution to Papua New Guinea economy and reports that foreign exchange shortage improving. Your weekly digest of the latest business news.
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