There was a change of leadership at Steamships Trading Company on July 1, with Chris Daniells replacing Rupert Bray as managing director. In an exclusive interview, the two share how Steamships is pursuing its long-term growth plans amid a challenging economic environment.
PacWealth Capital has acquired the AON Master Trust in PNG superannuation fund and rebranded it as PacSuper. Eric Kramer, Chief Executive of PacSuper, tells Business Advantage PNG about the fund’s growth plans and explains why it is different from the incumbents.
Papua New Guinea businesses lose 14 workdays per employee each year to childcare responsibilities, according to a new study by the International Finance Corporation and PNG Business Coalition for Women. But employers have the power to solve this problem, the two leads of the landmark report tell Business Advantage PNG.
Air Niugini’s next generation of planes will deliver a raft of benefits, including increased passenger comfort. Roderick Eime profiles the new A220 aircraft that will be introduced into service from 2025.
Benefitting from increased business activity in Papua New Guinea’s mining sector, Lae-based construction company Hornibrook NGI is looking to further diversify into property development. Business Advantage PNG speaks to Managing Director Matthew Lewis to learn more.
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.
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.
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.
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.
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.