The Lae International Hotel is in the midst of a multi-year, K30 million refurbishment that will see it consolidate its position as the premier hotel in PNG’s second-largest city. General Manager Alok Kedar talks Business Advantage PNG about the grand plans.
The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab Tomodachi – capable of welcoming international flights. Business Advantage PNG visits the new facility.
Air Niugini CEOs past and present reflect on the trials and tribulations of Papua New Guinea’s national airline, during the COVID-19 pandemic and how it has prevailed since. Peter Wilmoth reports.
Port Moresby’s Grand Papua Hotel is getting a complete makeover that promises new restaurant and bar concepts and updated, high-tech rooms. Business Advantage PNG speaks to Peter Laigaard Jensen, CEO of Steamships Hospitality and Coral Sea Hotels, to find out what guests can expect from the revamped landmark.
Papua New Guinea’s property developers have been busy renovating properties and putting the finishing touches to new projects, including Marriott- and Hilton-branded executive apartments, as the sector gears up for greater economic activity.
Pradeep Lal, CEO of Vodafone Papua New Guinea, speaks to Business Advantage PNG about the challenges of establishing a robust nationwide network, and the massive opportunity ahead, as surging data use in the country encourages more customers to switch to smartphones.
Papua New Guinea’s construction sector as a whole has returned to pre-COVID levels, driven in part by a growth in demand for housing. Business Advantage PNG looks at what’s driving the trend.
A year ago, the International Monetary Fund commenced a program in Papua New Guinea, focused on improving government debt, foreign exchange shortages and governance. Business Advantage PNG sits down with the IMF’s Resident Representative in PNG, Sohrab Rafiq, to discuss progress on these three critical issues.
How does Papua New Guinea’s largest bank see the outlook for business this year? In this exclusive interview with Business Advantage PNG, BSP Financial Group’s CEO Mark Robinson assesses the trends, risks and opportunities, and how factors such as foreign exchange and a devaluing kina will play a part.
How do landowner groups in remote parts of Papua New Guinea conduct their banking without the internet and without a bank branch in sight? Microfinance business MiBank has come up with an award-winning solution.